[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"term-betting-parlay-en":3,"related-parlay-en":50,"mdc-h59zpe-key":70},{"id":4,"slug":5,"status":6,"section":7,"category":8,"difficulty":9,"aliases":10,"related_terms":17,"related_calculators":22,"term":26,"definition":27,"content":28,"example":29,"faq":30,"availableLocales":43},"60175d3a-a8ff-4cee-92b1-e2d20837b693","parlay","published","betting","bet-types","beginner",[11,12,13,14,15,16],"accumulator","acca","combo bet","multi-bet","parley","multiple",[11,18,19,20,21],"stake","decimal-odds","round-robin","expected-value",[23,24,25],"\u002Fbetting\u002Fparlay-calculator","\u002Fbetting\u002Fround-robin-calculator","\u002Fbetting\u002Facca-insurance-calculator","Parlay","A parlay (also known as accumulator, combo, or multi-bet) combines multiple individual bets into a single wager where all selections must win for the bet to pay out. The odds multiply together, creating potentially massive payouts from small stakes. However, a single losing selection loses the entire bet. Parlays are popular for their high-reward potential but carry significantly higher risk than straight bets.","# Parlay\n\nA **parlay** combines multiple bets into one, multiplying the odds for potentially huge payouts. All legs must win—one loss and the entire bet loses. It's the high-risk, high-reward bet type that turns $10 into $1,000 on a good day. Parlays are the most popular bet type among recreational bettors and the most profitable for sportsbooks.\n\n## Table of Contents\n\n- [How Parlays Work](#how-parlays-work)\n- [Calculating Parlay Odds](#calculation)\n- [Parlay Math](#parlay-math)\n- [Types of Parlays](#types)\n- [Parlay Strategy](#strategy)\n- [When Parlays Make Sense](#when-to-parlay)\n- [Common Mistakes](#mistakes)\n\n## How Parlays Work {#how-parlays-work}\n\nA parlay links multiple selections together. Every selection must win for the parlay to pay out.\n\n### Simple Example\n\n**Individual bets:**\n- Game 1: Lakers -3.5 at 1.91\n- Game 2: Celtics ML at 1.75\n- Game 3: Over 215.5 at 1.87\n\n**As a parlay:**\nCombined odds: 1.91 × 1.75 × 1.87 = **6.25**\n\n$10 stake returns **$62.50** if all three win.\n\n### Win Conditions\n\n| Scenario | Leg 1 | Leg 2 | Leg 3 | Parlay Result |\n|----------|-------|-------|-------|---------------|\n| All win | Win | Win | Win | **WIN** |\n| One loss | Win | Loss | Win | **LOSE** |\n| Two losses | Loss | Loss | Win | **LOSE** |\n| One push | Win | Push | Win | **Reduced payout** |\n\n**One loss = entire bet lost.** This is why parlays are risky.\n\n## Calculating Parlay Odds {#calculation}\n\n### Decimal Odds Method\n\nSimply multiply all decimal odds:\n\n```math\n\\text{Parlay Odds} = \\text{Odds}_1 \\times \\text{Odds}_2 \\times \\text{Odds}_3 \\times ... \\times \\text{Odds}_n\n```\n\n**Example: 4-leg parlay**\n- Selection 1: 1.80\n- Selection 2: 2.10\n- Selection 3: 1.65\n- Selection 4: 1.90\n\n```math\n\\text{Parlay Odds} = 1.80 \\times 2.10 \\times 1.65 \\times 1.90 = 11.85\n```\n\n$10 bet wins $118.50 total ($108.50 profit).\n\n### American Odds Conversion\n\nFirst convert to decimal:\n\n| American | Decimal |\n|----------|---------|\n| -110 | 1.91 |\n| +150 | 2.50 |\n| -200 | 1.50 |\n| +200 | 3.00 |\n\n**Formula:**\n- Positive American: (American \u002F 100) + 1\n- Negative American: (100 \u002F |American|) + 1\n\n### Parlay Payout Table\n\n**Standard -110 odds legs:**\n\n| Legs | Combined Odds | $10 Payout | Win Probability* |\n|------|---------------|------------|------------------|\n| 2 | 3.65 | $36.50 | 27.4% |\n| 3 | 6.97 | $69.70 | 14.3% |\n| 4 | 13.31 | $133.10 | 7.5% |\n| 5 | 25.41 | $254.10 | 3.9% |\n| 6 | 48.53 | $485.30 | 2.1% |\n| 8 | 176.86 | $1,768.60 | 0.6% |\n| 10 | 644.26 | $6,442.60 | 0.15% |\n\n*Assuming 50% win rate per leg\n\n## Parlay Math {#parlay-math}\n\n### Expected Value Formula\n\n```math\n\\text{EV} = (\\text{Win Prob} \\times \\text{Payout}) - \\text{Stake}\n```\n\n**Example: 3-leg parlay at 6.97 odds**\n- Win probability (50% each leg): 0.5³ = 12.5%\n- Fair odds at 12.5%: 8.00\n- Actual odds: 6.97\n- EV: (0.125 × $69.70) - $10 = **-$1.29 per $10 bet**\n\n### The Margin Problem\n\nEvery leg includes bookmaker margin, and margins multiply:\n\n```math\n\\text{Effective Parlay Margin} = (1 + \\text{Margin per leg})^n - 1\n```\n\n| Legs | 5% Margin per Leg | Effective Total Margin |\n|------|-------------------|----------------------|\n| 2 | 5% | 10.25% |\n| 3 | 5% | 15.76% |\n| 4 | 5% | 21.55% |\n| 5 | 5% | 27.63% |\n| 10 | 5% | 62.89% |\n\n**A 10-leg parlay with 5% margin pays only 37% of fair value.**\n\n### Break-Even Win Rates\n\nHow often you need to win to break even:\n\n| Parlay Type | At Fair Odds | At -110 Odds |\n|-------------|--------------|--------------|\n| 2-leg | 25.0% | 27.4% |\n| 3-leg | 12.5% | 14.3% |\n| 4-leg | 6.25% | 7.5% |\n| 5-leg | 3.13% | 3.9% |\n\nYou need to outperform break-even consistently to profit.\n\n## Types of Parlays {#types}\n\n### Standard Parlay\n\nAll legs independent, all must win. Most common type.\n\n### Teaser\n\nParlay with adjusted point spreads in your favor:\n\n**NFL 6-point teaser example:**\n- Original: Chiefs -7.5 becomes Chiefs -1.5\n- Original: Ravens +3 becomes Ravens +9\n\n**Trade-off:** Lower odds for easier wins.\n\n| Teaser Points | 2-Team Odds | 3-Team Odds |\n|---------------|-------------|-------------|\n| 6 points | 1.91 | 1.67 |\n| 6.5 points | 1.83 | 1.59 |\n| 7 points | 1.77 | 1.50 |\n\n### Pleaser (Reverse Teaser)\n\nPoint spreads move against you for higher odds.\n\n**Example:**\n- Chiefs -7.5 becomes Chiefs -13.5\n- Much higher odds, much lower probability\n\n### Same-Game Parlay (SGP)\n\nMultiple bets from the same event:\n- Team to win\n- Player over 25 points\n- Total over 220\n\n**Warning:** Same-game parlays are often **correlated**—if the team wins in a high-scoring game, the player over is more likely. Bookmakers price this correlation in, often unfavorably.\n\n::callout{type=\"info\"}\n**Did you know?**\nYou can sometimes parlay rare prop bets like an **[Octopus](\u002Fglossary\u002Fbetting\u002Foctopus)** (8 points by one player) with the moneyline for massive odds.\n::\n\n### Round Robin\n\nMultiple parlays from a selection of games:\n- Select 4 games\n- Generates all possible 2-leg parlays (6 bets)\n- Or all 3-leg combinations (4 bets)\n\nProvides coverage against one loss.\n\n## Parlay Strategy {#strategy}\n\n### Strategy 1: Limit Leg Count\n\n| Legs | Risk Level | Recommendation |\n|------|------------|----------------|\n| 2 | Low | Acceptable |\n| 3-4 | Moderate | Use sparingly |\n| 5-6 | High | Entertainment only |\n| 7+ | Very high | Avoid (lottery ticket) |\n\n### Strategy 2: Use Positive EV Legs Only\n\nIf each leg is +EV, the parlay can be +EV:\n\n**Example: Three +3% edge bets**\n- Individual EV: +3% each\n- Combined probability boost compounds\n\nOnly parlay bets you'd make individually.\n\n### Strategy 3: Correlated Parlays\n\nFind legs that are positively correlated:\n\n| Correlated (Good) | Uncorrelated (Neutral) |\n|-------------------|----------------------|\n| Team wins + Over | Team A wins + Team B wins |\n| RB scores + Team covers | Total points + Player assists |\n| Rain + Under | Weather + Spread |\n\n**Warning:** Most same-game parlays are priced to eliminate correlation value.\n\n### Strategy 4: Shop Lines\n\nDifferent books offer different parlay odds:\n\n| Bookmaker | 3-Leg Parlay (-110 legs) |\n|-----------|-------------------------|\n| Book A | 6.00 |\n| Book B | 6.50 |\n| Book C | 6.97 |\n\n8% difference on identical selections.\n\n### Strategy 5: Use Parlay Insurance\n\nSome books offer \"one-leg insurance\" on 4+ leg parlays:\n- If exactly one leg loses, refund as free bet\n- Changes the math significantly\n\n```math\n\\text{Insurance Value} = P(\\text{exactly 1 loss}) \\times \\text{Stake} \\times \\text{Free Bet Conversion}\n```\n\n## When Parlays Make Sense {#when-to-parlay}\n\n### Good Reasons to Parlay\n\n| Reason | Explanation |\n|--------|-------------|\n| Correlation exists | Legs are positively linked |\n| Entertainment value | Small stake for excitement |\n| Circumvent limits | Combine limited bets |\n| Maximize promotions | Parlay boosts\u002Finsurance |\n| All legs are +EV | Each selection has edge |\n\n### Bad Reasons to Parlay\n\n| Reason | Why It's Wrong |\n|--------|----------------|\n| \"Locks\" to win | No bet is certain |\n| Bigger potential payout | Higher payout = higher risk |\n| Following tipsters | Their parlays have same -EV |\n| Chase losses | Parlays won't recover losses |\n\n### Expected Outcomes\n\nOver 1000 parlay bets at various leg counts:\n\n| Legs | Expected Wins | Typical P\u002FL |\n|------|---------------|-------------|\n| 2 | 274 | -$260 |\n| 3 | 143 | -$400 |\n| 4 | 75 | -$500 |\n| 5 | 39 | -$600 |\n\nLosing is expected. Size stakes accordingly.\n\n## Common Mistakes {#mistakes}\n\n### Mistake 1: Too Many Legs\n\nEvery additional leg multiplies risk. 5-leg parlays have ~4% win rate.\n\n**Solution:** Stick to 2-3 legs maximum for regular betting.\n\n### Mistake 2: Including Heavy Favorites\n\n-300 favorite adds only 1.33x to odds but still requires a win.\n\n**Example:**\n- 3 favorites at 1.25, 1.30, 1.33\n- Combined odds: 2.16\n- If one loses, you lose entire bet\n\n**Solution:** Heavy favorites add risk without proportional reward.\n\n### Mistake 3: Chasing Yesterday's Losses\n\nParlays seem like a way to recover losses quickly. They're not.\n\n| Chase Strategy | Expected Outcome |\n|----------------|------------------|\n| $50 parlay to recover $100 | ~-$7 expected |\n| Double down on losses | Faster bankroll drain |\n\n**Solution:** Flat betting, proper bankroll management.\n\n### Mistake 4: Ignoring Same-Game Correlation Pricing\n\nSGPs look like value because legs seem correlated. Books price this in.\n\n**Reality check:** Compare SGP odds to same legs as separate bets. Often 20-40% worse.\n\n### Mistake 5: Betting Large Stakes\n\nParlays should be small-stake entertainment, not core strategy.\n\n| Stake Size | Appropriate Use |\n|------------|-----------------|\n| 0.5-1% bankroll | Entertainment parlays |\n| 2-3% bankroll | High-conviction 2-leggers |\n| 5%+ bankroll | Never on parlays |\n\n## Parlay vs Straight Bets {#comparison}\n\n### Mathematical Comparison\n\n$100 total budget, three games:\n\n**Option A: Three straight bets ($33.33 each at 1.91)**\n- 3 wins: +$100.30\n- 2 wins: +$30.00\n- 1 win: -$36.66\n- 0 wins: -$100.00\n\n**Option B: One 3-leg parlay ($100 at 6.97)**\n- 3 wins: +$597.00\n- 2 wins: -$100.00\n- 1 win: -$100.00\n- 0 wins: -$100.00\n\nStraight bets provide more winning scenarios and lower variance.\n\n### When Each Is Better\n\n| Situation | Better Choice |\n|-----------|---------------|\n| Building bankroll | Straight bets |\n| Recreational fun | Small parlays |\n| Positive EV betting | Straight bets |\n| Correlated selections | Parlays |\n| Risk management | Straight bets |\n\n## Related Calculators\n\n- [Parlay Calculator](\u002Fbetting\u002Fparlay-calculator) - Calculate parlay odds and payouts\n- [Round Robin Calculator](\u002Fbetting\u002Fround-robin-calculator) - Generate all parlay combinations\n- [Acca Insurance Calculator](\u002Fbetting\u002Facca-insurance-calculator) - Evaluate insurance offers",null,[31,34,37,40],{"answer":32,"question":33},"Multiply all decimal odds together. For example, three selections at 1.80, 2.00, and 1.50: 1.80 x 2.00 x 1.50 = 5.40 total odds. A $10 bet returns $54. For American odds, convert to decimal first, multiply, then convert back if needed.","How are parlay odds calculated?",{"answer":35,"question":36},"Mathematically, parlays have lower expected value than straight bets because you're paying margin on every selection, and those margins multiply. A 5-leg parlay at books with 5% margin effectively pays 77% of fair value. However, they can be valuable for recreational entertainment or correlated parlays where legs aren't truly independent.","Are parlays a good betting strategy?",{"answer":38,"question":39},"Most sportsbooks allow 10-15 selections per parlay, though some permit up to 20-25. Very large parlays (10+ legs) have extremely low probability of winning—typically under 0.1%—and are essentially lottery tickets.","What is the maximum number of legs in a parlay?",{"answer":41,"question":42},"In most sportsbooks, a push (tie) removes that leg from the parlay and recalculates at reduced odds. A 5-leg parlay with one push becomes a 4-leg parlay. Some books void the entire parlay on a push, so check terms carefully.","What happens if one leg of my parlay pushes?",[44,45,46,47,48,49],"ru","en","es","pt","de","tr",[51,54,58,63,66],{"slug":11,"section":7,"category":8,"difficulty":9,"term":52,"definition":53},"Accumulator","An accumulator (also called parlay or combo bet) is a single wager that combines multiple selections into one bet, where all selections must win for the bet to pay out. The odds multiply together, creating potentially massive returns from small stakes, but the risk increases exponentially with each added selection.",{"slug":19,"section":7,"category":55,"difficulty":9,"term":56,"definition":57},"odds","Decimal Odds","Decimal odds (European odds) represent the total return per unit staked, including the original stake. A decimal odd of 2.50 means a $1 bet returns $2.50 total ($1.50 profit plus $1 stake). This is the most intuitive odds format, used predominantly in Europe, Australia, and by most online bookmakers. Decimal odds are simply calculated as 1 divided by implied probability.",{"slug":21,"section":7,"category":59,"difficulty":60,"term":61,"definition":62},"strategies","intermediate","Expected Value (EV)","The average profit or loss you can expect from a bet over the long run, calculated by multiplying each outcome's value by its probability — the single most important number that separates winning bettors