The Pros and Cons of Making Parlay Bets – Understanding the Risks and Rewards

Sports picks are based on statistical models, sports analysis, or the opinion of a person. These are designed to help casual bettors decide who to bet on and make a profit as they have limited knowledge about sports or gambling, do not have the time and capacity to research, and want to bet big and make a lot of money. The convenience of buying picks and parlays is appealing to those who want to place a bet each week but can’t research the sport themselves. Parlay is one wager on two or more bets that are tied together in order to make a larger amount of payout. The more bets are added to parlays, the greater the risk, and the bigger will your payout be. All bets in the parlay must win, because if a single bet loses, the entire parlay bet loses as well.

Your betting bankroll is another big consideration, if you only bet a couple of bucks each week, it would not be wise to subscribe to professional picks and parlays service as the cost will eat into any profits you would make. You need to allot a decent-sized bankroll for the subscription service for picks and parlays to become worthwhile. If you are interested to invest a lot of money in betting and getting regular profits in addition to fun, then our picks and parlays services can be very useful to you.

Advantages of picks and parlays services

· You are helped by experts to make greater profits from your betting

· A fast and easy way into betting for beginners with a little sports knowledge

· You get the chance to be involved in sports betting even if you don’t have the time to read up on it

· You get to learn a lot about picks and parlays

Risks and rewards of parley bets

The risk and wins, both are higher in parlays than in single-bet games. Some bettors bid small parlays in anticipation of higher payouts from two or three bets that they are very confident about, while others chase massive wins with long-shot parlays, yet some others do parlay betting occasionally for fun. Parlay odds can be calculated by diving the total return amount by the wager amount to get a decimal multiplier. Remember that it is very difficult consistently, so resist the temptation of devoting a sizeable chunk of your bankroll to parlays.

Cutting edge picks and parley bets predictions

Our expert handicappers work to maximize your bankroll with cutting-edge predictions based on real-time team updates, and come up with a tailored bet amount to ensure the most accurate outcome in your favor. While most services have one person making the picks for every sport, Winible has specialized handicappers for each sport whose work and research never end to suggest you the best picks and parlays.

Winible has some of the best handicappers in the industry who have shown their ability to produce big money consistently. You can go to our handicapper’s individual pages to see their past results and achievements.