betting heavy favorites on moneyline parlays

The image above displays the main betting options on an NFL game at BetOnline, one of the top offshore sportsbooks in America. It is normally one of the top three betting options displayed when you click on a game at an online sportsbook. What is a Moneyline Bet?Ī moneyline bet is a simple prediction on the result of an upcoming sports event, such as a baseball game, MMA fight or tennis match. You will also discover our top tips and the best sites for placing moneyline bets, so continue reading to learn more. We will explain precisely what the bet entails, how to place a moneyline wager and how to read the odds. This guide will arm you with all the information you need to make a success of moneyline betting. Moneyline betting can also be highly lucrative when you make astute picks.

It is a very simple market, as you just need to predict the outcome of a sporting event. But if you keep your stakes low and consistent, you’ll have a better chance at a profit.The moneyline is the most common betting option on sports such as baseball, hockey, soccer, MMA, boxing and tennis. Manage your bankroll. Being disciplined with your bankroll is key long term, as not all parlays will win, particularly in the NFL.

Not quite the big win you wanted, but at least you have another shot at winning with your site credits.

Parlay Insurance gives you your stake back up to $25 in site credit if your 5+ leg parlay misses by one selection. This is where parlay insurance at FanDuel can ease the blow. Nothing is worse than hitting four out of five winning picks, only for the last one to bring your parlay down. One of the best examples of this is FanDuel Sportsbook’s various parlay insurances. Promotions are also a great way to try to gain an edge when betting parlays. For example – if you wager a 3-team parlay with each selection at odds of -105 instead of -120, your payout would be $74.42 instead of $61.62 for a $10 stake, so $12.80 more in profit just for shopping the odds. While there is often only a marginal difference between sportsbooks, in a parlay those margins quickly add up.

Shop around for the best odds and promotions. Sportsbooks’ odds are a competitive market, and not all online sportsbooks offer the same odds and often try to outdo one another.

Those bigger 10-team parlays can be great fun, but keep those stakes to a minimum and have smaller parlays as your main types.

Stick to 2, 3, 4, or 5-team parlays most of the time. As mentioned above, each selection you add increases the difficulty so over time it is more likely to be profitable when keeping to the smaller-selection parlays.

Betting heavy favorites on moneyline parlays