Online betting parlays are very popular with bettors, especially in the NFL, and they are loved by sportsbooks because they have a very high hold percentage attached to them.
Online betting parlays are definitely more popular in the NFL because of the popularity of pro football but parlays are also common in college football, basketball and baseball. The online betting sportsbooks love parlays for the most part except for baseball. Baseball parlays are not one of their favorite things because bettors have been known to hit some big parlays over the years on large multiple team parlays. Baseball betting online wager parlays also don’t give the sportsbooks the huge edge that they enjoy in other sports because there is no point spread involved, and the payouts are based on the money line. Football parlays are where sportsbooks make out because they hold a huge edge over the online betting players.
Online betting parlays are mainly for the recreational player. Most professionals will never play parlays. It used to be that betting parlays would usually lead you to online betting ruin but that has changed a bit and certain parlays can be moneymakers. The biggest reason that many people play online betting parlays is that you can win a lot of money without risking very much. Some people like online betting parlays simply for the fact that they can combine college and pro football onto a single bet. The parlay can include Saturday college football, Sunday NFL action and the Monday night game.
Online betting parlays in NBA and Major League baseball are definitely not as popular as those in football, but they still hold an interest for the casual bettor. Online betting parlays will always be popular because they give the player a lot of action for very little money. This goes right into what the sportsbooks want because they know how hard it is to hit parlays with a betting online wager. Betting online wager parlays will always be very important to both sportsbooks and to the players. It is rare when something appeals to both sides of the sports betting game, but that is definitely the case with betting online wager parlays.