STOP DOING PARLAY BETS!!! By Statistics Professor

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Professor MJ

Professor MJ

Күн бұрын

Пікірлер: 182
@andyzedd3236
@andyzedd3236 3 жыл бұрын
I've had a lot of success with two team parlays using different game times. If the first leg hits I hedge the second game and guarantee a profit. If the first game losses at least I'm not paying a premium. I do agree that more than two legs is usually a guaranteed loss, but sometimes it's worth a sprinkle.
@swerve951
@swerve951 3 жыл бұрын
i was wondering why my 10 -12 game parlays weren't hitting lately
@jonathan_4803
@jonathan_4803 3 жыл бұрын
🤣🤣🤣🤣 are you for real 10-12?? 🤣🤣🤣
@vostrovostro8824
@vostrovostro8824 3 жыл бұрын
Thank you sir , you just opened my eyes . No more parlays for me just single bets from now on. God bless you for opening my mind and eyes.
@WONANDONESPORTS
@WONANDONESPORTS Жыл бұрын
If you can not win 2 -110 consistent them you going to be in the red either way
@damisnsilletti2762
@damisnsilletti2762 3 жыл бұрын
Stick with 2 team or 3 team max dont get greedy
@freedomspirit9521
@freedomspirit9521 3 жыл бұрын
spot on with that.
@alhajsaccoh820
@alhajsaccoh820 3 жыл бұрын
I was just thinking of that after last week one game made me lose my 10 game parlay
@_meangreenjersey973
@_meangreenjersey973 3 жыл бұрын
Even with that 1 game loses , the best bet really is no bet
@brianpinnell
@brianpinnell 2 жыл бұрын
I use three MLB team parlays and it takes time but I’ve slowly won consistently with it. Lots of nights I only win my money back. But over the season last year I made money.
@kevinv2267
@kevinv2267 Жыл бұрын
2 to 3 teams the best for parlay but it doesn’t hurt just to put 5$ on a 6 leg plus for fun every once in awhile
@dubbezwub4319
@dubbezwub4319 3 жыл бұрын
This is absolutely true. The second I stopped parlays I started winning. It’s easy to get drawn in because of the risk/reward is so alluring. Next thing you know, you’re down $300 after constantly throwing $10 at parlays that never hit
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
That's exactly it!! Here is a big problem: many websites and Facebook groups are filled with people showing their winning ticket where they bet $10 and won $700. But they fail to tell you that they lost their previous 121 attempts, though.
@joshuachaves5298
@joshuachaves5298 3 жыл бұрын
Exactly parlays are junk i do one fun money parlay a week for $20 that's it I remember 7 years ago I was winning like crazy went 68- 27 and was only like up $3645 for month and because I lost $2930 in parlay loses for the month I was upset with myself since then I flat bet every pick and limit to 1 parlay for$20 a week since then there has been 82 months in total 57 winning weeks only 25 losing def need load management
@skepo22
@skepo22 3 жыл бұрын
Very true your 100 percent right here bro, I have doing parky am loosing 1 games or 2 games all the time.. it sucks.
@jacktripper6024
@jacktripper6024 3 жыл бұрын
So whts best to bet on?
@kevinwilson3337
@kevinwilson3337 3 жыл бұрын
@@jacktripper6024 nothing, its all the same
@idopiseakpanudo4180
@idopiseakpanudo4180 3 жыл бұрын
You are right MJ. In Canada there is no single game betting on OLG. You have to parlay 2 or 3 which really suck. Great video.
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
You are absolutely right. I have heard some people are working to legalize single wagers on pro sports in Canada. Pretty sure the bill will pass eventually.
