I started betting on NFL games to try to make some side cash while in medical school about 6 years ago...what a reliable way to make cash, I know. I didn't have much spare cash to use, so I was doing 8-12 team parlays to hopefully win any beneficial amount of money that could make a substantial dent in everyday living costs. So betting $5-10 could net me anywhere rom $3,000-$5,000 if they hit. Naturally, not many 8-12 team parlays do hit and mine were no exception. Especially early on, I was learning I had a TON of research and learning to do.
Over the first two years of sport betting, with multiple adjustments in strategy (and obviously lady luck) I managed to hit on three 12 team parlays. Since then, I have continued to win on 1-2 large parlays a year, and multiple smaller 6-8 teamers. The single biggest adjustment I made was finding the games with a spread I liked, and pivoting to a more favorable alternate spread in the range of -200 to -350 odds. Those accumulate pretty quickly towards a pay out when stacked, especially with wagers at $25 and $50. The other biggest lesson I learned, was that if you do your research, and find a contrarian pick you like, don't back off of it. Trust your system. Adjust and learn from mistakes. Only bet money you can comfortably afford to lose. Last biggest lesson is to have fun. Sportsbooks will continue to make money off the backs of players, seasoned or unseasoned. The best handicapper's only squeeze slight value against the books routinely. So keep in mind no system is fool proof, and place your wagers to make your Sunday's more entertaining.
I am fully aware that many people probably feel parlays, even with teaser spreads, are still not a sustainable way to win regularly. I have been fortunate enough that my winnings way outweigh my losses. The key though is that I bet exceptionally tolerable amounts I am comfortable losing, with the potential that one win would be (and have been) profitable, especially when compared across what my total losses on the season would be without a single hit.
With that, I wish you the best of luck with your teasing and laying. Lets go win some god damned money.
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