Introduction
Correlated parlays are essentially the holy grail of sports betting—they may offer a positive expectation in some cases. So much so that if you placed these bets time and again, over-time you would be certain of making a profit. A guaranteed cash machine, so to speak. That said, just about everything that appears too good to be true is (hence they are parlays) so hunting these down and playing them can prove challenging. Now, we can take that a little further but first what exactly are we talking about? Try to play slot88 games to earn money.
In other words, how one event is associated with another very much so taking place as well. The most mundane example would be with football. Take a game with a total of 45; if the favorite is -30, then you would think that there’s some reason for believing in life after they cross the spread line, and hence higher than average likelihood to cover on totals. If it is a real hypothesis those two events would end up being related.
Ok, but how does this relate to long-lasting profit? That’s some basic arithmetic. When you make a two-event parlay, there are four different combinations – winning both games, losing both games — and whatever Elway did against the odds to give up that late lead in Super Bowl 32. Pros: If all is ideal with the point spreads, you should approach a 50/50 proposition in each game. You can try out OLYMPUS88 gacor for earning money.
Process
That means the probability of each one of those four possible outcomes is essentially 25 percent. That means that in order for you to break even betting any one of those combinations over the long term, you would require odds of 3/1 – and more favorable than that to make a profit. Since two team parlays usually pay only 2.6/1 a parlay is not worth the risk in terms of its negative expectation (you are losing money even in winning one) In case the two events are correlated, however then these percentages change.
Now imagine back to our first example where we were 50/50 for both sides of the original-30 point spread. However, if the favorite covers, then it is much more likely to go over than under because for the favorite to cover by 31+ points enough scores need to occur that will allow an easy win on offense which also enable a high number of total points. After that lust, if the favorite cover, then there is 80 percent chance ATOM goes over and only a twenty percent atom it goes under. So, in all, the favorite covering and going Over only occurs 40 percent of the time.
Guide
This round of betting you split right down the middle, so 40 percent of your parlays on favorite/over at this point are making money. If you place a $100 parlay bet 10 times, then on average you would win four of those bets and make an overall profit on your winning bets alone. The collective 6 losses would run you $600. Your total profit would therefore be $440
It sounds good in theory but the fact is that sports books really do not like to lose money, so they do everything they can to entry barriers of access as well. There are even books that will not let you parlay two events in a game of the same leg.
Conclusion
If you are using the strategy or method that is best and following all rules, then definitely will be able to earn money with betting. Of course you should also research on your own for better results. It could get difficult if you are not able to have your own kind of study. So, follow the rules regularly to have a good outcome.