@yeshayem6274
@yeshayem6274 3 жыл бұрын
Ok parlay is good if u know how to play 3 games you play split 2 games out of the 3 meaning home win and away win so you only betting on 1 game. The only thing is u split ur money 32 dollar into 8 dollar bets
@azhao17
@azhao17 2 жыл бұрын
Parlays increase the variance on top of compounding your expected losses - if each leg is -EV. In addition, it's difficult to line shop when you are doing parlays that most parlay bets made are not made with the best odds. The premise here is that all legs have -4.5% ROI. However, if you can find two legs that are +EV (through mispriced odds), you can parlay those two legs and compound your EV, and that little increase in variance is worth it. Sometimes, those parlay boost promotions can make a -EV bet positive. But of course, I would never risk more than 1/4 of a unit even on 3+ leg parlays unless I get some really juicy offer because sportsbetting is a slow and steady hustle :). I think I mostly stayed away from being limited because I place a lot of 2-leg parlays after running through projections. But all in all great video, my friends had been asking for parlay tips and I told them to stop doing parlays, now I can share this with them!
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
Great insight! You raised a good point about parlays preventing you from shopping for the best line! Another reason to avoid them. Thanks!
@AllCanucks
@AllCanucks 3 жыл бұрын
Thank you I subscribed to your patreon now I am finally starting to gain profits. Before you I lost 10k this month and lost ALL my bitcoin I saved for years on parlays. Looking forwards to making money with you Professor MJ ! Love you
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Thanks for joining, I hope you'll enjoy the experience!
@freedomspirit9521
@freedomspirit9521 3 жыл бұрын
the 3 friends and I have made very good $ long term on parlays...but we only play out highest % teams to wager. That said, it is not wise for most people to do so....as most people do not profit long term on sports wagering...due to how challenging it is.....UNLESS...a person has a very rare strategical concept to use. We have hit 94.6 % all time on our top % NFL wagers....mostly individual teams....but also plenty of small parlays as well...usually 3-4 teams max in most cases. Unless a person can find very high % patterns to hit and profit very well long term on games....parlays are a bad idea otherwise. Well said brother on this video. Thankfully it does not apply to everyone out there.
@shawnshawn1371
@shawnshawn1371 2 жыл бұрын
Glad I just watched because I've been loosing thousands recently,but I'm switching up how I gamble now👍🏾.Thanks Professor
@johndaniel5699
@johndaniel5699 3 жыл бұрын
I do 2 and 3 team teaser parlays and do pretty well
@alldayallnitelv
@alldayallnitelv 2 жыл бұрын
Me to always but if you bet more teams of course bigger chances of losing
@GERSH03
@GERSH03 5 ай бұрын
Hey Professor. Your advice is accurate but only for bettors who are losing in the long run.
@jamessydnor7591
@jamessydnor7591 3 жыл бұрын
Great information, and I see that Philly pick vs Carolina panned out
@stevenlima7598
@stevenlima7598 3 жыл бұрын
Great video well explained. I never do parlay bets. It so hard to win.
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Keep it that way Steven!
@gyro6560
@gyro6560 2 жыл бұрын
What if I only parlay -300 bets that’s how I am making my money right now
@alwayswannafly6338
@alwayswannafly6338 Жыл бұрын
i was addicted to parlay cause after i lost 300$ i won 3 straight team parlay my 10$ turned into 900$+ but now im on my 12th losing streak again wagering 15-20$ per day im hitting mostly 3 out 4. But thanks to this i will abandon doing parlay from now on.
@ProfessorMJ
@ProfessorMJ Жыл бұрын
So happy to hear it, keep up your awesome work my friend!!!
@williammills2442
@williammills2442 3 жыл бұрын
I am honestly up over 3Ok on the season on parley bets
@williammills2442
@williammills2442 3 жыл бұрын
I do good on two team parlay‘s over under on both teams. However I have done 5/6 teams on a single ticket and won several times.
