Category Archives: Parlay betting

How to Make Money Handicapping Horse Races and Betting on Horseracing

Charlie Goodwin

Charlie Goodwin

Sports betting can add excitement and fun to any game and will keep you on the edge of your seat throughout! Please remember, never give up as you have chosen one of the best businesses you could ever get into!
Charlie Goodwin

Latest posts by Charlie Goodwin (see all)

The ones who depend upon luck or some other esoteric method are more like lottery players than handicappers, but the thing they all have in common is that all there money goes into the same pool and some from each group will be successful while many will not.. There are many more people, perhaps millions around the world, trying to make money betting on horse races depending upon luck or some other system to be a winner.

For some people, horse racing handicapping is an intellectual sport and they prepare themselves and work hard at it. The only work they do is to walk into the club house and maybe read a simple list of horses and riders. If the success rate for handicappers is 5-10% then it is probably 1-2% for those depending upon luck.

On the other hand, the ones who depend upon luck invest nothing but money and very little time. That edge is what separates gamblers from handicappers and is why, in the long run, handicappers win more, but in all fairness, they don’t just win it, they earn it.

There are thousands of people trying to make a living from horse racing by handicapping the horse races and then betting on horse races.

The way you make money handicapping and betting on horse races is in finding a good bet.

Your chances of success are much greater if you educate yourself, prepare, practice, and work hard, but there are no guarantees. The thrill of winning is probably pretty close to the same for each group, though the handicappers also have the satisfaction of working hard and getting rewarded for it.

The big advantage that the handicapper has over the gambler is that he or she has an idea of each horse’s chances of winning and therefore, how much a horse has to pay to win in order to make money on such bets in the long run see here


Lions’ upset over Saints completes 20,000-to-1 parlay, paying $100K

Charlie Goodwin

Charlie Goodwin

Sports betting can add excitement and fun to any game and will keep you on the edge of your seat throughout! Please remember, never give up as you have chosen one of the best businesses you could ever get into!
Charlie Goodwin

Latest posts by Charlie Goodwin (see all)

She bet that both teams would score more than 45 points. Polia also was required to pick the over or under on that game. The Chiefs, as an eight-point favorite, crushed the Ravens by 20.

Polia said she has loved sports her entire life — a Celtics logo tattoo on her hip is a testament to her love of Boston, which she left because she got sick of the winters.

“I remembered that I picked the Giants and they lost,” Polia said. Polia had the Giants as a five-point underdog.

Polia said, upon hearing the news, she fell to the floor of the law firm where she works in disbelief and, minutes later, said she was going out to lunch.

The final game of the parlay was on Monday night, where she had the Lions as a three-point underdog. “So I thought it was strange when I looked at it [Tuesday] morning and saw that I won.”

For William Hill sports book director Nick Bogdanovich, this weekend wasn’t a good one, to say the least. She had the Falcons as a three-point underdog, and the Texans and Redskins as one-point underdogs; they won and covered. She cashed in by being on the right side of the point spread in 14 games and correctly picking the over in the Steelers/ Broncos game.

The against-all-odds story gets better: Polia said this is only the second bet she has placed in her life.

The closest game she had was the Steelers, who were six-point favorites on the card, beating the Broncos by a touchdown after spotting Denver a 17-point lead. Not only did Polia’s payout come through, but a 15-game parlay where bettors just have to pick the winners also hit. A progressive pot of $170,782 was split by 17 people.

Her dream, she says, is to make Vegas a pit stop on the way to owning a beach house in California.

An hour later, Polia, with $20 in her account, risked $5 on the parlay. They scored 61.

Aside from the Giants as five-point underdogs, Polia’s card had the Vikings as a five-point favorite, and they won by 21.

One of the biggest long shots in betting history will be cashed on Wednesday afternoon when Tayla Polia gets paid $100,005 for her $5, 15-leg NFL parlay that came through this week.

“On Sunday morning, my boyfriend and I were sitting on the couch talking about how spreads worked,” Polia said. The Panthers beat the Giants by three. Her card had the Cardinals and Bengals as four-point favorites, and they won by 23 and 10, respectively.

The Chargers, as a two-point favorite, beat the Dolphins by 16. They beat the Saints, 35-27.

Bogdanovich said the $5 15-team parlay card for $100,000 has hit before. “He was frustrated since I wasn’t getting it right away.”

The 26-year-old Polia, who had just moved to Las Vegas two months ago, got 20,000-to-1 odds on the parlay card on betting firm William Hill’s mobile site. William Hill paid out a couple times in Delaware, where betting on the cards is permitted.

Thanks to one of the most improbable betting stories, that might happen sooner rather than later.. The Packers won by 10 as a three-point favorite. “Of course, he didn’t believe me.”

Polia then called up William Hill and the person on the other line informed her that she was picking against the spread. The Patriots and Seahawks were 14-point favorites and they both won by 17. Even though she was getting higher odds for picking against the spread, she said she spent time just picking who she thought was going to win the game instead.

