This would be extremely profitable, because if one bet wins, the other is highly likely (correlated) to hit also. This is not an extreme example, as many such bets can be found using college football especially.Īnother example would be if a sportsbook allowed parlays such as a hockey team -1.5 goals and the over on the same game. Chances are that if New Orleans wins and covers the high spread, the game total will also soar above the 37. In this case, a correlated parlay, using New Orleans/over 37 would probably be a smart bet. The over/under for this game is a relatively low 37, since New Orleans is expected to do much (if not all) of the scoring.
Now on Saturday (one day before the game), Cleveland is up to an outrageous 23-point underdog! A few key players are sick and the line has moved up. Let’s assume New Orleans is at home playing against Cleveland.Ĭleveland opened as a 15-point underdog, but now things have gone from bad to worse as the flu bug has caught the Browns.