@peterwolf3760
@peterwolf3760 2 жыл бұрын
I try to do “rolling parlays” … meaning I don’t bet two or three games on a single ticket but rather I’ll bet an early game … usually European soccer given the time difference … roll those winnings and original stake into a midday or early afternoon basketball 🏀 (or football 🏈 game); and then roll that into an early evening or late game. If I go 3-0 (or 2-0 on a team play) the payout is far greater than betting all my action on a single ticket. The only downside is beating line movement. That late game capped at -3 early in the day might be -4.5 and that 1.5
@brownsbacker2712
@brownsbacker2712 3 жыл бұрын
Loved the video professor I bet parlays 75% of the time mostly 3 teamers. Sometimes I hit but more times than not I don’t for instance yesterday I had Yankees - Cards - Rays after the Cards won n the Yankees were up they offered me a cash out option for 1/2 of my winning total I passed n well Rays lost. Last night had a 4leg SGP Dodgers,all hit but the U9.5 so if I would had straight betted all those 7 picks I would of hit 5 of them for a really nice profit instead of losing all my 💵💵. I don’t bet big I guess is why I parlay lots but have a straight bet In today took the Rays -1.5 at -130 Hope it hits. Thx again for the free lesson really appreciate all you do oh n I’ll be taking the KC Royals as well !!
@joemoloney260
@joemoloney260 Жыл бұрын
YOUR THE BEST, LOVE YOUR VIDEOS
@ProfessorMJ
@ProfessorMJ Жыл бұрын
Thanks so much Joe!! I really appreciate the comment
@rms9211
@rms9211 2 жыл бұрын
I remember this video , now watching again thanks
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
You are welcome!
@raymondagostinelli1254
@raymondagostinelli1254 3 жыл бұрын
Good presentation I am going to follow you this season!!
@SteveBinksTV
@SteveBinksTV 3 жыл бұрын
Professor MJ = 🐐
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Thanks for the compliment!
@SteveBinksTV
@SteveBinksTV 3 жыл бұрын
THANK YOU for your dedication and hard work.
@jameschoi930
@jameschoi930 3 жыл бұрын
Professor mj = 🐐’s of all 🐐 ‘s
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Wow nice testimonial, thanks James!!
@clintrichardsonclintfromny203
@clintrichardsonclintfromny203 3 жыл бұрын
What is wild is that I know all this and yet I still do parlays. I use them when my convictions are weak and dont want to bet them straight. I am therefore rounding outparlays with leans that I wouldnt have bet straight in the first place and I keep them cheap. I know my odds suck and I accept this as I am not a pro. In the last three days I hit several 3 ways, a couple 4 ways, and a 5 way. Last week I hit the rare 9 way even though I only had one dollar on it. I know I cant justify them mathematically. That said I hope I am sizing them correctly when compared to my straight bets for minimal impact overall.
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Yeah, the problem is they are fun and exciting. But so bad for your bankroll. If you can at least discipline yourself on the number and amount bet on parlays, that would be a good start. For example, someone betting $50 on single wagers that does one parlay a week for $10 is okay.
@brianpinnell
@brianpinnell 2 жыл бұрын
I’ve been betting three team MLB parlays and having success for the past two years.
@level1life79
@level1life79 3 жыл бұрын
Very good breakdown! Thank you!
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
You are welcome!
@petrokladis3576
@petrokladis3576 Жыл бұрын
Thank you sir I love the video
@ProfessorMJ
@ProfessorMJ Жыл бұрын
You are welcome!
@matthewlamarca3704
@matthewlamarca3704 3 жыл бұрын
If your looking at the math side of then you should not gamble at all cause in the long run you 🍷 up losing! So why not but 100 on a 3 team parlay and win some money and have fun!
@bluefm7370
@bluefm7370 3 жыл бұрын
Like the stock market if you have the ability to cash out and have done your homework you can win or loose. If you look at the stock market or wagering as gambling, then YES you will loose. I have have lost far more money or not made any money at all in the markets. My broker or banker did, but not me. The beauty of sports wagering, more transparent, you know the juice and your in control. Matthew always within your means and your words so true, live once have FUN.....awesome message, thks stay safe❤️🙏🏻
@bluefm7370
@bluefm7370 3 жыл бұрын
Lose....lo
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Not necessarily true. There are many bets that can be proven to be good value wagers (from a mathematical standpoint). You be done via "value betting" or "arbitrage betting". See my website for these articles. Will eventually make videos about them too.
