Which books offer them? I, like every other joe pub, am intrigued by the idea.
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5dimes for sure. Never done one though.Comment -
ive always wanted to do one, but my book doesnt offer them atm.Comment -
RebateWager and Carib both doComment -
There's been a couple of other threads on this subject.
Frankly I just don't see the point in using them.
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I used to on caribsports alot, I haven't deposited in over a year. After bllowing 30K in casino winnings and asking for a small comp such actionand getting denied.Comment -
5dimes. Do them quite often for MMA props.
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5dimes and also do them often..
good thing if u are smart about the way u use them...
been a good money maker for meComment -
BetphoenixComment -
create your own open parley i always do a six teamer every night for 50 bucks , 5 games start at 7 pm save the last game for late 10 pm or next day , gives me the option to hedge on the last game if needed, always want to walk away with somethingComment -
5dimes and YouwagerComment -
no u cant... u dont get the parlay odds
u cant bet 3 speerate-110 and get the 6-1 odds added u do on open 3-slot parlays for example...u also dont need to risk near as much as betting seperate str8 wagers on 3 events
people who think theres no advantage either dont understand what it is or just doesnt know how to use them correctly..this has been explained so many times
there a definate advantage...different players like different wagering options...may not be 4 everybody, but they sure have been good to me and a big moneymakerComment -
If you bet 100 you win 700 on a 3 game parlay correct?
If i start at a 100 at rollover it goes like this
100 to win 90.90 so a total of 190.90
roll it
190.90 to win 173.54 for a total of 364.44
roll it
364.44 to win 331.40 for a total of 695.84
so escially you are costing yourself 4 dollars by doing straight bets but the benefit is you can stop or adjust your bets at anytime and are not locked into your parlay. The only benifit of parlays are if the games start at the same time.Comment -
theres many more advantages than that
exactly why most books dont even offer them...
if u are going to just keep betting every dollar u win on each of the 3 rolling-if wager why bet them str8 and not parlay it?..doesnt make any sense..why would u risk every 1.00 u just won for 3 str8 games? if thats the case just parlay them, and risk ALOT less money and get same results...u need to risk over 3x as much money and get slightly less result? and if u lose u will lose well over 300 u just won, but im in it for the 100 bucks in ur senario... just makes 0 sense if thats your argument
and being able to select games from different days/weeks with no time-table to close out however many slots u choose on ur open parlay IS a big advantage imo
different people like different things, for me they are a good advantage to have offered...thats all...not for every1Comment -
Mike
What i was saying though its the same thing. In my scenario I started with 100 on my parlay and my straight bets. Its the same thing. You risk 100 on your parlay to win 700. I started with 100 and kept rolling my winnings but if I lose one of my 3 games I am out my 100 just like if you lose one of your parlays so there is no difference. The thing about doing straight bets is I can stop any time and keep my winnings where you are locked in with a parlay. Also if you have a rollover you would only rollover 100 where I would rollover 600 this way and if any bet losses its the same.
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It seems to me that there are really two separate issues being a little confused here.
1. Parlays, multiples. doubles or all-ups per se, and
2. So called "Open Parlay" offerings at some books.
Personally I don't play parlays. Don't really see the sense in them mostly.
Take a simple example. I like two bets. Both are at say 2.50 (+150) at one bookie.
A parlay player (PP) will invest say $100 to win $525.
I would prefer to bet $175 on each of them to win $525.
Some would say PP has risked ony $100 and I've risked $350.
That is ignoring the simple reality of what happens with a parlay.
Should the first bet win PP is in reality risking the $250 which he could have pocketed from the first leg win on the second leg. So overall he really has bet $350.
Should the first leg lose he has no bet on the second leg and to my way of thinking has wasted a good selection.
I would have lost $175 on the first leg but collected $437.50 on the second for an overall profit of $62.50.
However instead of sticking with that one bookie offering 2.50 for each of my selections and which the parlay player invested with, I shop around and find that I can actually get 2.70 (+170) at a different bookie for my second selection. So I have that added advantage over the parlay player who has to take both legs at the same book.
Now let's look at the "open parlay" product.
I will have to assume that I am a parlay player now.
PP places his $100 on today's double same as above and commits to filling say 2 more "open" slots another day.
Unless today's two events are played concurrently I can still parlay them by collecting my money from the first one should it win and putting it all-up on the second one at the bookie offering the 2.70. Already I'm clearly in a better position than PP.
Now I can decide whether to go all-up on another one or two or even more legs or simply quit my parlay. To my mind that is truly "open". And I can take my pick of books to ensure I'm getting the best odds available for whichever remaining legs I wish to add to my parlay.
PP, should both bets have won is committed to play another two legs. And at the same bookie so can't shop for better odds to continue his parlay.Comment
