NBA betting: parlay or single bets?

Here in Chicago, betting on NBA games is basically a sport in itself. I’ve been testing the waters with parlays, but they feel like a Hail Mary compared to single bets. Sure, the payouts are enticing, but is it worth the risk when one bad call wrecks your entire ticket?

Single bets feel safer, but maybe I’m missing a trick. What’s your experience? Do you stick with one type, or mix it up depending on the game?
 
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