Parley wagers cover several selections in one bet. If all the chosen selections are correct, the bet is a win. Parlays are difficult to win in comparison to single choice bets, but its odds are high. So, the winner gets a huge payout.

The disadvantage of parlay in comparison to single betting can be understood with this example. When three teams are playing, a bettor wagering parlays will get nothing if a single team fails to cover the spread. In singles, they make some profit even if one or two teams failed in covering the spread. However, if all three teams failed the bettor betting on singles will totally lose.

Betufa is a gambling platform that adores parlays as they are challenging to win. Getting one selection to win is hard and when there is more than one it becomes harder. Nevertheless, bettors find parlays appealing because they get a chance to win significantly.

When to bet parlays in football?

Parlays must be used rarely and in the right situations. What are the right situations? A golden rule is – ‘When the parley offers better positive expected value than singles betting, then the situation is right’. Identify value in 2/3 selections and combine them in one wager to raise potential payout. Thus the exponential value gets multiplied.

You need to make an informed decision while deciding where the betting value lays – a parlay or single wager.

How to effectively bet on them or what are the parley strategies to employ?

Parlaying on big and popular Moneyline

The aim is to look for teams you think are certain to win. Even if the team’s winning probabilities are 80% can be preferred. Find 2 to 3 such teams and place a Moneyline parlay wager on them.

Parlaying off-market totals or spreads

An out-of-line point spread than other bookers indicates value. Move quickly and enhance the off-line betting strategy by blending with a parlay. It will escalate the overall value, but ensure to include selections you are confident to win.