Anyone do this to make more $$?

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  • blstrick5
    SBR Wise Guy
    • 11-12-13
    • 561

    #1
    Anyone do this to make more $$?
    Anyone ever tried parlaying all of their bets with another game? Let's say for instance if you were going to bet $220 on a game, instead place two $110 bets on the side you think will win and parlay both of those bets with another game, betting both sides of the line.

    This way if you hit the pick you were making anyway, instead of getting $200 on your $220 bet, you would make $290.91 if both lines you bet were -110. If you lose your pick, you still lose the same amount of money.
  • BIGDAY
    SBR Aristocracy
    • 02-17-10
    • 48245

    #2
    Interesting.
    Comment
    • TheMoneyShot
      BARRELED IN @ SBR!
      • 02-14-07
      • 28672

      #3
      Originally posted by BIGDAY
      Interesting.
      This.
      Comment
      • blstrick5
        SBR Wise Guy
        • 11-12-13
        • 561

        #4
        The only way I could see you getting screwed is if the second game lands exactly on the point spread. Because on one bet you would get your money back but you would lose the other bet. So in my example above you would lose $110.00. But you could avoid this by buying .5 point on the second game if the line is a whole number so that game can't end exactly on the spread.
        Comment
        • InTheDrink
          SBR Posting Legend
          • 11-23-09
          • 23983

          #5
          Originally posted by TheMoneyShot
          This.
          That.
          Comment
          • Parlayplayer
            SBR High Roller
            • 11-01-13
            • 114

            #6
            Does not win u extra money if u bet both sides of a line it actually costs u 19$.

            example bears -110 to win (220 wins 200) 220+200=420

            bears-110 to win and over 44 -110 2 team parlay (110 wins 290.91) 110+290.91=400.91
            Bears-110 to win and under 44-110 2 team parlay is a loser so ur left with 400.91 on ur 220 investment!

            however when I have a strong play I do parlay it up with multiple plays that I was gonna bet strait up to try and increase winnings but betting both sides to make a winning parlay is not profitable as I showed u above. U get ur juice back when u win so that is added to ur overall win
            Comment
            • blstrick5
              SBR Wise Guy
              • 11-12-13
              • 561

              #7
              Ahhh, didn't think about that. Makes sense. Close thread.
              Comment
              • Parlayplayer
                SBR High Roller
                • 11-01-13
                • 114

                #8
                This would be a good strategy when middling with basketball and football totals. If u catch an opening line at 44o/u and u get a lot of movement on the total and it moves up to 50.5o/u that may be a good time to try something like that cuz u can still hit both parlays if u catch the early total befor the line movement. This is still risky cuz ur hoping that total will move quite a bit for u to bet the other side. Basketball totals sometime fluctuate more then football totals though so u may have a shot there.
                Comment
                • Parlayplayer
                  SBR High Roller
                  • 11-01-13
                  • 114

                  #9
                  Originally posted by blstrick5
                  Ahhh, didn't think about that. Makes sense. Close thread.
                  It's all good! Believe me I've done the same thing as u many times! Trying to figure out ways to maximize my profit with the same risk amount. It's a good thing to do, u will find strategies u like and then ones that don't work but its all part of the game. It's only gonna make u a better gambler! Bol!
                  Comment
                  • Otters27
                    BARRELED IN @ SBR!
                    • 07-14-07
                    • 30760

                    #10
                    I will sometimes parlay my bets with a large chalk moneyline to reduce the juice. Problem is if you lose chalk money line you lose all your bets
                    Comment
                    • jjgold
                      SBR Aristocracy
                      • 07-20-05
                      • 388179

                      #11
                      Parlays wheel

                      Team A with Teams C , D, E
                      Comment
                      • BigDeem5
                        SBR Posting Legend
                        • 02-26-11
                        • 17191

                        #12
                        Parlays for suckers
                        Comment
                        • Vinnie Paz
                          SBR Posting Legend
                          • 03-27-12
                          • 12177

                          #13
                          I don't get it
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388179

                            #14
                            Paz it's why you live in South Phila

                            Leave the tech stuff to us heavy hitters
                            Comment
                            • Sam Odom
                              SBR Aristocracy
                              • 10-30-05
                              • 58063

                              #15
                              No combination[s] of -ev events can = +ev
                              Comment
                              • Sam Odom
                                SBR Aristocracy
                                • 10-30-05
                                • 58063

                                #16
                                Originally posted by BigDeem5

                                Parlays for suckers

                                Not 100% true...
                                Comment
                                • TheMoneyShot
                                  BARRELED IN @ SBR!
                                  • 02-14-07
                                  • 28672

                                  #17
                                  Originally posted by Sam Odom
                                  Not 100% true...
                                  Deemer about 99.9% right though.
                                  Comment
                                  • Jago2008
                                    SBR MVP
                                    • 05-18-11
                                    • 3047

                                    #18
                                    While parlays can be -EV in the long run (potentially), I disagree that they are for suckers.

                                    I believe there are proper bets when starting to generate a bankroll, particularly straight bets and in accordance with your bankroll. But parlays can be nice for rolling over/rounding off straight bet winners. I use it all the time when I have a bankroll that I want to build on, obviously I'm not parlaying large amounts, I never parlay money I can't handle losing i.e. it's not scared money, just an example from the last few days:

                                    I always say for bettors just getting started remember it's not about how much you want to win but what you can afford to lose when determining your roll.

                                    217010023-1 12/18/13 6:08pm $168.89 $187.12 $356.01 Win 2 Team Parlay
                                    Win 12/18/13 8:05pm NBA Basketball 713 New York Knicks -165* <small>vs</small> Milwaukee Bucks
                                    Win 12/18/13 8:35pm NBA Basketball 718 Dallas Mavericks 1st Half -320* <small>vs</small> Memphis Grizzlies
                                    216917755-1 12/17/13 9:56pm $80.00 $88.89 $168.89 Win 2 Team Parlay
                                    Win 12/17/13 10:35pm NBA Basketball 510 Golden State Warriors 1st Quarter -185* <small>vs</small> New Orleans Pelicans
                                    Win 12/17/13 10:30pm College Basketball 536 Oregon (1st 10 min) 1st Half -270* <small>vs</small> Cal Irvine (1st 10 min)
                                    216879081-1 12/17/13 7:03pm $52.23 $167.14 $0.00 Loss 2 Team Parlay
                                    Loss 12/17/13 7:05pm NBA Basketball 503 Sacramento Kings/Charlotte Bobcats Over 196½ -110*
                                    Win 12/17/13 8:05pm NBA Basketball 505 Los Angeles Lakers +120* <small>vs</small> Memphis Grizzlies
                                    216757642-1 12/16/13 9:05pm $50.00 $132.23 $182.23 Win 2 Team Parlay
                                    Win 12/16/13 8:40pm Live In-Play Football 9333 Baltimore Ravens +8 -110* <small>vs</small> Detroit Lions
                                    Win 12/16/13 10:35pm NBA Basketball 715 San Antonio Spurs/Los Angeles Clippers 1st Half Over 101 -110*
                                    Comment
                                    • Vitothecapper
                                      SBR Wise Guy
                                      • 08-07-13
                                      • 845

                                      #19
                                      really a sucker play if it's a 14-6 parlay rather than a 13 to 5.
                                      Comment
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