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10 Tips to Build successful Parlay bets

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Parlays bets are known for their high risk and high reward. They can either make you a lot of money or cost you a lot of money. This is why it’s important to understand what parlay bets are, how they work, and the best way to win them.

What Are Parlays Bet?

It’s a bet on multiple sports events in which you have to predict if a combination of events will happen. The more events you pick the higher your potential payout is. For example, a three-team parlay can give odds of 4/1 while a 10 team parlay can fetch odds of 240/1.

How Do They Work?

Successful parlay bets are built on picking the right combination of events. You can pick as many or as few events you want but your payout will be affected by the number of matches you choose. Matches start counting at 0/0 so if you do not pick any matches for an event, it counts as a loss. If you want to win big money on parlay bets, you need to understand the common combinations that affect an event’s odds.

Here Are 10 Tips On How To Build A Successful Parlay Bet:

1) Be aware that betting against the spread will reduce your chances of winning by about 50%. So if you want more success with your wagers, then go for over/under instead of point spreads.

2) Consider using the “teaser” method when building your parlays. It allows you to pick three games in which all teams must cover in order to get paid. A common method with this is to use a three-team parlay and increase the spread by four points on each game. For example, if you pick a team that has been giving 5 points in games, you would have an additional nine points on your side of the bet. This will decrease your risk and increase your odds significantly.

3) Do not be afraid to invest in high point spreads. The higher the point spread, the bigger your payout will be. In some sports such as basketball and football, you don’t even have to pick a winner as long as more than one team wins or covers the spread for you to win.

4) Use multiple sport betting companies to increase your winning potential. Each bookmaker has its own record of giving winning parlays so the more sportsbooks you use, the higher your chances of winning.

5) Spread your bets over more than one sports event. This will lower the risk and increase your potential for a win. You can also use multiple sport betting companies with this method so even if you lose with one bookmaker, you still have chances of winning on another sporting event. The best way to do it is by going with trusted affiliate betting sites like smartbettingguide. There, you will find many tips and suggestions, as well as useful information like statistics and news related to certain sports events.

6) Use sports betting guides and tips to help you build better parlays. With sports betting guides and tips, you get insights on potential events to put in your parlays so you can maximize bets and minimize the risk.

7) Try to find the most trusted source of information such as team statistics, current market situation, as well as events tracking and schedule to help you better understand your situation and your chosen team.

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8) Always look for sports picks with the highest strike rate. This means sports picks that win more than 50% of their bets because these sport picks will give you higher odds and a great chance to win big money.

9) If you notice sport picks that have a high win percentage then they are sport picks that you should follow. If sport picks usually win, then they know what they’re doing and as a result, will give you a sports pick with high odds of winning.

10) In general, using the longer parlays have higher payouts but also have a greater risk. The shorter ones can give you lower odds but they also do not carry as much risk. You should always use sport picks based on the number of sports you place and your budget for each sport event.

Once you decide to make sport picks, start using these tips to build successful parlays that will increase your winning potential. Keep in mind that no sport pick strategy works 100% of the time, but you should make sport picks that give you a higher chance of winning.

There are sport betting companies who offer parlay bets as well as accumulators. Parlays and accumulators are basically the same thing – they allow you to pick two or more sport picks at once. The only difference is that sport picks for sport betting companies accumulators are more restrictive.

For sport picks to be valid in a sports betting company accumulator, all sport picks must win or meet the required handicap or final score. As a result, bets that cater to accumulators usually have higher odds because of this restriction.

Still, you can’t go wrong with sports picks. They may be sports picks that require higher odds, but they will still give you a great chance of winning. The key to sport betting companies accumulators is to find sport picks that meet the sports handicap or final score requirement – this way even one sport pick can turn into a win if you’re sport picks sport betting company sport picks right sport betting companies.

 

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BETesporte Reinforces Commitment to Sports with Major Investments Across Brazil

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Investment in championships, clubs, and national teams expands media assets and positions BETesporte as a key player in Brazil’s sports market.

BETesporte, a betting platform that proudly carries “sports†in its name, is reaffirming its leadership in the industry by reporting consistent investment results over the past four months. While most betting platforms generate the majority of their revenue from online games (virtual casinos), BETesporte stands out as one of the few where sports betting leads the way — accounting for 65% of its total revenue, compared to 35% from online games. This figure directly reflects its brand strategy and commitment to strengthening Brazilian sports.

“Over the last four months, we’ve consolidated our presence on multiple fronts, focusing on strategic returns and high-quality visibility. We’ve sponsored several state championships in all regions of the country, including the Paulista, Paranaense, Carioca, Alagoano, Gaúcho, Pernambucano, Cearense, Catarinense, Baiano, and Mineiro tournaments, as well as the highly engaging Copa do Nordeste. We’ve also invested in Series A and B of the Brasileirão, placing our brand on Brazil’s biggest football stages and ensuring mass exposure with a high value per impression. It’s a strategic allocation of resources designed to generate brand impact and strengthen the Brazilian sports ecosystem,†said Thiago Carvalho, CFO at BETesporte.

Among the platform’s most notable recent acquisitions is brand exposure during Brazil’s national team matches in the World Cup Qualifiers — a move that reinforces BETesporte’s presence on the global football stage and strengthens its connection with fans during highly visible moments.

