Of course, the downside is that picking the favorite results in much lower payouts.

If the team I pick wins the game, I win the bet. No point spread, no multiple picks per card. A money-line bet is a single bet for which team wins. I started experimenting with direct money-line bets. So this year, after hearing sport talk radio hosts continue to refer to parlays as 'sucker bets', I decided to double-down on last year's success. Even though I ended up spending a lot more money each week ($50+), my winnings shot up from about 80% to almost 90%! Despite spending more money, I ended up losing far less overall because I would win back all my money almost every week by winning one or two of those 2 or 3-pick tickets. So in response to the higher cost, I started buying more tickets, but would only put 2 or 3 'safe' picks on a single ticket. However, the minimum number of picks on a ticket decreased to 2 instead of 4. Unfortunately, these bets cost $5 minimum instead of $2, so my risk more than doubled. Instead, I had to start making regular bets off the board, at the counter. Well last year, because of the disruption of COVID, my local sportsbook wasn't offering the usual $2 parlay cards. Since starting to track my winnings a few years ago, I've been hitting just above 50% on my individual picks, and winning back about 80% of my money. I do it for fun and to have some extra investment in the games that I watch. I've never won any big parlays, and have been a little bit in the red every year (usually $50-$100 down by the end of the season). Not a lot of money pretty casual gambling. My local sportsbook (I live in Vegas, so there is a legal sportsbook in every suburb) has $2 parlay cards with a minimum of 3 or 4 picks per card, so I would often do between 5 and 6 of them for a total of $10 or $20 in bets per week. I do parlay bets for college and NFL football every year. With promises of large payouts, but a single wrong pick Parlays are a 'sucker's bet' because they lure gamblers

Parlay cards online