Sportsbooks & Parlays
Why do you think sportsbooks push parlays so hard?
Not saying parlays are bad — I still throw them in sometimes too. But it feels like bettors evaluate them completely differently than straight bets, and sportsbooks know that.
If a straight bet moves from -110 to -120, people immediately care.
But on a +650 SGP, almost nobody asks whether the payout should actually be closer to +800.
Feels like once multiple legs get bundled together, people become way less price-sensitive and focus more on the payout than the actual pricing.
Curious what you think sportsbooks benefit more from:
- math behind parlays
- psychology of bigger payouts?