Advice regarding CFB ML parlays

Last week for week zero, I placed a 3 team ML parlay with 3 of the heavy favorites and it cashed 1u getting me about .4u in profit.  I was going to also include ILLINI ML (who was a TD dog), but thought I'd be taking on too much risk.  My profit would have been 1.7u if I had included Illini.  I guess my question is, am I going to have to take on some more riskier ML plays like ILLINI during the course of the season to make this work?  My thinking is if I happen to lose one of these parlays just using big favorites, it's gonna take over 2 of them just to get back to break even.

I don't expect to make a fortune with my strategy, but at the end of the season I want to see a profit.  Should I just 

A. continue with using strictly heavy ML favorites that I like

B. Mixing in some riskier plays (even dogs that I like) or

C. Creating 2 parlays each game set (if available), using both A and B?

Also, if I just choose option A, how many big ML faves is too much for 1 parlay?

I love that you brought this up. What I do every week is I find 3 or so Dogs (7 or more point range) that I think can win outright and parlay them together on the ML. If one of them hits it can pay for whole CFB season...

A

+1 to this statement. I usually wait until the conference schedule kicks off, and then I go for home conference dogs to win outright. 

@xMORTICIANx

 A option is setting up well again for Thursday (leaving off the BSU/CFLA and Ohio ST/MIN games).  Bur Friday there are a lot of close spreads.  Of course I could just skip Friday, but I probably wont.  Will probably go with .5U bet or less for Friday's slate.  Then of course Saturday there are more than enough huge spread games where I just have to decide how many of them do I take on one parlay.

@snakebite44

 That is true about paying for the entire season but that is exactly the opposite of my strategy.  I'm going for low risk/low return this season.

@the_dude911

Just because a bet wins quite frequently, doesn't mean it is profitable. I don't think there is any way you will make money on -1000 and greater favorites. 

Also, parlaying them make it seem like you are getting better odds, but it is the same odds.  If you wouldn't bet 100 on a team to win 10, then don't put them in a parlay.

Best of luck to you this season, if you do this, I hope you prove me wrong and win a nice chunk  

Had success previously w favs in the 10-14 pt range at home. Two team. Wins may not be large but they will add up over time. Lower stress too.  Often that third game that ruins it. GL

@snakebite44

 I like to take 4 ML Dogs and do a round robin.

Bet them single for 2 units each = 8 units

Bet them 3s for 1 unit each = 4 units

single 4 teamer = 1 unit

Total bet = 13 units

@thorpe

Yup round robins on these are solid.
Gosh there was one I nearly hit for a massive massive payout 2 years ago. It was Army on the ML as 20 point dogs to Michigan I think and it went OT and was a bad beat. Sick to think what I would’ve made cause the other dogs I had both won at like +400 and +350 or something 

@thorpe

 "Just because a bet wins quite frequently, doesn't mean it is profitable"

Agreed.  That is why I was considering mixing in more risky bets ie Illini ML as a dog last week as well.  Like I said in my original post, losing one of these with just huge favorites, it is hard to make up ground because it would take more than 2 more big fave parlay wins just to get back to break even after a loss.

I was looking to try something different this year, but I want to try to stay as consistent as I can with my strategy.  Maybe that is pointless who knows.