@matthewlamarca3704
@matthewlamarca3704 3 жыл бұрын
@@ProfessorMJ hey nice pick on the coyote's bet 👏 👏
@vonzsuaellojohnson7583
@vonzsuaellojohnson7583 Жыл бұрын
he's right...I didn't start winning until I began single betting
@steez2579
@steez2579 2 жыл бұрын
So if you can’t win money betting straight up bets what’s the point in betting
@joelpizzati7426
@joelpizzati7426 3 жыл бұрын
wow this was very informative thank you very much professor! I have a question likley a silly one but can you explain to me why the American formate for odds is the more commonly used over decimal?
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Thanks for the nice comment! I did put a lot of effort into this video. I'm not sure if the American format is more commonly used. In the U.S. I think so, but maybe not in Canada. If have a few friends in Canada who don't understand American odds at all.
@cur244
@cur244 Жыл бұрын
This is really key to avoid parlays. Even big favorites of 20pts or more you'll lose one game regularly so you lose.
@bluefm7370
@bluefm7370 3 жыл бұрын
Professor did you pick Islanders yesterday if so congrats
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Yes I did!
@joefree4923
@joefree4923 3 жыл бұрын
Professor... your betting systems are showing and proving to be the BEST BETTING SYSTEMS that I personally have ever seen. They are facts and numbers do NOT lie! I really wasn't TO BECOME A MEMBER OF YOUR PATREON PICKS! Haven't been able to sign up yet.. please give me the instructions! Thank you PROFESSOR MJ.. YOU ARE THE MAN!!
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
@@joefree4923 Thank you! Here is the link: www.patreon.com/bePatron?u=48839744
@nacre6233
@nacre6233 3 жыл бұрын
Hi Prof MJ. I use parlays sometimes in the NHL to pair heavy favorites (-250). I am up slightly on 22 parlay bets this year. I must admit I am up more on 19 Puckline and '3 way Regulation' bets which is an alternate approach to the same scenario. Fabulous video
@JayPippin
@JayPippin 3 жыл бұрын
There has to be someone out there that’s a parlay winning genius
@StalkingButler
@StalkingButler 3 жыл бұрын
If there was you would know about it. It’s not possible.
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Here's the key thing: if someone is a parlay genius, then this guy would make much more money if he bet the same games, but as individual wagers. Plain and simple. The math shows it.
@StalkingButler
@StalkingButler 3 жыл бұрын
@@ProfessorMJ exactly! It’s simple spreadsheet math people! I love your videos by the way professor👍
@bloozemc
@bloozemc Жыл бұрын
well done sir
@ProfessorMJ
@ProfessorMJ Жыл бұрын
You are welcome Michael!
@happymangovegan5180
@happymangovegan5180 3 жыл бұрын
Who’s going to win tonight LA or SF? The Bravos or Milwaukee?
@stevenadolphus2268
@stevenadolphus2268 3 жыл бұрын
I’ve hit numerous parlays idk what this guy is talking about ....... I’ve hit an 8 game parlays and almost 11 game parlay
@dsr521
@dsr521 3 жыл бұрын
Do you understand what an outlier is?
@lukewind30
@lukewind30 3 жыл бұрын
While you are right that parlays are dangerous, I have made over $2k this season off parlays starting from $250 bucks. They can be profitable but you just have to be smart about them. Just don’t go wild and put down crazy amounts of money. I never put big bets on parlays unless you can afford it. 5-10 bucks parlays can make you a lot of money over time.
@fortchhh
@fortchhh 3 жыл бұрын
True vital lesson is why even bet lol
@fortchhh
@fortchhh 3 жыл бұрын
I do like making player prop parlay lot of statistics on projected player performances from fantasy aspect that are pretty on point .. if your willing to not try and win massive money but just take small profits it’s a decent way
@tizfrreecharm
@tizfrreecharm 2 жыл бұрын
Howdy, Professor! I just came across this while waiting for your Week 17 picks. Since 'Teasers' are, in effect, parlays with adjusted lines, are the numbers/probabilities as you illustrate in this video the same or different (i.e. can we expect different outcomes/ROI)? Thanks.
