I almost never bet a parlay, and after reading an article in WSJ today about the rise of parlays on gambling sites, I will definitely avoid them. The takeaway is what a losing prop they are for bettors. Average profit on "normal" bets is somewhere between 6-7% or so (higher than I would have thought), but gambling sites make about 20% on parlays, making them a classic sucker bet. By way of comparison, think the take at a race track is 12-13%, which is pretty much impossible to overcome in the long run. Naturally, the gambling sites heavily promote parlays, because they are making a killing on them.
Parlay vous?
Parlay vous?
