1. 07-09-14 09:29 PM #1
    l3randonf
    l3randonf's Avatar Become A Pro!
    Join Date: 04-11-13
    Posts: 396
    Betpoints: 323

    Just hit this 20 teamer. Question about how parlay odds are calculated...

    Cashed this one today. I want to do another one but I have a question about my math:

    So if you add up all of the "odds" and divide by 20...you get roughly -1600 odds per play. This bet payed about x23 my original investment.

    So if I play another 20 teamer and I pick EACH play at -1600 odds exactly....would I get the same x23 payout?

    Ticket Accepted Date Risk To Win Amount Paid Status Wager
    250160314-1 6/27/14 5:53pm $23.81 $549.35 $573.16 Win 20 Team Parlay
    Win 6/28/14 12:00pm International Soccer 5 Brazil advances -400* vs Chile advances
    Win 6/30/14 12:00pm International Soccer 55 France advances -415* vs Nigeria advances
    Win 6/30/14 4:00pm International Soccer 85 Germany advances -790* vs Algeria advances
    Win 7/1/14 12:00pm International Soccer 95 Argentina advances -425* vs Switzerland advances
    7/1/14 12:05pm Win 7/1/14 7:05pm MLB Baseball 904 Washington Nationals -245* vs Colorado Rockies (C Friedrich - L must Start S Strasburg - R must Start)
    7/1/14 12:06pm Win 7/2/14 6:30am ATP Tennis 101 Novak Djokovic -1100* vs Marin Cilic
    7/1/14 12:22pm Win 7/1/14 2:45pm Challenger Tennis 1128 Tim Smyczek -560* vs Mitchell Krueger
    7/1/14 12:23pm Win 7/1/14 3:00pm Challenger Tennis 1201 Tatsuma Ito -570* vs Marcelo Arevalo
    7/1/14 7:30pm Win 7/5/14 12:00pm International Soccer 125 Netherlands advances -450* vs Costa Rica advances
    7/2/14 4:29pm Win 7/3/14 8:00am Props Tennis 60 Field wins Wimbledon -1128* vs L.Safarova wins Wimbledon
    7/2/14 4:29pm Win 7/4/14 8:00am Props Tennis 8 Field wins Wimbledon -1020* vs G.Dimitrov wins Wimbledon
    7/2/14 6:15pm Win 7/2/14 7:10pm MLB Baseball 958 Atlanta Braves +2½ -535* vs New York Mets (J DeGrom - R must Start J Teheran - R must Start)
    7/2/14 6:15pm Win 7/2/14 7:05pm MLB Baseball 972 Baltimore Orioles +2½ -405* vs Texas Rangers (M Mikolas - R must Start C Tillman - R must Start)
    7/4/14 11:55am Win 7/4/14 12:00pm International Soccer 2 France (World Cup) +1½ -670* vs Germany (World Cup)
    7/5/14 6:58pm Win 7/5/14 10:05pm MLB Baseball 928 Los Angeles Angels +2½ -385* vs Houston Astros (S Feldman - R must Start H Santiago - L must Start)
    7/6/14 2:57pm Win 7/6/14 3:35pm MLB Baseball 976 Los Angeles Angels +2½ -670* vs Houston Astros (C McHugh - R must Start G Richards - R must Start)
    7/7/14 12:01pm Win 7/7/14 10:10pm MLB Baseball 924 Seattle Mariners +2½ -580* vs Minnesota Twins (K Correia - R must Start H Iwakuma - R must Start)
    7/8/14 1:31am Win 7/8/14 4:00pm International Soccer 1 Germany (World Cup) +1 -476* vs Brazil (World Cup)
    7/8/14 2:30pm Win 7/8/14 7:00pm Props Baseball 6124 Any other result -4930* vs DET wins by exactly 6 runs (Fixed Price)
    7/9/14 3:10pm Win 7/9/14 4:00pm International Soccer 12086 Any other result -16200* vs Netherlands 3 / Argentina 3
    Points Awarded:

    lilbpack1 gave l3randonf 1 Betpoint(s) for this post.

