lilredrooster
lilredrooster
Joined: May 8, 2015
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May 9th, 2015 at 1:55:01 AM permalink
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
"but I don't care too much for money..........money can't buy me love".............. the Beatles
rudeboyoi
rudeboyoi
Joined: Mar 28, 2010
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May 9th, 2015 at 2:00:24 AM permalink
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.
TomG
TomG
Joined: Sep 26, 2010
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May 9th, 2015 at 11:13:34 AM permalink
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


$100 to win bat $700 on the three team parlay, or $100 to win back $695.79 on the "if" bet

100 / 1.1 + 100 = 190.91
190.91 / 1.1 + 190.91 = 364.46
364.46 / 1.1 + 364.46 = 695.79


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

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