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Bettors are far less likely to win parlay bets than individual bets, and sportsbooks make more money from parlay bets than individual bets. The odds on individual bets are calculated even to generate a small profit for the sportsbook. That gives gamblers a 50% chance of making a profit with standard bets.
Using the standard -110 vig for point spread and totals bets, these are the odds of winning your parlay based on the number of bets involved: Two-team parlay  27.47 percent. Three-team parlay  14.37 percent. Four-team parlay  7.52 percent.
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  • What does +1.5 handicap mean? A +1.5 handicap means that 1.5 goals or points will be added to the full-time score for that game. For example, if the game finishes 2-1 and your team has only scored 1 goal, then 1.5 will be added to create an adjusted final score of 2-2.5, meaning the bet now wins.
    In sports betting, a handicap of 1.5 means that one team is given a 1.5 goal advantage before the game starts. This means that if you bet on the team with a handicap of 1.5, they would need to win the game or draw for your bet to be successful.
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