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10 Tips to Build successful Parlay bets

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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.

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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.

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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.

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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.

 

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AGCO Fines Great Canadian Casino Resort Toronto $350,000 for Serious Regulatory Violations Linked to Impromptu After-Party on Gaming Floor

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The Alcohol and Gaming Commission of Ontario (AGCO) has issued monetary penalties totaling $350,000 against Great Canadian Casino Resort Toronto for multiple violations of provincial gaming standards. The penalties follow an impromptu after-party that was permitted to take place in the pre-dawn hours directly on the casino’s gaming floor.

On September 27, 2024, an electronic dance music event attended by thousands of people was hosted in the theatre adjacent to the casino at Great Canadian Casino Resort Toronto. The event was marked by widespread intoxication, disorderly behavior, and numerous criminal and medical incidents – both inside and outside the venue – including alleged assaults, drug overdoses, and acts of public indecency. Although paid duty officers were present, additional police and emergency services were required to manage the situation.

In the midst of this high-risk environment, casino management approved an unscheduled request by the performing artist to host an after-party on the active gaming floor. The artist and more than 400 guests were permitted onto the gaming floor where the artist was allowed to perform amidst operational table games and gaming machines – without any prior risk assessment or planning.

As a result, security personnel were unable to effectively control the casino floor, including witness reports that an attendee was seen climbing onto slot machines. Failure to maintain appropriate control compromises the security, safety, and integrity of the casino floor. Following the conclusion of the event, the operator failed to promptly report these incidents to the AGCO as required.

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Based on the findings of its review, the AGCO’s Registrar has issued an Order of Monetary Penalty (OMP) totaling $350,000 against Great Canadian Casino Resort Toronto. These penalties address critical failures in their operations, incident reporting, employee training, and the management of disturbances.

A gaming operator served with an OMP has 15 days to appeal the Registrar’s decision to the Licence Appeal Tribunal (LAT), an adjudicative tribunal that is part of Tribunals Ontario and independent of the AGCO.

“Casino operators have a fundamental duty to control their gaming environment. Great Canadian Casino Resort Toronto’s lapses in this incident compromised the safety of patrons and the security and integrity of the gaming floor,” Dr. Karin Schnarr, Chief Executive Officer and Registrar of AGCO, said.

The post AGCO Fines Great Canadian Casino Resort Toronto $350,000 for Serious Regulatory Violations Linked to Impromptu After-Party on Gaming Floor appeared first on Gaming and Gambling Industry in the Americas.

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IGT and Atlantic Lottery Sign Eight-Year Video Lottery Central System Technology Agreement

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International Game Technology PLC announced that its subsidiary, IGT Canada Solutions ULC (hereinafter “IGT”), signed an eight-year agreement with Atlantic Lottery to supply its IntelligenEVO video lottery central system technology across Atlantic Canada. The agreement includes the option for multiple extensions and positions the Atlantic Lottery to become the first World Lottery Association (WLA)-affiliated lottery operator to deploy IGT’s next-generation central management system in a game-to-system (G2S) distributed market.

“By leveraging IGT’s IntelligenEVO technology, Atlantic Lottery will power its video lottery network with the industry’s best-in-class central system and position itself to maximize future contributions to good causes. As an organization that prioritizes system security and exceptional player experiences, Atlantic Lottery believes that IGT’s IntelliegnEVO solution will help generate high player satisfaction and optimal network performance,” said Michael MacKinnon, Atlantic Lottery VP, Product.

“As a long-time supplier to Atlantic Lottery, IGT looks forward to helping the Lottery achieve its growth and player engagement goals with our leading-edge IntelligenEVO video lottery central system. IGT’s IntelligenEVO is a scalable technology for the WLA market that is backed by decades of experience and operator feedback, and maximizes the benefits of real-time data, cloud-based technologies and in-depth analytics,” said David Flinn, IGT SVP Canada, EMEA and LATAM, Gaming Sales.

With peak system security, network availability and responsible gaming functionalities, IntelligenEVO is a reliable, scalable solution that can meet the needs of today and in the future. The solution will accelerate time-to-market and enables the Atlantic Lottery to benefit from the system’s suite of player-focused functionality. The technology’s G2S and open API design optimizes data collection and delivery and will enable Atlantic Lottery to customize their program for evolving player needs.

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The post IGT and Atlantic Lottery Sign Eight-Year Video Lottery Central System Technology Agreement appeared first on Gaming and Gambling Industry in the Americas.

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BetRivers

NetGaming Goes Live in Ontario with Rush Street Interactive via BetRivers Platform

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NetGaming, a fast-growing online casino content supplier, is proud to announce its launch in Ontario with Rush Street Interactive, Inc., a leading online casino and sports betting company in the United States, Canada and Latin America. This strategic collaboration marks a significant milestone for NetGaming as it continues to expand its footprint across regulated North American markets.

As part of the launch, Ontario players on BetRivers can now enjoy a diverse portfolio of NetGaming titles, known for their high-quality graphics, immersive gameplay, and unique themes. Standout games such as Zeus’s Thunderbolt, Bison Gold, and Fireball Inferno are among the first to go live, with additional titles set to follow soon.

This partnership is just the beginning. NetGaming plans to extend its collaboration with Rush Street Interactive into Michigan, New Jersey, Pennsylvania, Delaware, and Mexico over the coming months.

Pallavi Deshmukh, CEO of NetGaming, commented: “We are thrilled to go live with Rush Street Interactive, a powerhouse operator with a strong presence and loyal player base. This launch marks a significant milestone in our
North American expansion strategy and underscores our commitment to delivering exceptional gaming experiences tailored to local player preferences across the region.”

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Richard Schwartz, CEO of Rush Street Interactive, commented: “We are pleased to partner with NetGaming to bring innovative, premium games to our players in Ontario. This collaboration aligns with our strategy to offer world-class
entertainment through engaging, action-packed online casino games. We look forward to expanding this partnership into additional regulated markets in the months ahead.”

This strategic partnership highlights both companies’ dedication to providing high- quality, innovative, and responsible entertainment to players in regulated markets.

The post NetGaming Goes Live in Ontario with Rush Street Interactive via BetRivers Platform appeared first on Gaming and Gambling Industry in the Americas.

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