What are the payouts for the following scenarios of a 4 Team Asian Handicap Parlay and what is the formula used in the calculation?
Example:
I have a 4 Team Parlay, all with split Asian Handicap of 0/+0.5 (to make it simple)
Odds:
Pick 1: 1.95
Pick 2: 1.74
Pick 3: 1.97
Pick 4: 1.92
Risk Amount $100
Scenario 1 and Scenario 2 I think I understand (but please correct if wrong). How are the payouts for Scenarios 3, 4 and 5 calculated?
Scenario 1:
All 4 teams clear the Handicap
Answer:
$100 * (1.95 * 1.74 * 1.97 * 1.92) = Payout
Scenario 2:
Pick 1 is a draw (the pick with 1.95 odds), the remaining picks clear the handicap
Answer:
$50 * (1.95 * 1.74 * 1.97 * 1.92) = Payout1
$50 * (1.74 * 1.97 * 1.92) = Payout2
Final Payout = Payout1 + Payout2
Scenario 3:
Pick 1 and Pick 2 end in a draw, how is the payout calculated?
Scenario 4:
Pick 1, 2, and 3 end in a draw, how payout calculated?
Scenario 5:
All 4 games end in draw, how is the payout calculated?
Thanks in advance for any help provided!
Example:
I have a 4 Team Parlay, all with split Asian Handicap of 0/+0.5 (to make it simple)
Odds:
Pick 1: 1.95
Pick 2: 1.74
Pick 3: 1.97
Pick 4: 1.92
Risk Amount $100
Scenario 1 and Scenario 2 I think I understand (but please correct if wrong). How are the payouts for Scenarios 3, 4 and 5 calculated?
Scenario 1:
All 4 teams clear the Handicap
Answer:
$100 * (1.95 * 1.74 * 1.97 * 1.92) = Payout
Scenario 2:
Pick 1 is a draw (the pick with 1.95 odds), the remaining picks clear the handicap
Answer:
$50 * (1.95 * 1.74 * 1.97 * 1.92) = Payout1
$50 * (1.74 * 1.97 * 1.92) = Payout2
Final Payout = Payout1 + Payout2
Scenario 3:
Pick 1 and Pick 2 end in a draw, how is the payout calculated?
Scenario 4:
Pick 1, 2, and 3 end in a draw, how payout calculated?
Scenario 5:
All 4 games end in draw, how is the payout calculated?
Thanks in advance for any help provided!