Correlated betting-- If an online book allows it...

[dlunc3]

Then can they revoke any balance or winnings after the fact if they realize what you are doing?

[Snowball]

if you correlate everything perfectly and keep repeating
then probably get canned.
but if you partially correlate and modify the strategy should be fine.

[jjgold]

I do not think a ton of books do it with all sports??

[dlunc3]

I do not think a ton of books do it with all sports??

I have a book that will allow it.. I am worried what will happen if I continue to win... Very tough to find books that allow It anymore

[Russian Rocket]

At managerial discretion, correlated plays will be voided or split into separate straight wagers with the risk amount divided equally. Plays on correlated events include: multiple selections on the same team/player in the same event, multiple selections against the same team/player in the same event, or any other combination where one event directly affects further selections in the play, including Live In-Play wagers. Players will never be given the benefit if there is any doubt regarding intentions of correlated plays and winnings will be voided. No warnings will be given.

[dlunc3]

At managerial discretion, correlated plays will be voided or split into separate straight wagers with the risk amount divided equally. Plays on correlated events include: multiple selections on the same team/player in the same event, multiple selections against the same team/player in the same event, or any other combination where one event directly affects further selections in the play, including Live In-Play wagers. Players will never be given the benefit if there is any doubt regarding intentions of correlated plays and winnings will be voided. No warnings will be given.

So based on that, if you had a book that would accept them, you would not exploit it?

[Russian Rocket]

So based on that, if you had a book that would accept them, you would not exploit it?

I would

[dlunc3]

I would

Hit my first 3 today and have more later that fit my criteria... Very hesitant to put them in

[Russian Rocket]

Hit my first 3 today and have more later that fit my criteria... Very hesitant to put them in

what's the worst thing that can happen? your bets will be canceled, but I doubt that they will revoke your balance
call them up and ask this question

[rm18]

[dlunc3]

what's the worst thing that can happen? your bets will be canceled, but I doubt that they will revoke your balance
call them up and ask this question

Probably right... Im not sure i want to bring it to their attention.. Not sure how I would even phrase the question so that it was not suspicious

[Russian Rocket]

Probably right... Im not sure i want to bring it to their attention.. Not sure how I would even phrase the question so that it was not suspicious

don't give them your acct#...say you're a new player and before you sign up, you just want to find out what their story is on correlated betting

[mink]

At managerial discretion, correlated plays will be voided or split into separate straight wagers with the risk amount divided equally. Plays on correlated events include: multiple selections on the same team/player in the same event, multiple selections against the same team/player in the same event, or any other combination where one event directly affects further selections in the play, including Live In-Play wagers. Players will never be given the benefit if there is any doubt regarding intentions of correlated plays and winnings will be voided. No warnings will be given.

So, what exactly is a correlated bet? Is it basically a parlay that increases odds but doesn't necessarily increase risk?

[allabout the $$$]

So, what exactly is a correlated bet? Is it basically a parlay that increases odds but doesn't necessarily increase risk?

that 2 outcomes are very likely if i hits both will

ex alabama - 38 over 41

if alabama covers the game very likely will go over same as taking the dog and under

[mink]

Makes sense. So, judging by the rule posted above, do you interpret it to mean that if you are "caught" making a correlated play, your entire account will be confiscated? Does "Winnings will be voided" mean your entire account is terminated and all your money is confiscated? Just a curiosity.

[DR225]

that 2 outcomes are very likely if i hits both will

ex alabama - 38 over 41

if alabama covers the game very likely will go over same as taking the dog and under

There's a couple of books that allow you to do that. You can parlay mlb/nba/nfl/nhl ML with their respective totals at bookmaker. Not their individual team totals though, the overall total. You can't parlay with the spreads/totals though but ML and total is valuable enough.

[allabout the $$$]

There's a couple of books that allow you to do that. You can parlay mlb/nba/nfl/nhl ML with their respective totals at bookmaker. Not their individual team totals though, the overall total. You can't parlay with the spreads/totals though but ML and total is valuable enough.

what books allow that? spread and total like in the example above? any book that allows that is going out of business quickly

[BuckyOne]

There was a major rhubarb 6-8 years ago with a World gaming book. They went back at least six months and voided a lot of bets.

[inter1097]

Depends on the book obviously. Some will pay you, some won't. I've seen one retroactively enforce a "no correlated parlays" rule and void them all One took a long ass time to catch on but they eventually did. (They paid me too!) Another was using the same software but eventually closed up shop (I don't think it was related to what I was doing, they just closed up shop, I came out ahead even though they owed me more)

[mink]

Depends on the book obviously. Some will pay you, some won't. I've seen one retroactively enforce a "no correlated parlays" rule and void them all One took a long ass time to catch on but they eventually did. (They paid me too!) Another was using the same software but eventually closed up shop (I don't think it was related to what I was doing, they just closed up shop, I came out ahead even though they owed me more)

Thanks for the response, however, do you believe that based on how that rule that was posted reads, that if you are "caught" placing a correlated bet, all your money will be confiscated instead of a reversal of the correlated bets? Is it customary for a book to terminate your account and take all your money because you placed a correlated bet?

[inter1097]

Thanks for the response, however, do you believe that based on how that rule that was posted reads, that if you are "caught" placing a correlated bet, all your money will be confiscated instead of a reversal of the correlated bets? Is it customary for a book to terminate your account and take all your money because you placed a correlated bet?

I've never had an account terminated/money won from non-correlated bets confiscated but That doesn't mean it can't happen. Based on that rule, they would just nullify all my correlated bets.

[BuckyOne]

Part of the rhubarb was they only voided the correlated bets that won. Very flimsy definition of what is correlated and what is not. It is the beauty of a non regulated environment.

[mink]

Isn't acceptance of a correlated bet the book's fault, though? Why would they be so pissed about their software glitching? Isn't an easy remedy to cancel the bet?

[BuckyOne]

Isn't acceptance of a correlated bet the book's fault, though? Why would they be so pissed about their software glitching? Isn't an easy remedy to cancel the bet?

We all agree that it is. Once they take the bet and the game starts the bet should be good. It wasn't a glitch but more or less a loophole. Players must have been taking a lot of payouts and they were bleeding money. They were not pissed so much as they had to do it to save the sportsbook because there were so many payout requests. It is amazing that it took them so long to figure it out. Why they were getting the crap beat out of them. I think they were so stupid they did not even know what a correlated parlay was.