Handicapping Myths 1.2 – Parlays Are For Suckers.

Written on September 9th, 2013 by Jesse Schule in
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Handicapping Myths 1.2 – Parlays Are For Suckers.

The business of betting on sports is a tricky one, just when you think you have it all figured out, you realize that you have so much more to learn. As a professional gambler by trade, I have been involved in serious sports betting since I was a kid. At the age of 37, I’m still learning, constantly looking for a new angle, or a trend that had yet to be exploited. I believe this is absolutely necessary to be successful, because the industry is constantly changing, and what works today, may not work tomorrow. If you stop learning, you will eventually fall behind, becoming obsolete, just like anything else in this life.

One of the most common mistakes that gamblers make, is setting out rules and guidelines that only limit their ability to turn a profit. I’m a firm believer that rules are meant to be broken, and following strict guidelines will only prevent you from taking advantage of every available opportunity. In this series of articles, I will discuss some of the most common “myths” that are associated with sports handicapping.

Myth #2: Parlays Are A Sucker Bet.

Unlike my last article, this particular myth isn’t completely false. For the most part, playing parlays isn’t a good idea. There are exceptions to every rule though, and I believe in certain situations a parlay could present better value than a straight bet.

I don’t play a lot of parlays, but when I do, it’s normally on the side and total of the same game as apposed to going for two outcomes in different games. The logic being that in certain cases, one outcome could directly influence the other, giving the player an added advantage on the house.

For example, if you have a team with a prolific offense taking on a team with a stellar defense, it would make sense that a low scoring game would favor the defensive team. It doesn’t always work out that way, but by focusing on these type of situations, you can improve your odds.

In the early days of online gambling, back in the mid 1990s, many sportsbooks didn’t allow you to parlay the side and total of the same game, because it was believed that this gave players too much of an advantage. I believe that these days almost all the larger casinos and sportsbooks accept such wagers.

The bottom line is, playing parlays isn’t something you should do every day, but don’t let anybody tell you that “only suckers play parlays”. Successful gamblers will bet on any game, any event, any situation when they have odds in their favor.

If you have any questions, comments or anything to add to the subject, feel free to give me a shout on Facebook.

Good Luck,

Jesse Schule

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The Iceman's 9-1 start to the MLB season in 2022 was overshadowed by his PERFECT 10-0 start to the NFL season, and his 22-3 (88%) start with college football. Keep in mind .. HISTORY REPEATS ITSELF!

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Match Up	Pick	Rating	Score	Result	Profit	Analysis
Wings vs Sky	Wings +3½ -110	Premium	88-94	Loss	-110	Show
This is a 4* play on Dallas. The Wings are still undefeated, and last year they were the only team in the WNBA with a better record on the road than at home. They look good on the road here against a Chicago Sky team that lost three of it's top four scorers from last year. The Sky lost their only home game to a below average Washington Mystics squad, and both their wins have come against inferior opponents in close games. I'll take the points. GL, Jesse Schule
AFC Bournemouth vs Everton	Everton -180	Premium	0-1	Win	100	Show
This is a 4* play on Everton. The math is simple for the Toffees, win and you're in. They appeared to be destined for relegation, but after earning points in three of their last four matches they are in the driver's seat here at home on "Survival Sunday". They draw a favorable matchup against a Bournemouth team that has nothing to play for, and has one of the worst goal differentials in away matches in the Premier League. In fact only Southampton ranks worse. GL, Jesse Schule
West Ham United vs Leicester	Leicester -107	Free	1-2	Win	100	Show
This a Free play on Leicester. Leicester needs a win here to avoid relegation, and they also need help. They face a West Ham club that should be resting players here ahead of a much bigger match that will decide if they play in Europe next season. The Hammers play Fiorentina in the Europa Conference League final on June 7, and a win will get them into the Europa League next year. That makes this match all the more meaningless for West Ham, and they are just 3-3-12 in away matches in the Premier League this season. GL, Jesse Schule
Nationals vs Royals	Nationals -104	Premium	2-3	Loss	-104	Show
This is a 4* play on WAS. The Nats have won five of their last seven, and they have a favorable matchup in Game 3 in Kansas City. MacKenzie Gore will toe the slab for Washington, and he's 2-1 with a 3.67 ERA in five starts on the road. The Royals hand the ball to Daniel Lynch, who got rocked in his last rehab start at Triple A Omaha. He allowed five runs on nine hits in 3 2/3 innings, but some chalked it up as a success because he also struck out eight. The Royals are 7-21 in their last 28 home games, and they have lost six of their last seven versus left-handers. GL, Jesse Schule
Reds vs Cubs	Cubs -150	Premium	8-5	Loss	-150	Show
This is a 4* play on CHC. The Bad News Bears have lost 10 of their last 13 overall, but if there is a silver lining they are playing at home against a Cincinnati team that has been just as bad. Graham Ashcraft will toe the rubber for the Reds, and he's been just crushed in his last two starts. He allowed 14 runs on 20 hits over 10 innings in losses to the Rockies and Cardinals. The Cubs hand the ball to Drew Smyly, who is 2-0 with a 2.42 ERA in five home starts. The Reds are 9-24 in their last 33 road games versus a left-handed starter. GL, Jesse Schule
Rangers vs Orioles	Orioles -142	Premium	2-3	Win	100	Show
This is a 4* play on BAL. The Rangers won the first two games of this series in Baltimore, but they have a tough pitching matchup here in Game 3. Cody Bradford will toe the rubber for the Rangers, and he's been torched for six runs on seven hits in five innings in a home loss to Atlanta in his debut. The Orioles hand the ball to Kyle Bradish, who is 1-0 with a 3.62 ERA in his last five starts. The Orioles are 11-4 in their last 15 games versus a left-handed starter, and they are 16-6 in their last 22 games following a loss. GL, Jesse Schule

Handicapping Myths 1.2 – Parlays Are For Suckers.

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