What is a parlay bet? Simple and effective playing experience for beginners

Among the forms of football betting, parlay bets have emerged and are chosen by many people thanks to their simple gameplay, attractive odds and high profitability. This form is suitable for both new players and experienced bettors, and also offers the opportunity to get rich with an extremely small initial investment capital. Let’s learn more about parlay bets and the interesting things they bring with TTSLOT!

Brief introduction to parlay bets

Parlay bets, also known as Mix Parlay, are a type of combined bet that allows you to choose many odds in a single bet. With this type of bet, you can freely combine other types of bets together such as Asian odds, European odds, Over/Under odds, or 1/2 odds, helping to increase your chances of winning and the payout rate will also be higher.

The payout rate in parlay bets will be calculated by the bookmaker based on the combination of many bets and the number of times you bet. Currently, this type of betting has also been applied by big bookmakers such as TTSLOT and provides more rich choices for those who are passionate about football betting. This also helps to improve your betting experience at the bookmaker and opens up opportunities to get rich for those who participate.

If you have a sufficient investment, you can completely participate in betting and this bet without encountering any obstacles. One of the main advantages of this type of bet is that you do not need to invest too much money but still have the opportunity to earn a very high profit. However, there must be advantages and disadvantages, the big disadvantage is that if one choice in your parlay bet loses, it means you will lose all the money you bet.

How to play parlay bets effectively for newbies

If you have just entered the betting path and intend to participate in this type of bet, then you should read the following instructions from the bookmaker to be able to bet a hundred times and win a hundred times!

Instructions for calculating Asian handicap and Over/Under bets

For this bet, most bookmakers currently calculate by combining the odds coefficients together, helping you to calculate your profits most accurately. The important factors in the calculation formula are as follows:

• Odds of each choice: Each choice of yours in the parlay bet has its own odds. The final parlay odds will be calculated by multiplying the odds of all these choices together.
• Half-win bet: When a choice wins half, the odds of that choice will be adjusted according to the formula [(Odds – 1) / 2] + 1 before calculating the overall parlay odds.
• Half-lose bet: If you have a half-lost choice, the overall parlay odds will be divided in half.
• Draw: In case of a draw, the odds of that choice are calculated as 1.

Calculating parlay bets according to European odds is simple

When you participate in parlay bets with European odds, the way to calculate the odds is much simpler. In this case, you just need to multiply the odds of the matches you choose together to get the result, an easy-to-understand example is as follows:

• You decide to choose 3 matches with European odds with odds of 1.80, 2.00 and 2.50 respectively.
• The parlay odds will be: 1.80 x 2.00 x 2.50 = 9.00.
• And if you bet 100 PESO and win, you will receive 900 PESO (100 x 9.00).

With this formula, you can easily calculate the odds yourself and predict the potential profits when participating in European cross-betting.

See more: What is Doping?

Where to play cross-betting to win big?

TTSLOT is a leading bookmaker in the field of football betting, trusted by many professional players thanks to its excellent payout ratio. Operating in the betting market for many years with the motto “Customers are the top priority”, the bookmaker has built a strong reputation in the betting community. In addition, the bookmaker is also licensed by PAGCOR and cooperates with major sports partners such as Saba, IM, … to bring you a safe and reliable betting environment.

In addition to its reputation, TTSLOT also stands out with its fast payment system, supporting a variety of methods and high payout rates, and also regularly has attractive promotions held every week. In particular, the extremely attractive return rate from the bookmaker also helps you get the most optimal profit possible. If you have just joined the betting world and are looking for a “true love” bookmaker, TTSLOT is the perfect choice to start and enjoy the most attractive incentives.

 

Conclusion

So with the above article, TTSLOT has shared with you all the basic information about football parlay betting, helping you participate in this type of betting more smoothly and interestingly. Hopefully, through the above information, new players have also mastered the necessary knowledge and equipped themselves with strategies to play more confidently. Wish you all the best of luck on your path to wealth!