15 Oct NBA Parlay Betting – Picks.org
Parlay gambling in the NBA (like in other sport ) means combining several game selections into a single wager. The upsides are many, including the lack of juice, the high potential for bet-hedging, and possibly big payouts on relatively low-risk stakes. The main downside is that thriving parlay bettors have to select more than 1 match successfully, in a market where picking just 1 contest the ideal way can occasionally seem impossible.
The allure of parlays is not difficult to view — bettors who like to take a tiny risk in order to get a potentially major reward are anywhere. Parlays are a type of exotic wager that’s not too exotic, even more thrilling than the usual moneyline or over/under bet, but not so thrilling that bettors are reaching to get a dose of anxiety medication.
Parlays have chances based on the size of the pool of games picked and the tastes of the bookmaker that a bettor buys the parlay from. Broadly speaking, parlay payouts in the NBA seem something like this.
The number near the size of the parlay signifies the payout, to ensure that a successful 3-team parlay pays $6 for each $1 wagered, etc..
Yes, the larger payout is because of increased risk, something that’s necessarily the case in sports betting (or casino betting for that matter). But the biggest payouts on parlays (as much as 1,800/1 to get a thriving 12-team parlay bet) carry the biggest risk, and an easy 2- or 3-team parlay wager can be several times more valuable than person bets on these two or three matches.
Using our above example, a bettor could parlay the Cavs and Spurs picks into a single wager for a potential 6/1 payout. If either of those selections fails, the whole wager fails — there’s your increased risk.
Parlays can get a bit more complicated when placed on multiple odds lines — bettors are able to place parlays on the moneyline, over/under, and point spread, all in the exact same bet. Parlays are endlessly interchangeable, which is another big part of their appeal, and the reason they can be approached somewhat strategically