Definitely agree with doing parlays 'manually' if they're not running at the same time. Besides promotions, no reason not to in that case. Parlays as a whole are cyclical, in that for beginner bettors they're a noob trap (lured in by high payouts but given that they aren't picking +EV lines it's making things worse for them). For intermediate bettors, they know to stay away from them. For advanced bettors, between promos, boosts, and yield/EV, they can be a viable - and potentially the most profitable - way to bet in the long run, because parlays do usually boost yield and unitgain if you're genuinely using +EV lines in them. I made a killing last year from doing same game parlays (because of innate boosts within them, plus promotional boosts from the book), and only just recently swapped to straights due to my model providing higher unitgain as straights (though at a decent sacrifice to yield). It was largely a switch due to my mental state though - two losing days in a row despite having awesome days with the market selection, and I didn't want to suffer a third. TL;DR - don't even consider parlays unless you can demonstrate that your market selection skills result in +EV lines being chosen. After that, it's up to you how you use those markets, but if nothing else straights are usually more reliable, even if they don't maximise yield or unitgain.
When you convert european odds (3.00) to american (2:1) you are not counting initial stake in american odds. Means 4.00 is not 4 to 1, it’s 3 to 1. Also, no matter if you bet a parlay or „semi parlay” the amount of compounding juice is exactly the same. But, the general conclusion is right. Usually the compounding juice is bigger than a normal juice per bet.
Your sheet numbers are wrong 2t turns $100 into $364, profiting $264. You don't lose $104, you lose $4. That entire column is wrong, but same idea you do lose money if you don't get true odds
I came here to learn how to trade after listening to a guy on radio talk about the importance of investment and how he made $465k in 4months from $160k. somehow this video have helped me shad some light into few things, but I'm still confused, I'm a newbie and open to ideas.
But if ur betting straight ur not even making back as much as u put in and if ur in this business u already understand that everything is a risk so why not risk a 2-3 leg and get a bigger payout. If u cant find 2-3 picks a day that are good picks then why even bet ?
Did you watch the video? He shows the math why it's better to bet one game and put the winnings into a second straight bet. The only time it's better is if the games are at the same time. And even then, tying your winnings to multiple unrelated outcomes hitting is not a good strategy.
Parlays are a bit of a 'cycle' concept. For beginners, they're a noob trap because of the reasons stated (vig, letting it ride, etc). For intermediate bettors, they're aware it's a noob trap so they stay away. For some advanced bettors, they can lead to the highest yield/EV, because parlays result in higher yield if you're using +EV lines in them. However, that does come at the cost of how frequently your bets win; you trade the reliability of the straights coming in at a lower yield, for the higher long term yield that comes on the back of the bigger paydays when they do come in. Though I definitely agree that you need a reason to do them over just letting them ride naturally. Promos and boosts might be one. I made a small fortune last year using same game parlays, primarily because of the mechanics of the bookie I was using - there were boosts naturally within their same game parlays (likely because the events aren't truly independent, though my model indicated they largely acted that way), as well as promotional boosts on top of that. Recently though I've swapped to straights; I'm definitely sacrificing yield, but the unitgain from doing it as straights just pulled ahead (a few too many games of losing by a single market), and from a mental standpoint I couldn't stand another day of losing units when the market selection was actually quite good for the day.
Completely wrong . I have made £2,900,000 from sports betting on 18 years from parlays and can prove it on demand By the end of this year I will be utterly devastated if I haven’t made another £500,000 to £1 million from parlays (Because this is the most straightforward situation I’ve ever known) The only thing is all my parlays are on long term markets Long term markets are ridiculously easy to trade and it’s absolutely wrong NOT to put those trades in parlays I’m truly staggered by the spectacular ignorance of long term sports betting markets and how to exploit them exhibited by all these so called experts Utterly utterly incredible It is 20 times easier to make money from parlays on long term markets than from singles on games And if anyone disagrees why don’t they bet me ? 10,000 dollars say But they never do They never do
Video,math and logic makes no sense. Betting straight after straight after straight is not feasible because a lot of the games of the day play at the same time.
Awesome information. JT
Definitely agree with doing parlays 'manually' if they're not running at the same time. Besides promotions, no reason not to in that case.
