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## Sports Betting – How to Maximize Winnings and Minimize Losses

Everyone knows that when you bet on sports – the bookies are the ones who usually take the profit because their odds are very efficient. As the old saying goes, “The house always wins.” And personally many people should not resort to sports betting as their main source of income. I also think that betting on sports makes things more interesting and more fun. One problem with sports betting is how much you want to bet. For example- if you bet a big amount and you lose- it’s worthless, but if you bet a small amount and win- you might feel good but it almost seems like a waste.

If I’m going to bet, I want to lose a little or win a lot. I think the best way to do that is at Sportsbook.com. They have a progressive parlay system. The first is the parlay system where you select a certain amount of games (usually up to 12) and reward the successful bettors with larger payouts. For example, a bettor may include four different payoffs in a four-team parlay, in which he will win all four bets. If any of the four bets fail to cover, the bettor loses the par, but if all four bets win, the bettor receives a substantially higher payout (usually 10-1 in the case of four-teamers) than if he made four. separate salary. This payout is great, but if you miss one, you lose.

Progressive pars work a little differently. In progressive parlay, the payouts are not very high, but you can afford games to go wrong. This is an insurance for your bet – which is definitely worth it. Here is the table for payouts for progressive parlays at sportsbooks.

All selections win

4 teams

5/1-0 loss

1/1-1 defeat

5 teams

11/1-0 loss

2/1-1 loss

6 teams

20/1-0 loss

9/2-1 loss

7 teams

40/1-0 loss

4/1-1 loss

1/2-2 losses

8 teams

75/1-0 loss

10/1-1 loss

2/1-2 losses

9 teams

150/1-0 loss

20/1-1 loss

5/2-2 loss

10 teams

250/1-0 loss

25/1-1 loss

3/1-2 losses

1/1-3 losses

11 teams

400/1-0 loss

60/1-1 loss

5/1-2 loss

1/1-3 losses

12 teams

900/1- 0 loss

80/1-1 loss

10/1-2 loss

3/1-3 losses

So after looking at this chart, you can see if you choose 1 of your 4, 2 of your 7, or 3 of your 10 and still make money. The best odds are to pick 10 because you can miss 30 percent of your picks, and still come out ahead. If you hit all 10 you will make 250 times your initial bet. So, say you bet 10 dollars- and you pick 10 games. If I get 7 of them right – I’ll earn $20. If I pick 8 right, I will earn 30$, 9 right- 250$, and all 10 right- 2500$. Of course, it is very difficult to choose all 10 correctly. But this is all from a $10 bet.

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