Parlay Your Parlay By Sebastien Veilleux At Isnare.com Ezine Articles

Many sports bettors play parlay cards. And many play higher parlays than they should. Why? It's mainly a lotto type thing. Many people just can't get excited about winning $60 for a $10 bet. Therefore, rather than betting the three-team parlay card, they add more teams and try to hit a home run by loading up on teams. There's no rule saying you can't pick a lot of winners, but doing so on the same day can be rough. Why not split up your card and make more money?

Yes, you heard me right. Bet fewer selections and space your wager out over multiple playing week—in football for example—to make more money. Here's the thing. Every weekend during the football season there's a ton of action. How hard is it to find 4 winners? How about 8? Yes, finding 8 isn't too hard given the number of games, but the probability of you getting 1-2 wrong is high. Finding just 4 solid plays is far easier. Perhaps the 11-1 payout on most parlay cards isn't enough for you?

If you want to turn a few bucks into a cash stash, try parlaying your parlay. Here's how it works. I'll use college football as my example. Rather than trying to pick 8 winners on one day or betting more on a lower parlay, try this method. Find yourself four solid games and parlay them for $10. When you win, you will be paid $110 plus your $10 back. Take your $10 and put it back in your pocket. Next, start looking towards next week.

When next week comes, find four solid winners again. This time play the $110 in winnings on a four-team parlay card. If you win, that's $1,320 in your pocket—total profit. Your $10 initial pet just netted you 132-1 profit. Think about how often you hit your small parlays—if you bet them that is. Want to play it safer? Double parlay a three team card. A $10 wager will end up netting you $420 in profit, which is 42-1!

In betting, there's more than one way to skin a cat. You could even go down two double parlaying two-team cards. I would not try this tactic with anything over a four team card, because 1) your chances of winning are drastically reduced and 2) smaller players might have trouble laying all that cash on the table for the second leg of the parlay. Another tactic is to take 50% of the money on the first win and pocket it. Either way, parlaying a parlay win is one way to boom profits.

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