need help with parlay calculation

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  • gcd8
    SBR Wise Guy
    • 03-29-13
    • 986

    #1
    need help with parlay calculation
    just started using a local and did an open parlay i did a 4 team parlay and i realize now that's a big mistake because he is using las vegas payout on parlays only getting 10-1 instead of 12.28-1 like off shore but here's what i don't understand i hit the first three legs of parlay i have one more open spot

    1st leg -105
    2nd leg -130
    3rd leg -145

    the bet is for 300 so a standard 3 team parlay pays 6-1 and i went to the parlay calculator and right now i have

    300-1450.93 if i just did a 3 teamer, now when i add the 4th in let's say i put in a big favorite -450 on the site he's using the parlay pays 300-1419 when i do on regular parlay calculator it pays 1840.02 but what i can't figure out
    and i know it can't be right how can i be getting more money on a 3 team parlay than 4 team the 4 team parlay pays less than the 3 team by adding a -450 fav
  • Louisvillekid1
    SBR Aristocracy
    • 10-17-07
    • 52143

    #2
    Some PPH sites are just set up with off brand parlay odds
    Comment
    • Tboonepickem
      SBR MVP
      • 09-21-13
      • 1113

      #3
      yeah just remember running parlays with your local is equivalent to running a parlay with tony soprano. One way or another, he is going to win.
      Comment
      • gcd8
        SBR Wise Guy
        • 03-29-13
        • 986

        #4
        even if they have the standard las vegas payouts a 3 team parlay can't pay out more than a 4 team parlay with the same teams involved i mean

        -105
        -130
        -145

        can't pay more than

        -105
        -130
        -145
        -450
        Comment
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