Been doing a few open parlays for small amounts for fun with the US Open.
I have a question with the wagering/payouts of them. Say I have $20 and I put them on two $10 parlays.
The first one I have just one pick and one open pick, the second is 5 picks and 1 open pick.
On the 1st parlay I just take a -110 pick, the second one I do 5 heavy favs that when all put together payout the equivalent of -110 for the parlay. When I place the 2nd open pick on the 1st parlay, and the 6th open pick on the 2nd parlay, if they are the same pick (say +100), will the payouts of the 2 parlays be the same?
If beforehand both parlays were worth -110, are they worth the exact same when added with another exact same play, or is the 5-teamer worth more at -110 because of how multi-pick parlays payout? And it will accumulate into greater odds faster with more teams? Or is it only what the current odds are at of the parlay? I don't know how parlay payouts and odds and math all work out to be.
Kind of a confusing question but I hope someone can understand what i'm asking and answer me. This might be a really simple answer that I'm missing because I'm an idiot. I'm just curious basically. Thanks.
I have a question with the wagering/payouts of them. Say I have $20 and I put them on two $10 parlays.
The first one I have just one pick and one open pick, the second is 5 picks and 1 open pick.
On the 1st parlay I just take a -110 pick, the second one I do 5 heavy favs that when all put together payout the equivalent of -110 for the parlay. When I place the 2nd open pick on the 1st parlay, and the 6th open pick on the 2nd parlay, if they are the same pick (say +100), will the payouts of the 2 parlays be the same?
If beforehand both parlays were worth -110, are they worth the exact same when added with another exact same play, or is the 5-teamer worth more at -110 because of how multi-pick parlays payout? And it will accumulate into greater odds faster with more teams? Or is it only what the current odds are at of the parlay? I don't know how parlay payouts and odds and math all work out to be.
Kind of a confusing question but I hope someone can understand what i'm asking and answer me. This might be a really simple answer that I'm missing because I'm an idiot. I'm just curious basically. Thanks.
