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For all you parlay bettors, wake up!
Why would anyone bet a parlay unless the payoff is huge, like around 50k?
1)The book charges you extra juice that wouldn't be there if you bet and parlayed every event seperately
2)You lock all the bets into one book instead of being able to shop for the best price
If you don't mind paying the extra 10% or more that it costs you betting a parlay then no wonder you aren't winning!
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99% of gamblers have no discipline and will chase with huge bets after insignificant losing streaks
parlays can be small risk high rewards
Hey fukkstik,
Not all of us have a spare 50K laying around to put 5K in 10 books and shop around!!!
Most guys here have $127.51 cents to their names and it is all in one book....
Hitting a big parlay is some peoples only chance at a better life...
Patty Venditto might be shopping for lines on his $18 wagers..., but the rest aren't!!!
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What if I parlay two +110 dogs?
Somebody should make a big parlay bet and post that motherfukker in here. It can't lose now.
well said II
Here's what the sports books get thanks to parlay bets...
Even if this is the case you save the juice by just betting each game...Originally Posted by iifold
Parlays are the only way to make scores
If you think your going to win betting individual games your mistaken
lost the 10th leg of an eleven teamer for 20,000 last saturday that hurt bad
But what I'm saying is parlay it yourself by betting everything after each win. You save the juice
parlay 2 spreads. -110 each.But what I'm saying is parlay it yourself by betting everything after each win. You save the juice
parlay: 110 to win 290.91
after win you have: 400.91
team 1: -110 bet 110 to win 100.
team 2: -110 bet 210 to win 190.91
total with 2 wins: 400.91
what am i missing here?
That you are risking 110 with the parlay versus 320 with the straight bets.
well he said do if bets and save juice. so in actuality after team 1 wins, let it ride, and we are risking the 110 only.
What I'm saying is you get charged a "package" tax by betting a parlay. If you just bet and parlay the winnings yourself each event you are saving that tax. Add in the earnings you lose by not being able to shop the best price on each event among different books and it's costing you more. The exception would be if you had multiple simultaneous events, then you wouldn't have a choice.
Lol... Maybe I should read what you are responding to...
If you double your bets (through if bets or whatever) you would be better off once you start adding more legs to your parlays... Some books offer true odds on their parlays that pay off at this percentage and at most books, if you throw in a game that is listed off of -110, you will get true odds rather then parlay odds...
If you can get 3 game parlay at 7-1 on games going on at same time that is good.
I don't know anything about odds, value, or risk.
But I do know this...
Sportsbooks (Vegas) don't offer parlays because they are an advantage for you.
parlays are risky bets....high risk high reward.
saying parlays are completely bad bet makes you look bad.
If you are a good capper who can pick 55% or more...the 2 team parlays are +EV long term.
Some poster in think tank did detailed analysis on this.
The point is....straight bets or parlays...you have to know how to pick winners. If not, it doesn't matter what type of bet you place.
The only real reason people parlay is because they need to build their accounts. If you know 3 teams are going to pay off, but you have $100 total in the book what do you do? Bet $33 on each & end up with maybe $175 if your lucky because your a broke fukk?
Or do you bet the $100 on a 3 teamer to win $600 or more? It's risky, you pay more, but if you don't have the cash to bet 3 teams straight for a real win then it's a risk worth taking. I hit an 10 teamer last year in football made a thread about it. My family had a great Christmas & betphoenix stopped offering freeplays here shortly after lol. Long run I've made more off parlays than off straight bets.
wouldn't be shocked if some books took some big hits the past couple days, squares have to be cleaning up, every time I looked past few days in MLB the big favs and overs were cleaning up
well OP, you are incorrect to say that the odds dont become more favorable to the bettor in a parlay.
you are very correct to say they're commonly a sucker bet and risky.
the general premise is is correct and applicable to 2-teamers at those odds but once you start adding more teams, the pot gets much sweeter exponentially.
gave you 5 points for warning against parlays though. they're bad for you but so fun to hit- and the big ones are like playing the lottery but with information as to which numbers should hit.
I like parlays as a challenge. Hit a 7eamer Sunday nite. Sweated out the Cincy game. Nothing like it. You will never win the big parlays; although i came two teams short in a 10 teamer with a possible payout of 249K. For 20 bucks cant beat it. The key is to pick 4 locks and wheel it like horses. The best way to make money is to pick 4 teams. Pick a 12:00 pm or early game. If its a 100 parlay, put 200 down on the early team not in the parlay. That way ur not blown out early. Pick 2 7:00 pms and a 10:10 west coast game. If u hit the first three, split the winnings by hedging ur bet by going opposite. Glad I hedged on the Mets at SF a few Sundays ago. Other times if u have a feeling, let it ride. After all, what is the point of gambling?
I don't play that many parlays but a 5 euro 9 team parlay hit years ago for over 2000 euro. That was a good weekend out with my friends and more which I never would of got had I bet them in single bets.
Yes, parlays, are stupid bets but when you bet $1-5 on a 9-12 teamer, where is the harm? Especially if you have made profit on it previously.
Also, there is nothing sweeter to walk into that bookiers with your bet slip and they having to hand over that cheque.
Glitch gave TheCentaur 5 SBR Point(s) for this post.
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