The first time I ever heard of one of these I was in Laughlin, NV at the Flamingo Hilton. There were only 2 NBA games left and it was when Jordan was with the Bulls. I wanted to take the Bulls in the first half, and the game, combined with the Lakers and over. When I tried to put it in, they said it was a "correlated parlay", I said "God Bless You" and give me my bet! They said they couldn't! I talked to the sports book manager and asked them why I couldn't put it in. He said "blah, blah blah" and I couldn't do it! I said if the Bulls don't cover the first half, I would lose as it would take out the whole four teamer! The result was, I took the Bulls and the Over, and the Lakers and the Over, and wound up winning anyway!
For some reason, a book that a lot of you bitch about, Bodog, takes these all the time. I think that Sportsbook.com takes them also! I've never really understood the fact that books won't take them, other than the hedging possibilities. But if you knock out the first half with a loss, it takes apart the whole parlay! Go figure!
For some reason, a book that a lot of you bitch about, Bodog, takes these all the time. I think that Sportsbook.com takes them also! I've never really understood the fact that books won't take them, other than the hedging possibilities. But if you knock out the first half with a loss, it takes apart the whole parlay! Go figure!
Here's a good example. There are 3 hockey games today, salami ( total of all 3 is 17.5. Parlaying all 3 games to go over is fine. Parlaying any game over with salami over is correlated. If a book were to allow the salami parlayed with all 3 overs ( 4-teamer), the salami is a gimme ( nearly doubling the payoff). The 3 games can't go over without salami going over, so that's 100% correlated to the games, one game over is correlated but it can still lose. Any book taking this stuff will lose money.
Many things are correlated, but not enough to overcome the vig. Betting every MLB dog -1.5 runs and over has correlation, but not enough to win, some books will take that, many won't. You could reverse above to unders as well.
Many things are correlated, but not enough to overcome the vig. Betting every MLB dog -1.5 runs and over has correlation, but not enough to win, some books will take that, many won't. You could reverse above to unders as well.
