If you stopped making parlay bets and just stuck to straight bets, your wallet will thank you for it very soon.
I hit a 300-1 15-team teaser in 1995 or so that has paid for every parlay and teaser I've made ever since (not even counting my winnings on them since then).
You are risking tiny amounts to hit big. Who cares what the house edge is unless you are only playing parlays to earn a living.
You can't really calculate the house edge anyways because you're assuming each spread pick is a 50/50 proposition in doing that calculation but only God knows what the true percentage likelihoods are.
I hit a 300-1 15-team teaser in 1995 or so that has paid for every parlay and teaser I've made ever since (not even counting my winnings on them since then).
You are risking tiny amounts to hit big. Who cares what the house edge is unless you are only playing parlays to earn a living.
You can't really calculate the house edge anyways because you're assuming each spread pick is a 50/50 proposition in doing that calculation but only God knows what the true percentage likelihoods are.
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