@axlwrosess
@axlwrosess 2 жыл бұрын
Thx professor great info,I'll stop doing parleys and begin doing single bets...
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
Good decision!!!
@pault2178
@pault2178 2 жыл бұрын
Have a question professor. I get on fan duel about everyday the past 8 weeks. What i do is about a 10 team parlay on average. Ill put lots of .50 cent bets down. When i say alot im doing about 30 combinations. If i have a bad night with nothing i will do a single bet. In that aspect I've been pretty good. Winning about 70 percent of the time. This money is what allows me to play 30/ .50 parlays. I tend to hit once every 10 days. Or twice a week. The payouts are really good as you can imagine. How and why would i go against this concept in parlays???? Thanks for your amazing pics..Your friend Paul
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
Well, 10-team parlays are extremely bad bets. You might have won money over 8 weeks, but I can guarantee you will be in the red after 1-2 year(s). The bookie's vigorish eats you alive much faster with parlays. And you cannot shop for the best line on each team (you seem to play with just one bookie, am I right? You need at least 3-5 sportsbooks to get the best line possible. That is critical to your long-term success as well).
@krosdlg1515
@krosdlg1515 Жыл бұрын
Hello Profesor, wishing you a Merry Christmas and Happy new year. One question, Do you think sports are rigged? So casinos dont lose money. Id appreciate your response
@ProfessorMJ
@ProfessorMJ Жыл бұрын
I don't think so. Thanks for asking!
@michaelrooke5885
@michaelrooke5885 Жыл бұрын
I feel like I'm going back to school !! Je vais certainement faire mes devoirs !
@johnnyflansberry5967
@johnnyflansberry5967 3 жыл бұрын
Merci beaucoup j’ai appris beaucoup sur cette vidéo…je joue depuis 3 ans des 4 parlays ou 5 des fous 6 parlay’s Je suis toujours dans le moins a fin d’année
@prenticemelton1394
@prenticemelton1394 3 жыл бұрын
That was very valuable information
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Thank you so much!
@ryanl7903
@ryanl7903 3 жыл бұрын
Thanx for the numbers!
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
You are welcome!
@asteiner9181
@asteiner9181 2 жыл бұрын
I parlay sometimes when I feel the events are easy to predict.. nothing wrong with that if u do it once awhile. The payouts vs risk are worth it imo.
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
You can do it for fun, no problem with that. But just know you are throwing money away while doing it (compared to making single bets).
@hbpictures660
@hbpictures660 2 жыл бұрын
I agree w everything you said except not hedging your bet. I wish you could explain how that hurts if you only need the last leg of the parlay
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
I explain it in details in this video: kzbin.info/www/bejne/iJLEmIOuibR7bqM
@andresmith926
@andresmith926 4 ай бұрын
Thanks brother!!!
@repoman3862
@repoman3862 3 жыл бұрын
Learned my lesson again this morning, betted yakult ml(japanese baseball) n zverev(tennis) parlay. Actually was supposed to bet yakult only but added zverev just to get odds over 2 n double my bet, so n so yakult@1.71 wins n zverev @1.30 loses😒 yeah done with parlays!!!😂
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Nothing bad about doing mistakes if you learn from them. We all do mistakes. If this experience helps you staying away from parlays forever, then it's a good thing it happened to you. Best of luck with your future bets my friend!
@MrGuymartini
@MrGuymartini 3 жыл бұрын
Thank you!
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
So welcome Guy!!!
@eddiecalle28
@eddiecalle28 3 жыл бұрын
The best parlay in the world is a Moneyline parlay between five and eight vets as long as you choose the money line your chances of winning are in a 90%
@simondickinson5578
@simondickinson5578 3 жыл бұрын
90% lol, I don't think so...
