Once, I was a whiz at math.

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • ABEHONEST
    SBR Hall of Famer
    • 06-27-09
    • 9470

    #1
    Once, I was a whiz at math.
    But many years later, when I try to use common sense and logic, figuring a simple sports parlay, my brain goes straight to mush.
    Who knows how to get parlay results using the best [simple] method possible? And I see the "parlay odds tables," yet, they do not go into the details of each succeeding bet.

    Example: 5 teamer for $20 at 1.08 odds on each step?
    Use, step by step, please, so I can finally understand how one bet feeds the next parlay bet in line?

    The O-guy will kindly pass.
    Thank you!
  • kidcudi92
    SBR Posting Legend
    • 12-14-11
    • 15434

    #2
    google
    Comment
    • kingdom
      SBR Posting Legend
      • 07-25-10
      • 10099

      #3
      Originally posted by ABEHONEST
      But many years later, when I try to use common sense and logic, figuring a simple sports parlay, my brain goes straight to mush.
      Who knows how to get parlay results using the best [simple] method possible? And I see the "parlay odds tables," yet, they do not go into the details of each succeeding bet.

      Example: 5 teamer for $20 at 1.08 odds on each step?
      Use, step by step, please, so I can finally understand how one bet feeds the next parlay bet in line?

      The O-guy will kindly pass.
      Thank you!
      download parly calculator on your phone. simple.
      Comment
      • Sam Odom
        SBR Aristocracy
        • 10-30-05
        • 58063

        #4
        ABE

        what you got for SNF ?

        Thanks Pal
        Comment
        • ABEHONEST
          SBR Hall of Famer
          • 06-27-09
          • 9470

          #5
          Did all the above, guys. Need a simple step to the next step to the next step. Using the $20 at 1.08 parlay odds. 5-teamer.
          Okay?
          Thanks
          Comment
          • Grits n' Gravy
            Restricted User
            • 06-10-10
            • 13024

            #6
            Who gives a shit about calculating the odds for you? Learn subtraction instead because you will lose your $20.

            Old fart can’t do anything for himself. You should be put out to pasture l
            Comment
            • kingdom
              SBR Posting Legend
              • 07-25-10
              • 10099

              #7
              Originally posted by ABEHONEST
              Did all the above, guys. Need a simple step to the next step to the next step. Using the $20 at 1.08 parlay odds. 5-teamer.
              Okay?
              Thanks
              on the android app pick the parlay calculator that is orange. you have to convert odds. if you can't do that, download bet calculator to convert odds or look online. app allows you to add and calculate each leg step by step.
              Comment
              • ABEHONEST
                SBR Hall of Famer
                • 06-27-09
                • 9470

                #8
                Originally posted by kingdom
                on the android app pick the parlay calculator that is orange. you have to convert odds. if you can't do that, download bet calculator to convert odds or look online. app allows you to add and calculate each leg step by step.
                Looking for simple but I will at least try your method.
                Comment
                • ABEHONEST
                  SBR Hall of Famer
                  • 06-27-09
                  • 9470

                  #9
                  Originally posted by Grits n' Gravy
                  Who gives a shit about calculating the odds for you? Learn subtraction instead because you will lose your $20.

                  Old fart can’t do anything for himself. You should be put out to pasture l
                  I thought SBR cleaned up this forum, especially for pp-members such as you?
                  Guess not, but be careful *hits Grits, I do not put up with too much disrespect....unless called for.

                  And tell your bud, O, he's also on call for borderline, stalking. And after a couple warnings, too.
                  Isn't that against the rules?

                  See, we older gentlemen members like rules for ALL members.
                  Comment
                  • Grits n' Gravy
                    Restricted User
                    • 06-10-10
                    • 13024

                    #10
                    Originally posted by ABEHONEST
                    I thought SBR cleaned up this forum, especially for pp-members such as you?
                    Guess not, but be careful *hits Grits, I do not put up with too much disrespect....unless called for.

                    And tell your bud, O, he's also on call for borderline, stalking. And after a couple warnings, too.
                    Isn't that against the rules?

                    See, we older gentlemen members like rules for ALL members.
                    You will put up with every single insult old man. You can’t even pay a $50 target credit card bill, much less do a damn thing to me. Keep it up and I’ll tell the nursing home to mix up your pills.
                    Comment
                    • ABEHONEST
                      SBR Hall of Famer
                      • 06-27-09
                      • 9470

                      #11
                      Still seeking the mathematical--step-by-step--method to figure parlays?
                      $20 on a 5-teamer. Using moneyline 1.08 for all 5 stages.
                      So, $20 x 1.08 = step 1.