“We truly believe in the power of sports as a driver of connection and engagement. At BETesporte, we’re constantly investing in improving our platform with new features and more real-time betting options. Our marketing plan is performance-oriented: we aim to energize Brazil’s sports scene through active sponsorships in Series A and B of the national league — with master sponsorships, LED field displays, and direct club support. We bet on sports both as a passion and a business,†added Danylo Campos, CTO of BETesporte.

Beyond football, BETesporte is expanding its social impact by supporting up-and-coming athletes, providing financial assistance to help them compete and grow in sports like kickboxing, table tennis, and jiu-jitsu — an initiative that helps uncover new talent and democratize access to high-performance sports.

The company also maintains partnerships with traditional clubs like CRB, CSA, and Volta Redonda, reinforcing its regional presence and boosting local fanbases with strong community ties.

BETesporte’s credibility is further strengthened by the presence of legendary Brazilian football figures as brand ambassadors, including Zico, Vampeta, Diego Souza, and Macaé — personalities who bring even more legitimacy to the company’s presence in the sports world.

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California Gambling Control Commission Advances Licensing, Tribal Partnerships, and Responsible Gaming Initiatives

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Sacramento, CA — In a meeting packed with regulatory updates and licensing decisions, the California Gambling Control Commission (CGCC) convened on April 24 to advance numerous agenda items impacting the state’s gambling landscape—from tribal gaming approvals to responsible gambling programs and operator renewals.

Problem Gambling & Public Health Takes the Stage

The Commission meeting opened with a presentation by Sosha Marasigan-Quintero from the California Department of Public Health, offering an overview and update on the California Problem Gambling Treatment Services Program. While no specific staff recommendations were provided, the update underscores California’s continued focus on behavioral health in gambling.

Tribal Revenue Distribution Approved

The Commission approved the quarterly distribution of payments from the Revenue Sharing Trust Fund to eligible recipient Indian Tribes. This routine, yet vital, procedure ensures the equitable distribution of revenue to support tribal sovereignty and infrastructure across the state.

Cardroom Licensing: Approvals and Extensions

Among key licensing matters:

  • 500 Club Casino (K & M Casinos, Inc.) received both initial and renewal owner-type license approvals through January 2027.

  • Casino Chico, Hollywood Park Casino, and Lake Bowl Cardroom were granted renewals and short-term extensions, some with conditions such as improving record-keeping systems or ensuring regulatory compliance ahead of reopening.

  • Hotel Del Rio & Casino was granted a 60-day extension under several strict conditions, including updated safety plans and the restatement of commingled financial records.

Key Employee Licensing Actions

The Commission approved several initial and renewal key employee licenses. Notably:

  • Jeffrey Thompson was approved with a condition prohibiting involvement in illegal gambling activities.

  • Kevin Lee and George Rahme received 120-day extensions for renewal processing.

Third-Party Proposition Player Services Under Scrutiny

The Commission approved both initial and temporary licenses for Fortune Players Group, Inc., with a lengthy list of conditions tied to the conduct of a former associate, Rene Medina. These conditions highlight the Commission’s ongoing vigilance in monitoring third-party player services and maintaining compliance across operations.

Progressive Gaming, LLC was also approved for an initial license, further expanding third-party service provider capacity.

Gaming Resource Suppliers & Tribal Approvals

Initial suitability findings for several prominent tribal gaming resource suppliers were approved, including:

  • HCAL, LLC

  • JCM Global

  • Konami Gaming, Inc.

  • PDS Gaming, LLC

Dozens of tribal gaming employees were also approved for key positions at tribal casinos across California, reflecting the Commission’s continued support of tribal gaming operations and the necessary workforce to support it.

Notable Withdrawals and Denials

In two notable cases, requests to withdraw license applications—Josephine Hoang and Jesus Bojorquez—were denied, signaling the Commission’s increased scrutiny and emphasis on applicant accountability.

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A Broader Look Ahead

With regulatory reform on the horizon and ongoing efforts to promote responsible gaming, the April 2025 CGCC meeting showcased a mix of routine license management and deeper engagement with emerging compliance issues. As the Commission prepares for the next quarter, the groundwork laid in this session will likely influence policy developments and enforcement trends across California’s gambling sector.

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CONCEPT AND NEW GAMES REVOLUTIONIZE PALACE BINGO & SPORTS BETS IN CANCÚN

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CONCEPT AND NEW GAMES REVOLUTIONIZE PALACE BINGO & SPORTS BETS IN CANCÚN

 

Palace Bingo & Sports Bets Casino in Cancún has taken a major step forward by introducing Zitro’s revolutionary CONCEPT cabinet line and new games that promise to elevate the gaming experience in this iconic Mexican tourist destination.

The newly installed titles—Legendary Sword, Triple Charm Journey, Fairyland Quest, and Merging Fu Pots —are designed to appeal to all types of players. They feature stunning graphics, innovative mechanics, and rewarding prizes that enhance the excitement of play.

Representatives from El Palacio de los Números commented: “The addition of Zitro’s games and CONCEPT cabinets at our Cancún casino has been an overwhelming success. Player feedback has been exceptional, with many praising the visual quality, engaging gameplay, and the wide range of prizes. This new offering is undoubtedly transforming the gaming experience on our floor.â€

Johnny Ortiz Viveiros, founder of Zitro, added: “We’re very pleased that Palace Bingo & Sports Bets Casino in Cancún has again chosen Zitro to innovate its entertainment lineup. The combination of our CONCEPT cabinets and new games provides a unique player experience and drives profitability for the operator.â€

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Gaming Americas Q4 Meetup (20 Nov, 2024)

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GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

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