Betting 101

Learn sports betting fundamentals with practical, real-world examples — without real-money pressure. ParlayGeeks betslips are evaluation-only, designed to help you build smarter habits.

Start Module 1 Build a Practice BetSlip
Covers: odds explained • implied probability • parlays vs straights • bankroll basics • decision-making
Quick Wins
Beginner Friendly
  • Understand what odds really mean (not just payout).
  • Convert odds → implied probability in seconds.
  • Learn when parlays help (and when they hurt).
  • Use “units” to bet responsibly.

Curriculum

Estimated total time: ~45–60 minutes
Module 1 10–15 min
Foundations of Sports Betting
Odds explained, implied probability, straights vs parlays, and core terms.
Start
Module 2 10–15 min
Building a BetSlip
Timing, line movement, parlay math basics, and lock rules.
Open
Module 3 10–15 min
Bankroll Management
Units, variance, and building long-term discipline.
Open
Module 4 10–15 min
Decision Making
Avoiding bias, reacting to news, and choosing smart spots.
Open
Module 5 10–15 min
Review & Feedback
Learning loops: review slips, improve reasoning, build accountability.
Open
Practice makes progress
The fastest way to learn is to build a slip, share it, and iterate before lock.
Create Practice Slip Explore Picks
Evaluation-only. No real-money wagering.