Handicapping Myths 1.2 – Parlays Are For Suckers.

September 9th, 2013

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

Check out the Iceman's Premium Picks

Jesse Schule

Prior to the 2017 NBA Finals, Jesse released 6 series pro bets. He cashed ALL 6, going a PERFECT 6-0 with NBA FINALS FUTURES! He followed up in 2018 by going 5-2 with Finals futures, and was PERFECT in 2019 & 2020!

Premium Packages

Schule's MEGABUCKS 3-PAK (NBA,NHL,MLB)

ARE YOU READY FOR A PLAYOFF PAYOFF?

Jesse has a history of winning big in the post-season with ALL SPORTS! He started the NBA Playoffs with a 9-1 (90%) run. He was a PERFECT 8-0 (100%) in the first round of the NCAA Tournament. He also started the MLB season with a 9-1 (90%) run. A hot start in the NHL playoffs is not only expected, IT'S INEVITABLE!

Schule's MEGABUCKS 3-PAK (NBA,NHL,MLB)

Match Up	Pick	Rating	Score	Result	Profit	Analysis
Panthers vs Lightning	Lightning -120	Premium	0-2	Win	100	Show
This is an 8* play on Tampa. The Florida Panthers finished with the best record in the NHL in the regular season, and here in the playoffs that and $5 might get you a can of coke. Wins in the regular season don't always translate into playoff success, and the Lightning are defending champions two years running. They have superior goaltending, playoff experience and great coaching. Now they have a chance to close out this series on home ice, and Florida is 1-6 in their last seven playoff games as an underdog. The Panthers are 8-22 in the last 30 meetings in Tampa Bay. GL, Jesse Schule
Rockies vs Pirates	Rockies +1½ -180	Premium	1-2	Win	100	Show
This is a 5* play on Colorado. The Rockies have been brutal on the road, but they do have a better overall record than the Pirates, and they have a favorable pitching matchup in Game 1 in Pittsburgh. Chad Kuhl will toe the rubber for the Rockies, and he's been great as long as he isn't facing the Giants. He got rocked for 11 runs on 15 hits in 7 2/3 innings in back to back losses to San Francisco. Prior to that he had gone 3-0 with a 1.90 ERA in four starts in April. The Pirates hand the ball to J.T. Brubaker, who is still in search of his first win of the season. Brubaker (0-4, 5.50 ERA) allowed six runs on six hits and three walks in 5 2/3 innings in a 7-0 loss to the Cubs his last time out. The Rockies are 4-0 in the last four head to head meetings. GL, Jesse Schule

Handicapping Myths 1.2 – Parlays Are For Suckers.

Check out the Iceman's Premium Picks

Jesse Schule

Premium Packages

PREMIUM PICK STREAKS

Short-Term Subscription Options

Long-Term Subscription Options

YESTERDAY'S PLAYS

SERVICE BIO

Top Cappers L7 Days

FireFan

Recent Articles