                      Step 2 =number 1 answer, plus, x 1.08 again for step 2.
                      Etc.
                      Who needs 20 points if you can show me the 5 stages of my parlay?

                      Come on, I know someone can figure parlays? This way, I can best understand how Books get their crazy parlay final payoff number?

                      Now, who has the final payoff number? Worth 10 points.

                      Who has the step-by-step method I am looking for?
                      Worth 20 points.
                      Comment
                      • Sam Odom
                        SBR Aristocracy
                        • 10-30-05
                        • 58063

                        #12
                        Originally posted by ABEHONEST


                        Still seeking the mathematical--step-by-step--method to figure parlays?
                        jeeeesussss , ABE
                        Comment
                        • fried cheese
                          SBR MVP
                          • 09-17-13
                          • 4461

                          #13
                          Originally posted by ABEHONEST
                          Still seeking the mathematical--step-by-step--method to figure parlays?
                          $20 on a 5-teamer. Using moneyline 1.08 for all 5 stages.
                          So, $20 x 1.08 = step 1.

                          Step 2 =number 1 answer, plus, x 1.08 again for step 2.
                          Etc.
                          Who needs 20 points if you can show me the 5 stages of my parlay?

                          Come on, I know someone can figure parlays? This way, I can best understand how Books get their crazy parlay final payoff number?

                          Now, who has the final payoff number? Worth 10 points.

                          Who has the step-by-step method I am looking for?
                          Worth 20 points.
                          if you are talking european odds then its just: $20 x 1.08 x 1.08 x 1.08 x 1.08 x 1.08

                          if you mean american -108 then (1/1.08) + 1 = 1.926 and the formula is: $20 x 1.926 x 1.926 x 1.926 x 1.926 x 1.926
                          Comment
                          • dj_destroyer
                            SBR MVP
                            • 07-28-10
                            • 3856

                            #14
                            The odds multiply themselves, so 1.08 x 1.08 x 1.08 x 1.08 x 1.08 = 1.47x

                            $20 x 1.47 = $29.4

                            $29.4 - $20 = $9.4 profit
                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388179

                              #15
                              Sportsbetting is all math

                              Nothing else
                              Comment
                              • Grits n' Gravy
                                Restricted User
                                • 06-10-10
                                • 13024

                                #16
                                Originally posted by jjgold
                                Sportsbetting is all math

                                Nothing else
                                0 hair + 0 money + 2 straight teeth = jjgold
                                Comment
                                • DR225
                                  SBR MVP
                                  • 02-24-11
                                  • 2010

                                  #17
                                  I use this link religiously when figuring out parlay values after voided bets.

                                  Comment
                                  • ABEHONEST
                                    SBR Hall of Famer
                                    • 06-27-09
                                    • 9470

                                    #18
                                    Originally posted by Grits n' Gravy
                                    0 hair + 0 money + 2 straight teeth = jjgold
                                    Stick to the subject or butt out?
                                    You are not my friend, remember, so I don't need your interrupting jokes.
                                    Comment
                                    • ABEHONEST
                                      SBR Hall of Famer
                                      • 06-27-09
                                      • 9470

                                      #19
                                      Originally posted by DR225
                                      I use this link religiously when figuring out parlay values after voided bets.

                                      https://www.sportsbookreview.com/pic...ay-calculator/
                                      Thanks, I'll look, but I think I have already talked about that auto computer math style.
                                      I am looking for all the parlay stages one by one so I can see the math on each step. So I can finally figure my parlays the old fashioned way.

                                      Then, when I learn it by each step, of course I can use the online computer math scale.
                                      Thanks, keep trying.
                                      Comment
                                      • ABEHONEST
                                        SBR Hall of Famer
                                        • 06-27-09
                                        • 9470

                                        #20
                                        Ok, SBR has the very best parlay calculator. However, I still want to see each 5 steps individually.
                                        I will look at it again and see If I can see each step.

                                        But, I like the old method better. That way I can probably predict--close enough--without stopping to do math on game day. And double-check later.

                                        Here's the SBR calculator answer.
                                        _______Parlay Calculator
                                        (takes Decimal or US Odds)
                                        Odds Offered:
                                        -1250 ** No clue if this is right?

                                        $20.00
                                        Line Set: (cents)

                                        Number of Games:

                                        Game 1 Line:
                                        -108
                                        Game 2 Line:
                                        -108
                                        Game 3 Line:
                                        -108
                                        Game 4 Line:
                                        -108
                                        Game 5 Line:
                                        -108
                                        Mathematical Odds:
                                        +2550
                                        True Parlay Odds:
                                        +2550
                                        True Parlay Win Amount:
                                        $509.94
                                        Premium Paid Over Mathematical Odds:
                                        95.92%
                                        Premium Paid Over True Parlay Odds:
                                        95.92%_______________________________
                                        Comment
                                        • Optional
                                          Administrator
                                          • 06-10-10
                                          • 61625

                                          #21
                                          Originally posted by ABEHONEST
                                          Ok, SBR has the very best parlay calculator. However, I still want to see each 5 steps individually.
                                          I will look at it again and see If I can see each step.

