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In conclusion, be aware that parlays can offer much leveraged, profitable opportunities, if you know where to look. A great thing about parlays is that most bookmakers will automatically laugh and think “sucker bet” when in fact some parlays are highly profitable for the bettor. Knowing these spots will greatly increase to your bankroll and will also provide some laughs along the way. Keep reading to learn how to use parlay betting strategies effectively. Another way to incorporate parlays into your strategy is to bet into weak numbers and combine them with other, stronger spreads to increase your exposure to the weak number.
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We’ve already talked about parlaying winnings bets together to increase potential payout. But, even breakeven or -EV bettors can sometimes find winning parlay bets through a concept called correlation. Let’s look at some examples of how parlays would work with hypothetical bets from Week 1 of the NFL season. Since we’ve already broken down a two-team parlay, we’ll take a look at a three-team parlay and then a four-team parlay.