Anyone Bet Strictly Parlays?

[jjgold]

Basically going for scores

The why waste your time slow gambling death betting straight

[Kaplan]

I gave up a little over 1% of my bankroll on parlays lastyear.

[flyingillini]

A bookies dream

[d2bets]

Parlays are magnifiers. Makes bad bets even worse and makes good bets even better. Just that it's hard to combine good bets all at the same time.

[jjgold]

Hit a nice 2 team reverse yesterday
felt good

[Jowframs]

Two-Team Open
Straight
Keep you in the game

[SamsNCharge99]

same game parlays are USA book dreams

[KVB]

Parlays are an excellent way to reduce risk while increasing rewards.

There are many reasons for using parlays.

Some days you simply have too many bets and can't lay out that much risk at once. In this case, two pick parlays can work.

Books these days pay decent on some parlays, making them mathematically viable.

On paper they can be shown to be just fine. Bettors who will reach their expectation and use parlays will just have to understand that you may have larger droughts between getting paid.

But that's about it.

Then there's the chance, during what I said above or as reason to make the parlay alone, that you can gain some correlation.

That's huge, especially if you can see correlation that the market either can't see, or can't do anything about because of the bettors in that market.

Outside of the shortened odds parlay cards, notice that Vegas books don't make a neon signs saying "Get your parlay here!"

If parlays were so bad, they'd push them. The truth is the books are afraid of professional using parlays, yet at the same time the use of parlays can be used to "dumb down" a sharp account.

Some bookmakers and risk managment departments aren't all that smart, sometimes.

Oh, I could go on, and on, and on, and on.

lol

[KVB]

It's definitely not the good ole days, but US books, in an effort to get players to parlay, are slipping.

You just have to take advantage of it.

[d2bets]

Parlays are an excellent way to reduce risk while increasing rewards.

There are many reasons for using parlays.

Some days you simply have too many bets and can't lay out that much risk at once. In this case, two pick parlays can work.

Books these days pay decent on some parlays, making them mathematically viable.

On paper they can be shown to be just fine. Bettors who will reach their expectation and use parlays will just have to understand that you may have larger droughts between getting paid.

But that's about it.

Then there's the chance, during what I said above or as reason to make the parlay alone, that you can gain some correlation.

That's huge, especially if you can see correlation that the market either can't see, or can't do anything about because of the bettors in that market.

Outside of the shortened odds parlay cards, notice that Vegas books don't make a neon signs saying "Get your parlay here!"

If parlays were so bad, they'd push them. The truth is the books are afraid of professional using parlays, yet at the same time the use of parlays can be used to "dumb down" a sharp account.

Some bookmakers and risk managment departments aren't all that smart, sometimes.

Oh, I could go on, and on, and on, and on.

lol

The problem with a parlay is you have to wager both legs at the exact same time. It's a challenge if you find your wagers one at a time. Open-ended parlays can be nice, but I don't know that that's really offered, or is it?

[TommieGunshot]

For a few years starting around 2010, most all of my football action was half-point parlay cards; most all baseball was run-line total parlays; and even majority of basketball was first half side and total parlays in college.

There are definitely similar values still around, lots of new stuff with the new legalization. But I'm not going to be the one to talk about it.

[KVB]

I don't think any US book offers open parlays.

US books are a little funny, they'll offer a same game parlay, or offer on "odds boost" gimmick.

But you really don't need an open parlay to accomplish that goal.

(Actually, D2, you might, as you may run into limit issues).

Felt like we've been through some of this already...

But there is another way.

If limits aren't your issue and you can be disicplined with the goal of your money then you don't need open parlays as long as you aren't making plays that are going off at the same time, or overlapping.

If you are more selective, and picking one play every so often, then you just bet the first game, and let it ride for each game you bet. Take your winnings and the original bet and put it on the next play.

This is how parlays work and why nearly all bettors miscalculate the vig on parlays.

If you are just letting it ride for the next play then you are not committed to a pre selected numbert of plays before you can walk away from the campaign.

I will do open parlay campaign threads this month, but again, most don't need the open parlay to play the parlay.

Concurrent games and limits are the only issues with letting it ride on the next play.

[Jowframs]

The problem with a parlay is you have to wager both legs at the exact same time. It's a challenge if you find your wagers one at a time. Open-ended parlays can be nice, but I don't know that that's really offered, or is it?

Depends on book/local
Open do have their advantages
The guy Iam useing has opens

[scottgodson1985]

Gotta agree with the stance on sgp, They penetrate ya with the odds, charge way too much juice, its just a horrible bet.

[TommieGunshot]

Gotta agree with the stance on sgp, They penetrate ya with the odds, charge way too much juice, its just a horrible bet.

And because of this they don't protect them much, which leaves some good things available to anyone who can find them.

[jjgold]

Same game parlays are sucker bets that’s why they promote them

[d2bets]

Same game parlays are sucker bets that’s why they promote them

They're sucker bets in the hands of suckers and golden nuggets in the hands of sharp bettors. Both at the same time.

[KVB]

They're sucker bets in the hands of suckers and golden nuggets in the hands of sharp bettors. Both at the same time.

I have to agree here.

Check your odds. For some reason they are being very generous, even with correlations.

Was thinking about having a discussion about this, but I just don't know what all numbers to reveal.

I saw a thread you did D2, I did not enter for a reason.

I was going to give some backtest facts, but then I resisted. We need to keep this shit as inefficient as possible for as long as possible.

