Novice punters get into action by wagering on simple bets like outright winners to understand the odds and performance of teams before advancing to complex wagers. Once they gain enough experience, they explore other options, such as parlays for maximum entertainment. In the US, most seasoned players prefer to parlay betting to single bets because the former offers a higher betting value.
If you are an NCAA die-hard fan, you can combine several events into a single high-reward ticket to make the matches more thrilling. This NCAA article highlights how parlays work, how to make them, and effective betting strategies.
What is an NCAA Football parlay?
An NCAA Parlay is a form of betting that involves submitting a single ticket with multiple bets on one or more players and teams. These selections can be from the same game or different matches, but you must combine all the predictions in a single betslip. Your ticket can contain different types of bets, including outright wins, money line odds, goalscorers, Over/Under, and others. Therefore, you can take advantage of this betting option to make big money with small stakes.
How does an NCAA Football parlay work?
Parlay betting is different from straight betting because multiple bets are involved, and the risk is much higher. When you place this kind of wager, all your predictions need to be correct to cash your ticket. The unique thing about parlays is that if you add more selections, your potential returns increase significantly since the system multiplies all the odds with the stake.
So, if you're looking to make some extra money by betting on NCAA games, it may make sense to combine several markets into a single wager to maximize your potential payout. However, the main drawback is that each bet must win for your wager to be considered successful. If one or more of your predictions does not win, then the entire parlay loses. For that reason, the chances of winning bigger parlays are minimal, especially if you stake in multiple sports.
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How do you bet on a NCAA Football parlay?
Before you dive into parlay betting, the first thing you need to do is to register with a reliable bookie that allows punters to wager on parlays. Once you have a verified betting account, browse the NCAA page and pick your favorite markets to generate a parlay. Finally, select your stake, confirm your selections, and submit the bet slip.
What are the types of NCAA Football parlays?
There are two types of accumulators – Same-Game parlays and Cross-Sport parlays. The selections can have a wide range of markets, including moneylines, totals, futures, props, and other choices. For example, your ticket can contain three totals, two moneylines, and four futures.
You can either generate parlays in advance or during a live match. Pre-match betting is better since you have enough time to analyze the roster, team history, standings, and other stats. On the other hand, live parlay betting is time sensitive since the sportsbook keeps adjusting odds as events occur in the playground.
NCAA Football Same-Game Parlay
A same-game parlay refers to a parlay that contains multiple bets on a single football match. While wagering, you identify a game that you can comfortably predict its outcomes with a high degree of accuracy. For instance, you might select options like goal scorers, outright winners, Over/Under markets, and other options.
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NCAA Football Cross-Sport Parlay
In Cross-Sport Parlay betting, you put multiple bets from two or more events on a single ticket. The legs might only contain NCAA football events or can cover different sporting activities. Some bookies also provide pre-packaged parlays where you can’t change available markets, and you don’t need to browse event-specific pages to build your bet slip. Furthermore, the events might not happen in a single day, so you can wait for several days before cashing out.
What are the best NCAA Football parlay strategies?
1) Bet on the favorite
The safest way to bet on NCAA events is to focus on favorites. In most cases, the side with a good history and a stronger roster dominates ball possession, increasing its chances of scoring. Unfortunately, favorites tend to have lower odds, which translates to lower payouts.
2) Wager on the home team
Many teams perform better while playing in their home arena than in other stadiums. Therefore, you can stake on clubs known to exploit home-field advantage to increase your chances of cashing out. However, if the team is an underdog, this strategy might not work.
3) Wager on specific teams
If a club is on a winning streak, you should consider betting on it from time to time since it might win most matches. Smart players keenly observe the performance of previous champions and top five teams in the standings since they are more likely to win at least half of their games in the tournament.