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#1
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I keep seeing on this forum that parlays are -EV. Why is this? Are there cases when parlays are not -EV?
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#2
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They are primarily -EV because the odds you are getting are so short compared to the true odds. In other words, you pay more juice with parlays (except three-teamers). There are generally two situations when you want to use parlays:
(1) when the outcomes of the events are correlated or (2) when you are getting better than normal odds. Other than that, the best play is to stick with straight bets. |
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