What Teams Should I Bet On Today

Recommended soccer bets for today. Top bankers for today - most sure games to bet. SoccerVista - football betting. Banker bets are usually with very low odds and every hundredth matters. Good luck!v Adults only. Don't let gambling become a problem in your life. How To Research For a Football Bet. Building a successful strategy for football betting can be a real challenge. Even if you do manage to achieve it, this doesn’t mean you will just place bets and collect your winnings. Constant effort is required and there are certain steps in the preparation for each bet.

1. What Teams Should I Bet On Today Tv
2. What Team Should I Bet On Today
3. What Teams Should I Bet On Today Espn

A parlay bet is a popular form of sports wagering most gamblers are familiar with. In case you’re not, this bet is rather easy to understand. A parlay is simply a combo bet where, rather than betting several teams individually, you group them into a single wager. Using this option, the payout is greater and the risk is less, but you need all teams selected to win.

To give an example, say you’re interested this week in betting Jets -4, Patriots +3, Dolphins +2.5 and Colts -7. If your bankroll is limited to just $100, using straight wagers you’d make four separate bets of $25 to win $22.73. If you we’re feeling both lucky and in the mood to gamble, you might instead bet them all together as a four team parlay. Under the parlay option, the stakes would be $100 to win at least $1,000. To win, you’ll need to go 4-0; if one or more games push while all others win, the payout is reduced, and with any other outcome, the bet is a loss.

What happens if there’s a push in a parlay? That bet will be taken out of the parlay and the payout will be reduced as if there were one fewer team in the parlay. So if you had a 4 team parlay and you got three picks cocrrect and the other was a push, you would be paid out the odds of a 3 team parlay.

Parlay bets can be very tempting as they can offer some big payouts. See a recent parlay Kevin made at 5Dimes.eu and cashed in on!

Are Parlays Sucker Bets?

There is a general misconception in sports betting that all parlays are sucker bets. This is simply because most sports bettors are not familiar with how they work, or how to bet them properly. In this article, I’ll address parlay betting strategies, but first let’s look at parlay odds and how they are calculated.

The parlay odds at most Las Vegas sportsbooks are:

2 teams 2.6 to 1
3 teams 6-1
4 teams 10-1
5 teams 20-1
6 teams 40-1
7 teams 80-1
8 teams 150-1

Online the odds are similar, though some sites such as BetNow and MyBookie offer better odds starting with three teams and up. What’s important to note is that these are fixed odds based on a 50/50 wagering proposition. If a spread is listed at Home Team -7 / Road Team +7 this is 50/50 proposition. If, instead, the spread was Home Team -7 -105 / Road Team +7 -115, this is no longer a 50/50 proposition, and the payout will be calculated using a method bookmakers refer to as “true odds”. I’ll cover that later in this article, but first let’s take a moment to understand where fixed parlay odds are derived from.

Let’s say you decide for the next eight weeks you’re going to bet the Monday night football game, starting with a $1.00 bankroll and betting your entire bankroll each week until you go 8-0 or bust. The potential win is as follows:

Week 1: $1.00 to win $0.91: If win total profit = $0.91 (Bankroll =$1.91)
Week 2: $1.91 to win $1.74: If win total profit = $2.65 (Bankroll =$3.65)
Week 3: $3.65 to win $3.32: If win total profit = $5.97 (Bankroll =$6.97)
Week 4: $6.97 to win $6.34: If win total profit = $12.31 (Bankroll =$13.31)
Week 5: $13.31 to win $12.10: If win total profit = $24.41 (Bankroll =$25.41)
Week 6: $25.41 to win $23.10: If win total profit = $46.51 (Bankroll =$47.51)
Week 7: $47.51 to win $43.19: If win total profit = $89.70 (Bankroll =$90.70)
Week 8: $90.70 to win $82.45: If win total profit = $172.15 (Bankroll =$173.15)

The reason parlays are often sucker bets shows up in this middle column. Had you bet these in an 8 team parlay, you’d only get paid 150 to one. Essentially, a parlay is no different than betting all in each time, only parlays generally pay much worse. However, you’ll notice the odds are not poor until you get to four teams, where the sportsbook has a whopping 31.25% advantage. Two teams pay a smidgen worse than the manual parlay (all in each time) option, where three team parlays pay a smidgen better. Rarely ever is a 2 or 3 team parlay a true suckers bet.

