i just figured out a guranteed way to make profit i was looking at one of my 3 team parlays on betphoenix and seen the winning were at a rate of 6.536 times what you bet so if you bet the 3 team parlay 8 different ways one of them is gurranteed to win as long as all your bets are 1/2 so their is no chance of push so if you were to bet each parlay 500$ each your winnings will be a guranteed 268 no more no less 1000$ each and you get 536$ guranteed
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3 teamers generally pay 6to1 if all 3 gms are -110 little dif if -115,-105, etc. so if u bet it 8 ways and only get 6to1 back exactly how are you turning a profit again
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check your math krazy...
everytime you do it...
you lose 7 x $1000 = -$7000
you win 1 x $6536 = +$6536
EV = -$464Comment -
I think you have the math wrong, the books only offer guaranteed losing parlays. They don't give you the true odds on purpose.Comment -
6.536 is the rate on this parlay its a -110 a -107 and a -112 6.536 *500$ = 3268 500* 8 =4000$you get 500 back from the bet you won so 4000$-500=3500$
you lose 3500 your payout is 3268+the 500 wager you get back =3768 profit of 268 correctComment -
so you are getting the 500 you bet back twice?Comment -
i think im a dumbass and did this wrongComment -
you dont get anything back krazy.. you simply dont lose it..
OK, if we do it your way (getting your 1000 "back") then here you go.
everytime you do it:
you lose 8 x $1000 = $8000 - $1000 (your original bet back) = $7000
you win 1 x $6536 = $6536
EV = -$464 (still)Comment -
its fascinating how every other day som1 pops up with these sure fire ways to make money. lets be clear about this this shit aint easy and there is no free money, guaranteed winners, or any other bs. if you've think you have figured something out go back and look again because ppl smarter than you make a living on that not happeningComment -
i was thinking you bet 1000 8 times win 6536 and lose only 7000 caus when bet wins and 6536+1000 wager equals 7536 but your still losing caus you wager a total of 8000$Comment