from everyone else.",{"slug":20,"section":7,"category":8,"difficulty":60,"term":64,"definition":65},"Round Robin","A round robin is a betting system that creates multiple parlays from a selection of picks, covering all possible combinations of a specific size. For example, selecting 4 games and choosing 2-team parlays generates 6 separate bets covering every possible 2-team combination. Round robins provide insurance against one or two losing picks while maintaining higher potential payouts than straight bets.",{"slug":18,"section":7,"category":67,"difficulty":9,"term":68,"definition":69},"fundamentals","Stake","A stake is the amount of money wagered on a single bet—your financial risk on that specific outcome. Stake sizing is the foundation of bankroll management, determining how much you risk per bet relative to your total betting fund. Professional bettors typically stake 1-5% of their bankroll per bet, with the exact percentage determined by their edge and confidence level.",{"data":71,"body":72},{},{"type":73,"children":74},"root",[75,82,195,201,270,276,281,288,296,314,329,525,531,687,697,703,709,714,1225,1233,1256,1480,1585,1591,1596,1670,1678,1691,1697,1705,1895,1900,1906,1912,2102,2110,2271,2277,2282,2502,2609,2617,2623,2628,2723,2728,2734,2740,2745,2751,2756,2764,2777,2787,2866,2872,2877,2885,2898,2904,2909,2927,2944,2970,2974,2979,2997,3002,3008,3014,3111,3117,3122,3130,3143,3148,3154,3159,3220,3229,3235,3240,3300,3305,3311,3316,3329,3523,3529,3535,3622,3628,3701,3707,3712,3806,3811,3817,3823,3828,3838,3844,3849,3856,3874,3883,3889,3894,4109,4118,4124,4129,4139,4145,4150,4211,4217,4223,4228,4236,4259,4267,4289,4294,4300,4385,4391],{"type":76,"tag":77,"props":78,"children":79},"element","h2",{"id":5},[80],{"type":81,"value":26},"text",{"type":76,"tag":83,"props":84,"children":85},"p",{},[86,88,93,95,193],{"type":81,"value":87},"A ",{"type":76,"tag":89,"props":90,"children":91},"strong",{},[92],{"type":81,"value":5},{"type":81,"value":94}," combines multiple bets into one, multiplying the odds for potentially huge payouts. All legs must win—one loss and the entire bet loses. It's the high-risk, high-reward bet type that turns ",{"type":76,"tag":96,"props":97,"children":100},"span",{"className":98},[99],"katex",[101,153],{"type":76,"tag":96,"props":102,"children":105},{"className":103},[104],"katex-mathml",[106],{"type":76,"tag":107,"props":108,"children":110},"math",{"xmlns":109},"http:\u002F\u002Fwww.w3.org\u002F1998\u002FMath\u002FMathML",[111],{"type":76,"tag":112,"props":113,"children":114},"semantics",{},[115,146],{"type":76,"tag":116,"props":117,"children":118},"mrow",{},[119,125,131,136,141],{"type":76,"tag":120,"props":121,"children":122},"mn",{},[123],{"type":81,"value":124},"10",{"type":76,"tag":126,"props":127,"children":128},"mi",{},[129],{"type":81,"value":130},"i",{"type":76,"tag":126,"props":132,"children":133},{},[134],{"type":81,"value":135},"n",{"type":76,"tag":126,"props":137,"children":138},{},[139],{"type":81,"value":140},"t",{"type":76,"tag":126,"props":142,"children":143},{},[144],{"type":81,"value":145},"o",{"type":76,"tag":147,"props":148,"children":150},"annotation",{"encoding":149},"application\u002Fx-tex",[151],{"type":81,"value":152},"10 into ",{"type":76,"tag":96,"props":154,"children":158},{"className":155,"ariaHidden":157},[156],"katex-html","true",[159],{"type":76,"tag":96,"props":160,"children":163},{"className":161},[162],"base",[164,170,176,183,188],{"type":76,"tag":96,"props":165,"children":169},{"className":166,"style":168},[167],"strut","height:0.6595em;",[],{"type":76,"tag":96,"props":171,"children":174},{"className":172},[173],"mord",[175],{"type":81,"value":124},{"type":76,"tag":96,"props":177,"children":180},{"className":178},[173,179],"mathnormal",[181],{"type":81,"value":182},"in",{"type":76,"tag":96,"props":184,"children":186},{"className":185},[173,179],[187],{"type":81,"value":140},{"type":76,"tag":96,"props":189,"children":191},{"className":190},[173,179],[192],{"type":81,"value":145},{"type":81,"value":194},"1,000 on a good day. Parlays are the most popular bet type among recreational bettors and the most profitable for sportsbooks.",{"type":76,"tag":77,"props":196,"children":198},{"id":197},"table-of-contents",[199],{"type":81,"value":200},"Table of Contents",{"type":76,"tag":202,"props":203,"children":204},"ul",{},[205,216,225,234,243,252,261],{"type":76,"tag":206,"props":207,"children":208},"li",{},[209],{"type":76,"tag":210,"props":211,"children":213},"a",{"href":212},"#how-parlays-work",[214],{"type":81,"value":215},"How Parlays Work",{"type":76,"tag":206,"props":217,"children":218},{},[219],{"type":76,"tag":210,"props":220,"children":222},{"href":221},"#calculation",[223],{"type":81,"value":224},"Calculating Parlay Odds",{"type":76,"tag":206,"props":226,"children":227},{},[228],{"type":76,"tag":210,"props":229,"children":231},{"href":230},"#parlay-math",[232],{"type":81,"value":233},"Parlay Math",{"type":76,"tag":206,"props":235,"children":236},{},[237],{"type":76,"tag":210,"props":238,"children":240},{"href":239},"#types",[241],{"type":81,"value":242},"Types of Parlays",{"type":76,"tag":206,"props":244,"children":245},{},[246],{"type":76,"tag":210,"props":247,"children":249},{"href":248},"#strategy",[250],{"type":81,"value":251},"Parlay Strategy",{"type":76,"tag":206,"props":253,"children":254},{},[255],{"type":76,"tag":210,"props":256,"children":258},{"href":257},"#when-to-parlay",[259],{"type":81,"value":260},"When Parlays Make Sense",{"type":76,"tag":206,"props":262,"children":263},{},[264],{"type":76,"tag":210,"props":265,"children":267},{"href":266},"#mistakes",[268],{"type":81,"value":269},"Common Mistakes",{"type":76,"tag":77,"props":271,"children":273},{"id":272},"how-parlays-work-how-parlays-work",[274],{"type":81,"value":275},"How Parlays Work {#how-parlays-work}",{"type":76,"tag":83,"props":277,"children":278},{},[279],{"type":81,"value":280},"A parlay links multiple selections together. Every selection must win for the parlay to pay out.",{"type":76,"tag":282,"props":283,"children":285},"h3",{"id":284},"simple-example",[286],{"type":81,"value":287},"Simple Example",{"type":76,"tag":83,"props":289,"children":290},{},[291],{"type":76,"tag":89,"props":292,"children":293},{},[294],{"type":81,"value":295},"Individual bets:",{"type":76,"tag":202,"props":297,"children":298},{},[299,304,309],{"type":76,"tag":206,"props":300,"children":301},{},[302],{"type":81,"value":303},"Game 1: Lakers -3.5 at 1.91",{"type":76,"tag":206,"props":305,"children":306},{},[307],{"type":81,"value":308},"Game 2: Celtics ML at 1.75",{"type":76,"tag":206,"props":310,"children":311},{},[312],{"type":81,"value":313},"Game 3: Over 215.5 at 1.87",{"type":76,"tag":83,"props":315,"children":316},{},[317,322,324],{"type":76,"tag":89,"props":318,"children":319},{},[320],{"type":81,"value":321},"As a parlay:",{"type":81,"value":323},"\nCombined odds: 1.91 × 1.75 × 1.87 = ",{"type":76,"tag":89,"props":325,"children":326},{},[327],{"type":81,"value":328},"6.25",{"type":76,"tag":83,"props":330,"children":331},{},[332,523],{"type":76,"tag":96,"props":333,"children":335},{"className":334},[99],[336,421],{"type":76,"tag":96,"props":337,"children":339},{"className":338},[104],[340],{"type":76,"tag":107,"props":341,"children":342},{"xmlns":109},[343],{"type":76,"tag":112,"props":344,"children":345},{},[346,416],{"type":76,"tag":116,"props":347,"children":348},{},[349,353,358,362,366,371,376,381,385,389,394,398,402,406,412],{"type":76,"tag":120,"props":350,"children":351},{},[352],{"type":81,"value":124},{"type":76,"tag":126,"props":354,"children":355},{},[356],{"type":81,"value":357},"s",{"type":76,"tag":126,"props":359,"children":360},{},[361],{"type":81,"value":140},{"type":76,"tag":126,"props":363,"children":364},{},[365],{"type":81,"value":210},{"type":76,"tag":126,"props":367,"children":368},{},[369],{"type":81,"value":370},"k",{"type":76,"tag":126,"props":372,"children":373},{},[374],{"type":81,"value":375},"e",{"type":76,"tag":126,"props":377,"children":378},{},[379],{"type":81,"value":380},"r",{"type":76,"tag":126,"props":382,"children":383},{},[384],{"type":81,"value":375},{"type":76,"tag":126,"props":386,"children":387},{},[388],{"type":81,"value":140},{"type":76,"tag":126,"props":390,"children":391},{},[392],{"type":81,"value":393},"u",{"type":76,"tag":126,"props":395,"children":396},{},[397],{"type":81,"value":380},{"type":76,"tag":126,"props":399,"children":400},{},[401],{"type":81,"value":135},{"type":76,"tag":126,"props":403,"children":404},{},[405],{"type":81,"value":357},{"type":76,"tag":407,"props":408,"children":409},"mo",{},[410],{"type":81,"value":411},"∗",{"type":76,"tag":407,"props":413,"children":414},{},[415],{"type":81,"value":411},{"type":76,"tag":147,"props":417,"children":418},{"encoding":149},[419],{"type":81,"value":420},"10 stake returns **",{"type":76,"tag":96,"props":422,"children":424},{"className":423,"ariaHidden":157},[156],[425,509],{"type":76,"tag":96,"props":426,"children":428},{"className":427},[162],[429,434,439,444,449,456,463,468,473,478,483,488,493,499,505],{"type":76,"tag":96,"props":430,"children":433},{"className":431,"style":432},[167],"height:0.6944em;",[],{"type":76,"tag":96,"props":435,"children":437},{"className":436},[173],[438],{"type":81,"value":124},{"type":76,"tag":96,"props":440,"children":442},{"className":441},[173,179],[443],{"type":81,"value":357},{"type":76,"tag":96,"props":445,"children":447},{"className":446},[173,179],[448],{"type":81,"value":140},{"type":76,"tag":96,"props":450,"children":453},{"className":451,"style":452},[173,179],"margin-right:0.0315em;",[454],{"type":81,"value":455},"ak",{"type":76,"tag":96,"props":457,"children":460},{"className":458,"style":459},[173,179],"margin-right:0.0278em;",[461],{"type":81,"value":462},"er",{"type":76,"tag":96,"props":464,"children":466},{"className":465},[173,179],[467],{"type":81,"value":375},{"type":76,"tag":96,"props":469,"children":471},{"className":470},[173,179],[472],{"type":81,"value":140},{"type":76,"tag":96,"props":474,"children":476},{"className":475},[173,179],[477],{"type":81,"value":393},{"type":76,"tag":96,"props":479,"children":481},{"className":480,"style":459},[173,179],[482],{"type":81,"value":380},{"type":76,"tag":96,"props":484,"children":486},{"className":485},[173,179],[487],{"type":81,"value":135},{"type":76,"tag":96,"props":489,"children":491},{"className":490},[173,179],[492],{"type":81,"value":357},{"type":76,"tag":96,"props":494,"children":498},{"className":495,"style":497},[496],"mspace","margin-right:0.2222em;",[],{"type":76,"tag":96,"props":500,"children":503},{"className":501},[502],"mbin",[504],{"type":81,"value":411},{"type":76,"tag":96,"props":506,"children":508},{"className":507,"style":497},[496],[],{"type":76,"tag":96,"props":510,"children":512},{"className":511},[162],[513,518],{"type":76,"tag":96,"props":514,"children":517},{"className":515,"style":516},[167],"height:0.4653em;",[],{"type":76,"tag":96,"props":519,"children":521},{"className":520},[173],[522],{"type":81,"value":411},{"type":81,"value":524},"62.50** if all three win.",{"type":76,"tag":282,"props":526,"children":528},{"id":527},"win-conditions",[529],{"type":81,"value":530},"Win Conditions",{"type":76,"tag":532,"props":533,"children":534},"table",{},[535,568],{"type":76,"tag":536,"props":537,"children":538},"thead",{},[539],{"type":76,"tag":49,"props":540,"children":541},{},[542,548,553,558,563],{"type":76,"tag":543,"props":544,"children":545},"th",{},[546],{"type":81,"value":547},"Scenario",{"type":76,"tag":543,"props":549,"children":550},{},[551],{"type":81,"value":552},"Leg 1",{"type":76,"tag":543,"props":554,"children":555},{},[556],{"type":81,"value":557},"Leg 2",{"type":76,"tag":543,"props":559,"children":560},{},[561],{"type":81,"value":562},"Leg 3",{"type":76,"tag":543,"props":564,"children":565},{},[566],{"type":81,"value":567},"Parlay Result",{"type":76,"tag":569,"props":570,"children":571},"tbody",{},[572,602,631,658],{"type":76,"tag":49,"props":573,"children":574},{},[575,581,586,590,594],{"type":76,"tag":576,"props":577,"children":578},"td",{},[579],{"type":81,"value":580},"All win",{"type":76,"tag":576,"props":582,"children":583},{},[584],{"type":81,"value":585},"Win",{"type":76,"tag":576,"props":587,"children":588},{},[589],{"type":81,"value":585},{"type":76,"tag":576,"props":591,"children":592},{},[593],{"type":81,"value":585},{"type":76,"tag":576,"props":595,"children":596},{},[597],{"type":76,"tag":89,"props":598,"children":599},{},[600],{"type":81,"value":601},"WIN",{"type":76,"tag":49,"props":603,"children":604},{},[605,610,614,619,623],{"type":76,"tag":576,"props":606,"children":607},{},[608],{"type":81,"value":609},"One loss",{"type":76,"tag":576,"props":611,"children":612},{},[613],{"type":81,"value":585},{"type":76,"tag":576,"props":615,"children":616},{},[617],{"type":81,"value":618},"Loss",{"type":76,"tag":576,"props":620,"children":621},{},[622],{"type":81,"value":585},{"type":76,"tag":576,"props":624,"children":625},{},[626],{"type":76,"tag":89,"props":627,"children":628},{},[629],{"type":81,"value":630},"LOSE",{"type":76,"tag":49,"props":632,"children":633},{},[634,639,643,647,651],{"type":76,"tag":576,"props":635,"children":636},{},[637],{"type":81,"value":638},"Two losses",{"type":76,"tag":576,"props":640,"children":641},{},[642],{"type":81,"value":618},{"type":76,"tag":576,"props":644,"children":645},{},[646],{"type":81,"value":618},{"type":76,"tag":576,"props":648,"children":649},{},[650],{"type":81,"value":585},{"type":76,"tag":576,"props":652,"children":653},{},[654],{"type":76,"tag":89,"props":655,"children":656},{},[657],{"type":81,"value":630},{"type":76,"tag":49,"props":659,"children":660},{},[661,666,670,675,679],{"type":76,"tag":576,"props":662,"children":663},{},[664],{"type":81,"value":665},"One