What Does a Parlay Pay?

As I mentioned earlier, fixed parlay odds vary greatly between online sportsbooks. Here is some info on which sites offer the best fixed parlay odds:

In general two team parlays pay +260, or $260 for every $100 bet. BetNow offers +264.5, and 5Dimes.eu offers +264, which is better than the +260 most betting sites offer.

3 team parlays pay 6/1 or $600 for every $100 bet. BetOnline.ag is the leader in the industry in 3 team parlay payouts.

This is the area where betting sites generally hurt the sports bettor, paying only 10 to 1, which gives them a 31.25% advantage. This can be avoided when betting at BetNow where the payout is +1228.3, or at 5Dimes where it is +1228.

Generally speaking, parlaying 5 teams or more teams is not a good idea; however, for sports gamblers looking for a lotto ticket, 5dimes.eu and Bookmaker.eu each offer up to 15 team parlays and have by far the best odds in the business on these.

How much does a 15 team parlay pay? A 15 team parlay will pay out over +16,000. I just tested this out and a $1 15 team NFL parlay at -110 odds will payout $16,306. Good luck hitting on that!

True Odds Parlays

1 Earlier, I mentioned fixed odds are only given when all selections are 50/50 propositions. If one side of a line requires a greater stake than the other to yield the same payout, this is not a 50/50 proposition, and the bookmaker will now use “true odds”. What’s important to note is that true odds doesn’t actually mean the “true odds” of winning. Rather, true odds pays the same as if you bet each team individually and rolled the profit forward each time, which is what I showed in the example of 8 all in bets starting with a $1.00 stake.

To calculate true odd parlays, each bet first needs to be converted into a multiplier. To do this, take what a winning ticket would return and divide it by the amount risked. For example, at -110 a $110 stake returns $210 ($110 stake + $100 win). Calculating the multiplier as return/risk here, we plug in 210/110, which means the multiplier is 1.91. If we did the same on -115, the multiplier is 215/115=1.87.

Let’s say you’re in the mood to gamble on an 8 team parlay, but the only out available to you is a bookmaker paying 150-1 fixed odds. A trick of the trade here is to include one bet that is priced differently than -110 in order to force the bookmaker to use true odds. So, let’s say you make 7 selections priced at the standard -110 pricing and one at -115. A true parlay calculates by multiplying each modifier together. The math is 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.91 * 1.87, which equals 173.41. This bet returns 173.41 times the stake, which includes the risk amount, so the bet is 1 to win 172.41. Notice this is significantly better than the fixed odds payout of 1 to win 150 on an 8 team parlay. In short, the trick of the trade when dealing with poor fixed odds is to simply add one team to the parlay that is priced differently than the standard -110.

As you can now see, if you know how to bet parlays properly, they are not always sucker bets. There are, however, a few reasons that parlays are generally not a good move. I’ll cover these, and then cover the times it does make sense.

Top Reasons to Avoid Parlays

1) Progressive betting systems are generally regarded as poor strategy for both bankroll management and bankroll growth. Professional bettors make wagers based on their quantified edge per game. While the math can work out, doing the math for proper bet sizing on a parlay is a lot of added work with little to no upside for most sports bettors.

2) Parlay bets have higher variance than straight bets. Here you’re getting the same odds, but your chance of hitting a dry spell is greatly increased. When the odds are the same it is most often better to go with the lower variance option, which in this case is straight wagers.

3) Line Shopping – Sports bettors maximize their profit by always shopping for the best price. For example, finding -4 when other sites are -4.5, and finding reduced vig options such as -104 instead of -110. When betting parlays, you’ll need to find the most favorable odds for each team at a single betting site. This scenario is rare, so generally you’ll end up with better odds by making straight wagers at multiple betting sites.

