| Are you a choppy winner or streaker when it comes | | | | it all or stop betting. If you had decided to use a |
| to betting on horses? Some people seem to have | | | | three race parlay bet, you would bet on three races, |
| luck or success in streaks while others hit now and | | | | assuming you've won the first two bets. |
| then in no discernible pattern. How often and when | | | | As you can see, this type of betting can amount to |
| you win can help you decide if you should use parlay | | | | some large scores, unfortunately, though it can also |
| betting. | | | | amount to many lost bets because you need to hit |
| Kelly betting, which naturally accounts for the size of | | | | three in a row or however many you wanted to |
| your bankroll and makes your bets bigger when you | | | | play. Streaky winners can make a lot of money on |
| win is one way to increase your wins when you are | | | | this style of wagering. On the other hand, if you're a |
| hot, but parlay betting may work better for you. In | | | | choppy winner, one who wins now and then but |
| case you are new to betting on horses, parlay | | | | rarely twice or three times in a row, then parlay |
| betting means taking whatever you won on your | | | | betting should be avoided. |
| first bet and rolling it over into your next bet. | | | | Before you try parlay betting, why not keep track |
| For instance, let's say you bet $2 to win on the | | | | of your bets for a month and see how many bets |
| horse you liked in the first race and it won and paid | | | | you make and how often you win two or three in a |
| $10. In win parlay betting, you'd bet the whole $10 on | | | | row. Then, if it appears you win in streaks, you can |
| the next horse you liked, and so forth, until you lose | | | | become a parlay bettor and start making big scores. |