push",{"type":76,"tag":576,"props":667,"children":668},{},[669],{"type":81,"value":585},{"type":76,"tag":576,"props":671,"children":672},{},[673],{"type":81,"value":674},"Push",{"type":76,"tag":576,"props":676,"children":677},{},[678],{"type":81,"value":585},{"type":76,"tag":576,"props":680,"children":681},{},[682],{"type":76,"tag":89,"props":683,"children":684},{},[685],{"type":81,"value":686},"Reduced payout",{"type":76,"tag":83,"props":688,"children":689},{},[690,695],{"type":76,"tag":89,"props":691,"children":692},{},[693],{"type":81,"value":694},"One loss = entire bet lost.",{"type":81,"value":696}," This is why parlays are risky.",{"type":76,"tag":77,"props":698,"children":700},{"id":699},"calculating-parlay-odds-calculation",[701],{"type":81,"value":702},"Calculating Parlay Odds {#calculation}",{"type":76,"tag":282,"props":704,"children":706},{"id":705},"decimal-odds-method",[707],{"type":81,"value":708},"Decimal Odds Method",{"type":76,"tag":83,"props":710,"children":711},{},[712],{"type":81,"value":713},"Simply multiply all decimal odds:",{"type":76,"tag":96,"props":715,"children":717},{"className":716},[99],[718,827],{"type":76,"tag":96,"props":719,"children":721},{"className":720},[104],[722],{"type":76,"tag":107,"props":723,"children":724},{"xmlns":109},[725],{"type":76,"tag":112,"props":726,"children":727},{},[728,822],{"type":76,"tag":116,"props":729,"children":730},{},[731,737,742,756,761,773,777,789,793,799,803,807,811],{"type":76,"tag":732,"props":733,"children":734},"mtext",{},[735],{"type":81,"value":736},"Parlay Odds",{"type":76,"tag":407,"props":738,"children":739},{},[740],{"type":81,"value":741},"=",{"type":76,"tag":743,"props":744,"children":745},"msub",{},[746,751],{"type":76,"tag":732,"props":747,"children":748},{},[749],{"type":81,"value":750},"Odds",{"type":76,"tag":120,"props":752,"children":753},{},[754],{"type":81,"value":755},"1",{"type":76,"tag":407,"props":757,"children":758},{},[759],{"type":81,"value":760},"×",{"type":76,"tag":743,"props":762,"children":763},{},[764,768],{"type":76,"tag":732,"props":765,"children":766},{},[767],{"type":81,"value":750},{"type":76,"tag":120,"props":769,"children":770},{},[771],{"type":81,"value":772},"2",{"type":76,"tag":407,"props":774,"children":775},{},[776],{"type":81,"value":760},{"type":76,"tag":743,"props":778,"children":779},{},[780,784],{"type":76,"tag":732,"props":781,"children":782},{},[783],{"type":81,"value":750},{"type":76,"tag":120,"props":785,"children":786},{},[787],{"type":81,"value":788},"3",{"type":76,"tag":407,"props":790,"children":791},{},[792],{"type":81,"value":760},{"type":76,"tag":126,"props":794,"children":796},{"mathvariant":795},"normal",[797],{"type":81,"value":798},".",{"type":76,"tag":126,"props":800,"children":801},{"mathvariant":795},[802],{"type":81,"value":798},{"type":76,"tag":126,"props":804,"children":805},{"mathvariant":795},[806],{"type":81,"value":798},{"type":76,"tag":407,"props":808,"children":809},{},[810],{"type":81,"value":760},{"type":76,"tag":743,"props":812,"children":813},{},[814,818],{"type":76,"tag":732,"props":815,"children":816},{},[817],{"type":81,"value":750},{"type":76,"tag":126,"props":819,"children":820},{},[821],{"type":81,"value":135},{"type":76,"tag":147,"props":823,"children":824},{"encoding":149},[825],{"type":81,"value":826},"\\text{Parlay Odds} = \\text{Odds}_1 \\times \\text{Odds}_2 \\times \\text{Odds}_3 \\times ... \\times \\text{Odds}_n\n",{"type":76,"tag":96,"props":828,"children":830},{"className":829,"ariaHidden":157},[156],[831,864,963,1045,1127,1155],{"type":76,"tag":96,"props":832,"children":834},{"className":833},[162],[835,840,849,854,860],{"type":76,"tag":96,"props":836,"children":839},{"className":837,"style":838},[167],"height:0.8889em;vertical-align:-0.1944em;",[],{"type":76,"tag":96,"props":841,"children":843},{"className":842},[173,81],[844],{"type":76,"tag":96,"props":845,"children":847},{"className":846},[173],[848],{"type":81,"value":736},{"type":76,"tag":96,"props":850,"children":853},{"className":851,"style":852},[496],"margin-right:0.2778em;",[],{"type":76,"tag":96,"props":855,"children":858},{"className":856},[857],"mrel",[859],{"type":81,"value":741},{"type":76,"tag":96,"props":861,"children":863},{"className":862,"style":852},[496],[],{"type":76,"tag":96,"props":865,"children":867},{"className":866},[162],[868,873,950,954,959],{"type":76,"tag":96,"props":869,"children":872},{"className":870,"style":871},[167],"height:0.8444em;vertical-align:-0.15em;",[],{"type":76,"tag":96,"props":874,"children":876},{"className":875},[173],[877,886],{"type":76,"tag":96,"props":878,"children":880},{"className":879},[173,81],[881],{"type":76,"tag":96,"props":882,"children":884},{"className":883},[173],[885],{"type":81,"value":750},{"type":76,"tag":96,"props":887,"children":890},{"className":888},[889],"msupsub",[891],{"type":76,"tag":96,"props":892,"children":896},{"className":893},[894,895],"vlist-t","vlist-t2",[897,938],{"type":76,"tag":96,"props":898,"children":901},{"className":899},[900],"vlist-r",[902,931],{"type":76,"tag":96,"props":903,"children":907},{"className":904,"style":906},[905],"vlist","height:0.3011em;",[908],{"type":76,"tag":96,"props":909,"children":911},{"style":910},"top:-2.55em;margin-right:0.05em;",[912,918],{"type":76,"tag":96,"props":913,"children":917},{"className":914,"style":916},[915],"pstrut","height:2.7em;",[],{"type":76,"tag":96,"props":919,"children":925},{"className":920},[921,922,923,924],"sizing","reset-size6","size3","mtight",[926],{"type":76,"tag":96,"props":927,"children":929},{"className":928},[173,924],[930],{"type":81,"value":755},{"type":76,"tag":96,"props":932,"children":935},{"className":933},[934],"vlist-s",[936],{"type":81,"value":937},"​",{"type":76,"tag":96,"props":939,"children":941},{"className":940},[900],[942],{"type":76,"tag":96,"props":943,"children":946},{"className":944,"style":945},[905],"height:0.15em;",[947],{"type":76,"tag":96,"props":948,"children":949},{},[],{"type":76,"tag":96,"props":951,"children":953},{"className":952,"style":497},[496],[],{"type":76,"tag":96,"props":955,"children":957},{"className":956},[502],[958],{"type":81,"value":760},{"type":76,"tag":96,"props":960,"children":962},{"className":961,"style":497},[496],[],{"type":76,"tag":96,"props":964,"children":966},{"className":965},[162],[967,971,1032,1036,1041],{"type":76,"tag":96,"props":968,"children":970},{"className":969,"style":871},[167],[],{"type":76,"tag":96,"props":972,"children":974},{"className":973},[173],[975,984],{"type":76,"tag":96,"props":976,"children":978},{"className":977},[173,81],[979],{"type":76,"tag":96,"props":980,"children":982},{"className":981},[173],[983],{"type":81,"value":750},{"type":76,"tag":96,"props":985,"children":987},{"className":986},[889],[988],{"type":76,"tag":96,"props":989,"children":991},{"className":990},[894,895],[992,1021],{"type":76,"tag":96,"props":993,"children":995},{"className":994},[900],[996,1016],{"type":76,"tag":96,"props":997,"children":999},{"className":998,"style":906},[905],[1000],{"type":76,"tag":96,"props":1001,"children":1002},{"style":910},[1003,1007],{"type":76,"tag":96,"props":1004,"children":1006},{"className":1005,"style":916},[915],[],{"type":76,"tag":96,"props":1008,"children":1010},{"className":1009},[921,922,923,924],[1011],{"type":76,"tag":96,"props":1012,"children":1014},{"className":1013},[173,924],[1015],{"type":81,"value":772},{"type":76,"tag":96,"props":1017,"children":1019},{"className":1018},[934],[1020],{"type":81,"value":937},{"type":76,"tag":96,"props":1022,"children":1024},{"className":1023},[900],[1025],{"type":76,"tag":96,"props":1026,"children":1028},{"className":1027,"style":945},[905],[1029],{"type":76,"tag":96,"props":1030,"children":1031},{},[],{"type":76,"tag":96,"props":1033,"children":1035},{"className":1034,"style":497},[496],[],{"type":76,"tag":96,"props":1037,"children":1039},{"className":1038},[502],[1040],{"type":81,"value":760},{"type":76,"tag":96,"props":1042,"children":1044},{"className":1043,"style":497},[496],[],{"type":76,"tag":96,"props":1046,"children":1048},{"className":1047},[162],[1049,1053,1114,1118,1123],{"type":76,"tag":96,"props":1050,"children":1052},{"className":1051,"style":871},[167],[],{"type":76,"tag":96,"props":1054,"children":1056},{"className":1055},[173],[1057,1066],{"type":76,"tag":96,"props":1058,"children":1060},{"className":1059},[173,81],[1061],{"type":76,"tag":96,"props":1062,"children":1064},{"className":1063},[173],[1065],{"type":81,"value":750},{"type":76,"tag":96,"props":1067,"children":1069},{"className":1068},[889],[1070],{"type":76,"tag":96,"props":1071,"children":1073},{"className":1072},[894,895],[1074,1103],{"type":76,"tag":96,"props":1075,"children":1077},{"className":1076},[900],[1078,1098],{"type":76,"tag":96,"props":1079,"children":1081},{"className":1080,"style":906},[905],[1082],{"type":76,"tag":96,"props":1083,"children":1084},{"style":910},[1085,1089],{"type":76,"tag":96,"props":1086,"children":1088},{"className":1087,"style":916},[915],[],{"type":76,"tag":96,"props":1090,"children":1092},{"className":1091},[921,922,923,924],[1093],{"type":76,"tag":96,"props":1094,"children":1096},{"className":1095},[173,924],[1097],{"type":81,"value":788},{"type":76,"tag":96,"props":1099,"children":1101},{"className":1100},[934],[1102],{"type":81,"value":937},{"type":76,"tag":96,"props":1104,"children":1106},{"className":1105},[900],[1107],{"type":76,"tag":96,"props":1108,"children":1110},{"className":1109,"style":945},[905],[1111],{"type":76,"tag":96,"props":1112,"children":1113},{},[],{"type":76,"tag":96,"props":1115,"children":1117},{"className":1116,"style":497},[496],[],{"type":76,"tag":96,"props":1119,"children":1121},{"className":1120},[502],[1122],{"type":81,"value":760},{"type":76,"tag":96,"props":1124,"children":1126},{"className":1125,"style":497},[496],[],{"type":76,"tag":96,"props":1128,"children":1130},{"className":1129},[162],[1131,1136,1142,1146,1151],{"type":76,"tag":96,"props":1132,"children":1135},{"className":1133,"style":1134},[167],"height:0.6667em;vertical-align:-0.0833em;",[],{"type":76,"tag":96,"props":1137,"children":1139},{"className":1138},[173],[1140],{"type":81,"value":1141},"...",{"type":76,"tag":96,"props":1143,"children":1145},{"className":1144,"style":497},[496],[],{"type":76,"tag":96,"props":1147,"children":1149},{"className":1148},[502],[1150],{"type":81,"value":760},{"type":76,"tag":96,"props":1152,"children":1154},{"className":1153,"style":497},[496],[],{"type":76,"tag":96,"props":1156,"children":1158},{"className":1157},[162],[1159,1163],{"type":76,"tag":96,"props":1160,"children":1162},{"className":1161,"style":871},[167],[],{"type":76,"tag":96,"props":1164,"children":1166},{"className":1165},[173],[1167,1176],{"type":76,"tag":96,"props":1168,"children":1170},{"className":1169},[173,81],[1171],{"type":76,"tag":96,"props":1172,"children":1174},{"className":1173},[173],[1175],{"type":81,"value":750},{"type":76,"tag":96,"props":1177,"children":1179},{"className":1178},[889],[1180],{"type":76,"tag":96,"props":1181,"children":1183},{"className":1182},[894,895],[1184,1214],{"type":76,"tag":96,"props":1185,"children":1187},{"className":1186},[900],[1188,1209],{"type":76,"tag":96,"props":1189,"children":1192},{"className":1190,"style":1191},[905],"height:0.1514em;",[1193],{"type":76,"tag":96,"props":1194,"children":1195},{"style":910},[1196,1200],{"type":76,"tag":96,"props":1197,"children":1199},{"className":1198,"style":916},[915],[],{"type":76,"tag":96,"props":1201,"children":1203},{"className":1202},[921,922,923,924],[1204],{"type":76,"tag":96,"props":1205,"children":1207},{"className":1206},[173,179,924],[1208],{"type":81,"value":135},{"type":76,"tag":96,"props":1210,"children":1212},{"className":1211},[934],[1213],{"type":81,"value":937},{"type":76,"tag":96,"props":1215,"children":1217},{"className":1216},[900],[1218],{"type":76,"tag":96,"props":1219,"children":1221},{"className":1220,"style":945},[905],[1222],{"type":76,"tag":96,"props":1223,"children":1224},{},[],{"type":76,"tag":83,"props":1226,"children":1227},{},[1228],{"type":76,"tag":89,"props":1229,"children":1230},{},[1231],{"type":81,"value":1232},"Example: 4-leg parlay",{"type":76,"tag":202,"props":1234,"children":1235},{},[1236,1241,1246,1251],{"type":76,"tag":206,"props":1237,"children":1238},{},[1239],{"type":81,"value":1240},"Selection 1: 1.80",{"type":76,"tag":206,"props":1242,"children":1243},{},[1244],{"type":81,"value":1245},"Selection 2: 2.10",{"type":76,"tag":206,"props":1247,"children":1248},{},[1249],{"type":81,"value":1250},"Selection 3: 1.65",{"type":76,"tag":206,"props":1252,"children":1253},{},[1254],{"type":81,"value":1255},"Selection 4: 1.90",{"type":76,"tag":96,"props":1257,"children":1259},{"className":1258},[99],[1260,1327],{"type":76,"tag":96,"props":1261,"children":1263},{"className":1262},[104],[1264],{"type":76,"tag":107,"props":1265,"children":1266},{"xmlns":109},[1267],{"type":76,"tag":112,"props":1268,"children":1269},{},[1270,1322],{"type":76,"tag":116,"props":1271,"children":1272},{},[1273,1277,1281,1286,1290,1295,1299,1304,1308,1313,1317],{"type":76,"tag":732,"props":1274,"children":1275},{},[1276],{"type":81,"value":736},{"type":76,"tag":407,"props":1278,"children":1279},{},[1280],{"type":81,"value":741},{"type":76,"tag":120,"props":1282,"children":1283},{},[1284],{"type":81,"value":1285},"1.80",{"type":76,"tag":407,"props":1287,"children":1288},{},[1289],{"type":81,"value":760},{"type":76,"tag":120,"props":1291,"children":1292},{},[1293],{"type":81,"value":1294},"2.10",{"type":76,"tag":407,"props":1296,"children":1297},{},[1298],{"type":81,"value":760},{"type":76,"tag":120,"props":1300,"children":1301},{},[1302],{"type":81,"value":1303},"1.65",{"type":76,"tag":407,"props":1305,"children":1306},{},[1307],{"type":81,"value":760},{"type":76,"tag":120,"props":1309,"children":1310},{},[1311],{"type":81,"value":1312},"1.90",{"type":76,"tag":407,"props":1314,"children":1315},{},[1316],{"type":81,"value":741},{"type":76,"tag":120,"props":1318,"children":1319},{},[1320],{"type":81,"value":1321},"11.85",{"type":76,"tag":147,"props":1323,"children":1324},{"encoding":149},[1325],{"type":81,"value":1326},"\\text{Parlay