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Message
re: Parlay question for sports betters
Posted on 8/13/12 at 1:37 pm to GhostBuster6
Posted on 8/13/12 at 1:37 pm to GhostBuster6
A 4 game parley @ 10 to 1 is a sucker bet - explained below
Betting straignt
Game 1 - $200.00 bet = winnings of $200.00
Game 2 - Game 1 winnings + original $200.00 ($400.00 bet) = winnings of $400.00
Game 3 - Game 1 winnings + Game 2 winnings + original $200.00 = ($800.00 bet)= winnings of $800.00
Game 4 - Game 1 winnings + Game 2 Winnings + Game 3 winnings + original $200.00 = ($1600.00 bet) = $1600.00 winnings
Total winnings - Game 1($200.00) + Game 2($400.00) + Game 3($800.00) + Game 4($1600.00) = $3000.00.
$3000.00 dollars is more than $2000.00
So if you want to bet a 4 game parley make sure you pick games with the kickoff spread far enough apart to allow you to roll your bets.
edited - adjusted math $3200.00 to $3000.00
Betting straignt
Game 1 - $200.00 bet = winnings of $200.00
Game 2 - Game 1 winnings + original $200.00 ($400.00 bet) = winnings of $400.00
Game 3 - Game 1 winnings + Game 2 winnings + original $200.00 = ($800.00 bet)= winnings of $800.00
Game 4 - Game 1 winnings + Game 2 Winnings + Game 3 winnings + original $200.00 = ($1600.00 bet) = $1600.00 winnings
Total winnings - Game 1($200.00) + Game 2($400.00) + Game 3($800.00) + Game 4($1600.00) = $3000.00.
$3000.00 dollars is more than $2000.00
So if you want to bet a 4 game parley make sure you pick games with the kickoff spread far enough apart to allow you to roll your bets.
edited - adjusted math $3200.00 to $3000.00
This post was edited on 8/13/12 at 1:59 pm
Posted on 8/13/12 at 1:42 pm to justafarmer
quote:umm..doubt they will be even money
Game 1 - $200.00 bet = winnings of $200.00
Posted on 8/13/12 at 2:08 pm to justafarmer
ohhh.. i was reading your post wrong. i was thinking you were outlining single bets
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