In kind of the same fashion as how casino table game rules are tweeked such as with double exposure blackjack and crapless craps where the house gets other edges,why don't books do the same for correlated parlays?They could do something like pushes go in favor of the book winning,Or maybe they could just reduce the odds a bit.If a book did something like this,would anyone here be inclined to make correlated parlay bets?
What if a book reduced odds on correlated parlays&allowed them?Good idea?
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BrentCrudeSBR MVP
- 11-16-05
- 4665
#1What if a book reduced odds on correlated parlays&allowed them?Good idea?Tags: None -
SBR_JohnSBR Posting Legend
- 07-12-05
- 16471
#2Still wouldnt work. A book, like every business, works on a margin right? The true odds of a correlated parlay would be different in every game depending on just how correlated it was. Hmmm...they could make a dynamic odds payout though. So if Texas was -36 / 49 and Tex and the Under lets say paid 2.45,,, then if the line went to -41/ 49 the new odds might change to something like 2.25. Could be done they would need someone like Ganchrow to write a dynamic pricing program.Comment -
BrentCrudeSBR MVP
- 11-16-05
- 4665
#3SBR_John,in my constant qwest as a recreational bettor that loves books that allow correlated parlays I found a new one a few months back.www.bet33.com gives you a free $100 in free play with a $100 deposit via **.They pick of the deposit fees by adding $15 to your account.They say it's for first time depositors but they let you receive the deal every few months.I'm on my 3rd drposit and I won nice chunks of money here. With the free play $100 they allow 2 team parlays that you can correlate with $2 minimum bets.With the original $115 you deposited,you can play correlated parlays of any kind you want.The parlay odds are in line with Sports Interaction that I was betting with at the same time.The one stinky drawback is that they charge $30 for a withdrawal.So you pay ** $15 to deposit,kind of bad where they say it costs them $30 to get the money to you.
Other than that,they are great for lightning fast payouts and custome service is excellent.I'm sure for the bigger bettors here,they probably would have issues with them betting correlated parlays.They have no isssues with me playing correlated parlays on every single bet.I know that they have a bad reputation from awhile back but they seem to have cleaned up their act in my opinion.Comment -
OptionalAdministrator
- 06-10-10
- 62242
#4Originally posted by SBR_JohnStill wouldnt work. A book, like every business, works on a margin right? The true odds of a correlated parlay would be different in every game depending on just how correlated it was. Hmmm...they could make a dynamic odds payout though. So if Texas was -36 / 49 and Tex and the Under lets say paid 2.45,,, then if the line went to -41/ 49 the new odds might change to something like 2.25. Could be done they would need someone like Ganchrow to write a dynamic pricing program.
I am looking at a book right now that will let me parlay the winner of tonights NASCAR race, with a head to head bet involving the same driver. It takes my odds from +743 to +1270 with zero change in my win probability. Am I just supposed to know this doesn't make sense and leave it alone?
What will happen if I bet this? Will it get canceled or will I get limited or something, or is it just fine to take it if they offer it?.Comment
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