    Reply With Quote Reply With Quote
  2. 07-09-14 09:31 PM #2
    smoke a bowl
    smoke a bowl's Avatar Become A Pro!
    Join Date: 02-09-09
    Posts: 2,776
    Betpoints: 14472

    No.
    Reply With Quote Reply With Quote
  3. 07-09-14 09:33 PM #3
    daneblazer
    Most Well Rounded POY
    daneblazer's Avatar SBR PRO
    Join Date: 09-14-08
    Posts: 27,837
    Betpoints: 5652

    Let's be honest you don't give a fukk about math you just wanted to post your 20 teamer


    Cant say I blame you. Congrats
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: El Nino
    Reply With Quote Reply With Quote 1
  4. 07-09-14 09:34 PM #4
    Seto
    Jose Mourinho: simply the best
    Seto's Avatar Become A Pro!
    Join Date: 12-16-11
    Posts: 12,906
    Betpoints: 2560

    No.

    For example two +200 bets parlayed (avg of +200 obviously) pay +800, but a +100 bet and a +300 bet parlayed (so avg of +200) pay +700.

    It's as simple as 2*2=4, 1*3=3 yet both 2+2 and 1+3 are 4.
    Last edited by Seto; 07-09-14 at 09:38 PM.
    Points Awarded:

    l3randonf gave Seto 2 Betpoint(s) for this post.

    Reply With Quote Reply With Quote
  5. 07-09-14 09:34 PM #5
    trytrytry
    All I do is trytrytry
    trytrytry's Avatar SBR PRO
    Join Date: 03-13-06
    Posts: 23,503
    Betpoints: 273617

    at -1600 on each on a 20 team parlay you win

    3.36 - 1
    Reply With Quote Reply With Quote
  6. 07-09-14 09:40 PM #6
    BigBusiness
    Drug dealin money
    BigBusiness's Avatar Become A Pro!
    Join Date: 09-16-12
    Posts: 3,226
    Betpoints: 542

    Terrible payout
    Reply With Quote Reply With Quote
  7. 07-09-14 09:57 PM #7
    Bostongambler
    Bostongambler's Avatar SBR PRO
    Join Date: 02-01-08
    Posts: 35,930
    Betpoints: 14368

    You forgot to carry the 7

    Congrats
    Reply With Quote Reply With Quote
  8. 07-09-14 10:18 PM #8
    l3randonf
    l3randonf's Avatar Become A Pro!
    Join Date: 04-11-13
    Posts: 396
    Betpoints: 323

    Quote Originally Posted by trytrytry View Post
    at -1600 on each on a 20 team parlay you win

    3.36 - 1
    What formula do I use to arrive at 3.36? I'd like to calculate it using different numbers.
    Reply With Quote Reply With Quote
  9. 07-09-14 10:47 PM #9
    jose21_us
    The Miami Connection
    jose21_us's Avatar SBR PRO
    Join Date: 05-24-10
    Posts: 3,833
    Betpoints: 11236

    cash out and never gamble another day in your life....
    Points Awarded:

    Educ8d Degener8 gave jose21_us 2 SBR Point(s) for this post.
    Reply With Quote Reply With Quote
  10. 07-09-14 10:58 PM #10
    Cookie Monster
    Large moneylines
    Cookie Monster's Avatar SBR PRO
    Join Date: 12-05-08
    Posts: 2,249
    Betpoints: 9852

    It is easier if you use decimal odds. Just multiply each line, and ready.
    If you do not know how to calculate decimal odds... cultivate yourself
    Reply With Quote Reply With Quote
  11. 07-09-14 11:06 PM #11
    BennyBigNuts
    BennyBigNuts's Avatar Become A Pro!
    Join Date: 04-16-12
    Posts: 8,700
    Betpoints: 1078

    What book is that? 5dimes?
    Reply With Quote Reply With Quote
  12. 07-10-14 11:41 AM #12
    l3randonf
    l3randonf's Avatar Become A Pro!
    Join Date: 04-11-13
    Posts: 396
    Betpoints: 323

    Quote Originally Posted by BennyBigNuts View Post
    What book is that? 5dimes?
    Yes. 5Dimes.
    Reply With Quote Reply With Quote
Top
« Previous Thread | Players Talk | Next Thread »