@nithim63
@nithim63 3 жыл бұрын
Thanks you for the advice ,
@level1life79
@level1life79 3 жыл бұрын
Do a video on bankroll management from a statistician's perspective please 🙏❤
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
On my to-do list my friend!
@level1life79
@level1life79 3 жыл бұрын
@@ProfessorMJ oh thank you so much!!!
@bigpileofpuke
@bigpileofpuke 2 жыл бұрын
Thank you Professor.
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
You are welcome!
@Kimonyx18
@Kimonyx18 2 жыл бұрын
I do parlays . I will put 3 teams on each bet. I bet like 16 teams so 5 bets And 4/5 of my bets wins..
@jonathan_4803
@jonathan_4803 3 жыл бұрын
i’ve been a gambler for more than 15 years and I can say that you are completely wrong.. .. so you are telling me that if I pick Buccaneers-Cowboy-Chiefs and Bills for week 6 it’s a bad BET? your dice roll makes no sense whatsoever that’s not how gambling works.. gambling it’s about knowledge not about mathematics…
@dsr521
@dsr521 3 жыл бұрын
I should have watched this video before this week's games lol
@petrokladis3576
@petrokladis3576 Жыл бұрын
Hi professor how many single beds is it good to do in one day
@ProfessorMJ
@ProfessorMJ Жыл бұрын
No fixed number of bets. Depends on the number that I find that I believe are good value wagers. If there is just one, then so be it. I don't force bets!
@danielschwartz1228
@danielschwartz1228 2 жыл бұрын
I do single bets only. It may take me longer to build my bankroll but my bankroll is less at risk.
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
Exactly! Thanks for watching!
@danieltremblay9852
@danieltremblay9852 3 жыл бұрын
I'm in Laval, j'aime beaucoup vos vidéos, en plus vous êtes très sympathiques.
@brianauricchio8710
@brianauricchio8710 2 жыл бұрын
It would be amazing if the giants went to 7-1. I also pick the commanders
@yeshayem6274
@yeshayem6274 3 жыл бұрын
There is a way you play Parlay 1) never bet more then 3 max very max 4 games 2) out of 3 games u pick make sure to split (home and away win) on 2 of the games
@yeshayem6274
@yeshayem6274 3 жыл бұрын
That will leave you with picking only 1 game right. Budget wise make sure u play 32 dollar split into 8 dollars
@sportsareforwomen3428
@sportsareforwomen3428 4 ай бұрын
How did you make this intro
@B1ankeys
@B1ankeys Жыл бұрын
Good video but with hedging, if there is a lot of money on the line why not try to get a guarenteed profit?
@ProfessorMJ
@ProfessorMJ Жыл бұрын
Please post under the appropriate video, this is the parlay video, not hedging. But to answer your question, I specifically said at 17:32 of the hedging video that it could be okay in the case of life-changing money.
@isaiahyhomas1650
@isaiahyhomas1650 3 жыл бұрын
I hate getting one team wrong on a parley. I had an 8 leg parley $100 to win $10,207 yesterday and the angels ruined that. 😩
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Well, you saw in the video how incredibly bad 8-team parlays are... You are losing money 7 times faster than on single bets.
@robinhoods1555
@robinhoods1555 3 жыл бұрын
I DO 2 TO TEAMS PARLAY.
@Richard-g4u1r
@Richard-g4u1r 6 ай бұрын
Oh, my Dog. That first shirt/tie combo immediately made everything you said meaningless.
@wooshoo8033
@wooshoo8033 Жыл бұрын
Inspiring. I've been doing 5 parleys most the time and been losing. Need to change my style of betting . Thank you perfessor
@ProfessorMJ
@ProfessorMJ Жыл бұрын
Straight bets is the way to go! Not as exciting but much higher chance of being a winner in the long run, which is all that matters!!!