Parlays That Make the Most Sense:

Reduced Juice – BetOnline.ag offers 6.5 to one on three team parlays. This comes out better than betting sides at the -105 price standard reduced juice sports books offer. In sports such as NFL football where 50/50 wagering propositions are common, a sports bettor gets far superior odds by betting 3 team parlays at BetOnline.

Correlated Parlays – If a bookmaker was offering betting lines on both “will it be cloudy today?” and “will it rain today?”, if allowed, you’d be much better off betting either both as no, or both as yes, in a parlay bet as opposed to straight wagers. While this is a simplified example, there are plenty of times when outcomes are correlated in sports betting. For example, a handicapper might determine that if one team covers the spread, the game is more likely to go over or under the posted total. Also, during the final week of the NFL season, a certain team winning or losing the day game might result in a previously important night game now having no meaning in the playoff race.

Free Play Bonuses – Several online betting sites, for example BetNow, offer players free bets based on the size of their initial deposit. Free play bonuses are not the same as cash. The difference is that a bet made with cash returns both stake and win, where a bet made with a free play returns only win. Parlays allow you the chance to use the same free play more than once, because a parlay really is only a wager that continues to place stake+win on the next selection. Remember, fixed odd three team parlays pay a little better than true odds. So when using free plays to bet 3 team parlays, you’re getting slightly better odds, and also a chance to apply that free play stake to three different bets. This is common knowledge that 3 team parlays are a great use of free play bonuses.

Circumventing Betting Limits – I’ll warn you upfront that betting sites do not take kindly to this, and it might get you banned. The basic idea here is, say you find a parlay with monster value in a small market with low betting limits. Let’s say a woman’s field hockey line opens at +150 when it should be +100. Here making ten unique two-team parlays, using the +150 bet with a random -110 each time might be advantageous, as on average you’ll get down 5 times the max bet. At -110 juice the expected ROI is less, but to get the maximum amount down on line of significant value, it might make sense. While personally I rarely use this strategy online, I do attempt to get away with it in Las Vegas from time to time. This takes a little bit of acting, such as starting to walk away from the cage and then saying wait, also give me… Know this: It is a trick of the trade advantage players use that is not for novice bettors.

This concludes our article on parlay betting. As a final tip: if you enjoy using parlays as a lottery ticket, www.Bovada.lv runs a $10,000 weekly parlay jackpot during football season, which is an added bonus on top of what a $5 stake pays on a 10 team parlay win. To learn more, see the promo section at www.Bovada.lv. If nothing else, this article gives you some great conversation material next time someone in the sports bar says, parlays are for suckers. Hopefully, it ends up being much more than that, adding extra winnings to your bankroll. Either way, we wish you the best of luck.

Other Advanced Sports Betting Strategy Articles:
» Teaser Betting Strategy
» Prop Betting Strategy
» How To Get Max Value When Betting

See All Guides

What is the best sport to bet on? Depending on how you want to look at it, this can be a difficult question to answer. “Best” is an inherently subjective measure, or one that can’t easily be removed from the influence of opinion and contextual differences.

Here at SBD, we like to back our statements with hard facts and detailed data, and our approach to identifying the best sports to bet on is no different.

At the end of the day, people bet on sports to make money. This article reveals the best sports to bet on in terms of potential return on investment, which is the best metric to directly compare the profitability of the different major sports leagues.

Let’s take a detailed look at the data to compare the profitability of betting on the NFL, MLB, NBA, college football, and college basketball.

Use Data to Compare Sports and Teams

There’s no shortage of data available in terms of comparing different sports leagues, but it can be a massive challenge to cut through the noise and directly compare profitability.

SBD Sharp is a proprietary tool that tracks teams as investments over time, showing you how much you’d have won or lost betting on them throughout the course of the season.

Hands down, it’s the best place to find the teams that are most profitable to bet on. By comparing the most profitable teams in each league, we’re able to determine which sports offer bettors the most value.

Sharp allows users to evaluate teams for their profitability on the moneyline, against the spread, and when betting totals (over/under). It also allows you to see trends for each team when playing at home, on the road, when favored, or as an underdog. Try the tool yourself to see the data firsthand, and have some fun looking for surprising trends. You’ll find that the strongest teams on the field aren’t always the smartest ones to bet on!