Odds} = 1.80 \\times 2.10 \\times 1.65 \\times 1.90 = 11.85\n",{"type":76,"tag":96,"props":1328,"children":1330},{"className":1329,"ariaHidden":157},[156],[1331,1361,1388,1414,1440,1467],{"type":76,"tag":96,"props":1332,"children":1334},{"className":1333},[162],[1335,1339,1348,1352,1357],{"type":76,"tag":96,"props":1336,"children":1338},{"className":1337,"style":838},[167],[],{"type":76,"tag":96,"props":1340,"children":1342},{"className":1341},[173,81],[1343],{"type":76,"tag":96,"props":1344,"children":1346},{"className":1345},[173],[1347],{"type":81,"value":736},{"type":76,"tag":96,"props":1349,"children":1351},{"className":1350,"style":852},[496],[],{"type":76,"tag":96,"props":1353,"children":1355},{"className":1354},[857],[1356],{"type":81,"value":741},{"type":76,"tag":96,"props":1358,"children":1360},{"className":1359,"style":852},[496],[],{"type":76,"tag":96,"props":1362,"children":1364},{"className":1363},[162],[1365,1370,1375,1379,1384],{"type":76,"tag":96,"props":1366,"children":1369},{"className":1367,"style":1368},[167],"height:0.7278em;vertical-align:-0.0833em;",[],{"type":76,"tag":96,"props":1371,"children":1373},{"className":1372},[173],[1374],{"type":81,"value":1285},{"type":76,"tag":96,"props":1376,"children":1378},{"className":1377,"style":497},[496],[],{"type":76,"tag":96,"props":1380,"children":1382},{"className":1381},[502],[1383],{"type":81,"value":760},{"type":76,"tag":96,"props":1385,"children":1387},{"className":1386,"style":497},[496],[],{"type":76,"tag":96,"props":1389,"children":1391},{"className":1390},[162],[1392,1396,1401,1405,1410],{"type":76,"tag":96,"props":1393,"children":1395},{"className":1394,"style":1368},[167],[],{"type":76,"tag":96,"props":1397,"children":1399},{"className":1398},[173],[1400],{"type":81,"value":1294},{"type":76,"tag":96,"props":1402,"children":1404},{"className":1403,"style":497},[496],[],{"type":76,"tag":96,"props":1406,"children":1408},{"className":1407},[502],[1409],{"type":81,"value":760},{"type":76,"tag":96,"props":1411,"children":1413},{"className":1412,"style":497},[496],[],{"type":76,"tag":96,"props":1415,"children":1417},{"className":1416},[162],[1418,1422,1427,1431,1436],{"type":76,"tag":96,"props":1419,"children":1421},{"className":1420,"style":1368},[167],[],{"type":76,"tag":96,"props":1423,"children":1425},{"className":1424},[173],[1426],{"type":81,"value":1303},{"type":76,"tag":96,"props":1428,"children":1430},{"className":1429,"style":497},[496],[],{"type":76,"tag":96,"props":1432,"children":1434},{"className":1433},[502],[1435],{"type":81,"value":760},{"type":76,"tag":96,"props":1437,"children":1439},{"className":1438,"style":497},[496],[],{"type":76,"tag":96,"props":1441,"children":1443},{"className":1442},[162],[1444,1449,1454,1458,1463],{"type":76,"tag":96,"props":1445,"children":1448},{"className":1446,"style":1447},[167],"height:0.6444em;",[],{"type":76,"tag":96,"props":1450,"children":1452},{"className":1451},[173],[1453],{"type":81,"value":1312},{"type":76,"tag":96,"props":1455,"children":1457},{"className":1456,"style":852},[496],[],{"type":76,"tag":96,"props":1459,"children":1461},{"className":1460},[857],[1462],{"type":81,"value":741},{"type":76,"tag":96,"props":1464,"children":1466},{"className":1465,"style":852},[496],[],{"type":76,"tag":96,"props":1468,"children":1470},{"className":1469},[162],[1471,1475],{"type":76,"tag":96,"props":1472,"children":1474},{"className":1473,"style":1447},[167],[],{"type":76,"tag":96,"props":1476,"children":1478},{"className":1477},[173],[1479],{"type":81,"value":1321},{"type":76,"tag":83,"props":1481,"children":1482},{},[1483,1583],{"type":76,"tag":96,"props":1484,"children":1486},{"className":1485},[99],[1487,1539],{"type":76,"tag":96,"props":1488,"children":1490},{"className":1489},[104],[1491],{"type":76,"tag":107,"props":1492,"children":1493},{"xmlns":109},[1494],{"type":76,"tag":112,"props":1495,"children":1496},{},[1497,1534],{"type":76,"tag":116,"props":1498,"children":1499},{},[1500,1504,1509,1513,1517,1522,1526,1530],{"type":76,"tag":120,"props":1501,"children":1502},{},[1503],{"type":81,"value":124},{"type":76,"tag":126,"props":1505,"children":1506},{},[1507],{"type":81,"value":1508},"b",{"type":76,"tag":126,"props":1510,"children":1511},{},[1512],{"type":81,"value":375},{"type":76,"tag":126,"props":1514,"children":1515},{},[1516],{"type":81,"value":140},{"type":76,"tag":126,"props":1518,"children":1519},{},[1520],{"type":81,"value":1521},"w",{"type":76,"tag":126,"props":1523,"children":1524},{},[1525],{"type":81,"value":130},{"type":76,"tag":126,"props":1527,"children":1528},{},[1529],{"type":81,"value":135},{"type":76,"tag":126,"props":1531,"children":1532},{},[1533],{"type":81,"value":357},{"type":76,"tag":147,"props":1535,"children":1536},{"encoding":149},[1537],{"type":81,"value":1538},"10 bet wins ",{"type":76,"tag":96,"props":1540,"children":1542},{"className":1541,"ariaHidden":157},[156],[1543],{"type":76,"tag":96,"props":1544,"children":1546},{"className":1545},[162],[1547,1551,1556,1561,1566,1573,1578],{"type":76,"tag":96,"props":1548,"children":1550},{"className":1549,"style":432},[167],[],{"type":76,"tag":96,"props":1552,"children":1554},{"className":1553},[173],[1555],{"type":81,"value":124},{"type":76,"tag":96,"props":1557,"children":1559},{"className":1558},[173,179],[1560],{"type":81,"value":1508},{"type":76,"tag":96,"props":1562,"children":1564},{"className":1563},[173,179],[1565],{"type":81,"value":375},{"type":76,"tag":96,"props":1567,"children":1570},{"className":1568,"style":1569},[173,179],"margin-right:0.0269em;",[1571],{"type":81,"value":1572},"tw",{"type":76,"tag":96,"props":1574,"children":1576},{"className":1575},[173,179],[1577],{"type":81,"value":182},{"type":76,"tag":96,"props":1579,"children":1581},{"className":1580},[173,179],[1582],{"type":81,"value":357},{"type":81,"value":1584},"118.50 total ($108.50 profit).",{"type":76,"tag":282,"props":1586,"children":1588},{"id":1587},"american-odds-conversion",[1589],{"type":81,"value":1590},"American Odds Conversion",{"type":76,"tag":83,"props":1592,"children":1593},{},[1594],{"type":81,"value":1595},"First convert to decimal:",{"type":76,"tag":532,"props":1597,"children":1598},{},[1599,1615],{"type":76,"tag":536,"props":1600,"children":1601},{},[1602],{"type":76,"tag":49,"props":1603,"children":1604},{},[1605,1610],{"type":76,"tag":543,"props":1606,"children":1607},{},[1608],{"type":81,"value":1609},"American",{"type":76,"tag":543,"props":1611,"children":1612},{},[1613],{"type":81,"value":1614},"Decimal",{"type":76,"tag":569,"props":1616,"children":1617},{},[1618,1631,1644,1657],{"type":76,"tag":49,"props":1619,"children":1620},{},[1621,1626],{"type":76,"tag":576,"props":1622,"children":1623},{},[1624],{"type":81,"value":1625},"-110",{"type":76,"tag":576,"props":1627,"children":1628},{},[1629],{"type":81,"value":1630},"1.91",{"type":76,"tag":49,"props":1632,"children":1633},{},[1634,1639],{"type":76,"tag":576,"props":1635,"children":1636},{},[1637],{"type":81,"value":1638},"+150",{"type":76,"tag":576,"props":1640,"children":1641},{},[1642],{"type":81,"value":1643},"2.50",{"type":76,"tag":49,"props":1645,"children":1646},{},[1647,1652],{"type":76,"tag":576,"props":1648,"children":1649},{},[1650],{"type":81,"value":1651},"-200",{"type":76,"tag":576,"props":1653,"children":1654},{},[1655],{"type":81,"value":1656},"1.50",{"type":76,"tag":49,"props":1658,"children":1659},{},[1660,1665],{"type":76,"tag":576,"props":1661,"children":1662},{},[1663],{"type":81,"value":1664},"+200",{"type":76,"tag":576,"props":1666,"children":1667},{},[1668],{"type":81,"value":1669},"3.00",{"type":76,"tag":83,"props":1671,"children":1672},{},[1673],{"type":76,"tag":89,"props":1674,"children":1675},{},[1676],{"type":81,"value":1677},"Formula:",{"type":76,"tag":202,"props":1679,"children":1680},{},[1681,1686],{"type":76,"tag":206,"props":1682,"children":1683},{},[1684],{"type":81,"value":1685},"Positive American: (American \u002F 100) + 1",{"type":76,"tag":206,"props":1687,"children":1688},{},[1689],{"type":81,"value":1690},"Negative American: (100 \u002F |American|) + 1",{"type":76,"tag":282,"props":1692,"children":1694},{"id":1693},"parlay-payout-table",[1695],{"type":81,"value":1696},"Parlay Payout Table",{"type":76,"tag":83,"props":1698,"children":1699},{},[1700],{"type":76,"tag":89,"props":1701,"children":1702},{},[1703],{"type":81,"value":1704},"Standard -110 odds legs:",{"type":76,"tag":532,"props":1706,"children":1707},{},[1708,1734],{"type":76,"tag":536,"props":1709,"children":1710},{},[1711],{"type":76,"tag":49,"props":1712,"children":1713},{},[1714,1719,1724,1729],{"type":76,"tag":543,"props":1715,"children":1716},{},[1717],{"type":81,"value":1718},"Legs",{"type":76,"tag":543,"props":1720,"children":1721},{},[1722],{"type":81,"value":1723},"Combined Odds",{"type":76,"tag":543,"props":1725,"children":1726},{},[1727],{"type":81,"value":1728},"$10 Payout",{"type":76,"tag":543,"props":1730,"children":1731},{},[1732],{"type":81,"value":1733},"Win Probability*",{"type":76,"tag":569,"props":1735,"children":1736},{},[1737,1759,1781,1804,1827,1850,1873],{"type":76,"tag":49,"props":1738,"children":1739},{},[1740,1744,1749,1754],{"type":76,"tag":576,"props":1741,"children":1742},{},[1743],{"type":81,"value":772},{"type":76,"tag":576,"props":1745,"children":1746},{},[1747],{"type":81,"value":1748},"3.65",{"type":76,"tag":576,"props":1750,"children":1751},{},[1752],{"type":81,"value":1753},"$36.50",{"type":76,"tag":576,"props":1755,"children":1756},{},[1757],{"type":81,"value":1758},"27.4%",{"type":76,"tag":49,"props":1760,"children":1761},{},[1762,1766,1771,1776],{"type":76,"tag":576,"props":1763,"children":1764},{},[1765],{"type":81,"value":788},{"type":76,"tag":576,"props":1767,"children":1768},{},[1769],{"type":81,"value":1770},"6.97",{"type":76,"tag":576,"props":1772,"children":1773},{},[1774],{"type":81,"value":1775},"$69.70",{"type":76,"tag":576,"props":1777,"children":1778},{},[1779],{"type":81,"value":1780},"14.3%",{"type":76,"tag":49,"props":1782,"children":1783},{},[1784,1789,1794,1799],{"type":76,"tag":576,"props":1785,"children":1786},{},[1787],{"type":81,"value":1788},"4",{"type":76,"tag":576,"props":1790,"children":1791},{},[1792],{"type":81,"value":1793},"13.31",{"type":76,"tag":576,"props":1795,"children":1796},{},[1797],{"type":81,"value":1798},"$133.10",{"type":76,"tag":576,"props":1800,"children":1801},{},[1802],{"type":81,"value":1803},"7.5%",{"type":76,"tag":49,"props":1805,"children":1806},{},[1807,1812,1817,1822],{"type":76,"tag":576,"props":1808,"children":1809},{},[1810],{"type":81,"value":1811},"5",{"type":76,"tag":576,"props":1813,"children":1814},{},[1815],{"type":81,"value":1816},"25.41",{"type":76,"tag":576,"props":1818,"children":1819},{},[1820],{"type":81,"value":1821},"$254.10",{"type":76,"tag":576,"props":1823,"children":1824},{},[1825],{"type":81,"value":1826},"3.9%",{"type":76,"tag":49,"props":1828,"children":1829},{},[1830,1835,1840,1845],{"type":76,"tag":576,"props":1831,"children":1832},{},[1833],{"type":81,"value":1834},"6",{"type":76,"tag":576,"props":1836,"children":1837},{},[1838],{"type":81,"value":1839},"48.53",{"type":76,"tag":576,"props":1841,"children":1842},{},[1843],{"type":81,"value":1844},"$485.30",{"type":76,"tag":576,"props":1846,"children":1847},{},[1848],{"type":81,"value":1849},"2.1%",{"type":76,"tag":49,"props":1851,"children":1852},{},[1853,1858,1863,1868],{"type":76,"tag":576,"props":1854,"children":1855},{},[1856],{"type":81,"value":1857},"8",{"type":76,"tag":576,"props":1859,"children":1860},{},[1861],{"type":81,"value":1862},"176.86",{"type":76,"tag":576,"props":1864,"children":1865},{},[1866],{"type":81,"value":1867},"$1,768.60",{"type":76,"tag":576,"props":1869,"children":1870},{},[1871],{"type":81,"value":1872},"0.6%",{"type":76,"tag":49,"props":1874,"children":1875},{},[1876,1880,1885,1890],{"type":76,"tag":576,"props":1877,"children":1878},{},[1879],{"type":81,"value":124},{"type":76,"tag":576,"props":1881,"children":1882},{},[1883],{"type":81,"value":1884},"644.26",{"type":76,"tag":576,"props":1886,"children":1887},{},[1888],{"type":81,"value":1889},"$6,442.60",{"type":76,"tag":576,"props":1891,"children":1892},{},[1893],{"type":81,"value":1894},"0.15%",{"type":76,"tag":83,"props":1896,"children":1897},{},[1898],{"type":81,"value":1899},"*Assuming 50% win rate per leg",{"type":76,"tag":77,"props":1901,"children":1903},{"id":1902},"parlay-math-parlay-math",[1904],{"type":81,"value":1905},"Parlay Math {#parlay-math}",{"type":76,"tag":282,"props":1907,"children":1909},{"id":1908},"expected-value-formula",[1910],{"type":81,"value":1911},"Expected Value Formula",{"type":76,"tag":96,"props":1913,"children":1915},{"className":1914},[99],[1916,1977],{"type":76,"tag":96,"props":1917,"children":1919},{"className":1918},[104],[1920],{"type":76,"tag":107,"props":1921,"children":1922},{"xmlns":109},[1923],{"type":76,"tag":112,"props":1924,"children":1925},{},[1926,1972],{"type":76,"tag":116,"props":1927,"children":1928},{},[1929,1934,1938,1944,1949,1953,1958,1963,1968],{"type":76,"tag":732,"props":1930,"children":1931},{},[1932],{"type":81,"value":1933},"EV",{"type":76,"tag":407,"props":1935,"children":1936},{},[1937],{"type":81,"value":741},{"type":76,"tag":407,"props":1939,"children":1941},{"stretchy":1940},"false",[1942],{"type":81,"value":1943},"(",{"type":76,"tag":732,"props":1945,"children":1946},{},[1947],{"type":81,"value":1948},"Win