I don't understand the 2 team parlay. Seems a 2 team if bet accomplishes the same thing with a higher payout.
For example, $100 bet on two teams -110
parlay would pay $264.46
two team if bet (where you invest principal and winnings into second bet) would pay $273.55
My book allows you to vary bets on if bet, so you would bet 100 on game 1 and 190.91 on game 2.
In both cases, you need to win both games to win. In both cases, if you lose either game, the result is -100.
Am I missing something? Why would anyone do a 2 team parlay if an if bet is available.
For example, $100 bet on two teams -110
parlay would pay $264.46
two team if bet (where you invest principal and winnings into second bet) would pay $273.55
My book allows you to vary bets on if bet, so you would bet 100 on game 1 and 190.91 on game 2.
In both cases, you need to win both games to win. In both cases, if you lose either game, the result is -100.
Am I missing something? Why would anyone do a 2 team parlay if an if bet is available.