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 $$$ when you only got 500$ and these 4 choices that your pretty sure of? hope yall uderstand my question , these are the only picks i kinda came up with tonight ,more MLs than spread winners [dont think it pays very much, if i remember how it went ]
HOW DO U MAKE $$ WITH ML s ?
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greekSBR MVP
- 10-01-07
- 1680
#1HOW DO U MAKE $$ WITH ML s ?Tags: None -
louisvillekidSBR Hall of Famer
- 08-14-07
- 9262
#2i 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 -
FinproSBR Hustler
- 02-23-08
- 75
#3Greek = every bookies wet dreamComment -
greekSBR MVP
- 10-01-07
- 1680
#5and 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
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