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10 Tips to Build successful Parlay bets

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.
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.
Central America
21VIRAL Boosts Latin American Reach Through Strategic Partnership with Virtualsoft

21VIRAL, a leading games aggregator for the Central and Latin American market, has strengthened its expansion by signing an agreement with platform provider Virtualsoft
21VIRAL, a leading games aggregator for the Central and Latin American market, today announced a strategic agreement with prominent platform provider Virtualsoft, significantly strengthening its expansion across the region.
This collaboration will integrate 21VIRALâs extensive portfolio of games into Virtualsoftâs platform, providing enhanced content options for operators across key Central and Latin American nations. Virtualsoft is a key supplier with a strong presence in markets including Ecuador and Peru, delivering innovative gaming solutions to a diverse range of operators.
Christoph HĂ€rtel, CEO of 21VIRAL, commented: “Partnering with Virtualsoft is a pivotal moment for 21VIRAL as we deepen our engagement with one of the worldâs most rapidly advancing online gaming markets. Virtualsoft underpins numerous leading brands in the region, and integrating our GameConnector solution will allow swift access to their operational brands. We look forward to working closely with Virtualsoftâs talented team to deliver innovative and revenue driving gaming experiences.”
Alejandro Velez, General Manager at Virtualsoft, stated: “21VIRAL has a strong reputation for seamless integrations and profound expertise in the Latin American gaming market, making them an ideal partner for us. Together, we are streamlining operations and elevating the gaming experience for players, aiming to set new benchmarks for the industry.”
Compliance Updates
New Bill in California Could End Online Sweepstakes Gaming

California State Assemblymember Avelino Valencia (D-Anaheim) has introduced Assembly Bill (AB) 831 to protect Californians from unregulated online gambling by prohibiting online sweepstakes games that use a âdual currencyâ model to mimic casino-style wagering.
âSweepstakesâ platforms sell virtual coins that are used to play casino-style games and can be redeemed for cash or prizes, essentially operating as unlicensed gambling businesses. By exploiting âNo Purchase Necessaryâ disclaimers, they sidestep Californiaâs regulatory framework and evade the stateâs voter-approved proposition related to Tribal-State gaming. Many of these âsweepstakesâ operators are based offshore and function without proper oversight, avoiding requirements like consumer protections, responsible gaming safeguards, background checks, and tax compliance.
âWe cannot look the other way while these platforms exploit legal grey areas. These operations undermine the voter-approved framework that affirms Tribal governmentsâ sovereign right to conduct gaming in California. AB 831 strengthens that framework and ensures gaming in California remains fair and accountable,â said Assemblymember Avelino Valencia.
AB 831 fortifies existing sweepstakes laws and clarifies the illegality of internet-based sweepstakes that use the dual currency model. It reinforces the shared responsibility between the State, licensed operators, and Native Nations to keep gaming safe, transparent, and accountable. AB 831 is co-sponsored by the Yuhaaviatam of San Manuel Nation, the California Nations Indian Gaming Association (CNIGA), and the Tribal Alliance of Sovereign Indian Nations (TASIN), reflecting strong support from across Indian Country.
âFor over 25 years, Tribal governments like Yuhaaviatam of San Manuel Nation, have upheld the will of California voters by operating gaming with integrity. That commitment has allowed us to reinvest in our communities, boost local economies, and support essential public services on reservations and in partnerships across the state. Illegal online gaming now threatens this foundationâcompromising voter-approved law and putting Californians at risk,â said Yuhaaviatam Tribal Council of San Manuel Chairwoman Lynn Valbuena.
âWe support this legislation that will close dangerous loopholes and strengthen the integrity of Californiaâs gaming system. We remain committed to defending a proven framework that protects the sovereignty of Tribal Nations and delivers real and lasting benefits to all Californians. Together, Tribal governments and the State of California will continue to address and take decisive action against illegal internet gaming in all its forms,â said Yuhaaviatam Tribal Council of San Manuel Vice Chairman Johnny Hernandez, Jr.
âTribal government gaming contributes nearly $25 billion to Californiaâs economy, sustains over 112,000 jobs, and funds critical community programs. Unregulated online sweepstakes threaten this voter-approved system by imitating casino gaming without oversight, accountability, or community investment. These illegal platforms erase the benefits of regulated gaming while exposing consumers to serious risks,â said CNIGA Chairman James Siva.
AB 831 is pending a hearing in the Senate.
Compliance Updates
New Initiative from DI Council Aims to Enable Betting on Professional Sports

