Used to be +260 standard on a 2-teamer.
My book offers +245. These bastards will try to bleed you every chance they get.
My book offers +245. These bastards will try to bleed you every chance they get.
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Where's the fuckin power box, Carol? -
what is it, a local?Originally posted by ChuckyTheGoat
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Yeah, I don't play parlays anyplace that doesn't give you true odds based on corresponding juice.
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I will agree ever since the legal books set up the standard high juice model everyone seems to be doing the same. I remember when there used to be true dime odds for baseball...seldom see that anymore.
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Books are not using applying true odds on the parlays. They are phantom juicing the odds both ways when you parlay. Your -200 is all of sudden -220 and your +118 is now -102.Comment -
Thx, newton and MIAPlus. Yes, this is what I mean.Originally posted by newton0038
How many times can you get screwed? I'll post something below.Where's the fuckin power box, Carol?Comment -
Baseball is a Moneyline sport. So, you'd see the Baseball parlays multiplied out via the Actual Odds on the board. No funny business.
Football/Bask used to be a -110 sport. So, 11-to-win 10 on most bets. Standard Table would look like this:
*2-teamer: Inverse of X^2 yields Fair Odds of +264...+260 was standard offering. A little short of Fair Odds.
*3-teamer: Inverse of X^3 yields Fair Odds of +595...+600 offering was a little BETTER. I was aware of this. If I was going to bet a parlay, I'd bet the 3-TEAMER, b/c my breakeven point was a little lower.
*4-teamer: Inverse of X^4 yields Fair Odds of +1228...For the life of me, I can't remember the standard (+1300?). I know that some books shorted this # and offered a garbage price of +1000.
A Downtown book (Vegas Club) used to offer fatter odds on these. They knew how hard it was to beat the number. Why not try to induce action? Going off memory, I think their parlay odds were:
*2-teamer: +280
*3-teamer: +650
*4-teamer: +1300
Good Luck finding a book that offers a good deal nowadays.Where's the fuckin power box, Carol?Comment -
Salud, mia. I used to see the same thing:Originally posted by miaplus3
*You might see Reduced Juice (<20-cents) on the 1-team Straight Bets.
...Punch it into the parlay calculator and the Reduced Juice is gone. Back to 20-cent juice.
...By the way, this should be the opposite. It's very hard to connect on multiple winners. Should be ENCOURAGING bettors to shoot for the moon, b/c it's hard to hit.Where's the fuckin power box, Carol?Comment -
Pursuant to post #7, used to be that different books played it a little differently.
*On 2-teamers, you wanted to bet into a book that calculated it like Baseball parlay odds. IE: +264 (instead of +260 from the chart).
*On 3-teamers, you wanted to find a book that used the standard chart (+600). Your break-even on each leg would be slightly shorter (.523) than standard 11/10 odds (.524).Where's the fuckin power box, Carol?Comment -
Amen brother, I've always thought the same thing. Bookmaker has gone to a SGP model certain parlays. For example say you are betting sides & totals on 2 NFL games in a 4 team parlay, it used to be whatever juice assigned to a corresponding like would be multiplied out giving a "true" parlay payout. Now they couch the 4 teamer as if it were a 2 teamer with SGP odds of each game. Sometimes it works to your advantage , sometimes it doesn't. I assume their rational would be to meditate soft correlations? Example would be a game like -7 & over 21 @ -110 would be paying off less than a typical parlay payout, but payout MORE if parlaying -7 & under 21. I could be misinterpreting this, but at first blush that is what it seems.Originally posted by ChuckyTheGoatComment -
You're right about correlated. A lot offer them but the juice is insane. Some offshore do offer correlated up to 20-25%.Originally posted by miaplus3Comment -
Right on, MIA. If books tallied it up, they have to be up HUGE on Parlays and Teasers. Why not write MORE of them? That was the approach that Vegas Club used (by offering sweet odds).Originally posted by miaplus3
Keep one thing in mind when dealing with Books. They will offer junk lines when they know that you'll bet it regardless. I want books to offer me a FAIR line with low-juice:
1) I used to love the Moneyline market. Now, the straddles are WAY too high.
...I'd want to see 10-cent juice up to -150.
...Use 20-cent juice from -151 to -200.
...And 30-cent juice from -201 to -300.
...Books use juice that's WAY fatter than that.
...I'm not a sucker. I don't play into bloated juice.
2) Ditto on the Parlays. Players want to play against fair numbers.
...There's already vig on the sides.
...Don't re-tax it when you calculate the Parlay odds.Where's the fuckin power box, Carol?Comment -
""1) I used to love the Moneyline market. Now, the straddles are WAY too high..
...I'd want to see 10-cent juice up to -150.
...Use 20-cent juice from -151 to -200.
...And 30-cent juice from -201 to -300.
...Books use juice that's WAY fatter than that.
...I'm not a sucker. I don't play into bloated juice.""
Yes CTG, I think your numbers above are more than fair. I know that different sports or games within a sport are juiced different. An example would be a rando challenger tennis match in Singapore would have a high straddle and juiced differently than any US Open match. The reason I think is that there would less action on a minor match & and they don't want to be vulnerable putting out a line that hasn't' been subject to market efficiencies. I apologize for being verbose, I think I have explained this poorly.Comment -
Your explanation is good, MIA. Regarding efficiency of lines, I think it always goes back to how motivated the oddsmaker is to get it right:Originally posted by miaplus3
*Mkts where they take heavy action: Want to get it right.
*Mkts where they take just a few bets: Not worth the effort.
Think about this Coll Bask example:
*NoCarol/Duke: is (normally) a sharp #, b/c they'll be taking heavy action.
*Samford/Wofford: not so much, b/c they may take 1 or 2 bets.
Where's the fuckin power box, Carol?Comment -
I want to double-check myself on the Parlays. And what I say is true.
Two +100 bets should parlay out at +300 on the 2-teamer. Straight bet odds of (1/2)*(1/2) multiply thru as 1/4. = +300 odds = 3-to-1.
But that's not what comes thru on the Parlay. Shaved down to +276. Maybe it's Trump pushing thru an extra Tax.Where's the fuckin power box, Carol?Comment