How long has ASI "the pig" "Legendz" "other A books" been robbing its parlay players?

**Peep** · 01-02-09, 11:30 AM

That is just the way it is, always has been, parlay players beware, but I do notice some improvements.

5 Dimes and Pheonix group pay $526.71 now for a two teamer if both teams are -110, as opposed to the traditional $520.

**Justin7** · 01-02-09, 12:04 PM

AK,

You're a bit unclear in some areas, and your math is off in others.

3 Points... I assume you're talking about the 3 games lined at -110?

A lot of books pay 6:1 on a 3-teamer. This is better than "retail". If you are betting a higher multiway, most books will multiply these out, which is a payout of less than 6:1.

Your payout using the "7" instead of 6 is the total payout, not winnings. Does the calculator you are using do this?

If you really want to show something wrong, make your example shorter and clearer. Are 4-team parlays paying out fairly?

Also, what is the listed payout on an 8-team parlay?

**rookie** · 01-02-09, 02:10 PM

Can you post an actual screen shot of a parlay showing the odds and the payout ?

AK · 01-02-09, 02:38 PM

Here You Go

AK · 01-02-09, 03:10 PM

**rookie** · 01-02-09, 03:23 PM

This is blatant theft unless "2618" denotes something else but the payout. How long has this been going on ?

AK · 01-03-09, 10:12 AM

Originally posted by rookie

This is blatant theft unless "2618" denotes something else but the payout. How long has this been going on ?

ASI parlay algorithm has been like this since day 1 to my knowledge.

**robmpink** · 01-03-09, 06:58 PM

Funny how all is mum from SBR. What a suprise. Unless he fudged the payout, wtf? An A+ book? In my opinion it sure says something about the validity of sbr grading.

SBR you are tight with these books of course. Why can't you get a statement from them regarding this and pass it along to the players? Is your parlay calculator broken?

**frostno98** · 01-03-09, 09:25 PM

I doubt anyone has even hit a par 8 in this forum that's why no one cares. I'd be happy just to win it.

AK · 01-03-09, 11:20 PM

Originally posted by frostno98

I doubt anyone has even hit a par 8 in this forum that's why no one cares. I'd be happy just to win it.

This is not just on 8 team parlays, It's on all parlays which includes a ML and a -110.

**Justin7** · 01-04-09, 01:38 PM

Originally posted by AK

This is not just on 8 team parlays, It's on all parlays which includes a ML and a -110.

Actually, it's all 8 team parlays. If you play 8 teams, it pays less than the listed odds in their rules.

Fortunately, there are no complaints on this. If someone had a live dispute with these issue, they'd have a valid claim.

**Frank** · 01-04-09, 01:59 PM

WOW

I just tried and holy shit what a ripoff!

8 games at -110 pays 80-1

7 games at -110 and 1 game at +285 pays 15.1-1

By replacing 1 game at -110 to +285 pays less? Let alone $6490 less on a $100 parlay.

Either their software has some kind of glitch or they are raping you.

AK · 01-04-09, 04:11 PM

4 examples of the ASI parlay calculation
The ASI parlay algorithm provides the best solution for sportsbooks to provide a fair payout to accounts that chose non-flat prices on their parlay selections,
while protecting the exposure of the sportsbook by honoring the chart payouts. The ratio of actual selectins to the default price is multiplied times your chart payout.
Unlike applying exact odds for every non-flat price, this calculation prevents customers from getting higher parlay payouts when adding more expensive selections.
Note: Per Industry Standards, all baseball, hockey, and money line selections in a parlay are always calculated in at exact prices.

I will provide You with 4 example.

**bigboydan** · 01-04-09, 04:17 PM

Originally posted by Frank

Either their software has some kind of glitch or they are raping you.

It's the software IMO Mr.Frank. I remember reading a similar issue with another book that uses the ASI s/w that had this type of problem.

AK · 01-04-09, 04:23 PM

Hello Justin, I liked your handicapping preview for Arizona game keep up the great work. However its not just on 8 team parlays.

**JoshW** · 01-05-09, 12:09 PM

I think it is a valid point. I am sending this to the Pig/Legendz to have a look at it. Dell Dude gets credit for sending this in to SBR.

**Peep** · 01-05-09, 02:17 PM

So much for my "Pheonix is better" idea.

Played a 4 teamer at Oly for $60, payoff $725.22 (and that is with a -115 in).

