Who says parlays are sucker bets???

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  • Big_Slim
    SBR Sharp
    • 06-04-12
    • 409

    #1
    Who says parlays are sucker bets???
    I constantly hear cappers saying that parlays are "sucker bets" but they are looking at it from only 1 side!

    For instance, I bet on 3 baseball games yesterday risking $200 each, Yankees RL, Nats ML, and Reds ML, all 3 of them lost!!!

    Thats a $600 total lost, now, if I had bet them as a 3 team parlay I would only have risked $100 which is my limit for parlays. Yeah, all of them would have lost but it would have only been a $100 lost instead of a $600 lost!

    There is no magic formula to gambling...Like I said before the only winners at the end of the day are the BOOKS!
  • arnoldrothstein
    SBR Wise Guy
    • 07-23-10
    • 764

    #2
    Parlays are the greatest. Fukk anyone that says otherwise. These clowns don't know a Fukking thing
    Comment
    • Grits n' Gravy
      Restricted User
      • 06-10-10
      • 13024

      #3
      If books love them they clearly are designed for losing.
      Comment
      • allabout the $$$
        SBR Hall of Famer
        • 04-17-10
        • 9843

        #4
        Originally posted by Big_Slim
        I constantly hear cappers saying that parlays are "sucker bets" but they are looking at it from only 1 side!

        For instance, I bet on 3 baseball games yesterday risking $200 each, Yankees RL, Nats ML, and Reds ML, all 3 of them lost!!!

        Thats a $600 total lost, now, if I had bet them as a 3 team parlay I would only have risked $100 which is my limit for parlays. Yeah, all of them would have lost but it would have only been a $100 lost instead of a $600 lost!

        There is no magic formula to gambling...Like I said before the only winners at the end of the day are the BOOKS!
        you would be bitching if you went 2-1 and lost your parlay
        Comment
        • GunShard
          SBR Posting Legend
          • 03-05-10
          • 10031

          #5
          The bigger the Parlay the more square the bet becomes.

          I would keep parlays no greater than 3 teams.
          Comment
          • Big_Slim
            SBR Sharp
            • 06-04-12
            • 409

            #6
            Originally posted by allabout the $$$
            you would be bitching if you went 2-1 and lost your parlay
            not really....I would have rather loss $100 than $600 any day!
            Comment
            • baskets
              SBR Posting Legend
              • 11-24-11
              • 11691

              #7
              this sounds highly mathematically scholaristically based

              you be on to sumting, methinks
              Comment
              • Big_Slim
                SBR Sharp
                • 06-04-12
                • 409

                #8
                Originally posted by arnoldrothstein
                Parlays are the greatest. Fukk anyone that says otherwise. These clowns don't know a Fukking thing
                Comment
                • allabout the $$$
                  SBR Hall of Famer
                  • 04-17-10
                  • 9843

                  #9
                  Originally posted by Big_Slim
                  not really....I would have rather loss $100 than $600 any day!
                  ok but 2-1 wins you money if you bet the games straight and loses money in a parlay.

                  there is a reason they pay off at good odds, because you will lose on them long term.

                  odds of you going 3-0 very slim. odds of you going 2-1 much better. if you go 1-2 you lose the same amount that you would on the parlay. you gave the worst case scenario with 0-3.
                  Comment
                  • Big_Slim
                    SBR Sharp
                    • 06-04-12
                    • 409

                    #10
                    Originally posted by allabout the $$$
                    ok but 2-1 wins you money if you bet the games straight and loses money in a parlay.

                    there is a reason they pay off at good odds, because you will lose on them long term.

                    odds of you going 3-0 very slim. odds of you going 2-1 much better. if you go 1-2 you lose the same amount that you would on the parlay. you gave the worst case scenario with 0-3.
                    This was just me shedding some light on the other side of betting a parlay...you're right about the 1-2 scenario....but what we don't hear about is people betting games straight and going 0-3 like I did yesterday...this happens especially if you're on a losing streak....parlays get labeled as "sucker bets" cause if 1 game lose its a total loss...but what about betting straight games and all of them lose?

                    there is no blueprint to gambling...its all about your risk tolerance!
                    Comment
                    • bmansell33
                      SBR MVP
                      • 09-28-11
                      • 1048

                      #11
                      Why not round robin them
                      Comment
                      • Sam Odom
                        SBR Aristocracy
                        • 10-30-05
                        • 58063

                        #12
                        3 teamers with best odds offered are mathematically better than 3 straight bets at -110 IN THE LONG RUN
                        Comment
                        • Big_Slim
                          SBR Sharp
                          • 06-04-12
                          • 409

                          #13
                          Originally posted by bmansell33
                          Why not round robin them
                          RR are a good tool to use....gotten good results from them!
                          Comment
                          • probettor1
                            SBR MVP
                            • 04-22-11
                            • 1985

                            #14
                            Almost every one chasing (martingale) picks end up broke, parlays are about the opposite. Yes, you might get lucky. But the secret is not chasing, parlays or straight bets. The secret is never run out of money and having a winning percent. Your 20 picks parlay might be about to hit the next month. But if you run out of money you might not get to the next month.
                            Comment
                            • ChalkyDog
                              SBR Hall of Famer
                              • 10-02-11
                              • 9598

                              #15
                              I bet you are going to be suckered into making more parlay wagers as a result.
                              Comment
                              • Big_Slim
                                SBR Sharp
                                • 06-04-12
                                • 409

                                #16
                                Originally posted by ChalkyDog
                                I bet you are going to be suckered into making more parlay wagers as a result.
                                if you wanna call it that so be it...but yes, I will continue to play parlays as I keep them between 2-5 teamers and I usually hit about 3 or 4 a month
                                Comment
                                • louis.ana
                                  SBR Sharp
                                  • 02-09-09
                                  • 359

                                  #17
                                  I say
                                  Comment
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