Your thoughts on open parlays?

[chantrain]

I've been fooling around with open parlays on 5Dimes and they seem really easy. I'm about 4 spaces away from closing a 25 team open parlay, $15 to win over $100.

I mostly just pick huge favorites, -1000 moneylines and greater

Does anyone else have experience with open parlays and want to share their thoughts?

	12/14/12 11:47am	$15.00	$94.14	Open	25 Team Parlay
				Win	12/14/12 7:00pm College Football 342 Mount Union -1350* <small>vs</small> St Thomas MN
				Win	12/14/12 8:05pm NBA Basketball 816 Oklahoma City Thunder -1400* <small>vs</small> Sacramento Kings
				Win	12/14/12 7:00pm Boxing Fighting 302 Jean Pascal -4000* <small>vs</small> Aleksy Kuziemski
				Win	12/14/12 7:00pm Boxing Fighting 326 Eleider Alvarez -1200* <small>vs</small> Danny McIntosh
				Win	12/15/12 4:00pm Boxing Fighting 202 Arthur Abraham -5000* <small>vs</small> Mehdi Bouadla
				Win	12/15/12 2:00pm Boxing Fighting 326 Billy Joe Saunders -1400* <small>vs</small> Nick Blackwell
				Win	12/15/12 10:00pm Boxing Fighting 402 Nonito Donaire -1250* <small>vs</small> Jorge Arce
				Win	12/15/12 10:30pm Boxing Fighting 926 Leo Santa Cruz -2500* <small>vs</small> Alberto Guevara
	12/16/12 4:11pm			Pending	12/29/12 4:00pm College Football 232 Arizona State -600* <small>vs</small> Navy
	12/16/12 4:11pm			Pending	1/1/13 12:00pm College Football 248 Oklahoma State -900* <small>vs</small> Purdue
	12/16/12 4:11pm			Win	12/16/12 5:00pm College Basketball 814 Depaul -4800* <small>vs</small> Northern Illinois
	12/16/12 4:11pm			Win	12/16/12 6:00pm College Basketball 828 Illinois -1275* <small>vs</small> Eastern Kentucky
	12/17/12 10:09pm			Pending	12/23/12 4:05pm NFL Football 126 Denver Broncos -1100* <small>vs</small> Cleveland Browns
	12/18/12 12:01pm			Win	12/18/12 7:00pm College Basketball 522 Purdue -2000* <small>vs</small> Ball State
	12/18/12 12:01pm			Win	12/18/12 7:00pm College Basketball 530 Kansas -1400* <small>vs</small> Richmond
	12/18/12 12:01pm			Win	12/18/12 7:00pm College Basketball 534 VA Commonwealth -2500* <small>vs</small> Western Kentucky
	12/18/12 12:01pm			Win	12/18/12 11:00pm College Basketball 544 UCLA -1100* <small>vs</small> Long Beach State
	12/18/12 12:01pm			Win	12/18/12 11:00pm College Basketball 546 California -1100* <small>vs</small> Cal Santa Barbara
	12/18/12 12:01pm			Win	12/18/12 7:00pm College Basketball 548 Wake Forest -1100* <small>vs</small> Furman
	12/18/12 12:01pm			Win	12/18/12 8:00pm College Basketball 554 Middle Tennessee State -1250* <small>vs</small> Tennessee State
	12/18/12 12:01pm			Win	12/18/12 7:00pm College Basketball 562 Ohio State -57000* <small>vs</small> Winthrop
	12/18/12 7:34pm			Win	12/18/12 8:05pm NBA Basketball 510 Chicago Bulls -123* <small>vs</small> Boston Celtics

[hels]

In my eyes they are a better option than being forced to take 25 teams in a weekend. Open parlays you can find better spots.

If you do them purely for entertainment purposes then play them however you like. If you are serious and am in it to make money then start off with dogs/even lines and gradually pick larger favs.

[chantrain]

I don't understand why you would take moslty dogs. I'm taking large favorites because they have a small chance to lose straight up, thereby mitigating my risk.

I don't really see any other way to use 25 team open parlays, really.

[hels]

I don't understand why you would take moslty dogs. I'm taking large favorites because they have a small chance to lose straight up, thereby mitigating my risk.

I don't really see any other way to use 25 team open parlays, really.

You may have misunderstood my suggestion. It's not too take 'mostly' dogs. It's starting a parlay with some better lines. For example, if you bet a +100 pick to start this parlay then the final winnings ($100 +) will be $200 +.

