Will Vegas take this parlay bet
December 18th, 2014 at 1:22:24 PM
permalink
I have a parlay strategy I would like to try will any of the books in Vegas allow this bet to be placed1. Parlay for
4 way parlay1.
Boys win first half
First half over
Boys win game
Game over
4 way parlay2.
Boys win first half
First half under
Boys win game
Game under
4 way parlay1.
Boys win first half
First half over
Boys win game
Game over
4 way parlay2.
Boys win first half
First half under
Boys win game
Game under
December 18th, 2014 at 1:23:31 PM
permalink
Quote: Chrispy55I have a parlay strategy I would like to try will any of the books in Vegas allow this bet to be placed1. Parlay for
4 way parlay1.
Boys win first half
First half over
Boys win game
Game over
4 way parlay2.
Boys win first half
First half under
Boys win game
Game under
Every sports book will take those bets.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 18th, 2014 at 3:51:36 PM
permalink
Quote: Zcore13Every sports book will take those bets.
ZCore13
I'm not sure about that. Correlated parlays do get scrutinized. It might depend how much you are betting.
At my age, a "Life In Prison" sentence is not much of a deterrent.
December 18th, 2014 at 4:10:20 PM
permalink
If he's asking the question, I'm guessing he's not dropping thousands a game like a regular sports better. If he returns I guess we can find out, but I'd say we are talking $20-$100 per bet.
ZCore13
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 18th, 2014 at 4:23:17 PM
permalink
I planned on 500 a parlay for a grand and my buddy would do the other team. Back testing the entire season shows this is in the money if you do ever game every week
December 18th, 2014 at 4:27:26 PM
permalink
Quote: Chrispy55I have a parlay strategy I would like to try will any of the books in Vegas allow this bet to be placed1. Parlay for
4 way parlay1.
Boys win first half
First half over
Boys win game
Game over
4 way parlay2.
Boys win first half
First half under
Boys win game
Game under
No sports book would take those bets as a parlay. Player edge would be HUGE.
December 18th, 2014 at 4:31:45 PM
permalink
Quote: SOOPOONo sports book would take those bets as a parlay. Player edge would be HUGE.
There is no player edge. What if the Cowboys lose? What if they are trailing st halftime? These two bets are no different than some dude walking up and placing one and another random dude placing the other an hour later.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 18th, 2014 at 4:41:15 PM
permalink
Quote: Zcore13There is no player edge. What if the Cowboys lose? What if they are trailing st halftime? These two bets are no different than some dude walking up and placing one and another random dude placing the other an hour later.
ZCore13
Let me give you a simple example so maybe you can understand......
Would a book have accepted a parlay on 1. Obama wins president 2. Biden wins vice president?
If you do not understand the word 'correlated' I can't help you....
December 18th, 2014 at 5:56:44 PM
permalink
Easy enough to understand: Dog and under---- fav and over.... can have positive situations if the spread is a significant percentage of the total. bet both D&U F&O
College games would be a nice target if your bookie will take them.
Hard to get NFL situations like this.
College games would be a nice target if your bookie will take them.
Hard to get NFL situations like this.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 18th, 2014 at 8:54:10 PM
permalink
No one seems to know if Vegas will take the bet. I will drive up there from Phx saturday and see
December 18th, 2014 at 11:42:15 PM
permalink
Zcore I am shocked by your ignorance on this matter...
December 19th, 2014 at 12:05:20 AM
permalink
Don't carry to much cash in the car for 2 reasons.Quote: Chrispy55No one seems to know if Vegas will take the bet. I will drive up there from Phx saturday and see
A.) you're not going to need it.
B.) Asset forfeiture
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 19th, 2014 at 1:58:53 AM
permalink
They won't take these bets I'm assuming because the bets are edge free individually compared to making three separate bets 2x-4x-8x and require more upfront money bet. Still they make money with the parlay so why even offer if certain bets turn them off.
I am a robot.
December 19th, 2014 at 6:09:04 AM
permalink
Quote: Chrispy55No one seems to know if Vegas will take the bet. I will drive up there from Phx saturday and see
I guess you didnt read my previous answer. Vegas will NOT take the four bet parlay as you outlined. Period.
December 19th, 2014 at 6:24:04 AM
permalink
Quote: sodawaterZcore I am shocked by your ignorance on this matter...
I'm not ignorant on it, we just don't agree that the wagers described are correlated enough for a major Las Vegas book to care on a small wager.
We'll see when he places the bet...
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 19th, 2014 at 6:42:35 AM
permalink
I haven't tried for football before, but I have been denied a parlay for baseball first five innings and full game - both for over/under and ML.
December 19th, 2014 at 6:53:59 AM
permalink
I think bets like that on College football get denied much easier. Also, I think a two team correlated parlay for a large amount would get scrutinized more than small 4 teamers.
ZCore13
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 19th, 2014 at 8:10:33 AM
permalink
In my situation it was only $10, and the computer that the teller was punching the line numbers into prohibited the play, so I don't think the amount of the wager ever matters.
December 19th, 2014 at 8:41:36 AM
permalink
Thanks folks for your feedback I will let you know what happens. One question are there some books in Vegas that are more liberal than others with these bets are all of them governed by the same rules
December 19th, 2014 at 8:44:52 AM
permalink
Quote: wudgedIn my situation it was only $10, and the computer that the teller was punching the line numbers into prohibited the play, so I don't think the amount of the wager ever matters.
