why do Gamblers do palays?

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  • marcojuiceman
    SBR MVP
    • 05-25-11
    • 2870

    #1
    why do Gamblers do palays?
    I havent come to grasp that concept yet? I havent parlayed but maybe twice earlier this year... i bet 2-4 games a day and 6 on weekends if i hit the first game for lets say 485 and would do the next game for a smaller amount unless its a Game i know that has zero chance of me losing.. by the end the day im up only if i made one hundred bucks.... i refuse to make books richer than they already are... just my two cents
  • Vegas39
    BARRELED IN @ SBR!
    • 09-22-11
    • 30686

    #2
    Same reason people buy lottery tickets. Looking for that homerun
    Comment
    • Naz18
      SBR MVP
      • 09-10-09
      • 4277

      #3
      They think it's easier then grinding it out....and most don't have a clue about money management...
      Comment
      • Dancemanmarc2
        SBR High Roller
        • 05-17-12
        • 224

        #4
        If you have a small balance (me) and games go off at the same time....You just wing it....Knowing the books have an advantage....
        That's the simple answer to the concept
        Comment
        • tto827
          SBR Hall of Famer
          • 10-01-12
          • 9078

          #5
          Knowing little about money management, I used to do them all the time, risking low hundreds to win high 4 digits. Once I won some of those, well losing others also, its hard to eek out 80-200 a week using BR management. Hitting it big is fun, the key is not allowing parlays to be a significant amount of your wagers. PS. If you want to hit it big, bet on Bears/Ravens SB at +24000.
          Comment
          • marcojuiceman
            SBR MVP
            • 05-25-11
            • 2870

            #6
            Not really i use rolling bets if games start at the same time @Dance
            Comment
            • Vegas39
              BARRELED IN @ SBR!
              • 09-22-11
              • 30686

              #7
              Originally posted by tto827
              Knowing little about money management, I used to do them all the time, risking low hundreds to win high 4 digits. Once I won some of those, well losing others also, its hard to eek out 80-200 a week using BR management. Hitting it big is fun, the key is not allowing parlays to be a significant amount of your wagers. PS. If you want to hit it big, bet on Bears/Ravens SB at +24000.
              I would if I thought Bears would make playoffs
              Comment
              • Dancemanmarc2
                SBR High Roller
                • 05-17-12
                • 224

                #8
                @Marco....Lines Change...Maybe you are happy with being locked in....Feel you have an advantage...
                @tto........Niners Moneyline on Sunday Night Could be Nice
                Comment
                • tto827
                  SBR Hall of Famer
                  • 10-01-12
                  • 9078

                  #9
                  Originally posted by Vegas39
                  I would if I thought Bears would make playoffs
                  That's what I am most worried about... Lovie will get this team straightened out, will it happen in time, or will it happen week 17, I am not sure. But if the Bears beat the Pack this week, they still have a chance at a 2 seed. And if the only road game they have to win is at ATL, I like there chances.
                  Comment
                  • Naz18
                    SBR MVP
                    • 09-10-09
                    • 4277

                    #10
                    Parleys are great for recreational players no doubt. If you deposit $150 your unit size would be like $5...would take awhile to grind it out to say like $1500.
                    Comment
                    • EaglesPhan36
                      SBR Aristocracy
                      • 12-06-06
                      • 71662

                      #11
                      Parlays are very useful if you're playing higher chalk MLs, not sure why you wouldn't utilize them more.
                      Comment
                      • marcojuiceman
                        SBR MVP
                        • 05-25-11
                        • 2870

                        #12
                        I have to disagree a recerational gambler can take 150 and turn it into 5 figures with patience in no time... but i do agree with your concept of bankroll managment @Naz
                        Comment
                        • pavyracer
                          SBR Aristocracy
                          • 04-12-07
                          • 82841

                          #13
                          Originally posted by marcojuiceman
                          I havent come to grasp that concept yet? I havent parlayed but maybe twice earlier this year... i bet 2-4 games a day and 6 on weekends if i hit the first game for lets say 485 and would do the next game for a smaller amount unless its a Game i know that has zero chance of me losing.. by the end the day im up only if i made one hundred bucks.... i refuse to make books richer than they already are... just my two cents
                          Why? Because you can start with 6 points on Monday and by Sunday you become a Pro. Try it like I did!
                          Comment
                          • lunchbawks
                            SBR Posting Legend
                            • 01-31-10
                            • 12873

