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Playing a 10 team Parlay card

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  • #16
    Originally posted by 3ebRocks
    I mentioned in response to Gpa that you could hit one every 13years and break even. And thats true. And I never said anything about hitting one every other weekend and obviously that is next to impossible. I play them to have a little fun. Like the lottery. Or a scratch off game. Regardless, I was hoping to get some picks up here and I will make it a bc parlay card. So lets not argue about hitting 10 teamers every other weekend because we all know thats not the case.

    That being said, give me some picks, darn it.
    If you play one every weekend for 13 years and hit one, you break even????

    Sounds like alot of work and sweating for nothing. What if year 12 comes and you are thousands in the hole? Do you just assume the big one is coming?

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    • #17
      Originally posted by 3ebRocks
      Play a ten teamer for 20 bucks every week for 17 weeks and it costs you $340. One winner gets you back $4000 at 20 bucks. You can bet them for 13 straight seasons and win just one and you are ahead.
      In theory you are correct. In the long run a parlay player will be ahead. In practice how many guys will religiously play a parlay every week for 10 years?

      Using my math above a 60% capper will hit a 10-team once every 166 parlay. Playing $20 on each parlay will return a profit of $680 (4000-3320 (166 at$20))

      If you bet $2 on the same 1660 games (166 weeks 10 game/week) at 60% the profit would be $531. The parlay is more profitable.

      Betting $5 on each of the same 1660 games would return a $1328 profit.

      Some guys play lotto. Others don't. I never play lotto. I've never played a 10 team parlay. I'd play all 10 teams each before playing a parlay. On a rare occasion for giggles I might play a multi-team parlay. I can say it's not something I'd do each and every week for 10 years ripping up ticket after ticket.

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      • #18
        Originally posted by wayne1218
        Sounds like alot of work and sweating for nothing. What if year 12 comes and you are thousands in the hole? Do you just assume the big one is coming?
        LMAO. So true!

        In year 12 because we assume the big one is coming why not increase it from $20 each to $100 each. lol

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        • #19
          I was making a point in response to Gpa telling me to add up all my parlay cards and see how much I lost. My point was that if I play a $20 card every week for 17 weeks its only 340 bucks. One 5 unit play is 250 bucks. So 20 bucks a week isnt going to make or break me or probably anyone else on this forum in any way. And again, this was in response to being told that a parlay is a sucker bet. As if I didnt know that 10 for 10 was a slightly difficult task. So all I was trying to say was that if you hit one a year or one every other year, your doing fine because they pay 200-1. And people do cash them. Not often. But it does happen. So I dont see why there needs to be lectures going on about the perils of a 20 bet. And yea if you add it up for 13 years straight you still arent at $4000 which is what you would get back if you won one. And yea, if I played 283 of them I would expect to hit one. So it has nothing to do with 60% winners on any consistent basis. It has to do with getting lucky and picking the right ten games to put on it. Because I would venture to say we all win 10 games in a weekend so you would just have to pick the right ten. Easier said than done I realize, but certainly not impossible. Was just trying to have fun with it. Forget it already.
          "The power of accurate observation is frequently called cynicism by those who don't have it." George Bernard Shaw

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          • #20
            Originally posted by 3ebRocks
            I was making a point in response to Gpa telling me to add up all my parlay cards and see how much I lost. My point was that if I play a $20 card every week for 17 weeks its only 340 bucks. One 5 unit play is 250 bucks. So 20 bucks a week isnt going to make or break me or probably anyone else on this forum in any way. And again, this was in response to being told that a parlay is a sucker bet. As if I didnt know that 10 for 10 was a slightly difficult task. So all I was trying to say was that if you hit one a year or one every other year, your doing fine because they pay 200-1. And people do cash them. Not often. But it does happen. So I dont see why there needs to be lectures going on about the perils of a 20 bet. And yea if you add it up for 13 years straight you still arent at $4000 which is what you would get back if you won one. And yea, if I played 283 of them I would expect to hit one. So it has nothing to do with 60% winners on any consistent basis. It has to do with getting lucky and picking the right ten games to put on it. Because I would venture to say we all win 10 games in a weekend so you would just have to pick the right ten. Easier said than done I realize, but certainly not impossible. Was just trying to have fun with it. Forget it already.
            3ebRocks, I'm not lecturing. If you look at my last paragraph in post 17 I stated we have different betting personalities. I'm a conservative person. My betting habits reflect my conservative personality. My betting habits also reflect not giving the house any additional advantages. That's why I very rarely buy points. Point buying favors the house.

            Yes, people do cash 10-team parlays. We only see winning parlays or parlays similar to the one posted in this thread with 9 winners in 10. There's literally 1000s of unposted parlays with 4, 5, 6 etc winners.

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            • #21
              Originally posted by frankb03

              About 55% capper had a 5.5/1000 chance of hitting a 10 team parlay.
              Sorry. I had an error in this part of the post.

              A 55% capper has a 2.5/1000 chance of hitting a 10 team parlay.

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              • #22
                True story here.

                Was in vegas about 10 year back maybe more( Shaq was still playing for Orlando), had a really nice run on the tables so the next morning I play 9 team parlay for $75 . I go up to my room and see Orlando down by over 20 points ( they were + 1 or 2 I believe ) , so before heading out for some site seeing thinking I have a losing card already - I stop at the sports book and place a 12 team parlay for $75. I put 8 of the same teams I originally had- minus Orlando of course and added 4 others . After a couple hours we go to the sportsbook at Ceasars to watch some NCAA tourney games . I notice Orlando had come back to win!!!! - and i had hit some NBA games - look at my ticket ... 5-0 on both to start - Watch some tourney games ( Mich st and Kentucky -- is it sick I still remember this shit???) and win a few more. Head bak to my hotel and I'm 8 -0 on one card with the 76ers left and 9 -0 on the other card with the Cavs, Saramento, and Philly left.