Same 4 teamer at BetOT only pays $653.66 (without a -115 in).

Guess where I bet it??

**Peep** · 02-06-09, 06:33 PM

Today I tried playing a two team parlay at Bet Pheonix. Both teams -110.

Instead of standard 2.6/1, it comes up with 2.45 to one. WTF? Could someone with a Bet Pheonix group account see if they are hosing everyone or am I "special"?

Another ASI special event, dedicated to screwing parlay players every chance they get.

**tomcowley** · 02-06-09, 06:43 PM

Yeah. Phoenix must have changed payout odds. They were paying 2.8:1 on 2-team parlays of -105/-105 markets, now those are reduced to 2.6:1. Then the software screws you again by pegging every line to -105, so on -110/-110 markets (like first halves), where a retail parlay should still pay 2.6:1, it only pays 2.45:1. Atlas pulls the same nonsense with parlays pegged to -107 pricing paying out less on 20c markets.

**Peep** · 02-06-09, 06:50 PM

Thanks Tom.

No thanks Bet Pheonix. I am going to contact them, see if it can be set so that they at least pay 2.6 to one.

**poker_dummy101** · 02-06-09, 08:22 PM

Another book trying to screw people over, who wouldve thought. Its getting ridiculous, are they hurting that bad?

**Peep** · 02-06-09, 08:35 PM

Yeah, that does suck. I bet a couple of two teamers last night late, goofing around with dog/under second halves. Won one. Because I bet "odd change" I didn't notice it.

They were paying the full 2.6 to one last week, so this is a change.

Change for the worst.

**Peep** · 02-10-09, 01:20 PM

I checked Betphoenix today, they are back to 2.6 to one again.

So complaining sometimes does make a difference. Thank you Betpheonix.

**tomcowley** · 02-10-09, 05:26 PM

Yeah, looks like -110/-110 is the retail 2.6:1 now and that lines are pegged to -110. -105 2-teamers pay 2.76:1, which is the proper ratio to the retail parlay. It's not quite as good as -105 2.8:1 being the retail benchmark, but it's a perfectly reasonable solution. Thumbs up to Phoenix.

**Cwissy Coolcat** · 10-01-09, 12:37 PM

Legendz has some competition. Bet First Class waters down parlays as well starting with too team moneylines. Shitt books.

**Cwissy Coolcat** · 10-01-09, 12:43 PM

This isn't by accident either. Anybody who has a clue knows if you reduce payouts on anything, you increase the hold of the books. With parlays, since even a small % reduction can mean thousands less on a winning bet, it is outright theft and the numbers are staggering if they have large volume. Easily in the six figures - perhaps even seven. On a parlay at BFC, Jamaica paid more than $2400, BFC paid less than $1200. Same teams and odds. They can get away with it because mostly stupid squares (present cats excluded) play parlays and don't know any bettor. They try this stuff with straights, they get lit up like a Christmas tree.

**RickySteve** · 10-01-09, 12:47 PM

Add Gamblers Palace and Sportbet aka Island to the list of books with creative parlay payouts to short players.

**betpartners** · 10-01-09, 02:24 PM

Looks well proven to me

Any comments SBR on why A Rated books are questioned by SBR on why they are under cutting so bad

Justin you was well quick to jump in and accuse AK of being wrong, he showed you as others did that they were in the right, would like to hear your opinion now

**themajormt** · 10-01-09, 03:51 PM

I agree... It is very bothersome that this was a major issue but SBR just stopped inquiring about it....

**illmatick** · 10-01-09, 03:59 PM

Originally posted by themajormt

I agree... It is very bothersome that this was a major issue but SBR just stopped inquiring about it....

**TheBeautifulGame** · 10-02-09, 07:14 AM

Originally posted by frostno98

I doubt anyone has even hit a par 8 in this forum that's why no one cares. I'd be happy just to win it.

I hit a 5 euro 9 team accumulator/parlay last year. A lot of heavy favs so I only won 500 odd euro. Pretty happy at the time though. I never really bet parlays because you're right, they are hard to hit.

**patswin** · 10-02-09, 07:59 AM

Sounds like a software issue, they should get it fixed

**themajormt** · 10-02-09, 08:52 AM

Again, WHERE IS SBR's response on this??????

**acarmelo1** · 10-06-09, 07:06 PM

Check the rules, they explain there payouts odds there http://www.legendz.com/payout_odds/index.html