One of the best examples of this is FanDuel Sportsbook’s various parlay insurances. Promotions are also a great way to try to gain an edge when betting parlays. For example – if you wager a 3-team parlay with each selection at odds of -105 instead of -120, your payout would be $74.42 instead of $61.62 for a $10 stake, so $12.80 more in profit just for shopping the odds. While there is often only a marginal difference between sportsbooks, in a parlay those margins quickly add up. Shop around for the best odds and promotions. Sportsbooks’ odds are a competitive market, and not all online sportsbooks offer the same odds and often try to outdo one another.Those bigger 10-team parlays can be great fun, but keep those stakes to a minimum and have smaller parlays as your main types.