Here’s how we used SBD Sharp to find the best sports to bet on…

Methodology

We found the best sports for moneyline, spread, and totals betting with some simple calculations using data from SBD Sharp. To find the sport that offered the most potential profit, we averaged the return on investment from the five most profitable teams in the NFL, MLB, NBA, NHL, and NCAA football and basketball. We call this number the “Optimal ROI Score” for the purposes of this article.

Return on investment (ROI) is the best metric for this analysis because it considers the influence of fluctuating odds and allows for an apples-to-apples historical comparison that applies to all bettors, regardless of the size of their bankroll. Evaluating ROI allows you to identify the teams and sports that will make your money go further: betting on sports that offer higher potential ROI means you can risk less of your bankroll on each wager and make more money with fewer bets.

So, what are the best sports to bet on if you want to make your money go further?

Best Sports to Bet On: Key Insights

• College football offers the most value to bettors across all bet types, closely followed by the NFL
• Baseball offers the lowest potential value across all bet types
• College basketball offers significantly higher potential ROI than NBA betting
• The NHL and NBA are remarkably similar in terms of potential ROI across all bet types

Best Sports to Bet on the Moneyline

Here are the most profitable sports when betting on the moneyline:

1. College Football (159.23% OPT. ROI SCORE)
2. NFL (78.7% OPT. ROI SCORE)
3. College Basketball (29.22% OPT. ROI SCORE)
4. NBA (13.92% OPT. ROI SCORE)
5. NHL (10.07% OPT. ROI SCORE)
6. MLB (7.34% OPT. ROI SCORE)

Best Sports to Bet Against the Spread

Here are the most profitable sports when betting against the spread:

1. College Football (97.83% OPT. ROI SCORE)
2. NFL (90.2% OPT. ROI SCORE)
3. College Basketball (36.91% OPT.ROI SCORE)
4. NHL (12.39% OPT. ROI SCORE)
5. NBA (10.33% OPT. ROI SCORE)
6. MLB (8.81% OPT. ROI SCORE)

Best Sports for Totals Betting (Over/Under)

Here are the most profitable sports when betting totals:

1. College Football (92.97% OPT. ROI SCORE)
2. NFL (46.2% OPT. ROI SCORE)
3. College Basketball (33.96% OPT. ROI SCORE)
4. NHL (13.97% OPT. ROI SCORE)
5. NBA (10.82% OPT. ROI SCORE)
6. MLB (10.09% OPT. ROI SCORE)

A Note of Caution…

Clearly, college football takes the cake when it comes to the highest potential ROI.

Volatile investments like football offer higher potential ROI, but you still need to pick winners to cash in. Football features significantly fewer games per season than the other sports, meaning there are fewer opportunities for error.

What Teams Should I Bet On Today Tv

It is important to note that since we’ve only considered the historical ROI of the five most profitable teams in each sport/league, the Optimal ROI Score assigned to each sport is not representative of the ROI for most teams in the league. This means that the lists above only apply if you’re identifying and betting on the most profitable teams in each (these are rarely the teams with the best win-loss record). Luckily, you know exactly where to find the best choices: SBD Sharp.

Value Comes with Risk

Please consider the reality that football offers bettors the most potential profit because it is also the riskiest sport to consistently bet on. Sure, baseball generally offers lower returns in the long run, but each team plays 162 games per season. Compared to the 10 – 13 games played by each college football team, this gives bettors a much more comfortable margin of error if they distribute their bankroll consistently throughout the season.

Here’s the bottom line: When it comes to betting on sports or making any other investment, the riskiest wagers will generally offer the biggest opportunities to make money. But they offer an even greater chance of losing money. That’s why it’s impossible to definitively determine which sports are the best to bet on.

What Team Should I Bet On Today

In the end, bettors should wager on the sports they are most interested in and know the most about. There is simply no substitute for dutiful research and a realistic assessment of your own knowledge. Used as intended, tools like SBD Sharp are a great place to find information that will help you make smarter picks.

What Teams Should I Bet On Today Espn