The Division I Council introduced a proposal that, if adopted in October, would change sports betting rules to permit student-athletes and staff members to bet on professional sports and refocus the Association’s enforcement efforts on college sports betting and behaviors that directly impact game integrity. If adopted, the change will be implemented only if Divisions II and III also vote to allow betting on pro sports.
The council’s introduction of the proposal, which comes after a directive from the Division I Board of Directors in April that the council adopt changes to sports betting rules, is not an endorsement of sports betting behaviors, especially for college athletes. The NCAA’s prohibition against betting on college sports would remain in place, as would the prohibitions against sharing information about college events with bettors. The NCAA also would continue to maintain its prohibition for NCAA championships  against advertising and sponsorships associated with betting.
“NCAA rules prohibiting sports betting at all levels were written and adopted at a time when sports gambling was largely illegal nationwide,” said Josh Whitman, athletics director at Illinois and chair of the council. “As betting on sports has become more widely accepted across the country, Division I members have determined that further discussion of these sports betting rules is warranted, particularly as it relates to the potential distinctions between betting on professional versus collegiate sports. Throughout our discussions, the council has remained focused on student-athlete wellness and educating student-athletes about the risks and potentially harmful impacts of betting.”
Current NCAA rules do not allow student-athletes or institutional staff to engage in sports betting at any level (professional, college or amateur) for any sports that have NCAA championships, and NCAA members have continually maintained that any betting by a student-athlete on his or her own team or own sport in college should continue to result in a permanent loss of any remaining collegiate eligibility. However, in 2023, Division I changed the reinstatement guidelines for student-athletes who participate in sports betting on professional sports to focus on harm reduction for problematic betting behaviors.
“Deregulating professional sports betting may provide schools an additional opportunity to implement harm-reduction strategies, which can be more effective and have long-term benefits not seen with abstinence-only approaches. Harm-reduction strategies include education, stigma reduction and acknowledging actual behaviors,” said Dr. Deena Casiero, NCAA chief medical officer. “By meeting student-athletes where they are, schools may be more effective at preventing, identifying and supporting student-athletes with problematic gambling behaviors. Regardless of the change, schools are encouraged to use the many sports betting resources already available.”
The recently released Harm Reduction Considerations for Gambling & Sports Betting in Collegiate Sports references available sports betting resources, including the NCAA Mental Health Best Practices. Additionally, more than 100,000 student-athletes, coaches and administrators have been reached through the NCAA’s education efforts with EPIC Global Solutions, and the NCAA has launched an e-learning module to educate student-athletes on problem gambling harms and the integrity risks associated with sports betting.
Several sports betting-related violations by staff members at NCAA schools have been resolved through the infractions process in recent years, and the enforcement staff is working on issuing Notices of Allegations in several ongoing cases that involve allegations of betting on professional and college sports by student-athletes and/or athletics department staff members at a handful of NCAA schools.
The proposed rule change would not be retroactive. If it is adopted, it would apply only to sports betting activities that occur after the effective date of the proposal.
“The enforcement staff’s sports betting-related caseload has significantly increased in recent years, and our staff â including our new sports betting integrity unit â has been effective in detecting and pursuing violations,” said Jon Duncan, NCAA vice president of enforcement.
The Association prioritizes competition integrity, which is vital to college sports. The NCAA uses a layered strategy to respond responsibly to the rise in sports betting across the United States by monitoring over 22,000 contests per year, advocating for limits on  prop bets that pose heightened risks, reducing the potential for student-athlete abuse by aggrieved bettors, and creating greater transparency to assist with the timely investigation and resolution of integrity-related issues.
This layered approach includes the most recent agreement extension with Genius Sports to establish unprecedented betting restrictions on high-risk proposition bets. Sportsbooks licensing NCAA championship data must cooperate fully with NCAA investigations, including providing access to account data, financial history and geolocation records. This will allow the NCAA to work with the sportsbooks to gather detailed account information when harassers are identified to prevent repeat offenders from continuing to place bets across platforms, increasing safeguards to protect student-athlete mental health and well-being.
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