The entire purpose of a parlay is to combine multiple wins for increased odds. You don’t bet on a parlay if you intend to cash out after one leg.

Noooooo! What are you doing?! With the Nuggets one win away from the NBA Finals and massive favorites to win it all, this parlay would still be alive if not for that ill-advised cashout. Pdr’s next move wasn’t so smart.Īfter the first leg hit, pdr cashed out to take home a grand total of $122.18. As we now know, that was an incredibly smart parlay. Pdr bet $25 on a three-leg parlay for the Chiefs to win the Super Bowl, UConn to win the men’s national championship and the Nuggets to win the NBA title. None of that applies to the massive cashout mistake Reddit user “pdrlives” made.

Cash out too soon, and you end up leaving money on the table - too late and you walk away empty-handed. This is particularly true when your money is riding on a parlay and a few legs have already hit. It takes great discernment to know when you’re beat as a bettor - the moment it’s time to take your ball and go home.

Parlay sports betting reddit