Parlays as a whole are cyclical, in that for beginner bettors they're a noob trap (lured in by high payouts but given that they aren't picking +EV lines it's making things worse for them). For intermediate bettors, they know to stay away from them. For advanced bettors, between promos, boosts, and yield/EV, they can be a viable - and potentially the most profitable - way to bet in the long run, because parlays do usually boost yield and unitgain if you're genuinely using +EV lines in them. I made a killing last year from doing same game parlays (because of innate boosts within them, plus promotional boosts from the book), and only just recently swapped to straights due to my model providing higher unitgain as straights (though at a decent sacrifice to yield). It was largely a switch due to my mental state though - two losing days in a row despite having awesome days with the market selection, and I didn't want to suffer a third.
TL;DR - don't even consider parlays unless you can demonstrate that your market selection skills result in +EV lines being chosen. After that, it's up to you how you use those markets, but if nothing else straights are usually more reliable, even if they don't maximise yield or unitgain.
Thank you for putting the math out there on this.
Thank you breaking this down in a way I can understand.
Thank you :) love this format so much
Great Stuff
When you convert european odds (3.00) to american (2:1) you are not counting initial stake in american odds. Means 4.00 is not 4 to 1, it’s 3 to 1.
Also, no matter if you bet a parlay or „semi parlay” the amount of compounding juice is exactly the same.
But, the general conclusion is right. Usually the compounding juice is bigger than a normal juice per bet.
lmao thats me , randomly stumbled upon this vid, Indian btw, maybe i got to know betting through British lingo, thanks regardless !
Your sheet numbers are wrong
2t turns $100 into $364, profiting $264. You don't lose $104, you lose $4. That entire column is wrong, but same idea you do lose money if you don't get true odds
That is true. This calculation includes the initial stake on every step. That is why it is not as profitable to make this semi parlays.
We work for years to have, $1million while some people I know put thousand of dollars in some meme coins and they are millionaires.
I came here to learn how to trade after
listening to a guy on radio talk about
the importance of investment and how
he made $465k in 4months from
$160k. somehow this video have
helped me shad some light into few
things, but I'm still confused, I'm a
newbie and open to ideas.
This amazing such a great return, how
can reach her through
but you can get to reach her through
this means👇
She's active on Face book
hEr username
But if ur betting straight ur not even making back as much as u put in and if ur in this business u already understand that everything is a risk so why not risk a 2-3 leg and get a bigger payout. If u cant find 2-3 picks a day that are good picks then why even bet ?
Did you watch the video? He shows the math why it's better to bet one game and put the winnings into a second straight bet. The only time it's better is if the games are at the same time. And even then, tying your winnings to multiple unrelated outcomes hitting is not a good strategy.
Parlays are for people who don't understand math.
Or people who like playing parlays regardless
@@basiliszag i don’t need to understand math . I bet parlays because sports betting is completely random.
Parlays are a bit of a 'cycle' concept. For beginners, they're a noob trap because of the reasons stated (vig, letting it ride, etc). For intermediate bettors, they're aware it's a noob trap so they stay away.
For some advanced bettors, they can lead to the highest yield/EV, because parlays result in higher yield if you're using +EV lines in them. However, that does come at the cost of how frequently your bets win; you trade the reliability of the straights coming in at a lower yield, for the higher long term yield that comes on the back of the bigger paydays when they do come in.
Though I definitely agree that you need a reason to do them over just letting them ride naturally. Promos and boosts might be one. I made a small fortune last year using same game parlays, primarily because of the mechanics of the bookie I was using - there were boosts naturally within their same game parlays (likely because the events aren't truly independent, though my model indicated they largely acted that way), as well as promotional boosts on top of that. Recently though I've swapped to straights; I'm definitely sacrificing yield, but the unitgain from doing it as straights just pulled ahead (a few too many games of losing by a single market), and from a mental standpoint I couldn't stand another day of losing units when the market selection was actually quite good for the day.
Completely wrong .
I have made £2,900,000 from sports betting on 18 years from parlays and can prove it on demand
By the end of this year I will be utterly devastated if I haven’t made another £500,000 to £1 million from parlays
(Because this is the most straightforward situation I’ve ever known)
The only thing is all my parlays are on long term markets
Long term markets are ridiculously easy to trade and it’s absolutely wrong NOT to put those trades in parlays
I’m truly staggered by the spectacular ignorance of long term sports betting markets and how to exploit them exhibited by all these so called experts
Utterly utterly incredible
It is 20 times easier to make money from parlays on long term markets than from singles on games
And if anyone disagrees why don’t they bet me ?
10,000 dollars say
But they never do
They never do
Hold up, you might be a a genius
Video,math and logic makes no sense.
Betting straight after straight after straight is not feasible because a lot of the games of the day play at the same time.
I disagree. $236,000 in a yr all on parlays ive been doing fine
The more parley legs you have the more the house has the advantage