The general rule regarding parlays is DON'T Parlays generally carry an increased house edge than straight bets, therefore you give the book a more impressive advantage over you when you play them That, by itself, is reason enough to suppress the misplaced feelings of greed coupled with fear that often result in betting parlays People think they are risking less with parlays, however they aren't They believe they are able to win more with parlays, however they cannot The bigger win with parlays is far outweighed by the higher possibility of losing Parlay bettors are actually risking more, with less possibility of collecting A parlay is not a single bet It really is two bets -- a one-unit bet on one team and a two-unit bet on another Which team gets the two-unit bet In https//new88law/ -spread betting at constant money odds, if both teams win or both teams lose it doesn't matter which team gets the double bet When one team wins and one team loses, however, the double bet is presumed to have been on the loser How smart is that for the bettor Just do it, create a parlay We'll wait until both games are over, and in case there is a split we'll put the double bet on the loser If your bookmaker sold you a parlay with that line, just how many of you'll still make the bet A parlay is also bad money management In a parlay you either bet double on the second team, or nothing on that same team, depending upon if the first game won or lost That adds an element of luck to your betting it doesn't need to be there The skilled handicapper is definitely wanting to make smart investments He tries to get rid of the effect of luck to the greatest extent possible to make his results as predictable as possible As with every rule, however, there are exceptions The exception to the rule regarding parlays occurs once the two bets are co-dependent I knew one bookmaker who was taken for tens of thousands because he didn't understand the co-dependency of certain bets He allowed a player to consistently parlay the first half with the game The player parlayed totals by combining the over in the initial half with the over in the game, and the under in the initial half with under in the overall game Both parlays were manufactured in the same game Every time the player won he would win 26 times his bet Betting 100 on each parlay, if one of these won, the ball player would win 260 and lose 100 on the other parlay for a net win of 160 He could never win both parlays If he lost both parlays he would lose 200 At first glance, this appeared to be a great chance for the book The standard coin-flip probability of winning one parlay out from the two are 50-50 So far as the bookie was concerned the bettor ought to be winning 160 half enough time, and losing 200 half the time The bettor, however, making 500 parlays, was ahead a lot more than 20,000 after six months, and the book started to look at what the bettor was doing more carefully The problem for the bookmaker was that the two halves of each parlay were co-dependent At the end of the first half, the bettor was hardly ever in a 50-50 situation Take the Thursday night game between Utah and Air Force The overall game total was 53 and the first half total was 27 By the end of the first half, the score was 31-21, for a total of 52 first-half points The first half of among the parlays, the "over" in the initial half was successful For the parlay probability to be correct, there should now be a 50-50 possibility of winning the "over" for the game Obviously the chances of winning the "over" in the overall game weren't 50-50 but much better than 99 in favor of the "over" The player only had a need to win the first half of the parlay to be virtually assured he would collect 26 times his money instead of just 10 for 11 Before you rush out to try this, be aware that most off-shore books are much too smart to permit you to parlay first half to game If they do enable you to do this, start fretting about collecting because that book will be taken to the cleaners There are, however, some less obvious co-dependent parlays that can be made at many books One kind of co-dependent parlay may be the parlay of the medial side and total in exactly the same game Any game in which the total is less than double the spread can give you an advantage in parlaying side to total in the same game We've already discussed, in a prior article, how exactly to use these anomalous side and total combinations to hedge one another and boost your win with very little increase in risk This type of bet, however, needed that you have an impression on the side or the total Parlaying is another method to boost your potential win on these games, or even to create a potential win assuming you have no opinion There are two games this Saturday that qualify They're Virigina -25 over Duke with a total of 48 �, and Kansas St -24 � vs North Texas with a total 46 � In the Virginia game, if you were to think that Virginia will cover the 25 points, then they must hold Duke to only 11 points or the game will go over the full total The much more likely it becomes during the game that Virginia will cover 25 points, the more likely it becomes that the overall game will review 48 � The wider Virginia's winning margin, the much more likely the game will review If you like Virginia to cover the spread, and you believe that Duke will not be shut out, then your probability of winning a parlay on Virginia and the over are greater than the standard 25 Likewise, if the scoring stays low, it is not as likely that Virginia will cover the 25 points Consequently, the probability that a parlay of the under with the underdog will win is greater than the normal 25 For those who have no opinion on the overall game, you can parlay the favourite with the "over" and the underdog with the "under" and collect sufficiently often to exceed the losses when both parlays lose In the only other game meeting the qualifications this week -- Friday's game between California -30 against New Mexico State with a complete of 58 -- the under has recently won with the underdog for an absolute two-parlay spread The closer the posted total would be to the spread privately, the better win-rate will undoubtedly be on the parlay "spread" bet The co-dependency in side to total parlays is not as strong as parlaying first half and game totals if it were, most books would not allow such bets, but there exists a sufficient co-dependency in the games with low totals and high spreads to help make the strategy profitable long-term Not all bookmakers will allow you to parlay the medial side to the full total in the same game, because more and more are realizing these bets are sometimes co-dependent But, enough books still do allow such bets so that you can consider including such bets in your professional betting arsenal If your bookmaker provides "if/reverse" bets, it is possible to replace the parlay bet having an "if/reverse" bet and achieve greater success