Quote Originally Posted by Bluehorseshoe View Post
I give up.
I understand your frustration. I will give it one more shot.

No matter how much of a lock a team is, it can't have negative effect on the payout of a parlay. If it is a comlete lock, then just there is no money line. There is no money line on Wisconsin this week, because they are a lock. If a money line exists, then someone thinks it is not a complete lock and it has some odds against it.

So a 2-team parlay of LSU and Cincy can NEVER EVER have a bigger payout than a 4-team parlay that includes LSU and Cincy. It just doesn't make ANY sense.

People keep mentioning a "parlay calculator". You only need a regular calculator to calculate parlay odds. If LSU is -770, then if I bet 770 units, I win 100, so my total payout is 870 units. 870/770 = 1.13. So you your payoff is 1.13 units for every 1 unit you bet (of which .13 is your profit). If Cincy is -700, 800/700 = 1.143. So a parlay between the two should have a payoff of 1.143 x 1.13 = 1.29. So for every unit you parlay, if you hit, you should get paid 1.29 units, of which .29 is profit. So on my 100 point bet, I should win 29 points. This is pretty close, obviously SBR is adding some juice there, which is fine by me, they give the free points after all.

I am just wondering what the hell goes wrong when Temple and Standford are added to the equation. The true payoff should be 1.50, so for 298 bet, the winnings should be 149. Obviously at 22, it is not just "some juice there".

There is either a error in the script calculating the payouts, or there is something else going on, but surely something somewhere doesn't make sense. Anyway, I think people betting in the sportsbook would appreciate to know how calculations are formed.