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THIS is the Most Profitable Parlay Betting Strategy!
Twitter: https://x.com/AlexMonahan100
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In this sports betting tutorial, I go through the math behind parlays. Parlay bets are attractive for A LOT of reasons... The main reason is that you can win big, turning a small amount of money into a LARGE sum of money.
I want to help YOU make money from sports betting. That's the purpose of this video. You can absolutely win betting on parlays long-term once you understand the math behind them, how parlay odds work, etc.
I explain that most people LOSE money sports betting. According to sports betting studies, 97% of gamblers will never make money long-term. We go through the basic math behind parlay bets.
Parlays are just combinations of bets. If you have a positive ROI on straight bets, then you should be able to get a positive ROI on parlays. However, most people LOSE money on straight bets, and their negative edge compounds. If you have a -5% ROI on straight bets, then you'll have roughly a -10% ROI on 2 leg parlays, -15% on 3 leg parlays, etc.
The goal of this sports betting tutorial is to help you make money. Sports betting can be a SUPER lucrative side hustle once you understand the right betting strategies that WORK and win long-term, like arbitrage & Positive EV betting.
The parlay betting strategy we discuss will work with any sportsbook, such as DraftKings & FanDuel. Parlay math is not rocket science. Any parlay with the same odds on each leg will have the same parlay odds. You can use a parlay calculator on OddsJam to determine this.
We go through breakeven win rate. I cover the most important sports betting calculators, such as a no vig fair odds calculator. I explain that betting @ -110 odds means you need to win 52.4% of your straight bets to breakeven. Winning 55% like a sharp bettor means you'll be profitable long-term. We go through the sports betting math & ROI charts.
I then explain the math behind parlays and parlay odds. Any parlay where both legs are -110 odds will come out to +264 odds. We break down the ROI of profitable vs unprofitable bettors on parlay bets. Next, I discuss 3 leg parlays. We discuss sports betting strategies that work, win and make money long-term. The goal of this tutorial is to explain sharp, profitable sports betting.
I explain how the OddsJam sports betting software finds the best parlay picks. We go through OddsJam. The software updates odds from 200+ sportsbooks, including DraftKings & FanDuel, in real-time to point out value. OddsJam also has real-time data from DFS Pick 'Em platforms like Betr Picks, PrizePicks, Dabble Fantasy and more.
I show that many new sportsbooks - such as Betr Picks & Dabble Fantasy - are parlay only books. I explain the sports betting strategies that WIN on fixed payout DFS platforms, like PrizePicks & Underdog Fantasy.
I explain Positive EV betting. This is the main sports betting strategy that i use nowadays. I give an example of a Positive EV parlay on Fliff sportsbook. I explain why Positive EV betting is one of the best strategies that WORKS and wins long-term.
#parlays #sportsbetting #fanduel #draftkings
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