Progressive Parlay hit at vip +$102,000

[Snowball]

"Scott M." hit the Prog Parlay at VIP for over $102K
most of you know VIP no longer opens new accounts for US,Canada.

Been watching this thing since they started it in October, nobody hit until
last night. Reset to 75k.

15-team ties lose $5.00 in. Consolation for 13,14,0.

any Scott M's here ??? lol.

[fsugolf]

5 bucks to win 102k? what are the consolations?

[rm18]

1000 and 100 I think, and 2000 for 15 losers

odds are 32767/1 if you just pick randomly with no skill i think, but you have to pick all .5's or ties lose also

[rm18]

they gave me free shots for both vip and gameday but i have not bet any with my own money

[fsugolf]

so if it would get over 150k it would be +ev to play?

excuse my lack of math a bit hungover from last night

[BurtRapp]

They are giving away quite a bit of money in a short time. how much are they making off of this. I can't believe many are playing.

[rm18]

if nobody played the progressive would not go up, not sure exactly how much it goes up per bet.

[rm18]

so if it would get over 150k it would be +ev to play?

excuse my lack of math a bit hungover from last night

would have to get to almost 160k, but 150k would be extremely low juice like -101 i think

[Snowball]

would have to get to almost 160k, but 150k would be extremely low juice like -101 i think

what does this ev talk mean ?

[whatsgood5]

what does this ev talk mean ?

ev = Expected Value

[Snowball]

i knew ev = expected value, i guess that means the runners expected the pot to get to 150-160k ?
they restart at 75k someone could hit it again tomorrow

[rm18]

no it means if the pot gets to 160k you will win in the long term making progressive parlays. Betting the Magic will score an odd number of points +105 is an example of an obvious +EV play