New Pinny rule re: Parlays

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  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #1
    New Pinny rule re: Parlays
    "The maximum accumulated winnings for parlays in one calendar day is $250,000."

    If I remember correctly, there was no daily limit, and any parlay could pay out up to $1m (although the software allowed parlays of up to $10m).

    Interesting. I wonder if a big pro was sneaking in round-robins.
  • Reload
    SBR Posting Legend
    • 03-23-08
    • 12250

    #2
    Yeah - I'm sure there's someone out there to thank for the rule change, Justin.
    Comment
    • Jimmy0607
      SBR Hall of Famer
      • 04-09-09
      • 7785

      #3
      Damn I was going to hit one today for one Mil
      Comment
      • tblues2005
        SBR Hall of Famer
        • 07-30-06
        • 9235

        #4
        Maybe they got hit pretty hard there Justin so they put a limit on it.
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #5
          Maybe their cash flow is down which really is the correct answer
          Comment
          • Sam Odom
            SBR Aristocracy
            • 10-30-05
            • 58063

            #6
            They did not change it for the hell of it. Someone hit them hard would be my guess
            Comment
            • moonbeam
              SBR MVP
              • 03-02-07
              • 1496

              #7
              Originally posted by Justin7
              "The maximum accumulated winnings for parlays in one calendar day is $250,000."

              If I remember correctly, there was no daily limit, and any parlay could pay out up to $1m (although the software allowed parlays of up to $10m).

              Interesting. I wonder if a big pro was sneaking in round-robins.
              Interesting info, but could you also have a look at bwin peanuts?
              Comment
              • eidolon
                SBR Hall of Famer
                • 01-02-08
                • 9531

                #8
                pinny has horrible parlays anyway...not sure why ppl would use them for parlays
                Comment
                • Lucas
                  SBR MVP
                  • 12-20-05
                  • 1062

                  #9
                  damn, i am w8ting for 10k for 2 hours now, they are broke for sure
                  Comment
                  • Matt Rain
                    SBR Hall of Famer
                    • 02-13-07
                    • 5001

                    #10
                    Originally posted by eidolon
                    pinny has horrible parlays anyway...not sure why ppl would use them for parlays
                    Gotta be pretty damn sharp to cook up +EV parlays there. Better off signing up all your relatives at SIA and Bodog.
                    Comment
                    • poker_dummy101
                      Restricted User
                      • 11-03-08
                      • 6395

                      #11
                      just now saw this thread. i have eagles tomorrow to complete a 10 team parlay for 1 mil. im pissed/
                      Comment
                      • Dulak
                        SBR Rookie
                        • 10-24-09
                        • 11

                        #12
                        Originally posted by poker_dummy101
                        just now saw this thread. i have eagles tomorrow to complete a 10 team parlay for 1 mil. im pissed/
                        I assume you need more then the eagles since the 2nd games arnt even over yet tonite ...

                        I cant believe the bills won and cinci demolished the bears ...
                        Comment
                        • pavyracer
                          SBR Aristocracy
                          • 04-12-07
                          • 82905

                          #13
                          Correct if I'm wrong but why does someone need to work as mod for peanuts if he wins $250,000 a year playing parlays?
                          Comment
                          • Matt Rain
                            SBR Hall of Famer
                            • 02-13-07
                            • 5001

                            #14
                            It's 250k a DAY, pavy.

                            Still, hookers, blow and supercar collections add up pretty quickly. One might be forced to cut down on such essentials with this new rule.
                            Comment
                            • pavyracer
                              SBR Aristocracy
                              • 04-12-07
                              • 82905

                              #15
                              Matty,

                              I wonder after you win the $250,000 the first day they cut your limits to $25 and you need to hit a 20 team parlay to win the next $250,000.
                              Comment
                              • Matt Rain
                                SBR Hall of Famer
                                • 02-13-07
                                • 5001

                                #16
                                I don't think Pinny does that. As far as I know, that rule might only be in place to protect against those wild 15-teamers played by Tsoprano types. I really doubt that anyone is making a living off of Pinny's parlay odds, but what do I know. Justin pro.
                                Comment
                                • Scorpion
                                  SBR Hall of Famer
                                  • 09-04-05
                                  • 7797

