College Basketball Parlays
College basketball parlay bet is considered to be “specialty bet” where you bet on a series of games. A parlay bet is a minimum of 2 basketball games and it can go up to 12 games. In most cases, all of the games have to end the way you predicted for you to win the whole parlay. If one of the bets is unsuccessful then the whole college basketball parlay is a loss.
College basketball hasn’t seen quite the rise in betting handle as their professional counterparts in the NBA, but this sport will always be a favorite of sharp bettors and hardcore fans, alike. Just about every market that is available for betting on the pros is for betting on the college game. That includes parlays, teasers, and all sorts of exotic bets, such as proposition bets. Aside from straight wagers on sides, totals, and money lines, betting parlays on college basketball is the most popular bet. Parlay strategy is different compared to solely betting straight wagers and from bets such as teasers which alter sides and totals.
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How College Basketball Parlays Work
The core of strategies or rules of parlays do not change when wagering on college basketball parlays. Like all other parlay bets, all selections or legs of the parlay must win for the bet to be graded as a winner. Of course, this is why payouts on parlays are much higher than straight bets. When it comes to pushes in parlays, if one leg of the parlay is a push, the parlay reverts to a lower number of teams. If one bet pushes in a 3-team parlay, it goes to 2-team parlay. If one bet pushes in a two-team parlay and the other wager is a winner, it is graded as a single wager. If you want to learn more about college hoops betting visit our NCAA Basketball Betting Online Guide.
How To Get Better At Picking College Basketball Parlays
Betting and winning at college basketball parlays first takes the ability to pick winners when it comes to sides, totals, and moneylines. From there, it’s about understanding the basics of parlay betting and putting them into practice. If you can win wagering straight bets you should do well in betting parlays on college hoops.
Betting College Basketball Parlays Online
Offshore parlay odds are generally better than those in Las Vegas sportsbooks and with local bookies. For instance, with two-team parlays, Vegas sportsbooks payout +260 or 13/5 in fractional format. You will find that most offshore online sportsbooks have payouts on two-team parlays at +264. This may seem like only a small difference, but it adds up massively when betting hundreds or thousands of bets.
Use Them To Clear Bonuses
Bonuses are typically issued in the form of freeplay. Freeplay does not work the same way as a cash bonus or cash in your betting account, as it does not return the staked amount whether the wager is won or lost. Since that it the case, it is best to get multiple wagers out of your freeplay funds. If you parlay them, instead of using them on straight wagers, this will increase your upside on bonuses that do not work the same way as cash.
Stick To 2-3 Team Parlays
Parlays are not ideal when it comes to expected value and, in most cases, it is better to wager on the games individually, rather than tie them into a parlay. With that said, there are some uses to betting parlays, but never more than 2-3 teams. After this point, the advantage that the sportsbooks have is just too significant to overcome. As a general rule, regardless of the sport, never bet more than 2-3 teams in a parlay.
College Basketball Parlay Betting Strategies
Aside from the basics, there are a few ways to optimize your college basketball parlay bets. Ultimately, it will come down to picking winners, but knowing the ins and outs of parlays and how to use them to maximize your profits will come in handy for anyone that bets college basketball.
Parlay Strategy #1Use Parlays To Circumvent Betting Limits
This is always an excellent strategy when betting parlays but is especially valuable when betting college basketball. Due to low betting limits, parlays allow you to get more money down on numbers you like. For instance, if you max bet a side or total on a straight wager, you can always parlay it with another bet to get more money down that wager. However, the one factor to consider when doing this is that it may draw red flags for risk management on your account.
Parlay Strategy #2Look For Correlation
Correlated parlays are far more popular when betting football, but this can be a strategy used when betting college basketball, as well. A correlated event means that when one outcome occurs, another is likely to happen. For instance, if it is gloomy outside, then it is likely to rain. When it comes to college basketball, we can look to use this when one team might be defensive-minded and is likely to keep the game close, but also keep the game under. For this subset to work, ideally, you would want a larger point spread number that separates the two teams.
Parlay Strategy #3Always Get the Best Odds
Parlays already have a larger-than-normal advantage for the sportsbooks, so it’s important to be sure you’re getting the best price on your bets. You should shop for the best parlay odds but be sure to line shop each bet, so you always get the best odds. This means utilizing multiple sportsbooks, so you always get the best price.
Picks and Parlays In College Basketball Parlays Betting
As mentioned above, parlays aren’t much good if you aren’t picking winners. We have an entire section devoted to college basketball betting strategy. That pages offer bettors the basics of betting on college basketball and many advanced strategies. We recommend it as a primer before you begin your NCAABB betting career. If you need help picking up teams for your parlay bets don’t forget to visit our Free Sports Pick sections for games’ predictions from our college hoops experts.
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