[KVB]

The good thing is that they would rather limit players than adjust the markets, for now.

So you just have to get back in, if possible.

I have to say, again, these are not bookmakers.

These are advertising and marketing companies.

We need bookmakers. Like Vegas and Jersey.

[icon]

WTF is a "Strictly parlay"?
Never heard of it. Like a teaser/pleaser?

[d2bets]

I have to agree here.

Check your odds. For some reason they are being very generous, even with correlations.

Was thinking about having a discussion about this, but I just don't know what all numbers to reveal.

I saw a thread you did D2, I did not enter for a reason.

I was going to give some backtest facts, but then I resisted. We need to keep this shit as inefficient as possible for as long as possible.

There's that one. But there are other SGP types out there that are generous too. 99% of it is a ripoff, for sure. But that means 1% is a nugget. That's fine by me. I'll just sift through the mud and take the 1%, over and over. Let the fish splash around the 99% garbage. Of course I always feel like there's more good out there that I'm missing, because every time I find something new I think to myself "why the hell wasn't I doing this before"? That's the fun challenge of it all. And then stick to your guns knowing your edge even if you lose in the short-run.

[d2bets]

The good thing is that they would rather limit players than adjust the markets, for now.

So you just have to get back in, if possible.

I have to say, again, these are not bookmakers.

These are advertising and marketing companies.

We need bookmakers. Like Vegas and Jersey.

Circa is expanding to Illinois, including its first physical presence outside Nevada. Looking forward, I think, to seeing how that affects the market.

[hotcross]

Basically going for scores

The why waste your time slow gambling death betting straight

Here is a strict parlay for today....

> COLORADO ROCKIES -110
> CLEVELAND GUARDIANS +115
> MILWAUKEE BREWERS +100
> LOS ANGELES DODGERS -180

Risk 0.1 unit to win 1.176 unit

But wait! There's more.....

Straight side play.... > OVER 7 +330 NEW YORK RANGERS @ CAROLINA HURRICANES

[GunShard]

The smaller your bet on parlays. The more likely you can win. That's how I won my parlay during the Super Bowl.

[hotcross]

Here is a strict parlay for today....

> COLORADO ROCKIES -110
> CLEVELAND GUARDIANS +115
> MILWAUKEE BREWERS +100
> LOS ANGELES DODGERS -180

Risk 0.1 unit to win 1.176 unit

But wait! There's more.....

Straight side play.... > OVER 7 +330 NEW YORK RANGERS @ CAROLINA HURRICANES

^^Swing and a Miss

Monday June 13

> PHILADELPHIA PHILLIES -125
> TEXAS RANGERS +145
> MINNESOTA TWINS -101

Risk 1 unit to win 7.77 units

[Snowball]

The smaller your bet on parlays. The more likely you can win. That's how I won my parlay during the Super Bowl.

It should not make any sense at all... but that is also my experience.

[SEAHAWKHARRY]

No but I am doing this one today
GOLDEN STATE -165. NBA
TOR -265. MLB
SF -166 MLB
150 To Win 381.71

[Nate rasta]

I like to do parlays on baseball moneylines. Usually favorites -170 or less.but no more than 3 teamers

One for today
Arizona-155
Houston-162
San Diego-130
72 to win 266

If I did straight bets with these and I hit 2 out of 3 I think I'll loose money or break even.might as well go for the parlay

[hotcross]

Rastaman you are against me with Houston in that parlay

Actually I think all of your legs might lose

So in turn, all mine probably will

GL

[d2bets]

The smaller your bet on parlays. The more likely you can win. That's how I won my parlay during the Super Bowl.

That's not how I do it. I'm finding parlays in the range of 200-1 to 300-1. I've now hit 2 in the past couple of months. Out of around 150. 2-148 for a huge profit. If you search hard enough and don't just bet random, you can find some nice deals on Fanduel SGP's. Just that 99% of people do it all wrong (fine by me).

[Nate rasta]

Rastaman you are against me with Houston in that parlay

Actually I think all of your legs might lose

So in turn, all mine probably will

GL

Thanks GL

[SEAHAWKHARRY]

No but I am doing this one today
GOLDEN STATE -165. NBA
TOR -265. MLB
SF -166 MLB
150 To Win 381.71

Winna winna

[ChuckyTheGoat]

Winna winna

The Hawk flies!

JJ, this is a decent topic. But there's more to uncover:

1) What plays does a book allow one to use in Parlays? Books are pretty particular to avoid correlation.
2) Do books pay out fair price on the accumulating leg? Books often DON'T. Instead, books that aren't "parlay-friendly" peg down the parlay payout.
3) Lastly, your concept of parlays requires a few more considerations:
a) Are you catching optimal value on each leg?
b) Are you good enuf to have +EV legs just sitting around?

If not, you're just pissing into the wind.

[texhooper]

I think most people who sign up at legal books play mostly if not “strictly” parlays, especially if they never bet before. The books have done a remarkable of promoting them. I know several people like this, who never bet before but picked up FanDuel for the hell of it and now they do parlays almost daily to varying success. I actually know one guy who is up overall doing them, he’s disciplined and only bets very small amounts. I’m sure his day is coming but he is Asian and you know what they say about Asians, they’re all basically gambling geniuses from birth. It’s in the Bible somewhere I think

[hotcross]

Monday June 13

> PHILADELPHIA PHILLIES -125
> TEXAS RANGERS +145
> MINNESOTA TWINS -101

Risk 1 unit to win 7.77 units

Harry was not the only winner yesterday