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Old 04-04-2013, 11:45 AM   #1
Discuss Thrower Discuss Thrower is offline
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I don't get why anyone bets parlays.
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Old 04-04-2013, 11:48 AM   #2
Old Dog Old Dog is offline
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Quote:
Originally Posted by Discuss Thrower View Post
I don't get why anyone bets parlays.
not the smartest move, but I got a wild hair this morning or something.


Didn't mean to sidetrack the game thread....sorry gents.
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Old 04-04-2013, 11:51 AM   #3
alnorth alnorth is offline
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Originally Posted by Old Dog View Post
not the smartest move, but I got a wild hair this morning or something.


Didn't mean to sidetrack the game thread....sorry gents.
There's nothing else to talk about but the lineup.

So..... Your parlay is more interesting and relevant.
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Old 04-04-2013, 11:59 AM   #4
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random math lesson: how to calculate the payoff from a parlay.

First, convert every bet into a factor. If its +, then divide by 100 and add 1. If its -, divide 100 by that and add 1.

(e.g. +105 -> (105/100) + 1 = 2.05, -110 -> (100/110) + 1 = 1.909)

Then multiply your bet by each factor, and subtract your bet.

x=bet; A, B, C = factors in a 3-way parlay; y = what you win.

(x*A*B*C) - x = y
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alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.
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Old 04-04-2013, 11:49 AM   #5
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Originally Posted by Discuss Thrower View Post
I don't get why anyone bets parlays.
The long-term odds don't get worse. If 10,000 people placed 2 single bets a day for a year and 10,000 people placed 1 2-way parlay a day for a year, they should both come out the same.

The only difference is in exchange for accepting a loss 3 days out of 4 instead of every other day, you might feel happier on the day you won.
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Old 04-04-2013, 12:02 PM   #6
Nzoner Nzoner is offline
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Originally Posted by Discuss Thrower View Post
I don't get why anyone bets parlays.
In Vegas a couple of weeks ago I witnessed a guy hit 4 Aces on a $25 video poker max bet and win $4000 so he goes to the sportsbook and places a $1000 3 teamer on the NCAA tourney and I ask him why a parlay.He says because if I hit it'll pay around $7000 to which I say that took some guts I would've went on a straight up if I was betting a grand.

Needless to say next morning I see same guy and ask how's that parlay work out to which he says it didn't but oh well I had a grand to spare.
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