You'll lose more at the start of a parlay but after a couple games you can then start to pick larger favorites like in this current parlay.

[chantrain]

I see, yeah thats a good suggestion. I threw a better line in there towards the end with that Bulls game so I guess I did it kinda backwards from what you suggested

[lonegambler]

to me is all about bettering ur percentage on winning a bet , whether or not it take s a weekend or even 10-14 days a winning bet is a winning bet, ifeel the open parlays enable ur percentage to jump drastically so i do feel u will profit at the end, just think 15 is too little i would like to jump up to maybe 45 to win in the neighborhood of 300 do that 2 times about u just clipped 600 a month without breaking a sweat. which is why money management is far more important in gambling setting a plan and sticking with it

[TheCentaur]

I don't understand why you would take moslty dogs. I'm taking large favorites because they have a small chance to lose straight up, thereby mitigating my risk.

I don't really see any other way to use 25 team open parlays, really.

No offense, but you are the reason sportsbetting can be +ev for others

[boeing power]

to me is all about bettering ur percentage on winning a bet , whether or not it take s a weekend or even 10-14 days a winning bet is a winning bet, ifeel the open parlays enable ur percentage to jump drastically so i do feel u will profit at the end, just think 15 is too little i would like to jump up to maybe 45 to win in the neighborhood of 300 do that 2 times about u just clipped 600 a month without breaking a sweat. which is why money management is far more important in gambling setting a plan and sticking with it

I agree,

If you have good money management and patience these open parlays/teasers can be profitable.

[chantrain]

No offense, but you are the reason sportsbetting can be +ev for others

I don't really care how I look to you super smart sharps. We're all here because we want to make money so lets work towards that goal instead of fighting eachother because our ego gets in the way.

[boeing power]

I don't really care how I look to you super smart sharps. We're all here because we want to make money so lets work towards that goal instead of fighting eachother because our ego gets in the way.

Don't mind centaur, he hasn't won a bet since Bo Jackson retired.

[VegasInsider]

I have a lot of experience with open parlays and play them quite often. I'll usually open a 3-4 teamer and pick games over a 2-3 day period. It's basically like taking your "play of the day" and keeping adding them in. If you don't like the day's card....then just pass until you see something you like.

It also gives you a chance to "hedge" when you're getting towards to end of a larger open parlays.

[TheCentaur]

Don't mind centaur, he hasn't won a bet since Bo Jackson retired.

[ColdBeerHere]

I like them...they are fun...I would think I am probably up on them though I have not kept track....I take my time with them though....right now i have a 3 team parlay i started on dec.3 (i really havent been capping or betting much lately)

and i have a 19 team open parlay that was started on october 3 ! I have 17 teams filled and won on that...mostly big juice plays - that ha soccer, tennis, nfl, college football, and even a rugby pick in it,.

sometimes i'll play 6 teamers, 12 teamers, etc....really depends on how i feel.

[coop]

You think they are easy because you still have 4 spots left

[cankid]

not a smart wager but gluck noinetheless

[Big Bear]

Open parlays are useful in MLB that way you can wait and pick a bunch of teams when they have their ace on the mound

[BIGDAY]

I use them for almost every MMA event for props.

My record is definatly +EV with them.

[ngates815]

5dimes no longer offers "open" parlays to me.
sad.

[Optional]

5dimes no longer offers "open" parlays to me.
sad.

Get on live chat and ask for them to be re-enabled.

(don't know why we all had them turned off)

[ngates815]

Get on live chat and ask for them to be re-enabled.

(don't know why we all had them turned off)

I will see if that works...Thanks and I'll give you 1 point if it doesn't work.

[gryfyn1]

I don't get the point of Open Parlays.

they don't offer any better odds for the individual games and all they really do is force you bet with your winnings if you win. ma

The only advantage i can really see is if you want to place a wager on a game before a previous bet will be graded and you have most/all of your available fund tied up in said wager.

[ngates815]

I don't get the point of Open Parlays.

they don't offer any better odds for the individual games and all they really do is force you bet with your winnings if you win. ma

The only advantage i can really see is if you want to place a wager on a game before a previous bet will be graded and you have most/all of your available fund tied up in said wager.

Fun for action bets.
Same thing with Open Teasers...I don't have a problem teasing 4-5 games a weekend and then just waiting for the next to add a couple more teams, then the same the next week.