24 7 Betting Tips
Phone 1800 858 858 for free support, 24/7
We’re here 24/7 online and on the phone.
Vitibet.com provides free betting tips for many sports and many leagues all around the world. You can find here free betting tips, predictions for football, baseball, basketball, handball and ice-hockey. Welcome to Best Betting Site for Soccer fixed matches. First of all welcome on our website Pro-Bet-24.com. Here for every one we offer you two options: You can get free daily matches predictions from us. You can buy fixed matches big odds to make money! Now you need to decide what you will choose About free daily matches predictions, of course. Sports Betting Tips – Betting Strategies that Work. You can know every stat there is and be able to name every player’s strengths and weaknesses, but if you don’t know the right betting strategies to put that knowledge to work, you’re not going to have much success when betting money on sports.
Free, confidential Gambler's Help services, including in other languages, are available 24/7.
Call 1800 858 858.
24 7 Betting Tips Free
For support during Coronavirus, visit here
Find support
Get back on track, support is close at hand, it's confidential and free
Help yourself
Use these tips, tools and programs to help you get control of your gambling
Support someone
24 7 Betting Tips 1x2
Information for those who are affected by someone else’s gambling
Check if your gambling is OK
Take this quiz to discover if you are experiencing harm
Need support?
Families and friends
If someone close to you is experiencing harm from gambling, we can help you.
Under 25s
Going through a tough time? Youthline is confidential and open 24/7 – call 1800 262 376.
Aboriginal Communities’ Gambling Awareness Program
Harm from gambling is common in both the wider community and the Aboriginal community.
Help in languages other than English
Talk to someone who speaks your language.
We know it can be hard but talking about it means you can start to feel better.
Here are some real life stories of people who opened up and talked about the harm they were experiencing and got the support they needed. Now they share their story with you.
Watch storiesReal stories
See full listing of stories* Based on 2017–18 data from the Gambler's Help client outcomes survey where 93% of responses indicated gambling affected their ability to be productive at work none of the time at a six month follow up survey.
A parlay, accumulator (or acca), combo bet or multi is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay is that there are much higher payoffs than placing each individual bet separately, since the difficulty of hitting all of them is much higher. If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or 'pushes', the parlay reverts to a lower number of teams with the odds reducing accordingly.
Odds and payout[edit]
Parlay bets are paid out at odds higher than the typical single game bet, but still below the 'true' odds. For instance, a common 2-team NFL parlay based entirely on the spread generally has a payout of 2.6:1.[citation needed] In reality however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1 (10% expected value for the house). A house may average 20-30% profit on spread parlays compared to perhaps 4.5% profit on individual sports mix parlay bets.
Aside from 'spread' parlays, another way to parlay is to bet on two or more teams simply winning straight up. In order to calculate the payout of this parlay, one must multiply out the payout for all games. For example, if 3 teams are -385 favorites, a successful parlay on all 3 teams winning would pay out at a ratio of approximately 1/1. This is because (385/485)^3 is approximately 50%.
Examples[edit]
Typical payouts for up to 10 team parlay bet[edit]
The following is an example of a traditional Las Vegas Parlay Card at William Hill Sports Book, which shows the typical payouts for an up to 10 team parlay bet based on -1.10 prices (amount won is assuming $100 is bet)[citation needed]:
Number | Odds | Amount won | Payout |
---|---|---|---|
2 Team Parlay | 2.6 to 1 | $260 | $360 |
3 Team Parlay | 6 to 1 | $600 | $700 |
4 Team Parlay | 11 to 1 | $1,100 | $1,200 |
5 Team Parlay | 22 to 1 | $2,200 | $2,300 |
6 Team Parlay | 45 to 1 | $4,500 | $4,600 |
7 Team Parlay | 90 to 1 | $9,000 | $9,100 |
8 Team Parlay | 180 to 1 | $18,000 | $18,100 |
9 Team Parlay | 360 to 1 | $36,000 | $36,100 |
10 Team Parlay | 720 to 1 | $72,000 | $72,100 |
Profitability of parlays in sports betting[edit]
Many gamblers have mixed feelings as to whether or not parlays are a wise play. The best way to analyze if they are profitable in the long term is by calculating the expected value. The formula for expected value is: E[X] = x1p1 + x2p2 + x3p3…xkpk . Since the probability of all possible events will add up to 1 this can also be looked at as the weighted average of the event. The table below represents odds.[citation needed]
Column 1 = number of individual bets in the parlay
Column 2 = correct odds of winning with 50% chance of winning each individual bet
Column 3 = odds payout of parlay at the sportsbook
Column 4 = correct odds of winning parlay with 55% chance of winning each individual bet
Number of individual bets | Correct odds at 50% | Odds payout at sportsbook | Correct odds of winning parlay at 55% |
---|---|---|---|
2 | 3 to 1 | 2.6 to 1 | 2.3 to 1 |
3 | 7 to 1 | 6 to 1 | 5.0 to 1 |
4 | 15 to 1 | 12 to 1 | 9.9 to 1 |
5 | 31 to 1 | 24 to 1 | 18.9 to 1 |
6 | 63 to 1 | 48 to 1 | 35.1 to 1 |
7 | 127 to 1 | 92 to 1 | 64.7 to 1 |
8 | 255 to 1 | 176 to 1 | 118.4 to 1 |
9 | 511 to 1 | 337 to 1 | 216.1 to 1 |
10 | 1,023 to 1 | 645 to 1 | 393.8 to 1 |
11 | 2,047 to 1 | 1,233 to 1 | 716.8 to 1 |
24 Hours Betting Tips
The table illustrates that if a 55% chance of winning each individual bet were achievable, parlays would be profitable in the long term. Compare the expected value you receive on an individual bet at a typical price of -110 with a 55% chance of winning: ((100/110+1)*.55)-1 = .05 (exactly 5 cents won for every dollar bet on average), multiplied by 11 = .55, to the expected return on the 11 game parlay ((1234/717.8)-1) = .719 (72 cents won for every dollar bet on average). In this case a parlay has a much higher expected value than individual bets with greatly increased variance in outcomes.