Betting is never a good thing. However, if you are looking for ways to bet on football parlays and, above all, some advice, you have come to the right place!
For those who play football parlays, their level of risk-taking is truly astonishing. In this article, Wordbongda will explain the concept of parlay betting and the strategies used by gamblers, providing you with a comprehensive understanding. You will understand why they are so daring.
In football betting, bookmakers usually offer three main types of odds: Asian handicap, European handicap, and over/under. There are also many other types of odds such as corner kicks, penalties, yellow cards, etc., to attract bettors. A parlay is a way to combine multiple types of bets into one.
Click here to visit Wintips.Com on your favorite sports. Parlay betting, also known as Mix Parlay, Combo Bets, or Multiple Bets in English, allows players to choose the most certain bets according to their calculations without being restricted to matches within the same league. A typical parlay consists of three or more legs, meaning three bets. If all the legs win, the player will receive a large sum of money. However, if one leg fails... Better luck next time.
Parlay betting is a challenging form of betting and is not suitable for those with a weak mindset. Football is a sport filled with surprises. Many bets may seem like sure winners but end up bitter for the players. If you want to play parlay bets, you must first understand how to calculate football parlays.
Although bookmakers offer various types of odds, we only need to focus on three main types: Asian handicap, European handicap, and over/under. These are the most popular types of odds for parlay betting. Among them, the European handicap is easier to calculate for parlays compared to the Asian handicap and over/under. However, before you want to bet on parlays, you need to know how to read football odds accurately.
2.1 How to Bet on Parlay with European Handicap
The European handicap is mainly based on the odds' relative ease of comparison compared to the Asian handicap. Players only need to select a team to win and receive rewards based on the odds. Therefore, the formula for a European handicap parlay will look like this:
Odds of Bet 1 x Odds of Bet 2 x ... X Odds of Bet n
2.2 How to Calculate Parlay Bets with Asian Handicap
Calculating over/under and Asian handicap odds can be relatively complicated. Therefore, they are more difficult to understand compared to European handicap odds. Here is how to bet on parlays with Asian handicap, over/under, and some other types:
If the bet wins, multiply by an unlimited number. Therefore, parlay bets are usually applied to smaller leagues. In the parlay, there is a bet that loses half, due to the bookmaker's allocation ratio. In the parlay, there is a draw bet, multiply by 1.
General formula (when all four cases above occur):
Odds of winning bet x (1 + (Odds of half-win - 1)/2) x 1/2 (Odds of half-lose) x 1 (Odds of draw) x ... X Odds of Bet n
Therefore, parlay bets are never easy to win. The potential profits are enormous, attracting people and drawing them in. If you lose one bet in the parlay, you will lose the entire previous sequence. This represents the fact that you are in a 0.0001
Above is the sharing from Worldbongda about how to calculate football parlays and an explanation of the win-loss aspect for football bettors. Stay alert before it's too late!