1. 10-25-23 05:27 PM #36
    raiders72001
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    Quote Originally Posted by daneault23 View Post
    Based on the above "House Rules" or "General Promotions" stipulations regarding betting both sides to guarantee profit or abusing the bonus program, do you feel that betting both sides of 3 games as mentioned above is "fraudulent" or can get me in trouble? Has anyone done this recently and even better, done so at BetPhoenix?
    Don't bet both sides now that you shed some light on their abuse rules. Sweat the game, not the payout. Better to have peace of mind.

    Throwing darts you'll hit 3 parlays.
    Last edited by raiders72001; 10-25-23 at 05:36 PM.
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  2. 10-25-23 06:45 PM #37
    Optional
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    Quote Originally Posted by daneault23 View Post
    Based on the above "House Rules" or "General Promotions" stipulations regarding betting both sides to guarantee profit or abusing the bonus program, do you feel that betting both sides of 3 games as mentioned above is "fraudulent" or can get me in trouble? Has anyone done this recently and even better, done so at BetPhoenix?
    Unfortunately I think the round robin of 8 parlays for $1800 return is against their rules.
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  3. 10-25-23 07:00 PM #38
    The_Mr-B_
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    Takes me back to childhood baseball days reciting the Little League pledge ....I will play fair And strive to win But win or lose I will always do my best!
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  4. 10-26-23 10:29 AM #39
    daneault23
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    Quote Originally Posted by raiders72001 View Post
    Don't bet both sides now that you shed some light on their abuse rules. Sweat the game, not the payout. Better to have peace of mind.

    Throwing darts you'll hit 3 parlays.
    Wouldn't the 3 team parlay option have a high variance? Meaning yes on average over 1 million bets, the averages say that is the best bet to make. However there will be many times none of the 25 parlays win, leaving the bettor with nothing.
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  5. 10-26-23 10:53 AM #40
    DwightShrute
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    Quote Originally Posted by raiders72001 View Post
    Don't bet both sides now that you shed some light on their abuse rules. Sweat the game, not the payout. Better to have peace of mind.

    Throwing darts you'll hit 3 parlays.
    You might never get better advice than above.


    I am speaking in general terms here. Not at any specific poster ... anyone who uses bonuses to bet both sides to meet the rollover will be disappoint IF they meet the rollover and request a payout. They, of course, may (probably) will scratch their heads wondering why the payout was denied and they might even start a thread about how the book stole their money.

    Any reputable book will train their payout department to look for anything to deny a payout. That's not a bad thing. They want to pay people who won fairly, not anyone else. Its no different than going to a gas station, getting $30 in gas, paying with a fifty and watching the cashier use that counterfeit pen or device to verify its authenticity before giving you change.
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  6. 10-26-23 12:27 PM #41
    daneault23
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    I calculated out the difference between 25 $100 parlay bets and 50 $50 parlay bets and while there is a slightly less chance of getting $1800 from the 50 bets, more than likely I'd get between $1200-$1800.

    Scenario: Bet 25 $100 3 team parlays:
    P(winning at least 1 times) 96.45% $600.00 $578.70
    P(winning at least 2 times) 83.77% $1,200.00 $1,005.27
    P(winning at least 3 times) 62.04% $1,800.00 $1,116.70
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  7. 10-26-23 12:27 PM #42
    daneault23
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    Scenario: Bet 50 $50 3 team parlays:
    P(winning at least 2 times) 98.97% $600.00 $593.84
    P(winning at least 3 times) 95.82% $900.00 $862.41
    P(winning at least 4 times) 88.62% $1,200.00 $1,063.48
    P(winning at least 5 times) 76.54% $1,500.00 $1,148.05
    P(winning at least 6 times) 60.65% $1,800.00 $1,091.72
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  8. 01-23-24 12:41 AM #43
    daneault23
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    Coming back to this thread from 3 months ago...

    I made 50 $50 3 team parlays with my FP amount of $2500. I won 4 of those parlays, netting a whopping $1190.69. One of those parlays had a -115 winner in there. Interestingly enough I won all 4 of those parlays within my first 26 bets, and then didn't win a single parlay after that.

    If I were to instead take that $2500 and bet at -110 lines each to win $50, I could have bet about 45 games. My first 45 games I went 21-24, so that would have net me $1050. This is about $140 less than I won by betting the 3 team parlays.
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  9. 01-23-24 02:34 AM #44
    Vene1616
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    Quote Originally Posted by wombat View Post
    It is best to use a freeplay on a parlay preferably 3 teams but at minimum two teamer. You are doing the books a favor if you put the freeplay on a single wager because you are not utilizing the face value of the freeplay if put on a single bet.
    Not to mention the possibility of getting screwed if that single match gets postponed/cancelled due to some f...ery
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