Sportsbooks Are Hell-Bent On Pushing Parlay Betting

mjsuax13 · 02-19-21, 01:24 PM

“Prop builder”

pologq · 02-19-21, 01:38 PM

don't some offshore sites give more cash back from parlays also?

carolinakid · 02-19-21, 01:44 PM

i really hate parlays here for the most part, so many people use parlays to try to get their money back they lost on single bets, for most this never works.

LongBall52 · 02-19-21, 01:46 PM

Parlays of 2 teams over a weekend can be profitable. It's a thing for those not funded big time and with patience. (not something gamblers are known for )

pologq · 02-19-21, 01:54 PM

parlays seem glorious. they are fine for me in 3 team round robins long term. some nights i hit none, some nights i hit all. not against them if it helps bring up a juiced up fave some and both teams should hit.

carolinakid · 02-19-21, 01:56 PM

i try to tell people that parlay, put the same amount on each team separate and then box the parlay for the same amount

d2bets · 02-19-21, 02:37 PM

2 +EV bets are even better in a parlay; 2 -EV bets are even worse in a parlay.

But it's hard to find two good bets at the same moment.

I generally only parlay when offered specials, boosts, free bets, etc.

pologq · 02-19-21, 03:58 PM

Originally posted by carolinakid

i try to tell people that parlay, put the same amount on each team separate and then box the parlay for the same amount

agreed. i tell my dad the same in horse racing. he tends to only bet exactas and then not bet win or place. he never covers himself and always looks for the bigger hit.

Shifty · 02-19-21, 05:48 PM

I can see why Fanduel is pushing their same game parlays. They reduce the payouts even when the outcomes are not correlated. Had a promo parlay with them so I got to see how crappy the odds were. Parlayed a NBA pointspread/total (-110/-110), favorite/under. Fanduel paid +210. Could have got the true parlay odds +264 offshore. Not complaining since this was a free roll but these same game parlay bets at Fanduel will really drain your bankroll.

d2bets · 02-19-21, 07:07 PM

Originally posted by Shifty

I can see why Fanduel is pushing their same game parlays. They reduce the payouts even when the outcomes are not correlated. Had a promo parlay with them so I got to see how crappy the odds were. Parlayed a NBA pointspread/total (-110/-110), favorite/under. Fanduel paid +210. Could have got the true parlay odds +264 offshore. Not complaining since this was a free roll but these same game parlay bets at Fanduel will really drain your bankroll.

Sometimes they actually pay better than true odds even when they're not anti-correlated.

You gotta play around with it.

jjgold · 02-19-21, 08:32 PM

It’s the biggest sucker bet in the world of course the books are pushing it and they’re doing real well

USA wagering is for suckers

Otters27 · 02-19-21, 08:33 PM

Usa casinos want to turn sports betting more into a lottery

Da Manster! · 02-19-21, 10:10 PM

I don't mind playing parlays and teasers once in a while...minimum risk, maximum gain!...

ACCEPTED

TYPE

RISK

TO WIN

SHORT DESCRIPTION

Feb 19, 2021 08:20 AM

Parlay

$50.00

$292.75

Basketball - 840 Detroit -9 -115 for Game
Basketball - 870 UMKC -10½ -110 for Game
Basketball - 883 Utah Valley +9 -110 for Game

All I need is Utah Valley (+9) to hit my three team parlay!...

Da Manster! · 02-19-21, 11:25 PM

^^^...case in point, gents!......

Goat Milk · 02-20-21, 12:53 AM

Originally posted by jjgold

It’s the biggest sucker bet in the world of course the books are pushing it and they’re doing real well

USA wagering is for suckers

It's a sucker bet for you because you literally can't hit a 2 game parlay. Some of us guys who have been gambling for 20 yrs can hit 4 and 5 teamers all the time.

And btw, prop builder is one of the best things out there if you really understand matchups.

Guys in the NBA go off all the time for a number of reasons.

If you're just guessing, you're gonna get buried.

I know every player in the nba, all 450 of them. Even the losers.

jjgold · 02-20-21, 07:05 AM

USA books tremendous juice

Even with odds boosts offshore better

Lol

King_Suckerman · 02-20-21, 07:56 AM

Originally posted by jjgold

USA wagering is for suckers

I think you may have made this point before.

