1. Start with Small Parlays
Although larger parlays offer bigger payouts, the risk increases with each added leg. To maximize your chances of winning, start with smaller parlays of 2-3 legs. This keeps your overall risk lower while still offering decent returns.
Bet Better’s tools allow you to analyze which bets are most likely to succeed, giving you a data-driven edge for selecting the right bets to include in your parlay.
2. Mix and Match Bet Types
To increase your odds of success, consider combining different bet types (e.g., moneyline, spreads, totals) in a single parlay. This strategy can help you diversify your risk while still aiming for a larger payout.
Use Bet Better’s analytics to find the best opportunities across different bet types and ensure your parlay includes value bets.
3. Avoid Long-Shot Parlays
It's tempting to include long-shot bets in your parlay for the chance of a huge payout. However, these bets dramatically reduce your chance of success. Stick to value bets that offer better odds of winning, even if the payout isn't as large.
4. Keep Up with the Latest Data
Successful parlay betting depends on up-to-the-minute information. Bet Better provides real-time data on injuries, team form, and market movements, helping you make more informed decisions when selecting bets for your parlay.
5. Manage Your Bankroll Wisely
Parlay betting can be risky, so it's important to manage your bankroll effectively. Only wager a small percentage of your total bankroll on parlays, and never chase losses. Bet Better's bankroll management tools can help you stay disciplined and keep your betting strategy sustainable over the long term.