What is football parlay betting?
Parlay betting is a type of wager used in football betting. With parlay betting, players can select two or more matches but require only one betting ticket. If they win, the reward amount is substantially higher, multiplying significantly compared to the initial stake.
In cases where all matches don't result in a complete win, the possibility of losses is greatly reduced. This is precisely why parlay betting is favored and chosen by many player after watch combo soccer tips
Types of parlay betting
Currently, there are various types of parlay bets available. Each type suits different strategies and specific betting methods for players. So, what types of parlay bets can you choose from?
Two-leg parlay betting
In a two-leg parlay, players select two football teams from two different matches in a season. If both teams win, the parlay bet's reward goes to the player.
If one team wins and the other loses, the player retains their bet amount. In the case of one win and one draw, the reward is calculated based on the odds set by the bookmaker.
Three-leg parlay betting
With a three-leg parlay, players have a greater chance of winning significantly larger rewards. Currently, the number of options for three-leg parlay betting is usually higher than for two-leg bets. The winning and draw probabilities for this type are higher, hence the potential for better returns.
Four-leg parlay betting
Players select four different football teams simultaneously. Winning in this parlay bet type can yield a substantial reward. However, the possibility of all four teams winning can be quite challenging. Hence, it's crucial to predict and thoroughly analyze each match to avoid making incorrect decisions.
Five-leg parlay betting
Considered a higher number of legs in betting, only a few bookmakers provide this option for players. When participating in a five-leg parlay, players need to ensure they have a sufficient betting capital, analytical abilities, and accurate predictions. The rewards obtained from successful bets in this type can leave players feeling overwhelmed.
Calculating Parlay Betting Bonuses
At betting houses, players have the option to participate in various different bets. Each bet has its own specific method of calculating bonuses, as detailed below.
Calculation method for Asian Handicap Parlay Bets
In the Asian Handicap bet, players only need to place bets on three possibilities: the home team, the away team, and a draw. If you choose three teams A, B, and C for three different matches and they all win, the bonus is calculated as follows:
Team A wins with odds x.
Team B wins with odds y.
Team C wins with odds z.
The bonus that the player will receive at this point is (x * y * z) multiplied by the amount of the bet. If one team among the three loses, the player will lose the initially placed bet amount.
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Calculating Parlay Bets for Asian Handicap and Over/Under
In Asian Handicap and Over/Under bets, the bonus calculation is similar to the Asian Handicap bet. However, these two types of bets have situations where winning half is possible. In such cases, the calculation method varies slightly. In these instances, the player's bonus is multiplied by the normal coefficient, and if a team wins half, it's multiplied by ½ before the calculation.
Experience in Placing Football Parlay Bets
To win with parlay bets, players need to gather experience. It takes time to participate and develop these abilities. Nonetheless, you can pocket the following experiences to get familiar with this type of betting:
Start with small value bets
Many new players, when they realize that parlay bets offer high rewards, tend to place significantly large bets. However, this is an unsafe move. When starting, thoroughly research the teams. Then, place small bets to gradually acquaint yourself with this type of betting. Once experienced, gradually increase your betting amount to earn larger bonuses.
Choose matches wisely
When placing bets, players should select matches with clear differences. The more matches with significant differences there are, the higher the chances of winning big with parlay bets. If you notice two teams evenly matched, it's not wise to choose them for your bet.
Avoid participating in too many bets
With parlay bets, focus on selecting only one type of bet to avoid dispersing your focus. If you're a new player, you can choose the Asian Handicap bet. It's the simplest bet with ideal bonus odds. Choosing the Asian Handicap bet from the start can make it difficult for players to predict accurately, limiting their chances of winning numerous times.
Select a reasonable parlay bet
Avoid choosing excessively large parlay bets if you lack experience from soccer tips website .Even seasoned bettors find it challenging to win with parlay bets of 4 or 5 legs. Therefore, to safeguard your initial capital and increase your chances of winning, only place bets with 2 or 3 legs. These are parlay bets that ensure both capital safety and higher chances of winning for the player.
Withdraw betting winnings at the right time
Some players tend to have the mindset of recovering their capital or earning additional bonuses after winning. In reality, this mindset may lead to more losses. Present-day players, when seeking additional gains from parlay bets, should withdraw their bonus money to their accounts when they wish. Thus, even if you lose and deplete your capital, your initial bonus money remains in your bank account.
Parlay bets have helped many players win significant rewards. If you're passionate about football betting, don't overlook this enticing category offered by betting houses. With the valuable insights shared here, we hope to help players enhance their winning abilities. What are you waiting for? Register and join today!