                                  #17
                                  Originally posted by eidolon
                                  pinny has horrible parlays anyway...not sure why ppl would use them for parlays
                                  yep, their ML prices for parlay is nothing special

                                  if the ML is +190 on their site and if you want to parlay its much less, like +181
                                  Comment
                                  • JELLYBEAN
                                    SBR Sharp
                                    • 01-14-07
                                    • 303

                                    #18
                                    All the sharp accounts are limited on parlays already anyway. I had one account lowered to $200. Been like that for years
                                    Comment
                                    • ABEHONEST
                                      SBR Hall of Famer
                                      • 06-27-09
                                      • 9470

                                      #19
                                      So this means I can no longer make extra money off of my 250,000 parlays I have been playing at Pennys,Damnnn !
                                      Comment
                                      • InThisMoment
                                        SBR Wise Guy
                                        • 09-02-09
                                        • 615

                                        #20
                                        Squares can have a huge variance on parlays, especially days where all the favorites cover.

                                        I remember 2006-Week 2 where the favorites went 15-1 and every shop got murdered simply from squares.
                                        Comment
                                        • tltaylor89
                                          SBR Posting Legend
                                          • 06-19-09
                                          • 19610

                                          #21
                                          Word Around the net is somebody took them for 3million
                                          Comment
                                          • poker_dummy101
                                            Restricted User
                                            • 11-03-08
                                            • 6395

                                            #22
                                            Originally posted by Dulak
                                            I assume you need more then the eagles since the 2nd games arnt even over yet tonite ...

                                            I cant believe the bills won and cinci demolished the bears ...
                                            i had college also
                                            Comment
                                            • Bet Shooter
                                              SBR MVP
                                              • 05-02-08
                                              • 1118

                                              #23
                                              Originally posted by tltaylor89
                                              Word Around the net is somebody took them for 3million
                                              Wouldn't surprise me. With all the blood on the ground from the chalk yesterday, someone had to catch lightning in a bottle with the right combo.
                                              Comment
                                              • Wheell
                                                SBR MVP
                                                • 01-11-07
                                                • 1380

                                                #24
                                                Pinnacle is fine. The 3M rumor is a load of crap.
                                                Comment
                                                • JELLYBEAN
                                                  SBR Sharp
                                                  • 01-14-07
                                                  • 303

                                                  #25
                                                  I could see some square hitting a huge parlay yesterday..........
                                                  Comment
                                                  • JoshW
                                                    SBR MVP
                                                    • 08-10-05
                                                    • 3431

                                                    #26
                                                    Props to whoever can beats Pinnacle for amounts like that in Parlays. They don't include most secondary sports in parlays, and that is where I would think Pinnacle could get hit.
                                                    Comment
                                                    • Dark Horse
                                                      SBR Posting Legend
                                                      • 12-14-05
                                                      • 13764

                                                      #27
                                                      Hard to believe how books adjust the payouts when it comes to parlays. Betphoenix max is 25K (!), and their payouts taper off dramatically, compared to industry standards, after 7 teamers. Heritage max is 100K, but they round off their payouts to a point where it's no longer funny; example for $100 6-teamer: 4.7K at 5 Dimes, 4.5K at Betphoenix, but 4K at Heritage (they do offer unlimited opens, though). By the time of 8-teamers ($100), Betphoenix is cutting it down to 11.9K, 5Dimes pays 17.5K, and Heritage rounds it off to 14K. Most people don't play these type of parlays, but these differences do tell you something about the books.
                                                      Comment
                                                      • pico
                                                        BARRELED IN @ SBR!
                                                        • 04-05-07
                                                        • 27321

                                                        #28
                                                        Originally posted by Justin7
                                                        "The maximum accumulated winnings for parlays in one calendar day is $250,000."

                                                        If I remember correctly, there was no daily limit, and any parlay could pay out up to $1m (although the software allowed parlays of up to $10m).

                                                        Interesting. I wonder if a big pro was sneaking in round-robins.
                                                        this was the rule 3 years ago
                                                        Comment
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