                The cavs come in

                Sac comes in


                I going nuts - anxiety - sweating - excitement....

                I have Philly getting 9 1/2 at Portland . Cant watch the game. Have my buddys give me updates .


                Philly loses by 13 !!!!!!!!!!!!!!!!!!!!!!!!

                so my one card goes 11 -1 and the other 8 -1

                I felt sick - wanted to punch a wall - cry

                I still have the fucking tickets in my drawer. Should them the next morning to the guy behing the counter at the sportsbook and it didnt faze him much - he probably sees that everyday.

                If I remember correctly the payout for both tickets would have been near $ 30,000

                My only consolation was that I played all those games with my local and had about 8,000 waiting for me when I got home
                Last edited by GOLDENGREEK; 11-14-2007, 12:00 AM.

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                • #23
                  Originally posted by GOLDENGREEK
                  [B]
                  My only consolation was that I played all those games with my local and had about 8,000 waiting for me when I got home
                  Moral of the story. Also, play the games individually.

                  Comment


                  • #24
                    Dont get me wrong Frank, I wasnt directing post #19 specifically at you and I certainly respect your betting philosophy and cant argue with a single point of yours. But what got me frustrated was that I created a thread to see a bunch of selections that without me having to pick, I could put on a card and have some fun with it. Maybe even win a few of the selections on the card and then have some fun with the people on here that gave me the losers. Who knows. But I wasnt speaking to the logic of the action, nor did I claim to cash them on a regular basis (actually I didnt claim to cash them at all). I just made a point in response to a fellow forum member, Grandpa, whose opinion along with everyone else's, I respect. And the point I was making was that doing a parlay card is not in any way something I count on to make money nor do I really expect to win. But the odds being what they are, it is both fun and worth it for me to throw down 20 bucks a week on one to try for that $4000 payday.
                    "The power of accurate observation is frequently called cynicism by those who don't have it." George Bernard Shaw

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                    • #25
                      Great story, GG. Kind of like what happened to me this past weekend, except mine was for a lot less.
                      "The power of accurate observation is frequently called cynicism by those who don't have it." George Bernard Shaw

                      Comment


                      • #26
                        ive hit a 9 teamer ONCE with $30 riding on it and I hit for $1400
                        Proud Member on Bettorschat.com since March 10, 2006


                        Overall since 9/1/09- 39-30-1 +1.14 units ($114.40)
                        1 unit=$100.00

                        Updated through Nov 18th 2009 @ 1:09AM est

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                        • #27
                          Originally posted by frankb03
                          I highly doubt you're hitting a 10-teamer every other weekend. I doubt you're hitting one every other season. If I'm wrong and are you hitting them that frequently feel free to post them in advance.
                          No man I didn't mean 10 teamers. I mean like 4 team parlay on up. I like to stay around 4-7. I hit a 7 teamer last weekend. And if you would have read some of my earlier threads you would have noticed I said I was going to start posting my parlays
                          Record (started keeping track as of 11/10/07)
                          NCAAF: 14-9
                          NFL: 7-6
                          NBA: 4-4-2
                          CBB: 10-6-1

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                          • #28
                            Originally posted by 3ebRocks
                            Dont get me wrong Frank, I wasnt directing post #19 specifically at you and I certainly respect your betting philosophy and cant argue with a single point of yours. But what got me frustrated was that I created a thread to see a bunch of selections that without me having to pick, I could put on a card and have some fun with it. Maybe even win a few of the selections on the card and then have some fun with the people on here that gave me the losers. Who knows. But I wasnt speaking to the logic of the action, nor did I claim to cash them on a regular basis (actually I didnt claim to cash them at all). I just made a point in response to a fellow forum member, Grandpa, whose opinion along with everyone else's, I respect. And the point I was making was that doing a parlay card is not in any way something I count on to make money nor do I really expect to win. But the odds being what they are, it is both fun and worth it for me to throw down 20 bucks a week on one to try for that $4000 payday.
                            This pretty much sums up how I feel too.
                            Record (started keeping track as of 11/10/07)
                            NCAAF: 14-9
                            NFL: 7-6
                            NBA: 4-4-2
                            CBB: 10-6-1

                            Comment


                            • #29
                              Like I said 3eb....some people on here just DON'T LIKE parlays. It's all good, start the parlay thread if you want, I'll put one in there. I've hit 2 5 teamers in the last week to the tune of 3800$ and I've lost about 700$ in parlays so I do believe if you put the time in and don't get all your parlays set up around the same games, you can land em now and then...10 teamers are definitely another story but it's still FUN..for some of us. Anyway, I say start a damn parlay thread for people to throw some up, not for people to come in and rip on that style of a bet. I'm sure a few people could hit some sick ones.
                              Great Day To Win

                              MLB 2008 (19-23-1) +3.0 units

                              NBA 08-09 (10-7) + 1.59 units

                              GOY (4-1)

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                              • #30
                                Amen to that Eljugo
                                "The power of accurate observation is frequently called cynicism by those who don't have it." George Bernard Shaw

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