If you are the type of SPORTS BETTOR that ONLY bets +1000 Parlays, please read THIS...
The first thing you have to understand is that the implied probability of a +1000, is 9.1%. Yes, it really is that low.
Let's say you place 1 a day for 30 days...
If you want to break even? You have to hit 3 in those 30 days. Sounds easy? Well, few actually do it, let alone turn a profit off of it...
Why is this IMPORTANT?
I hear these types of bettors saying this often, "tonight was shit again". If all you have to do to make a profit is win 4 times a month, of course, those other 26 days will be "shit".
Why is this scary?
It shows that most sports bettors have little knowledge of the math and odds that they are betting on. Trust me, this information above is something a high school can understand.
So, I hope this thread helps you make realistic expectations for your betting strategies if all that you really want to bet is Parlays!
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