                                          But, I like the old method better. That way I can probably predict--close enough--without stopping to do math on game day. And double-check later.

                                          Here's the SBR calculator answer.
                                          _______Parlay Calculator
                                          (takes Decimal or US Odds)
                                          Odds Offered:
                                          -1250 ** No clue if this is right?

                                          $20.00
                                          Line Set: (cents)

                                          Number of Games:

                                          Game 1 Line:
                                          -108
                                          Game 2 Line:
                                          -108
                                          Game 3 Line:
                                          -108
                                          Game 4 Line:
                                          -108
                                          Game 5 Line:
                                          -108
                                          Mathematical Odds:
                                          +2550
                                          True Parlay Odds:
                                          +2550
                                          True Parlay Win Amount:
                                          $509.94
                                          Premium Paid Over Mathematical Odds:
                                          95.92%
                                          Premium Paid Over True Parlay Odds:
                                          95.92%_______________________________

                                          True Parlay Odds is the number you are looking for. Change the Line Set to 0 and it will be less confusing.

                                          Step 1 = convert each leg's odds into Decimal.
                                          Step 2 = multiply each leg, one on top of the other.
                                          Step 3 = Reduce the final result by 1, then multiply by 100 to change back to US odds.

                                          But really. Just use a calculator to do it for you like the most of us do.
                                          .
                                          Comment
                                          • sweethook
                                            SBR Posting Legend
                                            • 11-21-07
                                            • 12667

                                            #22
                                            lot of people drink whiskey and guess. works 50% of the time .. gl sir.
                                            Comment
                                            • swordsandtequila
                                              SBR Hall of Famer
                                              • 02-23-12
                                              • 9757

                                              #23
                                              Comment
                                              • ABEHONEST
                                                SBR Hall of Famer
                                                • 06-27-09
                                                • 9470

                                                #24
                                                Originally posted by Optional
                                                True Parlay Odds is the number you are looking for. Change the Line Set to 0 and it will be less confusing.

                                                Step 1 = convert each leg's odds into Decimal.
                                                Step 2 = multiply each leg, one on top of the other.
                                                Step 3 = Reduce the final result by 1, then multiply by 100 to change back to US odds.

                                                But really. Just use a calculator to do it for you like the most of us do.
                                                Thanks, OPT.
                                                I suppose, members can see I am a bit of a fanatic about figues being correct?
                                                So, it is very important for me to know how the simple math works. And, I like being right more then...being wrong.

                                                And who can trust a Book to be right every single time when calculating your wagers?

                                                Believe me, I've has some real dosey problems in the past.
                                                Intentionally?
                                                The odds say, no. But I like to know at 100%.
                                                Comment
                                                • ABEHONEST
                                                  SBR Hall of Famer
                                                  • 06-27-09
                                                  • 9470

                                                  #25
                                                  One more time:
                                                  If I use the value of what 1.08 is [92 cents on a dollar, or close?] and parlay that with my $20 bucks, it equals $38.40. Right?
                                                  So step #1's figure before moving to step #2., is $38.40? Correct?

                                                  So, that being very close, the 92 cents on each dollar, we then go forward and multiply the total result of step 1. the $38.4 0 x 1.92 for #2 step. Correct?

                                                  Now, step 1 & 2: being 38.4 x 1.92 [isn't this correct?] = $73.72, correct?

                                                  Step #3. 1.92 x 73.72 [correct?] = $ 141.55, correct?

                                                  Step #4. 1.92 x 141.55 [correct?] = $ 271.77, correct?

                                                  Step #5. 1.92 x 272.77 [correct?] = $521.79, correct?

                                                  * That very close to the correct 5-parlay figure?
                                                  I believe this figure is very close to being correct and I like using this step by step much better, so I can better clarify my parlay will be right on the button.
                                                  Who agrees?

