I'll do $25 to $100 4 or 5 team parlays, bet 3 or 4 teams always leaving 1 spot open so if I hit, then use it on a big game. Did a $30 one this weekend, ahad the OVER ARZ/STL, CHEIFS +4.5 and FRESNO +6, and filled it in Yesterday with Over in FLA/MICH, to pay $368.
I have 2 more of them still open that I'll wait for the right spot so instead of betting $300 or $500 on a single game, just use the open parlay and risk $25. Or, use it to hedge like tonight for instance. Throw the OKlahoma ML in the Parlay and turn around and take WVU +7.5 and try to hit both. Usually do those on the larger Parlays that pay much more to guarantee profit. On the Smaller ones that pay out $300-$500, I'll just play it on one game, or take a Money Line.