“Then we’ll all go down and put like $1 on some crazy bets and then if they win, it’s great. “We’ll just think of randomly and be like, ‘Well, let’s toss down a crazy parlay,’” he said. Chris and his friends enjoy betting parlays with slim chances of large payouts for fun. If any leg in a parlay loses, then the whole bet does as well. “I bet at such a low level that when I do win it makes up for 100 losses.”Ī parlay is a combination of multiple small wagers, called legs, that only wins if each individual result is favorable. But he says the chance of success outweighs the possible risks, especially when none of his own money is on the line. Once, I won like $150, and then that same day, I lost it all trying to throw more parlays,” Smith said. “In the past, I’ve hit like $1 to $100 a few times, on a parlay for the NBA. Every day, Smith puts one or two dollars on a bet, gambling on the success of a team, a player or another aspect of the game.
17-year-old Chris Smith* got Fliff after seeing it was giving away “free money” (known as Fliff Cash) for all users to put wagers on sports games.
With its eye-catching graphics and fun, decorated leaderboards, the app Fliff is marketed as a risk-free sweepstakes game that relies on the gambling of “Fliff coins,” online tokens with no monetary value.