@boonebeasley9622
@boonebeasley9622 2 жыл бұрын
Yea I’m only doin single bets now I’m down 100k but u don’t win no money on single bets so I’ll never get it bak
@kevinwilson3337
@kevinwilson3337 2 жыл бұрын
Then go back to betting p 10 teamers
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
You would have lost MUCH QUICKER if you had placed parlay bets...
@tonymak6943
@tonymak6943 3 жыл бұрын
8 teams , if I win 7 I will cash out my original and leave the balance for the win
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Not the best thing to do, you are leaving a bit of money on the table. When people say this, I always wonder why not do a 7-team parlay then (if you know in advance that you won't have the guts to let it ride if you win the first 7 legs)?
@meador86
@meador86 3 жыл бұрын
Great video. Could you do a video on casino betting, particularly deposit bonuses that offer casino bonus money with a 5x-25x play through requirement on the bonus money. Specifically I’m looking for an excellent breakdown of why many small bets are better than fewer bigger bets at getting the expected return to player or ROI and how it correlated to regression to the mean and what 1-2-3 standard deviations are. Specifically baccarat and say betting $1 1000x to bet through $1,000.
@nickv4073
@nickv4073 Жыл бұрын
The House always wins. That's all you need to know. Stay away from Casino.
@yeahj1js
@yeahj1js 3 жыл бұрын
You better be teasing those parleys....
@jonathan_4803
@jonathan_4803 3 жыл бұрын
I just placed a big Bet parlay on Buccaneers-Cowboys and Rams…. I’ll be back on Monday to see what you got to say….
@isahiespinoza1613
@isahiespinoza1613 3 жыл бұрын
Cowboys game will get you sweating
@explosivediarrhea4671
@explosivediarrhea4671 Жыл бұрын
Update
@donniethesportsguy893
@donniethesportsguy893 3 жыл бұрын
I do one nfl ml 14 leg parlay at 5.00 a week just for entertainment. I've hit once back in 2017 for a 25k payout. Lol
@thehound1359
@thehound1359 3 жыл бұрын
I do the same thing. You never know. Plus a few times I have just hit all the 1pm games and then cashed out.
@royfokerpoker1802
@royfokerpoker1802 2 жыл бұрын
Dude you must have been going crazy lol. We're you screaming? Haha
@idungGEDE
@idungGEDE 3 жыл бұрын
waiting for a review about the game of bacarat, about pairs, supersix and tie. what are the chances of winning
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Well this is a sports betting KZbin channel...
@jacktripper6024
@jacktripper6024 3 жыл бұрын
1 game is good when u have a lot of money say 100 000 on 1 gives u 66 000 profit
@petrokladis3576
@petrokladis3576 Жыл бұрын
How about professor something that's called Robin Robin it's like a parly
@stevenfox1026
@stevenfox1026 2 жыл бұрын
I win on parlay bets a lot
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
I highly doubt this is true, and even if it is, then you would make more money on single bets. Math proves it.
@petrokladis3576
@petrokladis3576 Жыл бұрын
In the hedging professor I just bet the money that I invested on the bet that's it brother and I let it ride
@Slowright79
@Slowright79 3 ай бұрын
Parlays are french for Partial lay down!
@soulohippy8181
@soulohippy8181 3 жыл бұрын
When I loose parlays it’s always by one game or a couple points and it hurts every time lol but recently I started doing single bets and found much more success even tho payout isn’t as much, A profit is a profit! Love this video thank you Mj!
@bluefm7370
@bluefm7370 3 жыл бұрын
Soulo, the professor is only ONE of three touts on the internet, worth following, invest in him. When I was younger I was introduced to equations....today they are called algorithms...lol. Tells you how little time I have left on the planet😁. I think it is his young SON that is the brains behind he operation🧎Parlays are the worst investment, having said that if you know your teams and you are an action junkie, just envision it like the stock market, real time, live trading......wait for 35-50% of the event, match, game to be over, then like the markets now wager. When your wager has double sell the ticket/stock, DISCIPLINE the key.... It is so effective I anticipate this will be taken off the boards within the next few years or changes to wagering will have to be implemented. The stock market no longer the Bell of the Ball. Stay safe🙏🏻❤️
@ProfessorMJ
@ProfessorMJ 3 жыл бұрын
Parlays are exciting because you can win big, but so is the lottery... And both will drain your bankroll. Like you said, a profit is a profit, so let's enjoy our single wager wins!
