Fading parlays - ganch help!

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  • moses millsap
    SBR Hall of Famer
    • 08-25-05
    • 8289

    #1
    Fading parlays - ganch help!
    Is there any proper way to fade a parlay?
  • Ganchrow
    SBR Hall of Famer
    • 08-28-05
    • 5011

    #2
    Originally posted by OWNED
    Is there any proper way to fade a parlay?
    Sure. Bet every parlay combination other than the one you want to fade.

    What you'll find, however, is that the vig you'd be paying will generally make this prohibitive.

    What you should be thinking about is why exactly you want to do this. You need to figure out where you believe your edge to be and then tailor your betting towards that. Chances are that even at zero vig you'd have a superior option to a blanket parlay fade.
    Comment
    • moses millsap
      SBR Hall of Famer
      • 08-25-05
      • 8289

      #3
      I just fade certain people. When somebody posts a 3 team parlay consisting of all -200 and above favorites, I usually just fade all three favorites, but instead of cashing a lot, I barely make crap, since only 1 loses.

      I'm pretty sure there is no way to do this other than to lay the parlay on Betfair or some other exchange.

      Thanks anyways.
      Comment
      • Ganchrow
        SBR Hall of Famer
        • 08-28-05
        • 5011

        #4
        Originally posted by OWNED
        I just fade certain people. When somebody posts a 3 team parlay consisting of all -200 and above favorites, I usually just fade all three favorites, but instead of cashing a lot, I barely make crap, since only 1 loses.
        At -200 given 4.545% juice the parlay wins with about 25.8% probability. So even if you were fading the parlay at zero vig, you'd be paid off at about -288.

        At 10% vig (the same vig as on a 2-team +260 parlay) you'd be paid off at about -471.

        At 12.5% vig (the same vig as on a 3-team +600 parlay) you'd be paid off at about -559.

        I suspect that these odds might be a bit shorter than you'd like.

        Originally posted by OWNED
        I'm pretty sure there is no way to do this other than to lay the parlay on Betfair or some other exchange.
        To my knowledge neither BetFair nor any other betting exchanges currently allow user-defined parlays.
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