Ryan Knutson

Former Super Bowl MVP Cooper Cup. A little more than halfway through the game, he was more than 50 yards short of what Alex needed. Still, it wasn't over yet.

Former Super Bowl MVP Cooper Cup. A little more than halfway through the game, he was more than 50 yards short of what Alex needed. Still, it wasn't over yet.

And he's normally a receiver that catches a lot of passes.

And he's normally a receiver that catches a lot of passes.

And he's normally a receiver that catches a lot of passes.

Cup never had another catch. It was his second worst game of the season. By the end of the day, every single one of Alex's other bets hit. 13 out of 14. Cooper Cup was the only player who didn't deliver. Alex's $22,000 dream had disappeared. Alex had beaten the odds, but not enough to win. And that's what betting apps are betting on.

Cup never had another catch. It was his second worst game of the season. By the end of the day, every single one of Alex's other bets hit. 13 out of 14. Cooper Cup was the only player who didn't deliver. Alex's $22,000 dream had disappeared. Alex had beaten the odds, but not enough to win. And that's what betting apps are betting on.

Cup never had another catch. It was his second worst game of the season. By the end of the day, every single one of Alex's other bets hit. 13 out of 14. Cooper Cup was the only player who didn't deliver. Alex's $22,000 dream had disappeared. Alex had beaten the odds, but not enough to win. And that's what betting apps are betting on.

If all that happens, someone who bet $10 would win $170 as of Friday morning. But the implied probability of all those bets hitting is less than 6%. By comparison, someone making a standard bet, like that the Chiefs will win the Super Bowl, according to one betting app... The implied odds of that are a nearly 55% chance of winning. That's a big difference.

If all that happens, someone who bet $10 would win $170 as of Friday morning. But the implied probability of all those bets hitting is less than 6%. By comparison, someone making a standard bet, like that the Chiefs will win the Super Bowl, according to one betting app... The implied odds of that are a nearly 55% chance of winning. That's a big difference.

If all that happens, someone who bet $10 would win $170 as of Friday morning. But the implied probability of all those bets hitting is less than 6%. By comparison, someone making a standard bet, like that the Chiefs will win the Super Bowl, according to one betting app... The implied odds of that are a nearly 55% chance of winning. That's a big difference.

I know that generally with gambling, the odds favor the house. But did the odds favor the house more with parlays?

I know that generally with gambling, the odds favor the house. But did the odds favor the house more with parlays?

I know that generally with gambling, the odds favor the house. But did the odds favor the house more with parlays?

However they're doing it, it's working. Today, parlays represent a huge chunk of the sports betting business. In Illinois, New Jersey, and Colorado, states that break out this data, parlays accounted for about 56% of sports betting revenue last year.

However they're doing it, it's working. Today, parlays represent a huge chunk of the sports betting business. In Illinois, New Jersey, and Colorado, states that break out this data, parlays accounted for about 56% of sports betting revenue last year.

However they're doing it, it's working. Today, parlays represent a huge chunk of the sports betting business. In Illinois, New Jersey, and Colorado, states that break out this data, parlays accounted for about 56% of sports betting revenue last year.

So are you making any bets for the Super Bowl this weekend?

So are you making any bets for the Super Bowl this weekend?

So are you making any bets for the Super Bowl this weekend?