My attempt at open parlays

[Seth]

Hey everyone, I haven't bet sports in a good while because I always lost a bunch over a short period of time. This time I figured I'd do it differently, risk very little for a chance at making a good amount. I only deposited $100 and am going to have 5 open parlays ($20 each) running at one time, my goal is to have at least one of them win in the end. They will be 5 games each, I'll make a selection for each one daily. Basic odds for these parlays state that a $20 parlay will cash $487.18. So, after subtracting the $80 for the 4 losing parlays I will have made just about $400, assuming all goes well of course. The main sport will be NBA because there are games every day, but I will also throw in NHL and NFL playoff games at times. Here are my selections for today:

Parlay 1:
1. Atlanta Hawks -7.5

Parlay 2:
1. Atlanta Hawks -7.5

Parlay 3:
1. Orlando Magic -3

Parlay 4:
1. New York Knicks +4.5

Parlay 5:
1. Philadelphia Flyers -145
2. Winnipeg Jets +135

[Seth]

Not a great start but I didn't expect to go perfect the first day...
Adding to Parlay 1: Magic 2H -3

[Seth]

What I have left after Day 1:

Parlay 1:
ATL -7.5 (W)
ORL -3 2H (W)
3 spots open

Parlay 2:
ATL -7.5 (W)
4 spots open

Parlay 3:
ORL -3 (W)
4 spots open

I will show my picks tomorrow before the games and hopefully I advance further. If anyone has input on strong leans they have, please let me know. Thanks and have a good night.

[Masu485]

Open parlays seem to be free money 2 or 3 gigantic wins on the forum in less than a month. Good luck.

[Seth]

Thanks Masu, hope I cash one of these. OK, my first selection tonight is Washington +12.5, and I'll be adding that to parlay 3. I know Philly is really hot right now and blowing out teams, but I'll go with Washington with double digits.

[nickspen13]

Quick question on Open Parlays, if you have say an 8team open bet, do you have to eventually fill all 8(assuming you keep winning), or can you close it(so to speak) after 5winners in a row.

Thanks

[Seth]

Well, I asked customer service once if I would be able to add an open spot if I was at 4 wins and wanted to make it a 6 game parlay instead of 5, she said no. So, I'm assuming that you can't and the number of open spots to fill you select in the beginning is final.

[Seth]

Damn, WAS looking terrible...but, I'm going with them 2nd half in parlay 2. Add to parlay 2: WAS +3 2H. I hope they turn this around and get within 12 so both parlays are still alive.

[Seth]

Wow, and that's why I'm not a professional handicapper lol. Wow, the Sixers are great, and the Wiz are terrible. OK one left, we'll see how this goes, all or nothing tonight. I'm adding HOU -6.5 2H and BOS -5 2H.

[Seth]

Wow, tht Boston spread really came down to the wire...but they hung on for the spread and I covered. Last leg of this 5 game parlay will be Miami -3 -117. The full parlay looks like this:

Lost 4 Parlays @ $20 each.
Remaining Parlay: $20 to win $472.73
ATL -7.5 (W)
ORL -3 2H (W)
HOU -6.5 2H (W)
BOS -5 2H (W)
MIA -3 -117 (PENDING)