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What is a parlay bet in football?

Find out about what is a parlay bet in football?

What is a parlay bet in football? As a bettor passionate about the king sport, you will be no stranger to oblique bets. However, for new players, it is a bit difficult to know and understand the Skewered Bet and how to gamble this type of bet. Understanding that so this article, premiumsoccertips.net will give you an understanding of what is a skew bet? The same easy to understand football skewer betting helps you place bets effectively.

What is a parlay in football betting
What is a parlay in football betting

What is a parlay bet in football?

A parlay bet is a combination of two or more individual bets in football and depends on the outcome of those bets. The advantage of this type of bet is that if you win, the winnings will be higher compared to placing single bets because the likelihood of winning a parlay bet is much lower.

Parlay betting (also known as accumulator bets in football) or commonly referred to as “combined betting” by bookmakers, is essentially a series of individual bets grouped together into one betting slip, consisting of at least two bet combinations.

Instead of placing individual bets on each match as in typical football betting forms such as handicap betting, correct score betting, or corner kick betting, players combine multiple selections into one betting ticket. A player only wins the bet when all predictions are correct. Moreover, the appeal of this type of betting is that you can invest a small amount of capital and potentially yield high profits.

Pros and cons of skewered bets

  • Advantages: When participating in the game, players only need to spend a good amount of bets but will recoup huge winnings if chosen correctly. Winnings can be double, triple depending on the number of single bets in the player’s handicaps.
  • Disadvantages: Because of the strength of high bets, in return, accumulator bets will have a higher risk than other types of daily single bets. Accordingly, if a player loses 1 bet, he will lose the bet.

What are the accumulator betting rules like in football?

As mentioned above, when participating in this type of bet, you can place many different bets at the same time. The rules of the game are very simple, everyone must bet 2 or more matches. Then choose the corresponding odds ratio for your choices. The odds will be displayed publicly by the dealer for players to check and contrast.

After you have made the handicap selection, you just need to proceed to enter the amount you want to bet on the machine. At this point, the system will calculate in the most detail the percentage of bonuses that players will receive if they win. Or you can enter the amount you want to receive if you win. The dealer will automatically calculate and display the odds for you.

How to play what is a parlay bet in football
How to play what is a parlay bet in football

A guide to how to bet on football skewers online

When participating in online football betting, it’s essential to understand how to play parlay bets. Below is a detailed guide on how to place parlay bets in football:

Step 1: Access the football betting interface on a reputable bookmaker’s website

Log in to your personal account on a reputable bookmaker’s website. If you don’t have an account yet, proceed to register and deposit funds into your registered account before participating.

Select the sports category displayed on the screen, then choose “Parlay Betting”. Once you see the ongoing matches available on the bookmaker’s website, proceed to select the betting options you wish to participate in.

Step 2: Choose the bet you want to place in football parlays

Usually, you will have three options to choose from: handicap betting, 1×2 betting, and over/under betting.

Afterward, click on the type of bet you want to place, and the system will generate a betting slip for you. Then, enter the amount of money you want to wager. Players need to select 1 to 3 betting options to form a parlay bet.

Step 3: Complete the parlay football betting process

Once you have completed the above steps, click on “Place Bet” to finalize the bet. If the majority of the placed bets win, you will be the winner. The system will automatically credit the winnings into the player’s account.

How to calculate oblique bets in football

Calculate oblique bets on Asian handicaps and underdogs

Odd oblique = Odd win coefficient x [(odds 1/2 – 1)/2] x 1/2 (if the odds are half lost) x 1 (if the odds are tied) x … Odds coefficient n.

In which the winning coefficient is the profit that you eat exponentially.

  • If a handicap is unstable in a 1/2 skewer, it will be calculated using the formula: [(Odds -1)/ 2] + 1.
    If any bet loses 1/2, we divide the oblique coefficient by 2.
    In a draw, we take a profit x 1.

How to calculate football odds with European odds

For European handicaps, calculating oblique bets will be a lot easier. We just have to apply according to the following formula:

Odd oblique = Odd multiplier 1 x odds 2 x odds 3 x … x odds coefficient

Some skew betting experience for newbies

1. Mastering the rules and regulations when betting on parlays

In reality, everyone must understand the rules and regulations, not only when betting on parlays but in any game. This is because bookmakers have various regulations for this form of sports betting.

Experience what is a parlay bet in football
Experience what is a parlay bet in football

Understanding these terms certainly helps players feel more confident when participating in the game. From there, you can focus on your analysis and research to secure victories.

2. Enhancing and acquiring additional knowledge

While this is just a betting game, to win, people need to continuously learn and acquire knowledge. Learn extensively about betting and check the odds to find opportunities for yourself. It’s best to join a large betting forum to learn from those who have participated before. The articles there are of high quality regarding how you place bets and make accurate decisions.

3. Betting on single matches increases your chances of winning

When you have chosen a parlay, you need to know it’s not easy, especially if it’s a prerequisite that all bets must be won. If you’re confident about which team will win in the game, as shared by experts, focus on that game. Your risk is too high if you get too greedy with too many matches.

4. Timing your parlays correctly

Running parlays means betting against what you’ve placed in the game. If you notice that your bet money might not be fully utilized, or if it hasn’t been fully spent, you should use this method. Then, if you time your parlays correctly, your winning chances will be higher. However, running parlays isn’t always effective. If you need to run parlays:

  • Your account balance isn’t much, but you’re still quite “far from the shore.”
  • The parlay odds are low.

5. Tracking performance and gameplay

To effectively bet on parlays, people need to diligently track and study matches and tournaments. Learn about the bets you’re placing through public information. Learn about relevant content, especially for major matches: Players from both teams, lineups, injury situations, weather, team tactics, etc.

6. Placing parlays on matches with high winning odds

As mentioned above, parlays are very challenging to play, and the odds of winning are also very different. Because when a game is played, it’s very difficult to understand the situation. That’s why we rarely have accurate scores and are very prone to losing. Therefore, you shouldn’t hold too many parlays out of greed; the difficulty will be proportional to the amount of money people choose. Before placing your bet, check the results and high winning odds.

Conclude

Above is the sharing to help readers better understand what is a parlay bet in football and how to play football accumulator betting effectively. To be able to choose the right bet, you should choose a reputable and professional bookmaker. Hope our sharing will help you have an interesting moment of fun. I wish you every success!

See also: Check out the top 5 ice hockey betting sites you should join