Prob",{"type":76,"tag":407,"props":1950,"children":1951},{},[1952],{"type":81,"value":760},{"type":76,"tag":732,"props":1954,"children":1955},{},[1956],{"type":81,"value":1957},"Payout",{"type":76,"tag":407,"props":1959,"children":1960},{"stretchy":1940},[1961],{"type":81,"value":1962},")",{"type":76,"tag":407,"props":1964,"children":1965},{},[1966],{"type":81,"value":1967},"−",{"type":76,"tag":732,"props":1969,"children":1970},{},[1971],{"type":81,"value":68},{"type":76,"tag":147,"props":1973,"children":1974},{"encoding":149},[1975],{"type":81,"value":1976},"\\text{EV} = (\\text{Win Prob} \\times \\text{Payout}) - \\text{Stake}\n",{"type":76,"tag":96,"props":1978,"children":1980},{"className":1979,"ariaHidden":157},[156],[1981,2012,2049,2085],{"type":76,"tag":96,"props":1982,"children":1984},{"className":1983},[162],[1985,1990,1999,2003,2008],{"type":76,"tag":96,"props":1986,"children":1989},{"className":1987,"style":1988},[167],"height:0.6833em;",[],{"type":76,"tag":96,"props":1991,"children":1993},{"className":1992},[173,81],[1994],{"type":76,"tag":96,"props":1995,"children":1997},{"className":1996},[173],[1998],{"type":81,"value":1933},{"type":76,"tag":96,"props":2000,"children":2002},{"className":2001,"style":852},[496],[],{"type":76,"tag":96,"props":2004,"children":2006},{"className":2005},[857],[2007],{"type":81,"value":741},{"type":76,"tag":96,"props":2009,"children":2011},{"className":2010,"style":852},[496],[],{"type":76,"tag":96,"props":2013,"children":2015},{"className":2014},[162],[2016,2021,2027,2036,2040,2045],{"type":76,"tag":96,"props":2017,"children":2020},{"className":2018,"style":2019},[167],"height:1em;vertical-align:-0.25em;",[],{"type":76,"tag":96,"props":2022,"children":2025},{"className":2023},[2024],"mopen",[2026],{"type":81,"value":1943},{"type":76,"tag":96,"props":2028,"children":2030},{"className":2029},[173,81],[2031],{"type":76,"tag":96,"props":2032,"children":2034},{"className":2033},[173],[2035],{"type":81,"value":1948},{"type":76,"tag":96,"props":2037,"children":2039},{"className":2038,"style":497},[496],[],{"type":76,"tag":96,"props":2041,"children":2043},{"className":2042},[502],[2044],{"type":81,"value":760},{"type":76,"tag":96,"props":2046,"children":2048},{"className":2047,"style":497},[496],[],{"type":76,"tag":96,"props":2050,"children":2052},{"className":2051},[162],[2053,2057,2066,2072,2076,2081],{"type":76,"tag":96,"props":2054,"children":2056},{"className":2055,"style":2019},[167],[],{"type":76,"tag":96,"props":2058,"children":2060},{"className":2059},[173,81],[2061],{"type":76,"tag":96,"props":2062,"children":2064},{"className":2063},[173],[2065],{"type":81,"value":1957},{"type":76,"tag":96,"props":2067,"children":2070},{"className":2068},[2069],"mclose",[2071],{"type":81,"value":1962},{"type":76,"tag":96,"props":2073,"children":2075},{"className":2074,"style":497},[496],[],{"type":76,"tag":96,"props":2077,"children":2079},{"className":2078},[502],[2080],{"type":81,"value":1967},{"type":76,"tag":96,"props":2082,"children":2084},{"className":2083,"style":497},[496],[],{"type":76,"tag":96,"props":2086,"children":2088},{"className":2087},[162],[2089,2093],{"type":76,"tag":96,"props":2090,"children":2092},{"className":2091,"style":432},[167],[],{"type":76,"tag":96,"props":2094,"children":2096},{"className":2095},[173,81],[2097],{"type":76,"tag":96,"props":2098,"children":2100},{"className":2099},[173],[2101],{"type":81,"value":68},{"type":76,"tag":83,"props":2103,"children":2104},{},[2105],{"type":76,"tag":89,"props":2106,"children":2107},{},[2108],{"type":81,"value":2109},"Example: 3-leg parlay at 6.97 odds",{"type":76,"tag":202,"props":2111,"children":2112},{},[2113,2118,2123,2128],{"type":76,"tag":206,"props":2114,"children":2115},{},[2116],{"type":81,"value":2117},"Win probability (50% each leg): 0.5³ = 12.5%",{"type":76,"tag":206,"props":2119,"children":2120},{},[2121],{"type":81,"value":2122},"Fair odds at 12.5%: 8.00",{"type":76,"tag":206,"props":2124,"children":2125},{},[2126],{"type":81,"value":2127},"Actual odds: 6.97",{"type":76,"tag":206,"props":2129,"children":2130},{},[2131,2133,2195,2197],{"type":81,"value":2132},"EV: (0.125 × ",{"type":76,"tag":96,"props":2134,"children":2136},{"className":2135},[99],[2137,2168],{"type":76,"tag":96,"props":2138,"children":2140},{"className":2139},[104],[2141],{"type":76,"tag":107,"props":2142,"children":2143},{"xmlns":109},[2144],{"type":76,"tag":112,"props":2145,"children":2146},{},[2147,2163],{"type":76,"tag":116,"props":2148,"children":2149},{},[2150,2155,2159],{"type":76,"tag":120,"props":2151,"children":2152},{},[2153],{"type":81,"value":2154},"69.70",{"type":76,"tag":407,"props":2156,"children":2157},{"stretchy":1940},[2158],{"type":81,"value":1962},{"type":76,"tag":407,"props":2160,"children":2161},{},[2162],{"type":81,"value":1967},{"type":76,"tag":147,"props":2164,"children":2165},{"encoding":149},[2166],{"type":81,"value":2167},"69.70) - ",{"type":76,"tag":96,"props":2169,"children":2171},{"className":2170,"ariaHidden":157},[156],[2172],{"type":76,"tag":96,"props":2173,"children":2175},{"className":2174},[162],[2176,2180,2185,2190],{"type":76,"tag":96,"props":2177,"children":2179},{"className":2178,"style":2019},[167],[],{"type":76,"tag":96,"props":2181,"children":2183},{"className":2182},[173],[2184],{"type":81,"value":2154},{"type":76,"tag":96,"props":2186,"children":2188},{"className":2187},[2069],[2189],{"type":81,"value":1962},{"type":76,"tag":96,"props":2191,"children":2193},{"className":2192},[173],[2194],{"type":81,"value":1967},{"type":81,"value":2196},"10 = ",{"type":76,"tag":89,"props":2198,"children":2199},{},[2200,2202,2269],{"type":81,"value":2201},"-",{"type":76,"tag":96,"props":2203,"children":2205},{"className":2204},[99],[2206,2241],{"type":76,"tag":96,"props":2207,"children":2209},{"className":2208},[104],[2210],{"type":76,"tag":107,"props":2211,"children":2212},{"xmlns":109},[2213],{"type":76,"tag":112,"props":2214,"children":2215},{},[2216,2236],{"type":76,"tag":116,"props":2217,"children":2218},{},[2219,2224,2228,2232],{"type":76,"tag":120,"props":2220,"children":2221},{},[2222],{"type":81,"value":2223},"1.29",{"type":76,"tag":126,"props":2225,"children":2226},{},[2227],{"type":81,"value":83},{"type":76,"tag":126,"props":2229,"children":2230},{},[2231],{"type":81,"value":375},{"type":76,"tag":126,"props":2233,"children":2234},{},[2235],{"type":81,"value":380},{"type":76,"tag":147,"props":2237,"children":2238},{"encoding":149},[2239],{"type":81,"value":2240},"1.29 per ",{"type":76,"tag":96,"props":2242,"children":2244},{"className":2243,"ariaHidden":157},[156],[2245],{"type":76,"tag":96,"props":2246,"children":2248},{"className":2247},[162],[2249,2254,2259,2264],{"type":76,"tag":96,"props":2250,"children":2253},{"className":2251,"style":2252},[167],"height:0.8389em;vertical-align:-0.1944em;",[],{"type":76,"tag":96,"props":2255,"children":2257},{"className":2256},[173],[2258],{"type":81,"value":2223},{"type":76,"tag":96,"props":2260,"children":2262},{"className":2261},[173,179],[2263],{"type":81,"value":83},{"type":76,"tag":96,"props":2265,"children":2267},{"className":2266,"style":459},[173,179],[2268],{"type":81,"value":462},{"type":81,"value":2270},"10 bet",{"type":76,"tag":282,"props":2272,"children":2274},{"id":2273},"the-margin-problem",[2275],{"type":81,"value":2276},"The Margin Problem",{"type":76,"tag":83,"props":2278,"children":2279},{},[2280],{"type":81,"value":2281},"Every leg includes bookmaker margin, and margins multiply:",{"type":76,"tag":96,"props":2283,"children":2285},{"className":2284},[99],[2286,2351],{"type":76,"tag":96,"props":2287,"children":2289},{"className":2288},[104],[2290],{"type":76,"tag":107,"props":2291,"children":2292},{"xmlns":109},[2293],{"type":76,"tag":112,"props":2294,"children":2295},{},[2296,2346],{"type":76,"tag":116,"props":2297,"children":2298},{},[2299,2304,2308,2312,2316,2321,2326,2338,2342],{"type":76,"tag":732,"props":2300,"children":2301},{},[2302],{"type":81,"value":2303},"Effective Parlay Margin",{"type":76,"tag":407,"props":2305,"children":2306},{},[2307],{"type":81,"value":741},{"type":76,"tag":407,"props":2309,"children":2310},{"stretchy":1940},[2311],{"type":81,"value":1943},{"type":76,"tag":120,"props":2313,"children":2314},{},[2315],{"type":81,"value":755},{"type":76,"tag":407,"props":2317,"children":2318},{},[2319],{"type":81,"value":2320},"+",{"type":76,"tag":732,"props":2322,"children":2323},{},[2324],{"type":81,"value":2325},"Margin per leg",{"type":76,"tag":2327,"props":2328,"children":2329},"msup",{},[2330,2334],{"type":76,"tag":407,"props":2331,"children":2332},{"stretchy":1940},[2333],{"type":81,"value":1962},{"type":76,"tag":126,"props":2335,"children":2336},{},[2337],{"type":81,"value":135},{"type":76,"tag":407,"props":2339,"children":2340},{},[2341],{"type":81,"value":1967},{"type":76,"tag":120,"props":2343,"children":2344},{},[2345],{"type":81,"value":755},{"type":76,"tag":147,"props":2347,"children":2348},{"encoding":149},[2349],{"type":81,"value":2350},"\\text{Effective Parlay Margin} = (1 + \\text{Margin per leg})^n - 1\n",{"type":76,"tag":96,"props":2352,"children":2354},{"className":2353,"ariaHidden":157},[156],[2355,2385,2416,2489],{"type":76,"tag":96,"props":2356,"children":2358},{"className":2357},[162],[2359,2363,2372,2376,2381],{"type":76,"tag":96,"props":2360,"children":2362},{"className":2361,"style":838},[167],[],{"type":76,"tag":96,"props":2364,"children":2366},{"className":2365},[173,81],[2367],{"type":76,"tag":96,"props":2368,"children":2370},{"className":2369},[173],[2371],{"type":81,"value":2303},{"type":76,"tag":96,"props":2373,"children":2375},{"className":2374,"style":852},[496],[],{"type":76,"tag":96,"props":2377,"children":2379},{"className":2378},[857],[2380],{"type":81,"value":741},{"type":76,"tag":96,"props":2382,"children":2384},{"className":2383,"style":852},[496],[],{"type":76,"tag":96,"props":2386,"children":2388},{"className":2387},[162],[2389,2393,2398,2403,2407,2412],{"type":76,"tag":96,"props":2390,"children":2392},{"className":2391,"style":2019},[167],[],{"type":76,"tag":96,"props":2394,"children":2396},{"className":2395},[2024],[2397],{"type":81,"value":1943},{"type":76,"tag":96,"props":2399,"children":2401},{"className":2400},[173],[2402],{"type":81,"value":755},{"type":76,"tag":96,"props":2404,"children":2406},{"className":2405,"style":497},[496],[],{"type":76,"tag":96,"props":2408,"children":2410},{"className":2409},[502],[2411],{"type":81,"value":2320},{"type":76,"tag":96,"props":2413,"children":2415},{"className":2414,"style":497},[496],[],{"type":76,"tag":96,"props":2417,"children":2419},{"className":2418},[162],[2420,2424,2433,2476,2480,2485],{"type":76,"tag":96,"props":2421,"children":2423},{"className":2422,"style":2019},[167],[],{"type":76,"tag":96,"props":2425,"children":2427},{"className":2426},[173,81],[2428],{"type":76,"tag":96,"props":2429,"children":2431},{"className":2430},[173],[2432],{"type":81,"value":2325},{"type":76,"tag":96,"props":2434,"children":2436},{"className":2435},[2069],[2437,2442],{"type":76,"tag":96,"props":2438,"children":2440},{"className":2439},[2069],[2441],{"type":81,"value":1962},{"type":76,"tag":96,"props":2443,"children":2445},{"className":2444},[889],[2446],{"type":76,"tag":96,"props":2447,"children":2449},{"className":2448},[894],[2450],{"type":76,"tag":96,"props":2451,"children":2453},{"className":2452},[900],[2454],{"type":76,"tag":96,"props":2455,"children":2458},{"className":2456,"style":2457},[905],"height:0.6644em;",[2459],{"type":76,"tag":96,"props":2460,"children":2462},{"style":2461},"top:-3.063em;margin-right:0.05em;",[2463,2467],{"type":76,"tag":96,"props":2464,"children":2466},{"className":2465,"style":916},[915],[],{"type":76,"tag":96,"props":2468,"children":2470},{"className":2469},[921,922,923,924],[2471],{"type":76,"tag":96,"props":2472,"children":2474},{"className":2473},[173,179,924],[2475],{"type":81,"value":135},{"type":76,"tag":96,"props":2477,"children":2479},{"className":2478,"style":497},[496],[],{"type":76,"tag":96,"props":2481,"children":2483},{"className":2482},[502],[2484],{"type":81,"value":1967},{"type":76,"tag":96,"props":2486,"children":2488},{"className":2487,"style":497},[496],[],{"type":76,"tag":96,"props":2490,"children":2492},{"className":2491},[162],[2493,2497],{"type":76,"tag":96,"props":2494,"children":2496},{"className":2495,"style":1447},[167],[],{"type":76,"tag":96,"props":2498,"children":2500},{"className":2499},[173],[2501],{"type":81,"value":755},{"type":76,"tag":532,"props":2503,"children":2504},{},[2505,2525],{"type":76,"tag":536,"props":2506,"children":2507},{},[2508],{"type":76,"tag":49,"props":2509,"children":2510},{},[2511,2515,2520],{"type":76,"tag":543,"props":2512,"children":2513},{},[2514],{"type":81,"value":1718},{"type":76,"tag":543,"props":2516,"children":2517},{},[2518],{"type":81,"value":2519},"5% Margin per Leg",{"type":76,"tag":543,"props":2521,"children":2522},{},[2523],{"type":81,"value":2524},"Effective Total Margin",{"type":76,"tag":569,"props":2526,"children":2527},{},[2528,2545,2561,2577,2593],{"type":76,"tag":49,"props":2529,"children":2530},{},[2531,2535,2540],{"type":76,"tag":576,"props":2532,"children":2533},{},[2534],{"type":81,"value":772},{"type":76,"tag":576,"props":2536,"children":2537},{},[2538],{"type":81,"value":2539},"5%",{"type":76,"tag":576,"props":2541,"children":2542},{},[2543],{"type":81,"value":2544},"10.25%",{"type":76,"tag":49,"props":2546,"children":2547},{},[2548,2552,2556],{"type":76,"tag":576,"props":2549,"children":2550},{},[2551],{"type":81,"value":788},{"type":76,"tag":576,"props":2553,"children":2554},{},[2555],{"type":81,"value":2539},{"type":76,"tag":576,"props":2557,"children":2558},{},[2559],{"type":81,"value":2560},"15.76%",{"type":76,"tag":49,"props":2562,"children":2563},{},[2564,2568,2572],{"type":76,"tag":576,"props":2565,"children":2566},{},[2567],{"type":81,"value":1788},{"type":76,"tag":576,"props":2569,"children":2570},{},[2571],{"type":81,"value":2539},{"type":76,"tag":576,"props":2573,"children":2574},{},[2575],{"type":81,"value":2576},"21.55%",{"type":76,"tag":49,"props":2578,"children":2579},{},[2580,2584,2588],{"type":76,"tag":576,"props":2581,"children":2582},{},[2583],{"type":81,"value":1811},{"type":76,"tag":576,"props":2585,"children":2586},{},[2587],{"type":81,"value":2539},{"type":76,"tag":576,"props":2589,"children":2590},{},[2591],{"type":81,"value":2592},"27.63%",{"type":76,"tag":49,"props":2594,"children":2595},{},[2596,2600,2604],{"type":76,"tag":576,"props":2597,"children":2598},{},[2599],{"type":81,"value":124},{"type":76,"tag":576,"props":2601,"children":2602},{},[2603],{"type":81,"value":2539},{"type":76,"tag":576,"props":2605,"children":2606},{},[2607],{"type":81,"value":2608},"62.89%",{"type":76,"tag":83,"props":2610,"children":2611},{},[2612],{"type":76,"tag":89,"props":2613,"children":2614},{},[2615],{"type":81,"value":2616},"A 