HOW DO U MAKE $$ WITH ML s ?

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  • greek
    SBR MVP
    • 10-01-07
    • 1680

    #1
    HOW DO U MAKE $$ WITH ML s ?
    LETS SAY :you got 500$ lakers are 4000 , denver 3500 , dallas is 500 on ML ----------- then you got n.o at -4.5 as a favorite and you parley all 4 for 500$ [ these are just examples ] is their another way than to bet 3 mls and 1 favorite to make $$$ when you only got 500$ and these 4 choices that your pretty sure of? hope yall uderstand my question , these are the only picks i kinda came up with tonight ,more MLs than spread winners [dont think it pays very much, if i remember how it went ]
  • louisvillekid
    SBR Hall of Famer
    • 08-14-07
    • 9262

    #2
    i assume you are saying -4000 and -3000 ML for those ones, which a 500 wager would pay about 710.
    you have a factor of around 1.025 for -4000, 1.0333 for -3000, 1.2 for -500, and 1.90909 for -110.

    Calculating Parlay Payouts
    2 Team Parlay Amount
    Giants -125 100
    Padres +130

    Payoffs are determined by a simple formula that changes the money line into decimal form:
    STEP 1: Converting Money Line To Decimal

    For each team in the Parlay Calculator, the money line is converted into decimal form using the following formula:

    * For a negative money line (-125) you divide 100 by 125 -> 100/125 = 0.8
    * For a positive money line (+130) you divide 130 by 100 -> 130/100 = 1.3

    STEP 2: Add 1 to each of these values.
    STEP 3: Find out the amount to be wagered (risked)

    Now we can calculate the Parley Calculator payout with the following formula:
    (Risk Amount X Price 1 X Price 2) - Risk amount = PAYOUT

    Example: For a $100 parley with:
    GIANTS -125 PADRES +130
    $ 100 X (1+100/125) X (1+130/100) - $ 100 = PAYOUT
    $ 100 X 1.8 X 2.3 - $ 100 = $ 314

    Use the same method for any number of teams.
    Comment
    • Finpro
      SBR Hustler
      • 02-23-08
      • 75

      #3
      Greek = every bookies wet dream
      Comment
      • greek
        SBR MVP
        • 10-01-07
        • 1680

        #4
        thnks finpro

        thanks for your wisdom
        Originally posted by Finpro
        Greek = every bookies wet dream
        Comment
        • greek
          SBR MVP
          • 10-01-07
          • 1680

          #5
          and yes thats my point thanks the MLS is 1 of easiest way to make $

          even though it doesnt pay very good ,i have been winning but its slow , but less risky-----------thanks for the # s---kidd QUOTE=louisvillekid;570455]i assume you are saying -4000 and -3000 ML for those ones, which a 500 wager would pay about 710.
          you have a factor of around 1.025 for -4000, 1.0333 for -3000, 1.2 for -500, and 1.90909 for -110.

          Calculating Parlay Payouts
          2 Team Parlay Amount
          Giants -125 100
          Padres +130

          Payoffs are determined by a simple formula that changes the money line into decimal form:
          STEP 1: Converting Money Line To Decimal

          For each team in the Parlay Calculator, the money line is converted into decimal form using the following formula:

          * For a negative money line (-125) you divide 100 by 125 -> 100/125 = 0.8
          * For a positive money line (+130) you divide 130 by 100 -> 130/100 = 1.3

          STEP 2: Add 1 to each of these values.
          STEP 3: Find out the amount to be wagered (risked)

          Now we can calculate the Parley Calculator payout with the following formula:
          (Risk Amount X Price 1 X Price 2) - Risk amount = PAYOUT

          Example: For a $100 parley with:
          GIANTS -125 PADRES +130
          $ 100 X (1+100/125) X (1+130/100) - $ 100 = PAYOUT
          $ 100 X 1.8 X 2.3 - $ 100 = $ 314

          Use the same method for any number of teams.[/QUOTE]
          Comment
          • louisvillekid
            SBR Hall of Famer
            • 08-14-07
            • 9262

            #6
            Originally posted by greek
            even though it doesnt pay very good ,i have been winning but its slow , but less risky-----------thanks for the # s---kidd
            your welcome, even though i'm not sure what you said, there is a bunch of ------.
            Comment
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