                            #14
                            good way to run up a small bankroll

                            impossible to turn 400 into 5k in a weekend doing -110 single plays
                            Comment
                            • DudleyDawson
                              SBR Hall of Famer
                              • 02-10-12
                              • 5658

                              #15
                              Originally posted by pavyracer
                              Why? Because you can start with 6 points on Monday and by Sunday you become a Pro. Try it like I did!
                              Comment
                              • Big Bear
                                SBR Aristocracy
                                • 11-01-11
                                • 43253

                                #16
                                Originally posted by marcojuiceman
                                I havent come to grasp that concept yet? I havent parlayed but maybe twice earlier this year... i bet 2-4 games a day and 6 on weekends if i hit the first game for lets say 485 and would do the next game for a smaller amount unless its a Game i know that has zero chance of me losing.. by the end the day im up only if i made one hundred bucks.... i refuse to make books richer than they already are... just my two cents
                                Is this the same broke dik fukk that had a thread about Texans ML ??? LOL

                                Take your monkey ass to the saloon with this shit
                                Comment
                                • Big Bear
                                  SBR Aristocracy
                                  • 11-01-11
                                  • 43253

                                  #17
                                  Jk pal. I will answer your question.

                                  Parlays have their place. Say you want to bet a small amount with a chance to win a big amount... Ya know it serves it purpose.

                                  Some Sundays you might not feel like being glued to a TV sweating bullets over a large bet so you throw a parlay down to give your self a chance to win big and you can relax bc you know if you lose it aint no big deal bc you didnt risk much.

                                  My best advice is bet single plays and wait until you feel confident and bet as big as you can.
                                  Comment
                                  • thetrinity
                                    SBR Posting Legend
                                    • 01-25-11
                                    • 22431

                                    #18
                                    i usually will do a running parlay for 25 teams at 5dimes buying points and all kindsa naughty shit for shits n giggles but no real use to do them seriously.
                                    Comment
                                    • tto827
                                      SBR Hall of Famer
                                      • 10-01-12
                                      • 9078

                                      #19
                                      Originally posted by thetrinity
                                      i usually will do a running parlay for 25 teams at 5Dimes buying points and all kindsa naughty shit for shits n giggles but no real use to do them seriously.
                                      If you are a large gambler trying to avoid limits, they can come in handy. Only time they really can be more +EV than a standard bet.
                                      Comment
                                      • CrazyCarl
                                        SBR MVP
                                        • 10-09-11
                                        • 1437

                                        #20
                                        The answer to your question lies within the question itself.
                                        Comment
                                        • pavyracer
                                          SBR Aristocracy
                                          • 04-12-07
                                          • 82841

                                          #21
                                          Originally posted by tto827
                                          If you are a large gambler trying to avoid limits, they can come in handy. Only time they really can be more +EV than a standard bet.
                                          Especially in soccer where most books have a $250 limit on sides and totals. So lets say you like an over but you can only bet $250 straight up. Well you can bet another $250 by parlaying it with a -1000 ML and so on. So you increase your straight up bet by another $250 by throwing in a huge chalky bet in the parlay. You can even parlay it with a college hoops heavy chalk line and no one will notice.
                                          Comment
                                          • MUHerd37
                                            SBR Posting Legend
                                            • 10-23-09
                                            • 12816

                                            #22
                                            I parlay MLs all the time. Pretty easy stuff.
                                            Comment
                                            • hels
                                              SBR Hall of Famer
                                              • 04-12-09
                                              • 8767

                                              #23
                                              parlays or large dogs are the only smart bets for SBR freeplays
                                              Comment
                                              • marcojuiceman
                                                SBR MVP
                                                • 05-25-11
                                                • 2870

                                                #24
                                                Originally posted by Big Bear
                                                Is this the same broke dik fukk that had a thread about Texans ML ??? LOL

                                                Take your monkey ass to the saloon with this shit
                                                Im a Grinder not a One Day Boat Show.. Betting is a Year around thing for me
                                                Comment
                                                • CDMKMP
                                                  SBR Wise Guy
                                                  • 10-18-12
                                                  • 774

                                                  #25
                                                  The vast majority of people simply don't understand the math and don't care to. They feel like they can pick winners and beat the odds on parlays ... and 95% they're a bookie's best friend for it.

                                                  Parlays can be fine in small doses by experience gamblers but most people play them for the quick buck or convince themselves a bunch of shit will go their way.