10-leg parlay with 5% margin pays only 37% of fair value.",{"type":76,"tag":282,"props":2618,"children":2620},{"id":2619},"break-even-win-rates",[2621],{"type":81,"value":2622},"Break-Even Win Rates",{"type":76,"tag":83,"props":2624,"children":2625},{},[2626],{"type":81,"value":2627},"How often you need to win to break even:",{"type":76,"tag":532,"props":2629,"children":2630},{},[2631,2652],{"type":76,"tag":536,"props":2632,"children":2633},{},[2634],{"type":76,"tag":49,"props":2635,"children":2636},{},[2637,2642,2647],{"type":76,"tag":543,"props":2638,"children":2639},{},[2640],{"type":81,"value":2641},"Parlay Type",{"type":76,"tag":543,"props":2643,"children":2644},{},[2645],{"type":81,"value":2646},"At Fair Odds",{"type":76,"tag":543,"props":2648,"children":2649},{},[2650],{"type":81,"value":2651},"At -110 Odds",{"type":76,"tag":569,"props":2653,"children":2654},{},[2655,2672,2689,2706],{"type":76,"tag":49,"props":2656,"children":2657},{},[2658,2663,2668],{"type":76,"tag":576,"props":2659,"children":2660},{},[2661],{"type":81,"value":2662},"2-leg",{"type":76,"tag":576,"props":2664,"children":2665},{},[2666],{"type":81,"value":2667},"25.0%",{"type":76,"tag":576,"props":2669,"children":2670},{},[2671],{"type":81,"value":1758},{"type":76,"tag":49,"props":2673,"children":2674},{},[2675,2680,2685],{"type":76,"tag":576,"props":2676,"children":2677},{},[2678],{"type":81,"value":2679},"3-leg",{"type":76,"tag":576,"props":2681,"children":2682},{},[2683],{"type":81,"value":2684},"12.5%",{"type":76,"tag":576,"props":2686,"children":2687},{},[2688],{"type":81,"value":1780},{"type":76,"tag":49,"props":2690,"children":2691},{},[2692,2697,2702],{"type":76,"tag":576,"props":2693,"children":2694},{},[2695],{"type":81,"value":2696},"4-leg",{"type":76,"tag":576,"props":2698,"children":2699},{},[2700],{"type":81,"value":2701},"6.25%",{"type":76,"tag":576,"props":2703,"children":2704},{},[2705],{"type":81,"value":1803},{"type":76,"tag":49,"props":2707,"children":2708},{},[2709,2714,2719],{"type":76,"tag":576,"props":2710,"children":2711},{},[2712],{"type":81,"value":2713},"5-leg",{"type":76,"tag":576,"props":2715,"children":2716},{},[2717],{"type":81,"value":2718},"3.13%",{"type":76,"tag":576,"props":2720,"children":2721},{},[2722],{"type":81,"value":1826},{"type":76,"tag":83,"props":2724,"children":2725},{},[2726],{"type":81,"value":2727},"You need to outperform break-even consistently to profit.",{"type":76,"tag":77,"props":2729,"children":2731},{"id":2730},"types-of-parlays-types",[2732],{"type":81,"value":2733},"Types of Parlays {#types}",{"type":76,"tag":282,"props":2735,"children":2737},{"id":2736},"standard-parlay",[2738],{"type":81,"value":2739},"Standard Parlay",{"type":76,"tag":83,"props":2741,"children":2742},{},[2743],{"type":81,"value":2744},"All legs independent, all must win. Most common type.",{"type":76,"tag":282,"props":2746,"children":2748},{"id":2747},"teaser",[2749],{"type":81,"value":2750},"Teaser",{"type":76,"tag":83,"props":2752,"children":2753},{},[2754],{"type":81,"value":2755},"Parlay with adjusted point spreads in your favor:",{"type":76,"tag":83,"props":2757,"children":2758},{},[2759],{"type":76,"tag":89,"props":2760,"children":2761},{},[2762],{"type":81,"value":2763},"NFL 6-point teaser example:",{"type":76,"tag":202,"props":2765,"children":2766},{},[2767,2772],{"type":76,"tag":206,"props":2768,"children":2769},{},[2770],{"type":81,"value":2771},"Original: Chiefs -7.5 becomes Chiefs -1.5",{"type":76,"tag":206,"props":2773,"children":2774},{},[2775],{"type":81,"value":2776},"Original: Ravens +3 becomes Ravens +9",{"type":76,"tag":83,"props":2778,"children":2779},{},[2780,2785],{"type":76,"tag":89,"props":2781,"children":2782},{},[2783],{"type":81,"value":2784},"Trade-off:",{"type":81,"value":2786}," Lower odds for easier wins.",{"type":76,"tag":532,"props":2788,"children":2789},{},[2790,2811],{"type":76,"tag":536,"props":2791,"children":2792},{},[2793],{"type":76,"tag":49,"props":2794,"children":2795},{},[2796,2801,2806],{"type":76,"tag":543,"props":2797,"children":2798},{},[2799],{"type":81,"value":2800},"Teaser Points",{"type":76,"tag":543,"props":2802,"children":2803},{},[2804],{"type":81,"value":2805},"2-Team Odds",{"type":76,"tag":543,"props":2807,"children":2808},{},[2809],{"type":81,"value":2810},"3-Team Odds",{"type":76,"tag":569,"props":2812,"children":2813},{},[2814,2831,2849],{"type":76,"tag":49,"props":2815,"children":2816},{},[2817,2822,2826],{"type":76,"tag":576,"props":2818,"children":2819},{},[2820],{"type":81,"value":2821},"6 points",{"type":76,"tag":576,"props":2823,"children":2824},{},[2825],{"type":81,"value":1630},{"type":76,"tag":576,"props":2827,"children":2828},{},[2829],{"type":81,"value":2830},"1.67",{"type":76,"tag":49,"props":2832,"children":2833},{},[2834,2839,2844],{"type":76,"tag":576,"props":2835,"children":2836},{},[2837],{"type":81,"value":2838},"6.5 points",{"type":76,"tag":576,"props":2840,"children":2841},{},[2842],{"type":81,"value":2843},"1.83",{"type":76,"tag":576,"props":2845,"children":2846},{},[2847],{"type":81,"value":2848},"1.59",{"type":76,"tag":49,"props":2850,"children":2851},{},[2852,2857,2862],{"type":76,"tag":576,"props":2853,"children":2854},{},[2855],{"type":81,"value":2856},"7 points",{"type":76,"tag":576,"props":2858,"children":2859},{},[2860],{"type":81,"value":2861},"1.77",{"type":76,"tag":576,"props":2863,"children":2864},{},[2865],{"type":81,"value":1656},{"type":76,"tag":282,"props":2867,"children":2869},{"id":2868},"pleaser-reverse-teaser",[2870],{"type":81,"value":2871},"Pleaser (Reverse Teaser)",{"type":76,"tag":83,"props":2873,"children":2874},{},[2875],{"type":81,"value":2876},"Point spreads move against you for higher odds.",{"type":76,"tag":83,"props":2878,"children":2879},{},[2880],{"type":76,"tag":89,"props":2881,"children":2882},{},[2883],{"type":81,"value":2884},"Example:",{"type":76,"tag":202,"props":2886,"children":2887},{},[2888,2893],{"type":76,"tag":206,"props":2889,"children":2890},{},[2891],{"type":81,"value":2892},"Chiefs -7.5 becomes Chiefs -13.5",{"type":76,"tag":206,"props":2894,"children":2895},{},[2896],{"type":81,"value":2897},"Much higher odds, much lower probability",{"type":76,"tag":282,"props":2899,"children":2901},{"id":2900},"same-game-parlay-sgp",[2902],{"type":81,"value":2903},"Same-Game Parlay (SGP)",{"type":76,"tag":83,"props":2905,"children":2906},{},[2907],{"type":81,"value":2908},"Multiple bets from the same event:",{"type":76,"tag":202,"props":2910,"children":2911},{},[2912,2917,2922],{"type":76,"tag":206,"props":2913,"children":2914},{},[2915],{"type":81,"value":2916},"Team to win",{"type":76,"tag":206,"props":2918,"children":2919},{},[2920],{"type":81,"value":2921},"Player over 25 points",{"type":76,"tag":206,"props":2923,"children":2924},{},[2925],{"type":81,"value":2926},"Total over 220",{"type":76,"tag":83,"props":2928,"children":2929},{},[2930,2935,2937,2942],{"type":76,"tag":89,"props":2931,"children":2932},{},[2933],{"type":81,"value":2934},"Warning:",{"type":81,"value":2936}," Same-game parlays are often ",{"type":76,"tag":89,"props":2938,"children":2939},{},[2940],{"type":81,"value":2941},"correlated",{"type":81,"value":2943},"—if the team wins in a high-scoring game, the player over is more likely. Bookmakers price this correlation in, often unfavorably.",{"type":76,"tag":2945,"props":2946,"children":2948},"callout",{"type":2947},"info",[2949],{"type":76,"tag":83,"props":2950,"children":2951},{},[2952,2957,2959,2968],{"type":76,"tag":89,"props":2953,"children":2954},{},[2955],{"type":81,"value":2956},"Did you know?",{"type":81,"value":2958},"\nYou can sometimes parlay rare prop bets like an ",{"type":76,"tag":89,"props":2960,"children":2961},{},[2962],{"type":76,"tag":210,"props":2963,"children":2965},{"href":2964},"\u002Fglossary\u002Fbetting\u002Foctopus",[2966],{"type":81,"value":2967},"Octopus",{"type":81,"value":2969}," (8 points by one player) with the moneyline for massive odds.",{"type":76,"tag":282,"props":2971,"children":2972},{"id":20},[2973],{"type":81,"value":64},{"type":76,"tag":83,"props":2975,"children":2976},{},[2977],{"type":81,"value":2978},"Multiple parlays from a selection of games:",{"type":76,"tag":202,"props":2980,"children":2981},{},[2982,2987,2992],{"type":76,"tag":206,"props":2983,"children":2984},{},[2985],{"type":81,"value":2986},"Select 4 games",{"type":76,"tag":206,"props":2988,"children":2989},{},[2990],{"type":81,"value":2991},"Generates all possible 2-leg parlays (6 bets)",{"type":76,"tag":206,"props":2993,"children":2994},{},[2995],{"type":81,"value":2996},"Or all 3-leg combinations (4 bets)",{"type":76,"tag":83,"props":2998,"children":2999},{},[3000],{"type":81,"value":3001},"Provides coverage against one loss.",{"type":76,"tag":77,"props":3003,"children":3005},{"id":3004},"parlay-strategy-strategy",[3006],{"type":81,"value":3007},"Parlay Strategy {#strategy}",{"type":76,"tag":282,"props":3009,"children":3011},{"id":3010},"strategy-1-limit-leg-count",[3012],{"type":81,"value":3013},"Strategy 1: Limit Leg Count",{"type":76,"tag":532,"props":3015,"children":3016},{},[3017,3037],{"type":76,"tag":536,"props":3018,"children":3019},{},[3020],{"type":76,"tag":49,"props":3021,"children":3022},{},[3023,3027,3032],{"type":76,"tag":543,"props":3024,"children":3025},{},[3026],{"type":81,"value":1718},{"type":76,"tag":543,"props":3028,"children":3029},{},[3030],{"type":81,"value":3031},"Risk Level",{"type":76,"tag":543,"props":3033,"children":3034},{},[3035],{"type":81,"value":3036},"Recommendation",{"type":76,"tag":569,"props":3038,"children":3039},{},[3040,3057,3075,3093],{"type":76,"tag":49,"props":3041,"children":3042},{},[3043,3047,3052],{"type":76,"tag":576,"props":3044,"children":3045},{},[3046],{"type":81,"value":772},{"type":76,"tag":576,"props":3048,"children":3049},{},[3050],{"type":81,"value":3051},"Low",{"type":76,"tag":576,"props":3053,"children":3054},{},[3055],{"type":81,"value":3056},"Acceptable",{"type":76,"tag":49,"props":3058,"children":3059},{},[3060,3065,3070],{"type":76,"tag":576,"props":3061,"children":3062},{},[3063],{"type":81,"value":3064},"3-4",{"type":76,"tag":576,"props":3066,"children":3067},{},[3068],{"type":81,"value":3069},"Moderate",{"type":76,"tag":576,"props":3071,"children":3072},{},[3073],{"type":81,"value":3074},"Use sparingly",{"type":76,"tag":49,"props":3076,"children":3077},{},[3078,3083,3088],{"type":76,"tag":576,"props":3079,"children":3080},{},[3081],{"type":81,"value":3082},"5-6",{"type":76,"tag":576,"props":3084,"children":3085},{},[3086],{"type":81,"value":3087},"High",{"type":76,"tag":576,"props":3089,"children":3090},{},[3091],{"type":81,"value":3092},"Entertainment only",{"type":76,"tag":49,"props":3094,"children":3095},{},[3096,3101,3106],{"type":76,"tag":576,"props":3097,"children":3098},{},[3099],{"type":81,"value":3100},"7+",{"type":76,"tag":576,"props":3102,"children":3103},{},[3104],{"type":81,"value":3105},"Very high",{"type":76,"tag":576,"props":3107,"children":3108},{},[3109],{"type":81,"value":3110},"Avoid (lottery ticket)",{"type":76,"tag":282,"props":3112,"children":3114},{"id":3113},"strategy-2-use-positive-ev-legs-only",[3115],{"type":81,"value":3116},"Strategy 2: Use Positive EV Legs Only",{"type":76,"tag":83,"props":3118,"children":3119},{},[3120],{"type":81,"value":3121},"If each leg is +EV, the parlay can be +EV:",{"type":76,"tag":83,"props":3123,"children":3124},{},[3125],{"type":76,"tag":89,"props":3126,"children":3127},{},[3128],{"type":81,"value":3129},"Example: Three +3% edge bets",{"type":76,"tag":202,"props":3131,"children":3132},{},[3133,3138],{"type":76,"tag":206,"props":3134,"children":3135},{},[3136],{"type":81,"value":3137},"Individual EV: +3% each",{"type":76,"tag":206,"props":3139,"children":3140},{},[3141],{"type":81,"value":3142},"Combined probability boost compounds",{"type":76,"tag":83,"props":3144,"children":3145},{},[3146],{"type":81,"value":3147},"Only parlay bets you'd make individually.",{"type":76,"tag":282,"props":3149,"children":3151},{"id":3150},"strategy-3-correlated-parlays",[3152],{"type":81,"value":3153},"Strategy 3: Correlated Parlays",{"type":76,"tag":83,"props":3155,"children":3156},{},[3157],{"type":81,"value":3158},"Find legs that are positively correlated:",{"type":76,"tag":532,"props":3160,"children":3161},{},[3162,3178],{"type":76,"tag":536,"props":3163,"children":3164},{},[3165],{"type":76,"tag":49,"props":3166,"children":3167},{},[3168,3173],{"type":76,"tag":543,"props":3169,"children":3170},{},[3171],{"type":81,"value":3172},"Correlated (Good)",{"type":76,"tag":543,"props":3174,"children":3175},{},[3176],{"type":81,"value":3177},"Uncorrelated (Neutral)",{"type":76,"tag":569,"props":3179,"children":3180},{},[3181,3194,3207],{"type":76,"tag":49,"props":3182,"children":3183},{},[3184,3189],{"type":76,"tag":576,"props":3185,"children":3186},{},[3187],{"type":81,"value":3188},"Team wins + Over",{"type":76,"tag":576,"props":3190,"children":3191},{},[3192],{"type":81,"value":3193},"Team A wins + Team B wins",{"type":76,"tag":49,"props":3195,"children":3196},{},[3197,3202],{"type":76,"tag":576,"props":3198,"children":3199},{},[3200],{"type":81,"value":3201},"RB scores + Team