Connect with us

Canada

10 Tips to Build successful Parlay bets

Published

on

Parlays bets are known for their high risk and high reward. They can either make you a lot of money or cost you a lot of money. This is why it’s important to understand what parlay bets are, how they work, and the best way to win them.

What Are Parlays Bet?

It’s a bet on multiple sports events in which you have to predict if a combination of events will happen. The more events you pick the higher your potential payout is. For example, a three-team parlay can give odds of 4/1 while a 10 team parlay can fetch odds of 240/1.

How Do They Work?

Successful parlay bets are built on picking the right combination of events. You can pick as many or as few events you want but your payout will be affected by the number of matches you choose. Matches start counting at 0/0 so if you do not pick any matches for an event, it counts as a loss. If you want to win big money on parlay bets, you need to understand the common combinations that affect an event’s odds.

Here Are 10 Tips On How To Build A Successful Parlay Bet:

1) Be aware that betting against the spread will reduce your chances of winning by about 50%. So if you want more success with your wagers, then go for over/under instead of point spreads.

2) Consider using the “teaser” method when building your parlays. It allows you to pick three games in which all teams must cover in order to get paid. A common method with this is to use a three-team parlay and increase the spread by four points on each game. For example, if you pick a team that has been giving 5 points in games, you would have an additional nine points on your side of the bet. This will decrease your risk and increase your odds significantly.

3) Do not be afraid to invest in high point spreads. The higher the point spread, the bigger your payout will be. In some sports such as basketball and football, you don’t even have to pick a winner as long as more than one team wins or covers the spread for you to win.

4) Use multiple sport betting companies to increase your winning potential. Each bookmaker has its own record of giving winning parlays so the more sportsbooks you use, the higher your chances of winning.

5) Spread your bets over more than one sports event. This will lower the risk and increase your potential for a win. You can also use multiple sport betting companies with this method so even if you lose with one bookmaker, you still have chances of winning on another sporting event. The best way to do it is by going with trusted affiliate betting sites like smartbettingguide. There, you will find many tips and suggestions, as well as useful information like statistics and news related to certain sports events.

6) Use sports betting guides and tips to help you build better parlays. With sports betting guides and tips, you get insights on potential events to put in your parlays so you can maximize bets and minimize the risk.

7) Try to find the most trusted source of information such as team statistics, current market situation, as well as events tracking and schedule to help you better understand your situation and your chosen team.

8) Always look for sports picks with the highest strike rate. This means sports picks that win more than 50% of their bets because these sport picks will give you higher odds and a great chance to win big money.

9) If you notice sport picks that have a high win percentage then they are sport picks that you should follow. If sport picks usually win, then they know what they’re doing and as a result, will give you a sports pick with high odds of winning.

10) In general, using the longer parlays have higher payouts but also have a greater risk. The shorter ones can give you lower odds but they also do not carry as much risk. You should always use sport picks based on the number of sports you place and your budget for each sport event.

Once you decide to make sport picks, start using these tips to build successful parlays that will increase your winning potential. Keep in mind that no sport pick strategy works 100% of the time, but you should make sport picks that give you a higher chance of winning.

There are sport betting companies who offer parlay bets as well as accumulators. Parlays and accumulators are basically the same thing – they allow you to pick two or more sport picks at once. The only difference is that sport picks for sport betting companies accumulators are more restrictive.

For sport picks to be valid in a sports betting company accumulator, all sport picks must win or meet the required handicap or final score. As a result, bets that cater to accumulators usually have higher odds because of this restriction.

Still, you can’t go wrong with sports picks. They may be sports picks that require higher odds, but they will still give you a great chance of winning. The key to sport betting companies accumulators is to find sport picks that meet the sports handicap or final score requirement – this way even one sport pick can turn into a win if you’re sport picks sport betting company sport picks right sport betting companies.

 

Continue Reading
Advertisement

Aaron LaBerge

PENN Entertainment Launches Stand-alone iCasino App, theScore Casino, in Ontario

Published

on

penn-entertainment-launches-stand-alone-icasino-app,-thescore-casino,-in-ontario

 

PENN Entertainment announced that it has launched theScore Casino, a new stand-alone iCasino app in Ontario. The dedicated online casino experience leverages the popular theScore brand, which has been a mainstay in the Ontario market for decades. Now available on Android, iOS, and desktop, customers can login using their existing theScore Bet credentials, allowing for a seamless experience across online gaming platforms.

theScore Casino operates on the same cutting-edge proprietary technology platform as PENN’s online Hollywood Casino, which launched as a standalone product in the US in December. The product was recently ranked by Eilers & Krejcik as the #2 overall iCasino product in the US.

theScore Casino, also available within theScore Bet app, offers a variety of online slots, table games, and live dealer content, including original titles from PENN Game Studios, the company’s in-house game development studio. theScore Casino also includes bespoke live dealer tables and exclusive games such as Blue Jays Blackjack, an original title leveraging theScore Bet’s partnership with the Toronto Blue Jays.