                                                  And god forbid they win one because they'll give it all back and then some chasing that dragon again. Books love it.

                                                  There is no such thing as a free lunch ... so just cuz there are high moneylines parlaying them is far from automatic or a good idea like people are hinting at.

                                                  One of the most basic concepts of probability is that independent events get multiplied together for the overall chance, so you can quickly see how parlays become a losing proposition.

                                                  Even if you had three games that you assign a 75% chance of winning, your total chance in a 3-team parlay is only .75 *.75 * .75 = 42% ... also, it's pretty hard to assign 75% or more to spread picks, and if you do moneylines instead you're gonna get crushed on the payout even after parlaying.

                                                  It's generally stupid to need multiple events to all go right just so you can get even money or a return that could be obtained from capping single events.

                                                  In most cases if you have picks you are confident about just bet them straight up rather than parlay. At the very least reserve tiny amounts for parlays and view them for what they generally are - shots in the dark.
                                                  Comment
                                                  • nayslayer
                                                    SBR High Roller
                                                    • 08-16-10
                                                    • 123

                                                    #26
                                                    I like doing 3 game parlays for a unit or two on the weekend. I also do some single spread pix for 4 or 5 units and have done well this year. Doubled bankroll so far,I have fun with it
                                                    Comment
                                                    • TheCentaur
                                                      SBR Hall of Famer
                                                      • 06-28-11
                                                      • 8108

                                                      #27
                                                      Cheap entertainment. I've got .50 cents pending to win $247,000 this bowl season
                                                      Comment
                                                      • patswin
                                                        SBR MVP
                                                        • 09-05-06
                                                        • 1794

                                                        #28
                                                        Originally posted by tto827
                                                        If you are a large gambler trying to avoid limits, they can come in handy. Only time they really can be more +EV than a standard bet.
                                                        That's what I would say also
                                                        Comment
                                                        • ebbearsfb1
                                                          SBR Posting Legend
                                                          • 12-07-08
                                                          • 18815

                                                          #29
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                                                          i usually never do them either... only reason i tried it cause i was struggling and figured what the hell...

                                                          alot of those games were a major sweat
                                                          Comment
                                                          • rm18
                                                            SBR Posting Legend
                                                            • 09-20-05
                                                            • 22291

                                                            #30
                                                            main thing i use parlays for is to bet over the limit, the limit might be $1000 but you can bet 2 $1000 parlays than a $1000 straight bet also do a few correlated parlays
                                                            Comment
                                                            • soul786
                                                              SBR MVP
                                                              • 03-09-12
                                                              • 1697

                                                              #31
                                                              Originally posted by ebbearsfb1
                                                              [ATTACH]51486[/ATTACH]


                                                              i usually never do them either... only reason i tried it cause i was struggling and figured what the hell...

                                                              alot of those games were a major sweat
                                                              I'm thinking of putting some change into dimes and doing a similar thing
                                                              Comment
                                                              • marcojuiceman
                                                                SBR MVP
                                                                • 05-25-11
                                                                • 2870

                                                                #32
                                                                Originally posted by CDMKMP
                                                                The vast majority of people simply don't understand the math and don't care to. They feel like they can pick winners and beat the odds on parlays ... and 95% they're a bookie's best friend for it.

                                                                Parlays can be fine in small doses by experience gamblers but most people play them for the quick buck or convince themselves a bunch of shit will go their way.

                                                                And god forbid they win one because they'll give it all back and then some chasing that dragon again. Books love it.
                                                                This^^ I fully agree
                                                                Comment
                                                                • GunShard
                                                                  SBR Posting Legend
                                                                  • 03-05-10
                                                                  • 10032

                                                                  #33
                                                                  If you had to bet parlays. it should be a two teamer max.

                                                                  Comment
                                                                  • wantitall4moi
                                                                    SBR MVP
                                                                    • 04-17-10
                                                                    • 3063

                                                                    #34
                                                                    Originally posted by GunShard
                                                                    If you had to bet parlays. it should be a two teamer max.

                                                                    He got it wrong, but no use trying to explain it.
                                                                    Comment
                                                                    • brumbies
                                                                      SBR MVP
                                                                      • 02-21-09
                                                                      • 1490

                                                                      #35
                                                                      Originally posted by wantitall4moi
                                                                      He got it wrong, but no use trying to explain it.
                                                                      what did he get wrong? The calculation?
                                                                      Comment
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