covers",{"type":76,"tag":576,"props":3203,"children":3204},{},[3205],{"type":81,"value":3206},"Total points + Player assists",{"type":76,"tag":49,"props":3208,"children":3209},{},[3210,3215],{"type":76,"tag":576,"props":3211,"children":3212},{},[3213],{"type":81,"value":3214},"Rain + Under",{"type":76,"tag":576,"props":3216,"children":3217},{},[3218],{"type":81,"value":3219},"Weather + Spread",{"type":76,"tag":83,"props":3221,"children":3222},{},[3223,3227],{"type":76,"tag":89,"props":3224,"children":3225},{},[3226],{"type":81,"value":2934},{"type":81,"value":3228}," Most same-game parlays are priced to eliminate correlation value.",{"type":76,"tag":282,"props":3230,"children":3232},{"id":3231},"strategy-4-shop-lines",[3233],{"type":81,"value":3234},"Strategy 4: Shop Lines",{"type":76,"tag":83,"props":3236,"children":3237},{},[3238],{"type":81,"value":3239},"Different books offer different parlay odds:",{"type":76,"tag":532,"props":3241,"children":3242},{},[3243,3259],{"type":76,"tag":536,"props":3244,"children":3245},{},[3246],{"type":76,"tag":49,"props":3247,"children":3248},{},[3249,3254],{"type":76,"tag":543,"props":3250,"children":3251},{},[3252],{"type":81,"value":3253},"Bookmaker",{"type":76,"tag":543,"props":3255,"children":3256},{},[3257],{"type":81,"value":3258},"3-Leg Parlay (-110 legs)",{"type":76,"tag":569,"props":3260,"children":3261},{},[3262,3275,3288],{"type":76,"tag":49,"props":3263,"children":3264},{},[3265,3270],{"type":76,"tag":576,"props":3266,"children":3267},{},[3268],{"type":81,"value":3269},"Book A",{"type":76,"tag":576,"props":3271,"children":3272},{},[3273],{"type":81,"value":3274},"6.00",{"type":76,"tag":49,"props":3276,"children":3277},{},[3278,3283],{"type":76,"tag":576,"props":3279,"children":3280},{},[3281],{"type":81,"value":3282},"Book B",{"type":76,"tag":576,"props":3284,"children":3285},{},[3286],{"type":81,"value":3287},"6.50",{"type":76,"tag":49,"props":3289,"children":3290},{},[3291,3296],{"type":76,"tag":576,"props":3292,"children":3293},{},[3294],{"type":81,"value":3295},"Book C",{"type":76,"tag":576,"props":3297,"children":3298},{},[3299],{"type":81,"value":1770},{"type":76,"tag":83,"props":3301,"children":3302},{},[3303],{"type":81,"value":3304},"8% difference on identical selections.",{"type":76,"tag":282,"props":3306,"children":3308},{"id":3307},"strategy-5-use-parlay-insurance",[3309],{"type":81,"value":3310},"Strategy 5: Use Parlay Insurance",{"type":76,"tag":83,"props":3312,"children":3313},{},[3314],{"type":81,"value":3315},"Some books offer \"one-leg insurance\" on 4+ leg parlays:",{"type":76,"tag":202,"props":3317,"children":3318},{},[3319,3324],{"type":76,"tag":206,"props":3320,"children":3321},{},[3322],{"type":81,"value":3323},"If exactly one leg loses, refund as free bet",{"type":76,"tag":206,"props":3325,"children":3326},{},[3327],{"type":81,"value":3328},"Changes the math significantly",{"type":76,"tag":96,"props":3330,"children":3332},{"className":3331},[99],[3333,3395],{"type":76,"tag":96,"props":3334,"children":3336},{"className":3335},[104],[3337],{"type":76,"tag":107,"props":3338,"children":3339},{"xmlns":109},[3340],{"type":76,"tag":112,"props":3341,"children":3342},{},[3343,3390],{"type":76,"tag":116,"props":3344,"children":3345},{},[3346,3351,3355,3360,3364,3369,3373,3377,3381,3385],{"type":76,"tag":732,"props":3347,"children":3348},{},[3349],{"type":81,"value":3350},"Insurance Value",{"type":76,"tag":407,"props":3352,"children":3353},{},[3354],{"type":81,"value":741},{"type":76,"tag":126,"props":3356,"children":3357},{},[3358],{"type":81,"value":3359},"P",{"type":76,"tag":407,"props":3361,"children":3362},{"stretchy":1940},[3363],{"type":81,"value":1943},{"type":76,"tag":732,"props":3365,"children":3366},{},[3367],{"type":81,"value":3368},"exactly 1 loss",{"type":76,"tag":407,"props":3370,"children":3371},{"stretchy":1940},[3372],{"type":81,"value":1962},{"type":76,"tag":407,"props":3374,"children":3375},{},[3376],{"type":81,"value":760},{"type":76,"tag":732,"props":3378,"children":3379},{},[3380],{"type":81,"value":68},{"type":76,"tag":407,"props":3382,"children":3383},{},[3384],{"type":81,"value":760},{"type":76,"tag":732,"props":3386,"children":3387},{},[3388],{"type":81,"value":3389},"Free Bet Conversion",{"type":76,"tag":147,"props":3391,"children":3392},{"encoding":149},[3393],{"type":81,"value":3394},"\\text{Insurance Value} = P(\\text{exactly 1 loss}) \\times \\text{Stake} \\times \\text{Free Bet Conversion}\n",{"type":76,"tag":96,"props":3396,"children":3398},{"className":3397,"ariaHidden":157},[156],[3399,3429,3475,3506],{"type":76,"tag":96,"props":3400,"children":3402},{"className":3401},[162],[3403,3407,3416,3420,3425],{"type":76,"tag":96,"props":3404,"children":3406},{"className":3405,"style":432},[167],[],{"type":76,"tag":96,"props":3408,"children":3410},{"className":3409},[173,81],[3411],{"type":76,"tag":96,"props":3412,"children":3414},{"className":3413},[173],[3415],{"type":81,"value":3350},{"type":76,"tag":96,"props":3417,"children":3419},{"className":3418,"style":852},[496],[],{"type":76,"tag":96,"props":3421,"children":3423},{"className":3422},[857],[3424],{"type":81,"value":741},{"type":76,"tag":96,"props":3426,"children":3428},{"className":3427,"style":852},[496],[],{"type":76,"tag":96,"props":3430,"children":3432},{"className":3431},[162],[3433,3437,3443,3448,3457,3462,3466,3471],{"type":76,"tag":96,"props":3434,"children":3436},{"className":3435,"style":2019},[167],[],{"type":76,"tag":96,"props":3438,"children":3441},{"className":3439,"style":3440},[173,179],"margin-right:0.1389em;",[3442],{"type":81,"value":3359},{"type":76,"tag":96,"props":3444,"children":3446},{"className":3445},[2024],[3447],{"type":81,"value":1943},{"type":76,"tag":96,"props":3449,"children":3451},{"className":3450},[173,81],[3452],{"type":76,"tag":96,"props":3453,"children":3455},{"className":3454},[173],[3456],{"type":81,"value":3368},{"type":76,"tag":96,"props":3458,"children":3460},{"className":3459},[2069],[3461],{"type":81,"value":1962},{"type":76,"tag":96,"props":3463,"children":3465},{"className":3464,"style":497},[496],[],{"type":76,"tag":96,"props":3467,"children":3469},{"className":3468},[502],[3470],{"type":81,"value":760},{"type":76,"tag":96,"props":3472,"children":3474},{"className":3473,"style":497},[496],[],{"type":76,"tag":96,"props":3476,"children":3478},{"className":3477},[162],[3479,3484,3493,3497,3502],{"type":76,"tag":96,"props":3480,"children":3483},{"className":3481,"style":3482},[167],"height:0.7778em;vertical-align:-0.0833em;",[],{"type":76,"tag":96,"props":3485,"children":3487},{"className":3486},[173,81],[3488],{"type":76,"tag":96,"props":3489,"children":3491},{"className":3490},[173],[3492],{"type":81,"value":68},{"type":76,"tag":96,"props":3494,"children":3496},{"className":3495,"style":497},[496],[],{"type":76,"tag":96,"props":3498,"children":3500},{"className":3499},[502],[3501],{"type":81,"value":760},{"type":76,"tag":96,"props":3503,"children":3505},{"className":3504,"style":497},[496],[],{"type":76,"tag":96,"props":3507,"children":3509},{"className":3508},[162],[3510,3514],{"type":76,"tag":96,"props":3511,"children":3513},{"className":3512,"style":1988},[167],[],{"type":76,"tag":96,"props":3515,"children":3517},{"className":3516},[173,81],[3518],{"type":76,"tag":96,"props":3519,"children":3521},{"className":3520},[173],[3522],{"type":81,"value":3389},{"type":76,"tag":77,"props":3524,"children":3526},{"id":3525},"when-parlays-make-sense-when-to-parlay",[3527],{"type":81,"value":3528},"When Parlays Make Sense {#when-to-parlay}",{"type":76,"tag":282,"props":3530,"children":3532},{"id":3531},"good-reasons-to-parlay",[3533],{"type":81,"value":3534},"Good Reasons to Parlay",{"type":76,"tag":532,"props":3536,"children":3537},{},[3538,3554],{"type":76,"tag":536,"props":3539,"children":3540},{},[3541],{"type":76,"tag":49,"props":3542,"children":3543},{},[3544,3549],{"type":76,"tag":543,"props":3545,"children":3546},{},[3547],{"type":81,"value":3548},"Reason",{"type":76,"tag":543,"props":3550,"children":3551},{},[3552],{"type":81,"value":3553},"Explanation",{"type":76,"tag":569,"props":3555,"children":3556},{},[3557,3570,3583,3596,3609],{"type":76,"tag":49,"props":3558,"children":3559},{},[3560,3565],{"type":76,"tag":576,"props":3561,"children":3562},{},[3563],{"type":81,"value":3564},"Correlation exists",{"type":76,"tag":576,"props":3566,"children":3567},{},[3568],{"type":81,"value":3569},"Legs are positively linked",{"type":76,"tag":49,"props":3571,"children":3572},{},[3573,3578],{"type":76,"tag":576,"props":3574,"children":3575},{},[3576],{"type":81,"value":3577},"Entertainment value",{"type":76,"tag":576,"props":3579,"children":3580},{},[3581],{"type":81,"value":3582},"Small stake for excitement",{"type":76,"tag":49,"props":3584,"children":3585},{},[3586,3591],{"type":76,"tag":576,"props":3587,"children":3588},{},[3589],{"type":81,"value":3590},"Circumvent limits",{"type":76,"tag":576,"props":3592,"children":3593},{},[3594],{"type":81,"value":3595},"Combine limited bets",{"type":76,"tag":49,"props":3597,"children":3598},{},[3599,3604],{"type":76,"tag":576,"props":3600,"children":3601},{},[3602],{"type":81,"value":3603},"Maximize promotions",{"type":76,"tag":576,"props":3605,"children":3606},{},[3607],{"type":81,"value":3608},"Parlay boosts\u002Finsurance",{"type":76,"tag":49,"props":3610,"children":3611},{},[3612,3617],{"type":76,"tag":576,"props":3613,"children":3614},{},[3615],{"type":81,"value":3616},"All legs are +EV",{"type":76,"tag":576,"props":3618,"children":3619},{},[3620],{"type":81,"value":3621},"Each selection has edge",{"type":76,"tag":282,"props":3623,"children":3625},{"id":3624},"bad-reasons-to-parlay",[3626],{"type":81,"value":3627},"Bad Reasons to Parlay",{"type":76,"tag":532,"props":3629,"children":3630},{},[3631,3646],{"type":76,"tag":536,"props":3632,"children":3633},{},[3634],{"type":76,"tag":49,"props":3635,"children":3636},{},[3637,3641],{"type":76,"tag":543,"props":3638,"children":3639},{},[3640],{"type":81,"value":3548},{"type":76,"tag":543,"props":3642,"children":3643},{},[3644],{"type":81,"value":3645},"Why It's Wrong",{"type":76,"tag":569,"props":3647,"children":3648},{},[3649,3662,3675,3688],{"type":76,"tag":49,"props":3650,"children":3651},{},[3652,3657],{"type":76,"tag":576,"props":3653,"children":3654},{},[3655],{"type":81,"value":3656},"\"Locks\" to win",{"type":76,"tag":576,"props":3658,"children":3659},{},[3660],{"type":81,"value":3661},"No bet is certain",{"type":76,"tag":49,"props":3663,"children":3664},{},[3665,3670],{"type":76,"tag":576,"props":3666,"children":3667},{},[3668],{"type":81,"value":3669},"Bigger potential payout",{"type":76,"tag":576,"props":3671,"children":3672},{},[3673],{"type":81,"value":3674},"Higher payout = higher risk",{"type":76,"tag":49,"props":3676,"children":3677},{},[3678,3683],{"type":76,"tag":576,"props":3679,"children":3680},{},[3681],{"type":81,"value":3682},"Following tipsters",{"type":76,"tag":576,"props":3684,"children":3685},{},[3686],{"type":81,"value":3687},"Their parlays have same -EV",{"type":76,"tag":49,"props":3689,"children":3690},{},[3691,3696],{"type":76,"tag":576,"props":3692,"children":3693},{},[3694],{"type":81,"value":3695},"Chase losses",{"type":76,"tag":576,"props":3697,"children":3698},{},[3699],{"type":81,"value":3700},"Parlays won't recover losses",{"type":76,"tag":282,"props":3702,"children":3704},{"id":3703},"expected-outcomes",[3705],{"type":81,"value":3706},"Expected Outcomes",{"type":76,"tag":83,"props":3708,"children":3709},{},[3710],{"type":81,"value":3711},"Over 1000 parlay bets at various leg counts:",{"type":76,"tag":532,"props":3713,"children":3714},{},[3715,3735],{"type":76,"tag":536,"props":3716,"children":3717},{},[3718],{"type":76,"tag":49,"props":3719,"children":3720},{},[3721,3725,3730],{"type":76,"tag":543,"props":3722,"children":3723},{},[3724],{"type":81,"value":1718},{"type":76,"tag":543,"props":3726,"children":3727},{},[3728],{"type":81,"value":3729},"Expected Wins",{"type":76,"tag":543,"props":3731,"children":3732},{},[3733],{"type":81,"value":3734},"Typical P\u002FL",{"type":76,"tag":569,"props":3736,"children":3737},{},[3738,3755,3772,3789],{"type":76,"tag":49,"props":3739,"children":3740},{},[3741,3745,3750],{"type":76,"tag":576,"props":3742,"children":3743},{},[3744],{"type":81,"value":772},{"type":76,"tag":576,"props":3746,"children":3747},{},[3748],{"type":81,"value":3749},"274",{"type":76,"tag":576,"props":3751,"children":3752},{},[3753],{"type":81,"value":3754},"-$260",{"type":76,"tag":49,"props":3756,"children":3757},{},[3758,3762,3767],{"type":76,"tag":576,"props":3759,"children":3760},{},[3761],{"type":81,"value":788},{"type":76,"tag":576,"props":3763,"children":3764},{},[3765],{"type":81,"value":3766},"143",{"type":76,"tag":576,"props":3768,"children":3769},{},[3770],{"type":81,"value":3771},"-$400",{"type":76,"tag":49,"props":3773,"children":3774},{},[3775,3779,3784],{"type":76,"tag":576,"props":3776,"children":3777},{},[3778],{"type":81,"value":1788},{"type":76,"tag":576,"props":3780,"children":3781},{},[3782],{"type":81,"value":3783},"75",{"type":76,"tag":576,"props":3785,"children":3786},{},[3787],{"type":81,"value":3788},"-$500",{"type":76,"tag":49,"props":3790,"children":3791},{},[3792,3796,3801],{"type":76,"tag":576,"props":3793,"children":3794},{},[3795],{"type":81,"value":1811},{"type":76,"tag":576,"props":3797,"children":3798},{},[3799],{"type":81,"value":3800},"39",{"type":76,"tag":576,"props":3802,"children":3803},{},[3804],{"type":81,"value":3805},"-$600",{"type":76,"tag":83,"props":3807,"children":3808},{},[3809],{"type":81,"value":3810},"Losing is expected. Size stakes accordingly.",{"type":76,"tag":77,"props":3812,"children":3814},{"id":3813},"common-mistakes-mistakes",[3815],{"type":81,"value":3816},"Common Mistakes {#mistakes}",{"type":76,"tag":282,"props":3818,"children":3820},{"id":3819},"mistake-1-too-many-legs",[3821],{"type":81,"value":3822},"Mistake 