"If" bet better than parlay? - Part 2

Both parts of an "if" bet will payout at the full regular 10 to 11 of a straight bet. A 2 team parlay will pay slightly less. e.g.: $100 2 team parlay pays out at 13 to 5 which means a winner wins $260. The first bet on a $100 if bet will win $90.90. Then if on the 2nd part you parlay your win and bet $190.90 the 2nd part will win $173.53. Add the $173.53 of the 2nd part to the $90.90 win of the first part and you have won $264.43. $4.43 more than on a 2 team parlay. It's paying about 2% more. Isn't this correct? I haven't calculated it yet but I'm guessing that you lose a few more percentage points on a 3 or 4 team parlay but I'm not sure if you can make a 3 or 4 team "if" bet. Right? Thanks

Quote: lilredrooster

Both parts of an "if" bet will payout at the full regular 10 to 11 of a straight bet. A 2 team parlay will pay slightly less. e.g.: $100 2 team parlay pays out at 13 to 5 which means a winner wins $260. The first bet on a $100 if bet will win $90.90. Then if on the 2nd part you parlay your win and bet $190.90 the 2nd part will win $173.53. Add the $173.53 of the 2nd part to the $90.90 win of the first part and you have won $264.43. $4.43 more than on a 2 team parlay. It's paying about 2% more. Isn't this correct? I haven't calculated it yet but I'm guessing that you lose a few more percentage points on a 3 or 4 team parlay but I'm not sure if you can make a 3 or 4 team "if" bet. Right? Thanks

Assuming you could, a 3 teamer would pay worse than usual and a 4 teamer would pay better than usual.

Quote: lilredrooster

Isn't this correct?

Yes, two team parlays that pay out +260 are rarely ever good bets. But. . .

Quote:

I haven't calculated it yet but I'm guessing that you lose a few more percentage points on a 3 or 4 team parlay but I'm not sure if you can make a 3 or 4 team "if" bet. Right? Thanks

Try doing the calculations and you will see three teams at +600 is a little better than the "if" bet scenario you describe above



Or you can just use parlays that use something other than -110 lines and you'll be given the mathematical payout