Live bets seems like a waste to me as you do not really have the time to tell if the odds you are being offered are any good, I see most of those bets to be there for the compulsive gambler that wants to bet on anything and everything, ....
Live betting is good for people who are watching the game, but haven't tried putting live bet with a very high odds, normally I do live betting and put a bet on game only and that is on either the point spread, totals, or betting SU.
I agree with that, but it's hard to put a parlay bet through live betting as some sites does not allow it and sometimes that high odds are almost a losing bet.
Agree with you on that, that's the reason I put my pregame bet if I intend to go for a parlay bet, at least that way, I can analyze the games very well.
I guess parlay bet although challenging but you'll only win if you are really lucky, until betting on single bet where one can win with their skills.
Combining it would give some entertainment too, I do that from time to time.