Sorry guys you’re completely wrong about parlays.
(Well not completely. I discovered parlays on long term markets as a viable way to bet as I’m very lazy )
In fact parlays on long term markets are not only profitable but by far the easiest way to beat the books
I’ve been a professional gambler since 2004 and am £2,900,000 up all from betting parlays. Even though I was originally a humble ex London tube driver. (I was £3,150,000 up but I have no good accounts anymore and it’s much harder getting bets on the markets I want to bet)
It is of course a waste of time arguing with people who are certain they are right so I will just give the three main reasons parlays on outright markets are profitable
There is a favourite long shot bias in almost every sport in long term markets throughout most of the year
Long term markets are ridiculously easy to trade
Long term markets finish at roughly the same time thus enabling ‘efficient/economical’ hedging
I’m not the only person making regular profits betting parlays on long term markets I should point out