Parlays are a waste

KingofNicotine · Jul 26, 2009

Would've had a winning day today if I had taken individual bets.

Parlay (7 Teams)

bet 25.00 to win 787.31

Athletics(Oakland) Braden 5
Yankees(NewYork) Mitre 7 07/26/09(13:10 ET)
Yankees(NewYork) -170

Braves(Atlanta) Lowe 10
Brewers(Milwaukee) Looper 2 07/26/09(14:05 ET)
Braves(Atlanta) -112

Cardinals(StLouis) Wellemeyer 2
Phillies(Philadelphia) Blanton 9 07/26/09(13:35 ET)
Phillies(Philadelphia) -154

Pirates(Pittsburgh) Vasquez
Diamondbacks(Arizona) Scherzer 07/26/09(16:10 ET)
Diamondbacks(Arizona) -180

Rangers(Texas) Millwood 7
Royals(KansasCity) Ponson 2 07/26/09(14:10 ET)
Rangers(Texas) -144

Reds(Cincinnati) Owings 2
Cubs(Chicago) Harden 5 07/26/09(14:20 ET)
Cubs(Chicago) -220

Twins(Minnesota) Swarzak
Angels(LAA) Santana 07/26/09(15:35 ET)
Angels(LAA) -141

MemphisMonroe · Jul 26, 2009

Why i dont fuck with them. take em seperate instead of chasing odds.

fivestarjake · Jul 26, 2009

you should round robin.

bossA3 · Jul 26, 2009

parlays drain your $$ slowly and steadily. I haven't messed with them in quite a long time

KingofNicotine · Jul 26, 2009

Killer, thing is that for some miracle since the all star break I hit like 5 parlays in less than a week and I got addicted seeing all that easy money.

But I am done with it. There's nothing worse than missing by one team.

KingofNicotine · Jul 26, 2009

fivestarjake said:
you should round robin.

Really? How does that work?

billhill999 · Jul 26, 2009

A round robin bet is an easy way of betting multiple parlays all at one time. It's just like boxing dogs in a dog race if that makes any sense.

How they work is you select between 3 and 8 teams that you'd like to involve in the bet. You then choose to do parlays of 2 to 6 teams. The calculation of how many bets are included in this equation can get a bit hairy, so we'll include a bet table below.

Let's say you want to do a three way two team round robin. You like three teams who we'll call the Colts at -7, Bears at -7 and Packers at +4. Let's say you wanted your parlays to run for $100 each. Here's how your round robin would look:

Parlay 1:
Colts -7
Bears -7
Betting $100 to Profit $260

Parlay 2:
Colts -7
Packers +4
Betting $100 to Profit $260

Parlay 3:
Bears -7
Packers +4
Betting $100 to Profit $260

In summary, you'd be laying $300 for a potential profit of $780.

moocow · Jul 26, 2009

Ive been having decent luck hitting parlays by limiting it 3 teams or less. Every time i go to 4 or more i get screwed by 1 team not pulling their weight. Im likin that round robin tho..think i might try that a few times this week.

wags4 · Jul 26, 2009

billhill999 said:
A round robin bet is an easy way of betting multiple parlays all at one time. It's just like boxing dogs in a dog race if that makes any sense.

How they work is you select between 3 and 8 teams that you'd like to involve in the bet. You then choose to do parlays of 2 to 6 teams. The calculation of how many bets are included in this equation can get a bit hairy, so we'll include a bet table below.

Let's say you want to do a three way two team round robin. You like three teams who we'll call the Colts at -7, Bears at -7 and Packers at +4. Let's say you wanted your parlays to run for $100 each. Here's how your round robin would look:

Parlay 1:
Colts -7
Bears -7
Betting $100 to Profit $260

Parlay 2:
Colts -7
Packers +4
Betting $100 to Profit $260

Parlay 3:
Bears -7
Packers +4
Betting $100 to Profit $260

In summary, you'd be laying $300 for a potential profit of $780.

I do this during football season when I feel I have a really strong card that should go atleast 2-1. As long as you go 2-1 you gonna make like an extra $60 on top of playing the games seperately too.

I don't do it every week though, just when I feel really good about the plays. ( like all 5 unit plays)

fivestarjake · Jul 26, 2009

billhill999 said:
A round robin bet is an easy way of betting multiple parlays all at one time. It's just like boxing dogs in a dog race if that makes any sense.

How they work is you select between 3 and 8 teams that you'd like to involve in the bet. You then choose to do parlays of 2 to 6 teams. The calculation of how many bets are included in this equation can get a bit hairy, so we'll include a bet table below.

Let's say you want to do a three way two team round robin. You like three teams who we'll call the Colts at -7, Bears at -7 and Packers at +4. Let's say you wanted your parlays to run for $100 each. Here's how your round robin would look:

Parlay 1:
Colts -7
Bears -7
Betting $100 to Profit $260

Parlay 2:
Colts -7
Packers +4
Betting $100 to Profit $260

Parlay 3:
Bears -7
Packers +4
Betting $100 to Profit $260

In summary, you'd be laying $300 for a potential profit of $780.

i was in the process of pasting the same goddam thing.

from gambling 101. what was funny is my wife seen it and said "why don't your sorry ass take that course":lol:

Mobdeeper7239 · Jul 26, 2009

200 dollar parlay on Texas RL and Phillies RL paid out 680....didn't play much else....thats how you parlay...not parlaying 7 teams together

billhill999 · Jul 26, 2009

I usually don't recommend making a wager where you need multiple teams to win to collect a single wager, having said that, a two team parlay an be profitable when you feel you see a soft line or two.

olballcoach · Jul 26, 2009

Mobdeeper7239 said:
200 dollar parlay on Texas RL and Phillies RL paid out 680....didn't play much else....thats how you parlay...not parlaying 7 teams together

exactly! you can't parlay 7 teams and expect to win lol

kidman232 · Jul 26, 2009

also if u hit 5 big parlays in a week, you would be set for months of parlays on betting with your profits only, yet your mad already on it. id rather miss by 1 game then 4, atleast you know whoever ur taking picks from is doing well right now :laugh:

KingofNicotine · Jul 26, 2009

I'm only taking picks from me. I only come here for insight if anything.

moocow · Jul 26, 2009

Mobdeeper7239 said:
200 dollar parlay on Texas RL and Phillies RL paid out 680....didn't play much else....thats how you parlay...not parlaying 7 teams together

Thats exactly what i been doing parlaying 2 or 3 RLs to make it worth my while. Never understood the parlayin of huge ML favorites just to try and get even money. If im gonna parlay i want at least 3x back what im betting. 7 teams is just ridiculous

Parlays are a waste

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