Therefore, usually those who bet with the minimum amount will make many bets and not just do one or two bet. So, it has become a line for them to make many bets with minimum bets. In fact, in the past I made many parlay bets at one time and I often did it even though it was only a minimum bet. Indeed, the reality is difficult and takes time, but when I managed to get a win, at least I could be very proud of the big win I got at that time.
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Don't really get what the other user is saying but I think I can relate to the message above. The thing is that the risk with a single game is smaller atleast that's what many gamblers think but for me I feel its still very risk because you will need to go above the minimum stake and stake very high to actually get something tangible out of that bet but with many picks you can still get good profits when the selection plays through which I believe is luck bound and most interesting part the risk of Staking is low as you can huge win with even the minimum Staking power.
It is commonly said that we cannot eat our cake, and still have it.
Sports betting, as well as gambling in general works and operates on a model which is known as..
- higher risk, higher potential reward.
This simply means that risk is the major factor in what you explained above, it's not really about how much a person is spending on a single bet or parley.
In a single bet, you spend more money to get more potential money as reward, and your risk of losing it a bit lower compared to betting on parley where you spend small amount of money to get big potential money as reward, but your chances of winning is very slim, which means your risk of losing is way higher.
- lower risk, lower potential reward.