1: Too Many Legs",{"type":76,"tag":83,"props":3824,"children":3825},{},[3826],{"type":81,"value":3827},"Every additional leg multiplies risk. 5-leg parlays have ~4% win rate.",{"type":76,"tag":83,"props":3829,"children":3830},{},[3831,3836],{"type":76,"tag":89,"props":3832,"children":3833},{},[3834],{"type":81,"value":3835},"Solution:",{"type":81,"value":3837}," Stick to 2-3 legs maximum for regular betting.",{"type":76,"tag":282,"props":3839,"children":3841},{"id":3840},"mistake-2-including-heavy-favorites",[3842],{"type":81,"value":3843},"Mistake 2: Including Heavy Favorites",{"type":76,"tag":83,"props":3845,"children":3846},{},[3847],{"type":81,"value":3848},"-300 favorite adds only 1.33x to odds but still requires a win.",{"type":76,"tag":83,"props":3850,"children":3851},{},[3852],{"type":76,"tag":89,"props":3853,"children":3854},{},[3855],{"type":81,"value":2884},{"type":76,"tag":202,"props":3857,"children":3858},{},[3859,3864,3869],{"type":76,"tag":206,"props":3860,"children":3861},{},[3862],{"type":81,"value":3863},"3 favorites at 1.25, 1.30, 1.33",{"type":76,"tag":206,"props":3865,"children":3866},{},[3867],{"type":81,"value":3868},"Combined odds: 2.16",{"type":76,"tag":206,"props":3870,"children":3871},{},[3872],{"type":81,"value":3873},"If one loses, you lose entire bet",{"type":76,"tag":83,"props":3875,"children":3876},{},[3877,3881],{"type":76,"tag":89,"props":3878,"children":3879},{},[3880],{"type":81,"value":3835},{"type":81,"value":3882}," Heavy favorites add risk without proportional reward.",{"type":76,"tag":282,"props":3884,"children":3886},{"id":3885},"mistake-3-chasing-yesterdays-losses",[3887],{"type":81,"value":3888},"Mistake 3: Chasing Yesterday's Losses",{"type":76,"tag":83,"props":3890,"children":3891},{},[3892],{"type":81,"value":3893},"Parlays seem like a way to recover losses quickly. They're not.",{"type":76,"tag":532,"props":3895,"children":3896},{},[3897,3913],{"type":76,"tag":536,"props":3898,"children":3899},{},[3900],{"type":76,"tag":49,"props":3901,"children":3902},{},[3903,3908],{"type":76,"tag":543,"props":3904,"children":3905},{},[3906],{"type":81,"value":3907},"Chase Strategy",{"type":76,"tag":543,"props":3909,"children":3910},{},[3911],{"type":81,"value":3912},"Expected Outcome",{"type":76,"tag":569,"props":3914,"children":3915},{},[3916,4096],{"type":76,"tag":49,"props":3917,"children":3918},{},[3919,4091],{"type":76,"tag":576,"props":3920,"children":3921},{},[3922,4089],{"type":76,"tag":96,"props":3923,"children":3925},{"className":3924},[99],[3926,4013],{"type":76,"tag":96,"props":3927,"children":3929},{"className":3928},[104],[3930],{"type":76,"tag":107,"props":3931,"children":3932},{"xmlns":109},[3933],{"type":76,"tag":112,"props":3934,"children":3935},{},[3936,4008],{"type":76,"tag":116,"props":3937,"children":3938},{},[3939,3944,3948,3952,3956,3961,3965,3970,3974,3978,3982,3986,3991,3995,4000,4004],{"type":76,"tag":120,"props":3940,"children":3941},{},[3942],{"type":81,"value":3943},"50",{"type":76,"tag":126,"props":3945,"children":3946},{},[3947],{"type":81,"value":83},{"type":76,"tag":126,"props":3949,"children":3950},{},[3951],{"type":81,"value":210},{"type":76,"tag":126,"props":3953,"children":3954},{},[3955],{"type":81,"value":380},{"type":76,"tag":126,"props":3957,"children":3958},{},[3959],{"type":81,"value":3960},"l",{"type":76,"tag":126,"props":3962,"children":3963},{},[3964],{"type":81,"value":210},{"type":76,"tag":126,"props":3966,"children":3967},{},[3968],{"type":81,"value":3969},"y",{"type":76,"tag":126,"props":3971,"children":3972},{},[3973],{"type":81,"value":140},{"type":76,"tag":126,"props":3975,"children":3976},{},[3977],{"type":81,"value":145},{"type":76,"tag":126,"props":3979,"children":3980},{},[3981],{"type":81,"value":380},{"type":76,"tag":126,"props":3983,"children":3984},{},[3985],{"type":81,"value":375},{"type":76,"tag":126,"props":3987,"children":3988},{},[3989],{"type":81,"value":3990},"c",{"type":76,"tag":126,"props":3992,"children":3993},{},[3994],{"type":81,"value":145},{"type":76,"tag":126,"props":3996,"children":3997},{},[3998],{"type":81,"value":3999},"v",{"type":76,"tag":126,"props":4001,"children":4002},{},[4003],{"type":81,"value":375},{"type":76,"tag":126,"props":4005,"children":4006},{},[4007],{"type":81,"value":380},{"type":76,"tag":147,"props":4009,"children":4010},{"encoding":149},[4011],{"type":81,"value":4012},"50 parlay to recover ",{"type":76,"tag":96,"props":4014,"children":4016},{"className":4015,"ariaHidden":157},[156],[4017],{"type":76,"tag":96,"props":4018,"children":4020},{"className":4019},[162],[4021,4025,4030,4035,4040,4045,4051,4056,4062,4067,4073,4079,4084],{"type":76,"tag":96,"props":4022,"children":4024},{"className":4023,"style":838},[167],[],{"type":76,"tag":96,"props":4026,"children":4028},{"className":4027},[173],[4029],{"type":81,"value":3943},{"type":76,"tag":96,"props":4031,"children":4033},{"className":4032},[173,179],[4034],{"type":81,"value":83},{"type":76,"tag":96,"props":4036,"children":4038},{"className":4037},[173,179],[4039],{"type":81,"value":210},{"type":76,"tag":96,"props":4041,"children":4043},{"className":4042,"style":459},[173,179],[4044],{"type":81,"value":380},{"type":76,"tag":96,"props":4046,"children":4049},{"className":4047,"style":4048},[173,179],"margin-right:0.0197em;",[4050],{"type":81,"value":3960},{"type":76,"tag":96,"props":4052,"children":4054},{"className":4053},[173,179],[4055],{"type":81,"value":210},{"type":76,"tag":96,"props":4057,"children":4060},{"className":4058,"style":4059},[173,179],"margin-right:0.0359em;",[4061],{"type":81,"value":3969},{"type":76,"tag":96,"props":4063,"children":4065},{"className":4064},[173,179],[4066],{"type":81,"value":140},{"type":76,"tag":96,"props":4068,"children":4070},{"className":4069,"style":459},[173,179],[4071],{"type":81,"value":4072},"or",{"type":76,"tag":96,"props":4074,"children":4076},{"className":4075},[173,179],[4077],{"type":81,"value":4078},"eco",{"type":76,"tag":96,"props":4080,"children":4082},{"className":4081,"style":4059},[173,179],[4083],{"type":81,"value":3999},{"type":76,"tag":96,"props":4085,"children":4087},{"className":4086,"style":459},[173,179],[4088],{"type":81,"value":462},{"type":81,"value":4090},"100",{"type":76,"tag":576,"props":4092,"children":4093},{},[4094],{"type":81,"value":4095},"~-$7 expected",{"type":76,"tag":49,"props":4097,"children":4098},{},[4099,4104],{"type":76,"tag":576,"props":4100,"children":4101},{},[4102],{"type":81,"value":4103},"Double down on losses",{"type":76,"tag":576,"props":4105,"children":4106},{},[4107],{"type":81,"value":4108},"Faster bankroll drain",{"type":76,"tag":83,"props":4110,"children":4111},{},[4112,4116],{"type":76,"tag":89,"props":4113,"children":4114},{},[4115],{"type":81,"value":3835},{"type":81,"value":4117}," Flat betting, proper bankroll management.",{"type":76,"tag":282,"props":4119,"children":4121},{"id":4120},"mistake-4-ignoring-same-game-correlation-pricing",[4122],{"type":81,"value":4123},"Mistake 4: Ignoring Same-Game Correlation Pricing",{"type":76,"tag":83,"props":4125,"children":4126},{},[4127],{"type":81,"value":4128},"SGPs look like value because legs seem correlated. Books price this in.",{"type":76,"tag":83,"props":4130,"children":4131},{},[4132,4137],{"type":76,"tag":89,"props":4133,"children":4134},{},[4135],{"type":81,"value":4136},"Reality check:",{"type":81,"value":4138}," Compare SGP odds to same legs as separate bets. Often 20-40% worse.",{"type":76,"tag":282,"props":4140,"children":4142},{"id":4141},"mistake-5-betting-large-stakes",[4143],{"type":81,"value":4144},"Mistake 5: Betting Large Stakes",{"type":76,"tag":83,"props":4146,"children":4147},{},[4148],{"type":81,"value":4149},"Parlays should be small-stake entertainment, not core strategy.",{"type":76,"tag":532,"props":4151,"children":4152},{},[4153,4169],{"type":76,"tag":536,"props":4154,"children":4155},{},[4156],{"type":76,"tag":49,"props":4157,"children":4158},{},[4159,4164],{"type":76,"tag":543,"props":4160,"children":4161},{},[4162],{"type":81,"value":4163},"Stake Size",{"type":76,"tag":543,"props":4165,"children":4166},{},[4167],{"type":81,"value":4168},"Appropriate Use",{"type":76,"tag":569,"props":4170,"children":4171},{},[4172,4185,4198],{"type":76,"tag":49,"props":4173,"children":4174},{},[4175,4180],{"type":76,"tag":576,"props":4176,"children":4177},{},[4178],{"type":81,"value":4179},"0.5-1% bankroll",{"type":76,"tag":576,"props":4181,"children":4182},{},[4183],{"type":81,"value":4184},"Entertainment parlays",{"type":76,"tag":49,"props":4186,"children":4187},{},[4188,4193],{"type":76,"tag":576,"props":4189,"children":4190},{},[4191],{"type":81,"value":4192},"2-3% bankroll",{"type":76,"tag":576,"props":4194,"children":4195},{},[4196],{"type":81,"value":4197},"High-conviction 2-leggers",{"type":76,"tag":49,"props":4199,"children":4200},{},[4201,4206],{"type":76,"tag":576,"props":4202,"children":4203},{},[4204],{"type":81,"value":4205},"5%+ bankroll",{"type":76,"tag":576,"props":4207,"children":4208},{},[4209],{"type":81,"value":4210},"Never on parlays",{"type":76,"tag":77,"props":4212,"children":4214},{"id":4213},"parlay-vs-straight-bets-comparison",[4215],{"type":81,"value":4216},"Parlay vs Straight Bets {#comparison}",{"type":76,"tag":282,"props":4218,"children":4220},{"id":4219},"mathematical-comparison",[4221],{"type":81,"value":4222},"Mathematical Comparison",{"type":76,"tag":83,"props":4224,"children":4225},{},[4226],{"type":81,"value":4227},"$100 total budget, three games:",{"type":76,"tag":83,"props":4229,"children":4230},{},[4231],{"type":76,"tag":89,"props":4232,"children":4233},{},[4234],{"type":81,"value":4235},"Option A: Three straight bets ($33.33 each at 1.91)",{"type":76,"tag":202,"props":4237,"children":4238},{},[4239,4244,4249,4254],{"type":76,"tag":206,"props":4240,"children":4241},{},[4242],{"type":81,"value":4243},"3 wins: +$100.30",{"type":76,"tag":206,"props":4245,"children":4246},{},[4247],{"type":81,"value":4248},"2 wins: +$30.00",{"type":76,"tag":206,"props":4250,"children":4251},{},[4252],{"type":81,"value":4253},"1 win: -$36.66",{"type":76,"tag":206,"props":4255,"children":4256},{},[4257],{"type":81,"value":4258},"0 wins: -$100.00",{"type":76,"tag":83,"props":4260,"children":4261},{},[4262],{"type":76,"tag":89,"props":4263,"children":4264},{},[4265],{"type":81,"value":4266},"Option B: One 3-leg parlay ($100 at 6.97)",{"type":76,"tag":202,"props":4268,"children":4269},{},[4270,4275,4280,4285],{"type":76,"tag":206,"props":4271,"children":4272},{},[4273],{"type":81,"value":4274},"3 wins: +$597.00",{"type":76,"tag":206,"props":4276,"children":4277},{},[4278],{"type":81,"value":4279},"2 wins: -$100.00",{"type":76,"tag":206,"props":4281,"children":4282},{},[4283],{"type":81,"value":4284},"1 win: -$100.00",{"type":76,"tag":206,"props":4286,"children":4287},{},[4288],{"type":81,"value":4258},{"type":76,"tag":83,"props":4290,"children":4291},{},[4292],{"type":81,"value":4293},"Straight bets provide more winning scenarios and lower variance.",{"type":76,"tag":282,"props":4295,"children":4297},{"id":4296},"when-each-is-better",[4298],{"type":81,"value":4299},"When Each Is Better",{"type":76,"tag":532,"props":4301,"children":4302},{},[4303,4319],{"type":76,"tag":536,"props":4304,"children":4305},{},[4306],{"type":76,"tag":49,"props":4307,"children":4308},{},[4309,4314],{"type":76,"tag":543,"props":4310,"children":4311},{},[4312],{"type":81,"value":4313},"Situation",{"type":76,"tag":543,"props":4315,"children":4316},{},[4317],{"type":81,"value":4318},"Better Choice",{"type":76,"tag":569,"props":4320,"children":4321},{},[4322,4335,4348,4360,4373],{"type":76,"tag":49,"props":4323,"children":4324},{},[4325,4330],{"type":76,"tag":576,"props":4326,"children":4327},{},[4328],{"type":81,"value":4329},"Building bankroll",{"type":76,"tag":576,"props":4331,"children":4332},{},[4333],{"type":81,"value":4334},"Straight bets",{"type":76,"tag":49,"props":4336,"children":4337},{},[4338,4343],{"type":76,"tag":576,"props":4339,"children":4340},{},[4341],{"type":81,"value":4342},"Recreational fun",{"type":76,"tag":576,"props":4344,"children":4345},{},[4346],{"type":81,"value":4347},"Small parlays",{"type":76,"tag":49,"props":4349,"children":4350},{},[4351,4356],{"type":76,"tag":576,"props":4352,"children":4353},{},[4354],{"type":81,"value":4355},"Positive EV betting",{"type":76,"tag":576,"props":4357,"children":4358},{},[4359],{"type":81,"value":4334},{"type":76,"tag":49,"props":4361,"children":4362},{},[4363,4368],{"type":76,"tag":576,"props":4364,"children":4365},{},[4366],{"type":81,"value":4367},"Correlated selections",{"type":76,"tag":576,"props":4369,"children":4370},{},[4371],{"type":81,"value":4372},"Parlays",{"type":76,"tag":49,"props":4374,"children":4375},{},[4376,4381],{"type":76,"tag":576,"props":4377,"children":4378},{},[4379],{"type":81,"value":4380},"Risk management",{"type":76,"tag":576,"props":4382,"children":4383},{},[4384],{"type":81,"value":4334},{"type":76,"tag":77,"props":4386,"children":4388},{"id":4387},"related-calculators",[4389],{"type":81,"value":4390},"Related Calculators",{"type":76,"tag":202,"props":4392,"children":4393},{},[4394,4404,4414],{"type":76,"tag":206,"props":4395,"children":4396},{},[4397,4402],{"type":76,"tag":210,"props":4398,"children":4399},{"href":23},[4400],{"type":81,"value":4401},"Parlay Calculator",{"type":81,"value":4403}," - Calculate parlay odds and payouts",{"type":76,"tag":206,"props":4405,"children":4406},{},[4407,4412],{"type":76,"tag":210,"props":4408,"children":4409},{"href":24},[4410],{"type":81,"value":4411},"Round Robin Calculator",{"type":81,"value":4413}," - Generate all parlay combinations",{"type":76,"tag":206,"props":4415,"children":4416},{},[4417,4422],{"type":76,"tag":210,"props":4418,"children":4419},{"href":25},[4420],{"type":81,"value":4421},"Acca Insurance Calculator",{"type":81,"value":4423}," - Evaluate insurance offers"]