Here are the numbers.
A 2 Team Parlay pays 2.5 to 1.
We'll use the round number of $10 per bet.
1. You pick any six teams from NBA, NFL, NHL, MLB, NCAA, etc.
2. You place your bets so that all teams are parlayed with each other.
Examples:
1+2, 1+3, 1+4, 1+5, 1+6
2+3, 2+4, 2+5, 2+6
3+4, 3+5, 3+6
4+5, 4+6
5+6
A $10 two team parlay pays out $26 + $10 (excluding ML bets)
There are a total of 15 bets x $10 = $150 at risk to win $390 + $150 = $540 total.
The Profit Zone
Winning just 6 out of 15 bets will land you in the profit zone of +$30.
4 out of 6 picks or 2/3 or 66% win rate.
Lets say that bets 1 - 6 won. Your wins would look like the following
1 out of 6 = $0
1+2, 1+3, 1+4, 1+5, 1+6
2+3, 2+4, 2+5, 2+6
3+4, 3+5, 3+6
4+5, 4+6
5+6
2 out of 6 = $36
1+2, 1+3, 1+4, 1+5, 1+6
2+3, 2+4, 2+5, 2+6
3+4, 3+5, 3+6
4+5, 4+6
5+6
3 out of 6 = $108
1+2, 1+3, 1+4, 1+5, 1+6
2+3, 2+4, 2+5, 2+6
3+4, 3+5, 3+6
4+5, 4+6
5+6
4 out of 6 = $180
1+2, 1+3, 1+4, 1+5, 1+6
2+3, 2+4, 2+5, 2+6
3+4, 3+5, 3+6
4+5, 4+6
5+6
5 out of 6 = $360
1+2, 1+3, 1+4, 1+5, 1+6
2+3, 2+4, 2+5, 2+6
3+4, 3+5, 3+6
4+5, 4+6
5+6
6 out of 6 = $540
1+2, 1+3, 1+4, 1+5, 1+6
2+3, 2+4, 2+5, 2+6
3+4, 3+5, 3+6
4+5, 4+6
5+6
*Extra Side Note
If you make one or more of your bets a ML bet, your profit will increase or decrease depending on the if its plus or minus. All of the bets above represent regular bets taking the spread.
Closing
If you have more money you can bet more money, but this weekend I'm going to put this to the test using $10 per bet. I'm fairly confident that I can make 2 good NBA picks, 2 good NHL picks, and 2 good NCAA picks.
If you live in Vegas, you can bet as little as $5 per bet if you want to give it a try. It will cost $75 at $5 per bet. Also, just for fun, I'm going to throw in a 6 Team Parlay for $10 using these same teams.
The good part about this system is you can use it even if you choose to fade all of my bets. The key to it working is picking to the best of your ability. I don't guarantee any amount of wins or win percentage, but if you can pick 6 teams per day or week, you can turn out a huge profit.
Follow or Fade
This Saturday I'm running my FIRST test of this system, so follow or fade me. This is all a theory at the moment, but the numbers make sense on paper. I guess whoever watches will see the results with me. I'll post my picks Saturday morning.