¡°It¡¯s really hard to know,¡± he said.
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¡°Sportsbooks make a 30 percent profit on parlays vs. five or six percent with straight bets,¡± says Jeff Edelstein, a senior analyst at USBets, a site devoted to sports gambling. ¡°People love parlay bets. Who doesn¡¯t like putting down a little to win a lot?¡±
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¡°That would have dropped my budget for the year by a lot,¡± says Sneyd, FanDuel¡¯s executive VP of marketing.