“We’re excited to introduce our dedicated iCasino product in Ontario under the well-known and trusted theScore brand. We’ve built a strong online gaming foothold in the Ontario market and are primed to deliver an even better casino experience with our proven stand-alone app. Our customer-friendly platform features more than 1200 games, dozens of original titles and intuitive game play that distinguishes our product and positions us for even greater success,” said Aaron LaBerge, Chief Technology Officer and Head of Interactive at PENN Entertainment.

The post PENN Entertainment Launches Stand-alone iCasino App, theScore Casino, in Ontario appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Canada

ELK Studios Expands Partnership with SkillOnNet to Ontario Market

Published

on

elk-studios-expands-partnership-with-skillonnet-to-ontario-market

 

PlayOJO, SlotsMagic and SpinGenie to carry ELK Studios’ games in Ontario

Global entertainment brand SkillOnNet and innovative Swedish game creator Elk Studios have cemented their longstanding partnership with the launch of ELK’s groundbreaking portfolio in the Ontario market.

ELK Studios is responsible for some of the industry’s most innovative and engaging online casino games. Now, players at SkillOnNet’s Ontario-licensed casinos, PlayOJO, SlotsMagic and SpinGenie, will be able to experience the feature-packed delights of hit titles like Nitropolis, Tinkerbot and Pirot, as well as new release Orbitfall, and the studio’s signature X-iter and CollectR mechanics.

The expansion marks a milestone for ELK Studios as it continues to grow its footprint in regulated markets worldwide. SkillOnNet recently successfully launched the studio’s portfolio in the Spanish and Mexican markets through its Spanish-language brands and expects the studio’s games to make a similarly immediate impact with Ontario players.

Ontario has become a hugely important growth market since the province launched regulated online gaming in 2022. It was worth $2.4 billion in 2024, with $63 billion in wagering, the lion’s share coming from online casinos.

Jani Kontturi, Head of Games at SkillOnNet said: “ELK Studios is known for its high-quality games that blend unique storytelling and humour with high levels of engagement and playability, which is why we’re delighted to introduce them to Ontario. We believe they will perform successfully, as they have in other markets around the world.”

Vaida Cirtautaite, CCO at ELK Studios said: “SkillOnNet has been an invaluable partner in our growth journey, and we are thrilled to expand our collaboration into Ontario. We’re excited to bring our innovative games to a new wave of players in this dynamic market.”

The post ELK Studios Expands Partnership with SkillOnNet to Ontario Market appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

AGCO

Playnetic granted Ontario supplier license

Published

on

playnetic-granted-ontario-supplier-license

 

Global B2B iGaming content provider secures first Canadian market entry following the successful submission and approval of its gaming-related supplier application

Playnetic, the in-demand global B2B iGaming content provider known for its quality games, reliable delivery and outstanding customer service, has announced the approval of its gaming-related supplier application by the Alcohol and Gaming Commission of Ontario (AGCO).

With the AGCO licensing process being recognised in the industry for its rigorous standards and thorough due diligence, the new certification confirms Playnetic was able to meet the high levels of integrity and regulatory compliance needed to legally distribute its content within the province.

As a result of the approval, Playnetic has now secured its first Canadian market entry and will be able to provide its library of innovative games to licensed operators in the Ontario region – with this starting point paving the way for further expansion into other regulated provinces in future.

Given signs of change emerging within the Canadian market and Alberta making progress toward a regulated online model – likely drawing from Ontario’s framework – this license positions Playnetic strongly to expand its footprint in the country and further solidifies the company’s ambitious growth plans.

In the meantime, Playnetic has already begun making groundwork with key operators in the Ontario region and is looking forward to going live with some exciting brands over the coming months. The company will also be attending SBC’s Canadian Gaming Summit from June 17-19, where both existing and new potential partners alike are welcome to stop by and meet the team.

Dan Phillips, Chief Executive Officer at Playnetic, said: “Acquiring AGCO approval for our gaming-related supplier application is undoubtedly a big step for Playnetic. The new license not only secures our first Canadian market entry, but also reaffirms Playnetic’s position as a trusted provider in iGaming and underlines our commitment to compliance and operational excellence.”

Julian Borg-Barthet, Chief Commercial Officer at Playnetic, said: “We’re very excited to now be in a position to offer our library of innovative gaming content in Ontario, and the groundwork to do that with some of the region’s biggest licensed operators is already underway. Over time, we’re confident this license will also help us expand further into current markets and emerging regulated provinces, such as Alberta.”

The post Playnetic granted Ontario supplier license appeared first on Gaming and Gambling Industry in the Americas.

Continue Reading

Trending