                                                  Hey, sorry about all the preciseness, but that's kinda like my personality when it comes: "Proving a point"
                                                  Comment
                                                  • ABEHONEST
                                                    SBR Hall of Famer
                                                    • 06-27-09
                                                    • 9470

                                                    #26
                                                    Last post! Maybe?
                                                    So Google says -1.08 on a dollar-EU, is 91 cents, not 92 cents. Okay, I am a smarter man after this thread.
                                                    Who do I owe points to?
                                                    Comment
                                                    • swordsandtequila
                                                      SBR Hall of Famer
                                                      • 02-23-12
                                                      • 9757

                                                      #27
                                                      WTF? $20 wagered on odds of 1.08 = $21.60

                                                      Decimal odds are exactly what they look like. You wager $1 @ 1.08 you make 8 cents. As usual, you're making this way harder than it is. Multiply the decimal odds of each game (be it 2 or 20 games), result is your odds for that parlay. Multiply that by your wager. Done. Period. Quit thinking.

                                                      5 game parlay, each game @ 1.08, total odds are 1.47 (-213 American). $20 wager pays $29.40. Be nice to make $500+ on 1.08 odds
                                                      Comment
                                                      • Sam Odom
                                                        SBR Aristocracy
                                                        • 10-30-05
                                                        • 58063

                                                        #28
                                                        Originally posted by ABEHONEST


                                                        Who do I owe points to?
                                                        George
                                                        Comment
                                                        • ABEHONEST
                                                          SBR Hall of Famer
                                                          • 06-27-09
                                                          • 9470

                                                          #29
                                                          Once again, after precise warnings, this ultra ego attention go getter, refuses to acknowledge the "why," I do not want anymore of your replies; good or bad.
                                                          I see you as joking, con, troublemaking culprit.

                                                          And you and I know how I came to this conclusion, don't we?
                                                          Confess your online sins and cleanse your soul.
                                                          If you have one?
                                                          * last call before I must do the right thing for you.
                                                          Comment
                                                          • Sam Odom
                                                            SBR Aristocracy
                                                            • 10-30-05
                                                            • 58063

                                                            #30
                                                            Originally posted by ABEHONEST


                                                            Confess your online sins and cleanse your soul.


                                                            Comment
                                                            • ABEHONEST
                                                              SBR Hall of Famer
                                                              • 06-27-09
                                                              • 9470

                                                              #31
                                                              Just went into a mild shock!
                                                              Wrong again! -108 = .93 on a dollar. Not .92 cent on a dollar but .93 cents.
                                                              Wow.
                                                              Now, step #1 and #2 will have to be refigured.
                                                              Any flaws found here?
                                                              Comment
                                                              • ABEHONEST
                                                                SBR Hall of Famer
                                                                • 06-27-09
                                                                • 9470

                                                                #32
                                                                Originally posted by swordsandtequila
                                                                WTF? $20 wagered on odds of 1.08 = $21.60

                                                                Decimal odds are exactly what they look like. You wager $1 @ 1.08 you make 8 cents. As usual, you're making this way harder than it is. Multiply the decimal odds of each game (be it 2 or 20 games), result is your odds for that parlay. Multiply that by your wager. Done. Period. Quit thinking.

                                                                5 game parlay, each game @ 1.08, total odds are 1.47 (-213 American). $20 wager pays $29.40. Be nice to make $500+ on 1.08 odds
                                                                I see your reply now. And it's still leave to m0re confusion. But I will work harder to find the solution.
                                                                Now, why would $20 X 1.93, not equal 38.60 through #1 step?
                                                                Comment
                                                                • fried cheese
                                                                  SBR MVP
                                                                  • 09-17-13
                                                                  • 4461

                                                                  #33
                                                                  Originally posted by ABEHONEST
                                                                  I see your reply now. And it's still leave to m0re confusion. But I will work harder to find the solution.
                                                                  Now, why would $20 X 1.93, not equal 38.60 through #1 step?
                                                                  because no one was sure which kind of odds you were using. 1.08 is different than -108. you put 1.08 but meant -108.
                                                                  Comment
                                                                  • ABEHONEST
                                                                    SBR Hall of Famer
                                                                    • 06-27-09
                                                                    • 9470

                                                                    #34
                                                                    Originally posted by fried cheese
                                                                    because no one was sure which kind of odds you were using. 1.08 is different than -108. you put 1.08 but meant -108.
                                                                    Yes, -108. I thought everyone would understand.
                                                                    Comment
                                                                    • ABEHONEST
                                                                      SBR Hall of Famer
                                                                      • 06-27-09
                                                                      • 9470

                                                                      #35
                                                                      So now, using the correct decimal on a dollar [right?]= $20 X 1.93 X 1.93 X 1,93 X 1.93X 1.93, I get $535.55 for the parlay payoff?

                                                                      Please, be careful, I have an unloaded pistol close to my noggin.
                                                                      Comment
                                                                      Search
                                                                      Collapse
                                                                      SBR Contests
                                                                      Collapse
                                                                      Top-Rated US Sportsbooks
                                                                      Collapse
                                                                      Working...