Sam Odom · 02-20-21, 08:10 AM

Math guys used to advocate 3 leg Parlays... Books adjusted

jjgold · 02-20-21, 09:01 AM

every usa site all geared to betting parlays

pilebuck13 · 02-20-21, 09:07 AM

All you see is these guys who get in posting there parlays from fanduel it’s all they do the industry is flooded w squares right now... who have no idea what the fuk they are doing. I never seen anything like it. All state side gambling is full of juice guys regularly laying 115 the numbers alone will make it impossible

SamsNCharge99 · 02-20-21, 09:19 AM

$1 and a dream for most

instead of being smart and betting $25-$50 a game players look for a $10 parlay to win $10,000. They are looking for a lottery hit.

inter1097 · 02-20-21, 09:40 AM

Fanduel's promoting "Same game parlays" which are pretty much correlated parlays with a reduced -ev pay

Sam Odom · 02-20-21, 09:50 AM

Nothing wrong with a $5 6x or 8x parlay

Might get lucky like Rudy

miaplus3 · 02-20-21, 11:09 AM

Parlays: bottom line, can use as leverage to win big with relatively small wagers especially if you can find a correlation component. I hate that the PA books don't let you parlay side & total on the same game for the 1st half. BetMGM has a pregame bet-builder, but it sucks that you don't know the odds of each individual leg,...only the final parlay odds.

d2bets · 02-20-21, 11:53 AM

Originally posted by pilebuck13

All you see is these guys who get in posting there parlays from fanduel it’s all they do the industry is flooded w squares right now... who have no idea what the fuk they are doing. I never seen anything like it. All state side gambling is full of juice guys regularly laying 115 the numbers alone will make it impossible

That's why it's so damn good for those who do know what the fuk they are doing.

d2bets · 02-20-21, 11:54 AM

Originally posted by SamsNCharge99

$1 and a dream for most

instead of being smart and betting $25-$50 a game players look for a $10 parlay to win $10,000. They are looking for a lottery hit.

Waste of time. $25-50 bettors are either newbies or losers. If you know how to win you don't waste your time with those amounts.

TommieGunshot · 02-20-21, 12:12 PM

It is amazing how people look at parlays as somehow involving different math than other bets

A parlay is generally nothing more than a way for a player to expose themselves to the house advantage more times. The house advantage, as a percentage, remains exactly the same for each game. The difference is that the bet sizes increase with each additional leg. A $10 two-team parlay is nothing more than betting $10 on one game, then put the entire $19.09 on the second game if it wins. You pay the house edge on the first game, and a 50% chance you pay the house edge again on the second game.

If there is a negative house advantage (ie a player advantage, which is something we should always be trying to get, the parlay simply serves to increase that as well, in the same way.

The main exception to all this, is if there is same game parlays with a correlation.

(I do know a lot of places only give +260, when it should be +264. But they also pay +600 on three teams, when it should only by +594)

d2bets · 02-20-21, 06:13 PM

Originally posted by TommieGunshot

It is amazing how people look at parlays as somehow involving different math than other bets

A parlay is generally nothing more than a way for a player to expose themselves to the house advantage more times. The house advantage, as a percentage, remains exactly the same for each game. The difference is that the bet sizes increase with each additional leg. A $10 two-team parlay is nothing more than betting $10 on one game, then put the entire $19.09 on the second game if it wins. You pay the house edge on the first game, and a 50% chance you pay the house edge again on the second game.

If there is a negative house advantage (ie a player advantage, which is something we should always be trying to get, the parlay simply serves to increase that as well, in the same way.

The main exception to all this, is if there is same game parlays with a correlation.

(I do know a lot of places only give +260, when it should be +264. But they also pay +600 on three teams, when it should only by +594)

Yep. Exactly what I said. It magnifies your bets. Bad bets become worse. Good bets become better.

pilebuck13 · 02-20-21, 10:23 PM

Lol took a look at that Reddit sports betting group what some fukin squares I mean Jesus Christ some guys in here would have those clowns eating out there hands in a week like 700 upvotes for a 500 dollar bet lol and nothing but massive amounts of parlay threads god touts must be thriving rn