How to Parlay Online Sports Bets Into Big Winnings
At one time or another, sports bettors have all dreamed of landing the perfect parlay and walking away with a huge payoff. But unless you’re able to predict two, three or sometimes even four straight-up winners – it’s almost impossible for your parlay wager to be successful. That is – if you play this famous wager the traditional way.
What if there was a sure-fire way to parlay an unlimited number of bets into huge payouts? It is possible, and you don’t even have to be a genius to do it! This is exactly how sports betting singapore-based sites operate, and thousands of bettors, just like you and me, have used this unique concept to huge pocket sums of money.
What’s the secret?
Take a closer look at how these online sports betting sites offer parlay wagers on multiple games. It may not be that difficult after all!
To begin with, instead of betting on one game, players must predict which teams will win in specified matchups.
For example, you might expect the New York Jets to beat the Buffalo Bills and also expect the San Francisco 49ers to defeat the St. Louis Rams on Sunday afternoon. That’s what is called “parlaying” your bets or making multiple bets on one game card.
Online sports betting sites like WB7 have made this a really simple process when it comes to actually placing your bets. You just pick which teams you think will win and choose how much to wager on each bet.
In this example, let’s say that the Jets are 5-point favourites against Buffalo, while San Francisco is a 7-point favourite at home against St. Louis. Therefore, if you bet $110 on New York to beat the Bills, your expected payoff is $165. That’s because if they win, you collect $160 (your $110 bet plus your $50 potential payout), but if they lose, you only forfeit the $110 wager.
Now let’s say you also wagered on San Francisco to win their game, but you bet $100 instead. That means your expected payoff is $170. Just like in the example above, if they win, you collect $170 (your $100 bet plus your potential $70 payout), but if they lose, you only forfeit the $100 wager.
How to parlay in online sports betting?
When it comes to parlaying online sports bets the smart way, the key is to always make multiple bets on a single card – and if you win a parlay wager, take your money and quit.
Why? Well, because for every winning bet you collect, it increases your potential payout – even if you lose a few other bets on that same card. In other words, you’re building “potential” into every single online sports bet you make.
That’s what makes this type of wager so popular with serious players, but it gets even better when you start making multiple bets on a daily basis instead of just one or two cards per week.
The fact is that the more selective you are with your daily card, the more potential you’ll build up in your bankroll.
Online sports betting is still in its infancy, but savvy bettors are already taking advantage of this new way to play.
For example, instead of just wagering $110 on one game at -110, you could spend $10 per play and parlay all ten games into a nice windfall.
Just remember that in order to turn the tables on all the sportsbooks out there, you must NOT combine multiple bets into one parlay or teaser. That may seem counterintuitive, but it will only lead to more frustration when you’re trying to cash your winning ticket.
Unbeknownst to many, every sports betting singapore-based site has an “automatic parlay” feature that combines multiple bets into one ticket, then pays you the same exact amount as if you wagered each game individually? With this offer coming directly from the betting house, it may be hard to believe, but there are only pluses and no minuses!
That’s right – online sports betting sites like WB7 list games where you can bet on multiple footballs, basketball, baseball and hockey matchups with a single click of your mouse.
For example, if you wanted to place a $5 parlay on five different NFL games this weekend – including the New York Jets at Buffalo Bills ($110), Houston Texans at Atlanta Falcons ($100), Kansas City Chiefs at San Diego Chargers ($100), Carolina Panthers at Minnesota Vikings ($100) and Seattle Seahawks at New York Giants ($115) – you could place a single $5 parlay bet on all of those games for just $20.
What’s the catch?
There isn’t one – each online sports betting site offers this “automatic parlay” feature to give their customers the convenience of saving time and money. While you will receive less than your typical payout if one or more of your wagers lose, the odds are still in your favour for collecting a winning ticket.
The key is to always bet on games where all teams have a realistic shot at winning. For example, let’s say that you want to place a $200 four-team parlay on the Green Bay Packers, New England Patriots, Baltimore Ravens and Houston Texans. The bookie might charge you $120 to make the wager. But if you wanted to bet on all five teams – including the St. Louis Rams, Indianapolis Colts and Tennessee Titans – you’d be out of luck.
On a related note, make sure you always keep your bets within the accepted numerical odds in order to receive the best payouts. For example, if you wanted to place a $10 parlay on five games, but one team only has +300 odds while another is at -200, you would wager $120 instead. By doing so, you could save yourself money over the long run.
In the past year alone, online sports betting has become a serious player in this popular form of wagering. Nobody’s complaining about that because it means more action for everyone! What’s even better is that if you take your time and learn how to parlay online sports bets into big winnings, you could end up burying the rest of the field.
Is it time for you to turn that online sportsbook into your own personal ATM? You’ll never know unless you try!