@dougiewise
@dougiewise 3 жыл бұрын
FACTS
@alskoj
@alskoj 3 жыл бұрын
I make most of my profits with low risk parlays.
@mikecooper5780
@mikecooper5780 3 жыл бұрын
Thanks for the content 😊
@rgamemathis7086
@rgamemathis7086 Жыл бұрын
Parlays are good bets.. Bookies make them daily
@ProfessorMJ
@ProfessorMJ Жыл бұрын
Bookies love parlays because that's where they make the most money on. Which shows how bad they are to players.
@alldayallnitelv
@alldayallnitelv 2 жыл бұрын
I've won thousands in parlays cards
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
I would take your parlay bets and play the role of the bookie.
@Geelow_Swingin
@Geelow_Swingin 3 жыл бұрын
Rashard Lewis
@ceezzfrogg4748
@ceezzfrogg4748 2 жыл бұрын
I love parlays
@ProfessorMJ
@ProfessorMJ 2 жыл бұрын
Good for you, and I understand they are exciting, but they remain bad bets in the long run. Thanks for watching!
@luciantataru8773
@luciantataru8773 3 ай бұрын
The dice roll never work in sport book You are out!!!!!!!
@damianwhindleton2218
@damianwhindleton2218 3 жыл бұрын
Don't be a 🍭
@Lifelongloser
@Lifelongloser 3 жыл бұрын
I like this guy although I’m a bit surprised to see a stats professor giving tips on KZbin . Hmmm. Anyway unfortunately he’s wrong . Parlays are in fact the best way to beat the sports books at betting . First of all how many people actually make money long term betting singles on games ? Hardly anyone . Hardly anyone who doesn’t have a super effective model or a degree in maths that is. The idea that ordinary people should be betting singles on games to win money is one of the greatest cons on the internet. Not that that I’m accusing this guy of conning people. He’s just ignorant of long term markets like most people . But at least he seems nice. But how on earth could all these ever so smart people be wrong about something they can even prove with maths ? The very idea is ridiculous no ? Yet they are . Now I’m not goi g to go into detail on here as to why they’re talking nonsense. No sir . Instead I’m just going to provide a mere sliver of what I’m getting at . Just enough to get a few people thinking gosh this guys probably a deluded mug but what he’s said could just be true ! Ooo er . Okie dokie then are we ready for just a sliver of info regarding why this genius is completely wrong ? Good . So the first thing he doesn’t realise is just how easy long term markets are to trade . In fact the fact that long term sports markets are laughably easy to trade seems to be a big secret but I just don’t know why . I could train a monkey to trade long term sports markets given enough bananas. But is the fact that long term markets are so easy to trade enough to overcome the multiplied overrounds when placing 10 team accumulators on outright markets? No . No sir . So what use is it then ? Well it’s enough to make the total overrounds less than what the mathematicians would expect. And when I used to have betting accounts I used to place large numbers of big parlays throughout the season. And most of them were to some degree or other a partial hedge on the other bets . And what that does is build an almost invariably strong overal position near the end of the season. Such that it can be hedged so that at worst you get most of your bank back . On top of this because of the nature of top class sport every three to four years few teams muck you around . When they hit the top they stay there . When this happens you can make very high percentages ? Anyway such is the nature of the internet that no one listens to me . And that means they bet singles or parlays on games . An appallingly bad use of your bookies accounts . Heh ho 😀
@Productofgodz
@Productofgodz Жыл бұрын
So what’s the right way to bet
SHOULD YOU HEDGE YOUR BET??? (BY STATS PROFESSOR!)
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