Put another way, the won’t butter your sports betting bread.Ĭonsider this: Generally speaking, sportsbooks “hold” around 30 percent of parlay bets. In short: Parlays aren’t worth the money.īut they are fun, which is why we recommend going easy! Parlays should not be your bread and butter. So to be clear: While your odds increase with each successive bet, the individual odds that go into the whole bet shrink up. You might think you put two bets together, you’ll get a 4-to-1 payout, three bets an 8-to-1, four 16-to-1, etc. So why beware? Well, for starters, the odds aren’t in your favor. Hitting a parlay is even funner (not a word, but you know what we mean). Putting together two, three, four, five, six (stop us any time), seven, eight, nine or more bets into one parlay - and watching that “ if you win” number climb exponentially - is fun. They bring in the most profit - by a lot - at all sportsbooks. 2) Getting Carried Away Seeking Higher Payouts From Parlays
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