“I somehow drove back home to tell my boyfriend in person,” Polia said see here


How To Take Your Sports Betting To The Next Level Using Parlays

Charlie Goodwin

Charlie Goodwin

Sports betting can add excitement and fun to any game and will keep you on the edge of your seat throughout! Please remember, never give up as you have chosen one of the best businesses you could ever get into!
Charlie Goodwin

Latest posts by Charlie Goodwin (see all)

You are paying them to book your bet. Do not let a winning streak give you a disregard for money. The profit potential of the Parlay takes advantage of any sequence of consecutive wins. There is an element of luck involved in every game of chance (good luck and bad) When you’re running good you want to ride it out to the end and make the most of it. Don’t try to be a hero… Doing this could lead to catastrophic losses. Never try to recoup losses by increasing the size of your bets.

The odds of choosing any even money wager correctly 5x’s in a row are 31 to 1. Bet minimum amounts when losing. Never double-up after a loss.

3. Any betting situation that offers two comparably equal choices will produce the best results.

The term Parlay applies to pyramiding profits with a series of two, three (or sometimes more) consecutive wagers. Systems that only increase wagers following a win combine both excellent profit potential and protection from a serious loss.

You may not have made as large a profit as you could have by taking on more risk, but this way your initial risk capital would be your only risk.

Sports books adjust their betting “line” to reflect an odds payout for the favored team or the underdog. Keep in mind that 44% would be losses.

5 or more occur 1 in 36 decisions. Walk away from a losing streak but always ride out the winning ones. Wishing you the very best of luck always.

*(please use 3 bullets)

Applying the Parlay technique to sports betting requires a few minor alterations. A successful double win Parlay will yield a profit of 3x’s the amount of your original bet.

It’s perfectly ok to take on a little extra risk to try for a bigger win when betting back profits. Depending on the sports book they would either charge $110 to win $100 or $60 to win $50. To learn the bet selection method he uses for sports betting to achieve an 80% win rate click here: EasySportsInvesting and watch the Free video.

Knowing The Odds

Games such as casino Craps (even money wagers on the “Pass” or “Don’t Pass” line bets), Roulette (red/black, odd/even & high/low), Baccarat (player/bank wagers) and most sports betting are all well suited to Parlay wagering. Obviously, when given the choice you should always choose to pay the lesser amount.

Let’s Break It Down

Based on my 40+ years of gambling experience I find that the best approach when using the Parlay method is to not try for the long odds associated with attempting 4, 5 or more consecutive wins.

The only betting system that takes this into account are “up-as-you-win” systems. Following any loss I would revert back to my starting wager and lock in any profit I had accumulated up to that point.

Always keep in mind, you’re gambling. Bet heaviest when you are winning using the “houses” money to increase your bets.

Ray Walkoczy is the author of SportsBetBreakthrough.com with over 40+ years of professional gambling experience. This acts to prevent either team from gaining an edge.

In addition to adjusting the payout, the sports book provides a “point spread.” The “point spread” works the same as the odds payout in leveling the money bet on each game. Always lock up your profits when you have them or they could disappear just as quickly.

5. A bet selection method that produces a 56% win rate will actually provide an overall profit by simply “flat betting.” So playing for double win Parlays would also show a sizable profit. Never gamble with money you cannot afford to lose. After one or two successful parlays I would then begin to increase my starting wager attempting another two win Parlay.

Using the Parlay method it is best to combine it with a strong bet selection system.

If I manage to increase my original bankroll by 30-50% I would then try for a three win parlay. With that said, it is crucial to avoid any betting system that recommends doubling up after a loss even though the odds would seem to favor you not being wrong 5 x’s in a row.

Any system that doubles up following a loss can quickly lead to catastrophic losses following any brief string of losing bets.

Although in the “long run” the odds are a mathematical certainty, over the short term (the time which you are using the system) they cannot be counted on to perform this way.

1.

2. It’s NOT ok to chase those wins by risking more of your own money.

The safest methods typically apply to “even money” wagers where the likelihood of winning two, three or more bets in a row are fairly commonplace.

The next time someone says that you can’t win betting on sports…

In using a three win Parlay your starting wager of $20 would produce a $160 win or 7 to 1 on your money.

Author’s Bio: .

The sports books will always charge a “Vig” or commission on wagers. you’ll know better than that. Have a definite money management system in place. You should be aware that $110 to win $100 is a 10% commission whereas $60 to win $50 is a 20% fee. Even though when betting sports there are only two teams and it should essentially be a toss up, we know it is not.

The Odds on any even money proposition’s consecutive wins or losses:

Sports Betting And The Parlay

Best Practices

5 Rules To Profit By

7 or more occur 1 in 140 decisions. When you are betting on the underdog you receive the odds while when betting on the favored team you will be paying the odds.

When comparing all the gambling techniques ever invented there are few that are better than the Parlay. This being the case, you would also realize that the chances of betting wrong 5 x’s in a row are also see here