Nfl Extreme

Given the Difficulty of Cracking NFL Odds, Parlay Bets Should be Made Sparingly

While some of the most experienced sports bettors can from time to time consistently spot “smart bets” in the world of the NFL, the fact is that betting on NFL games is difficult, even for experienced sports bettors.  NFL odds are extremely difficult to consistently pick week in and week out, a fact to which the “experts” who come out behind week in and week out can attest.

If only an extremely small fraction (at most) of bettors can consistently beat NFL odds, then novice bettors are best advised to keep their betting simple and avoid parlay bets in most instances.

What is a Parlay Bet?

Parlay bets are when a bettor needs to successfully pick a series of bets in order to win the full payout.  For example, a bettor would need to pick the correct winner on five games.  If the bettor is on the losing end of just one of those five games he will lose the bet.

These bets obviously carry a very high risk and also a high reward.  Successful parlay bets can make up for an otherwise losing day (or perhaps even a losing month), but given their long odds they will result in success infrequently at best.

Why Playing the Odds and Parlay Betting Don't always Mix

That is why for the majority of bettors it is in their best interests to try out parlay bets no more often than for a small fraction of their bets.  For bettors who know they are not going to retire on their betting earnings, which is really almost every bettor, playing the odds is best done by betting on a variety of games.

Few outcomes can be more frustrating for bettors than to successfully pick four out of five games but have a payout of zero due to that one losing bet that ruined their parlay bet.

As hard as it can be to find a “solid” bet that one really feels good about, it can be even more difficult to find a few that will make up a parlay bet.  This is not to say that parlay bets are always to be avoided, as gunning for a jackpot every once in awhile can make for an exciting (and potentially very profitable) betting day.

However, bettors need to recognize that there is “safety in numbers” and that placing money on a variety of bets will led to less extreme losses.  Given how hard NFL odds can be to crack, parlay bets should be avoided in most circumstances.

About the Author

So, you want to try your hand at parlay betting but need to learn a bit more first? To find more information on that and much more, visit www.wagerwidgets.com, and start your winning streak today!

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