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Hook em! See y'all again in a few hours
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Confirmed the NCAA website says 6:00 https://www.ncaa.com/brackets/baseball/d1/2021/cws
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I was just defining what a parlay is, as it seems some people are confused, while providing examples to hopefully help others understand. My breakdown simply explained it. Regardless of your bet amount on legs 2-6, your investment is only the initial $50, just like it would be if you bet the $50 6-leg parlay. The investment is the same (you don't bet game #2 until game #1 is complete). The beauty of a parlay is it allows you to bet games running at the same time. Of course this increases your variance, but it does not affect your long-term profitability. Again, you're confusing two different things. In the first, you're risking $40 (two separate $20 bets) to win 21.18. In the second (your parlay) you're risking half ($20) to win 26. Risking $40 and risking $20 are not the same thing. If you were to treat the separate bets the same as the parlay, you'd be risking $20 on game 1 @ -2.55, and then risking the payout of 27.84 @-150 to win 46 (really 46.40, but it seems your book rounds to the nearest dollar)
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Egos aside, there are certainly some popular misconceptions being regurgitated in the posts above, likely due to a lack of understanding of how parlay odds are calculated and what they actually mean to the bettor. Before getting into it, though, if sports betting isn't your professional, like Baboobntyme said, treat it as entertainment & just fire way and have fun. While I appreciate the confidence, WhatTheBuck, this simplistic misconception just isn't accurate. In the true definition of a parlay, the odds pay off EXACTLY the same in a parlay as they do in two (or more) straight bets. All parlays (should) truly do is increase the bettor's variance while offering opportunity, with long term results remaining equal. What a parlay allows is a player to bet a second game before the first game is complete (all a parlay does is roll the implied winnings from game 1 into the bet for game 2). Similarly, a "rolling IF" bet allows a player to place a second bet while the first is in play, whereas the parlay is placed on both (or more) games at the outset. While there are plenty of books out there that will take advantage of the recreational bettor (find a better book), there are more that pay out true odds. Parlay payouts will vary depending on the odds given on any included bet, but to provide some examples, let's assume traditional -110 lines. A 2-team parlay (both legs at -110) should pay out 2.6446:1. So if you bet 100 and win the parlay, your payout should be 364.46. This screenshot is from one of the many books I bet at. To explain what I said above--that the parlay pays out EXACTLY the same as two separate bets, assume you did make two separate bets: Bet 100 at -110, win, receive 190.91. Then bet that 190.91 at -110 odds on the second game, win, receive the same 364.46 that you would have in the parlay. The same is true for parlays with more legs. A 3-team parlays (all legs at -110) should pay 5.9579:1. If you bet 100 on the parlay and win, your payout should be 695.79. Just like in the example above, if you bet three separate bets, the net payout is exactly the same as the parlay. The first bet pays out 190.91. Bet 190.91 @ -110 paying out 364.46. Then bet 364.46 @ -110 (to win 331.33), paying out the same 695.79 as the parlay. Likewise, ztejas, your $50 parlay 6-team parlay isn't 6 separate 8 and change. You're betting $50 on the first game (to pay 55.59), then 55.49 @ -220 to pay 80.71, then 80.71 @-400 to pay 100.89, the 100.89 @-640 to pay 116.65, then 116.65 @-840 to pay 130.54, then 130.54 @-600 to pay 152 (you're getting shorted 29 cents on your bet above). In summary, if you're getting worse odds on a parlay payout than you should be, it doesn't make parlays a sucker bet. You're just a sucker for betting at that book who gives you bad odds. Hope that explains parlays a little better.
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I realize I'm a couple of weeks late to this discussion, but I figured I could offer my expertise to clear a few things up (for those that don't know I've been filing my taxes as a professional gambler for 15 years now).
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The most reliable offshore book for American players has to be Bookmaker.eu. Betonline.ag is also a reliable option for withdrawals.
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With the combination of COVID-19 crippling live poker, the GG online World Series going on, and the upcoming WCOOP series on PokerStars, the bigger names are starting to roll into town here in Mexico. The infamous Shaun Deeb is staying with me for the next month and, say what you want about his untethered opinions, his penchant for finding drama, or his lack of Twitter punctuation, the guy's got some great poker stories.
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R means rebuy, R/A means Rebuy & Add-on. The rebuys obviously build bigger prize pools. The optional "Add-on" is done after a certain number of levels have been played, usually 10-15, when the rebuy period ends. It looks like the daily schedule is being tweaked right now, trying to find the perfect balance, but for the most part this is the standard daily schedule. There are daily freerolls that aren't on it, and Sunday has a 500 rebuy, 300K gtd. Tuesday has a 1K, 1 rebuy, no add-on with 250K gtd.
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I agree. He's definitely got some loose screws and displays a significant amount of underlying crazy sometimes. There are plenty of people in the poker world who are happy to prey on his bipolar weakness. I'd rather he stay on his meds.
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Hahaha. No pro bettor gives away or sells his picks. Literally zero props selling picks on Twitter, online, on late night TV ads--ZERO, are worth a shit. If they were winning on their own, they wouldn't offer their picks to the public. Either they're complete frauds (some of whom are clueless, but good salesmen), or, more likely, they used to be winning bettors who either got lazy with their modeling, or just haven't been able to keep up with the evolution of the industry. Things move fast, edges are small, and good outs are top secret. Besides, by the time I've placed a bet, I've moved the line worldwide, so unless you've got a local PPH with static lines (if so, please let me know hahaha), following me would result in neutral-EV bets at best.
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That said, pretty awful play on his part.
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He's not a piece of shit. He's just incredibly insecure, bad at NLH, and mentally unstable to the point where he thinks the world is against him every time he loses a flip. Away from the table he's a genuinely nice guy. Even on the table he's a nice guy. People know he's fragile and yet still slow-roll him. I think that tells you more about those people than it does about him.
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You're never folding, and just calling is atrocious. The question is, do you think he's capable of ripping over your raise with just a 5, blind to the backdoor flush because he's got the wheel? Do you think he's capable of ripping over your raise with a flush that includes a 3 since he backdoored it? Honestly if K5cc is in your range, every club combo from Q3cc down is in his. Raising is the definite play, and never folding to a jam is correct when you're playing with 100bb effective stacks. The only issue here, really, is that you're playing roughly 185bb deep. That said, if he's bad enough to limp a suited ace, and then to both minbet it on the flop and again on the turn with top pair and a flush draw, he can have my 185bb if I got cold decked and he 3bet jams.
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