https//one88center regarding parlays is DON'T Parlays generally carry a higher 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 are not They believe they are able to win more with parlays, however they cannot The bigger win with parlays is far outweighed by the bigger possibility of losing Parlay bettors are in fact risking more, with less possibility of collecting A parlay is not a single bet It is two bets -- a one-unit bet using one team and a two-unit bet on the other Which team gets the two-unit bet In point-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 something team loses, however, the double bet is presumed to possess been on the loser How smart is that for the bettor Go ahead, make 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 can be bad money management In a parlay you either bet double on the second team, or nothing on that same team, depending upon whether the first game won or lost That adds an element of luck to your betting that doesn't have to be there The skilled handicapper is definitely seeking to make smart investments He tries to get rid of the result of luck to the best extent possible in order to make his results as predictable as you possibly can As with every rule, however, there are exceptions The exception to the rule regarding parlays occurs when 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 new player to consistently parlay the initial half with the game The player parlayed totals by combining the over in the first half with the over in the game, and the under in the initial half with under in the game Both parlays were manufactured in the same game Each and every time the player won he would win 26 times his bet Betting 100 on each parlay, if one of them won, the player would win 260 and lose 100 on another parlay for a net win of 160 He could never win both parlays If he lost both parlays he'd lose 200 At first glance, this were a great opportunity for the book The normal coin-flip odds of winning one parlay from the two are 50-50 As far as the bookie was concerned the bettor ought to be winning 160 half enough time, and losing 200 half enough time The bettor, however, making 500 parlays, was ahead a lot more than 20,000 after 6 months, and the book begun to look at what the bettor was doing more carefully The issue for the bookmaker was that both halves of every parlay were co-dependent At the end of the first half, the bettor was almost never in a 50-50 situation Take the Thursday night game between Utah and Air Force The overall game total was 53 and the initial half total was 27 At the end of the initial half, the score was 31-21, for a complete of 52 first-half points The initial half of among the parlays, the "over" in the initial half was successful For the parlay probability to be correct, there should now be considered a 50-50 probability of winning the "over" for the game Obviously the chances of winning the "over" in the overall game were not 50-50 but better than 99 in favor of the "over" The ball player only needed to win the first half of the parlay to be virtually assured that he would collect 26 times his money rather than just 10 for 11 Before you rush out to try this, be aware that most off-shore books are far too smart to enable you to parlay first half to game Should they do let you do this, start worrying about collecting because that book will be taken up to the cleaners There are, however, some less obvious co-dependent parlays that may 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 significantly less than double the spread can provide 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 each other and boost your win with very little increase in risk Such a bet, however, needed that you have an opinion privately or the full total Parlaying is another method to boost your potential win on these games, or to create a potential win when you have no opinion You can find two games this Saturday that qualify They are Virigina -25 over Duke with a complete of 48 �, and Kansas St -24 � vs North Texas with a complete 46 � In the Virginia game, if you were to think that Virginia covers the 25 points, then they must hold Duke to no more than 11 points or the game will go over the full total The more likely it becomes through the game that Virginia covers 25 points, the much more likely it becomes that the game will review 48 � The wider Virginia's winning margin, the much more likely the game will go over If you want Virginia to cover the spread, and you believe that Duke will not be shut out, in that case your possibility of winning a parlay on Virginia and the over are higher than the normal 25 Likewise, if the scoring stays low, it really is not as likely that Virginia covers the 25 points Therefore, the probability a parlay of the under with the underdog will win is higher than the normal 25 In case you have no opinion on the 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 real 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 a winning 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 isn't as strong as parlaying first half and game totals if it were, most books wouldn't normally allow such bets, but there exists a sufficient co-dependency in the games with low totals and high spreads to make the strategy profitable long-term Not all bookmakers will allow you to parlay the side to the total in exactly the same game, because progressively more are realizing these bets are sometimes co-dependent But, enough books still do allow such bets that you should consider including such bets in your professional betting arsenal If your bookmaker provides "if/reverse" bets, you can replace the parlay bet with an "if/reverse" bet and achieve greater success