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I am not into sports betting but I recently read 2 excellent books on the subject: 1. Sharp Sports Betting by Stanford Wong, 2. Sports Betting 101 by Arne Lang. It is highly recommended.

I mentioned last night that there is a site that offers true odds (7-1) on 3-team parlays: http://www.betoninternet.com (it was mentioned in the above book by Wong, which was published in 2001.) That is a great deal since it involves no vig (you can read the rules on the website to see if there is a catch somewhere). There are other sites, I think, offer 107 instead of the standard 110 on straight bets.
 
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