That's crazy to me. That's like if I backed off a blackjack player spreading $2-$20. Silliness.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 19th, 2014 at 8:49:59 AM
permalink
The size of the wager doesn't matter. The books won't accept any bets they consider to be correlated. If they had a policy of accepting correlated bets for small amounts, but not large ones, we'd all be over there placing the same small correlated bet over and over as many times as we could.
December 19th, 2014 at 12:31:20 PM
permalink
Quote: Chrispy55Thanks folks for your feedback I will let you know what happens. One question are there some books in Vegas that are more liberal than others with these bets are all of them governed by the same rules
My guess is that if you're denied at one property you will be denied at another owned by the same corporation. So go downtown or, if you're willing to walk a bit, have a set route through the strip starting at Cosmo or Bellagio going north.
Please get back to us with what you find and where you find it.
Its - Possessive; It's - "It is" / "It has"; There - Location; Their - Possessive; They're - "They are"
December 19th, 2014 at 5:13:37 PM
permalink
I think I will drive over to Laughlin in the morning it's a bit closer
December 19th, 2014 at 6:08:14 PM
permalink
Haven't been in Vegas lately (j/k, haven't been there ever), but if there are bookies there which will take a parlay like this I'm off on a plane in a split second :)
There is absolutely no way a house calling themselves a bookie will allow such parlay bet(wins first half/wins game is particularly sweet, yum-yum :) ). In my country and also vast majority of online bookies wont allow a parlay of ANY kind of bets with two or more legs from the same event,or will simply offer you THEIR odds for that(for example first half/game - no chance you get to parlay the pre-KO odds - they will give you correctly calculated reduced odds:) )
A blatant example(100% correlated) of why they can't allow such parlays is for instance in a soccer game a bettor parlays the draw (moneyline) with total number of goals - even. Assuming the odds include 5 - 15% house edge this will give the punter >50% edge on the draw outcome.
Some North America licensed online bookies still do allow some parlays on bets from the same event and they seem to estimate the level of correlation individually. But the days of making easy money online from NFL and college football are gone. Vegas locals may still take a cor-parlay here and there, but even they won't take the 4 bet parlay as outlined.
There is absolutely no way a house calling themselves a bookie will allow such parlay bet(wins first half/wins game is particularly sweet, yum-yum :) ). In my country and also vast majority of online bookies wont allow a parlay of ANY kind of bets with two or more legs from the same event,or will simply offer you THEIR odds for that(for example first half/game - no chance you get to parlay the pre-KO odds - they will give you correctly calculated reduced odds:) )
A blatant example(100% correlated) of why they can't allow such parlays is for instance in a soccer game a bettor parlays the draw (moneyline) with total number of goals - even. Assuming the odds include 5 - 15% house edge this will give the punter >50% edge on the draw outcome.
Some North America licensed online bookies still do allow some parlays on bets from the same event and they seem to estimate the level of correlation individually. But the days of making easy money online from NFL and college football are gone. Vegas locals may still take a cor-parlay here and there, but even they won't take the 4 bet parlay as outlined.
Tits are good, but the most important thing is the soul.
December 20th, 2014 at 1:20:12 AM
permalink
Stop in the Pioneer and look for a guy playing Video blackjack, he will be the one losing all his big bets along with ripped up hockey bets tickets on the floor.Quote: Chrispy55I think I will drive over to Laughlin in the morning it's a bit closer
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 21st, 2014 at 1:44:19 PM
permalink
Wouldn't take the bet
December 21st, 2014 at 2:52:21 PM
permalink
SERIOUSLY, you tried?Quote: Chrispy55Wouldn't take the bet
You didn't get the message?
I know you probably though you were the first to come up with this. Unfortunately its hard to come up with a new system that hasn't been tried.
Especially this, its to obviously correlated.
Zcore might book it.
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 21st, 2014 at 3:14:58 PM
permalink
Quote: AxelWolfSERIOUSLY, you tried?
Zcore might book it.
All day long if I owned a book. Then make sure I get enough wagers on the other side to offset it if I need to. If I offerred lines, I'd be happy to take your money any way you want to give it to me.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 21st, 2014 at 3:20:18 PM
permalink
So i can bet both sides of a correlated parlay?Quote: Zcore13All day long if I owned a book. Then make sure I get enough wagers on the other side to offset it if I need to. If I offerred lines, I'd be happy to take your money any way you want to give it to me.
ZCore13
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 21st, 2014 at 3:24:25 PM
permalink
There's not only 2 sides to a 4 team parlay. Our friend the OP probably would have lost $1,000 if he had been allowed to place the wagers he wanted.
ZCore13
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 21st, 2014 at 3:31:10 PM
permalink
Is that because of that particular game went the other way? If that's the case thats just bad luck, anything can happen.Quote: Zcore13There's not only 2 sides to a 4 team parlay. Our friend the OP probably would have lost $1,000 if he had been allowed to place the wagers he wanted.
ZCore13
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 21st, 2014 at 3:34:21 PM
permalink
Quote: AxelWolfIs that because of that particular game went the other way? If that's the case thats just bad luck, anything can happen.
The game in question is still being played. Cowboys winning 35-0 at the start of the 4th quarter.
December 21st, 2014 at 3:34:40 PM
permalink
Quote: AxelWolfIs that because of that particular game went the other way? If that's the case thats just bad luck, anything can happen.
Exactly. That's why it's the sports books job to adjust the line to get the same amount (or close) bet on both sides. You are not betting against the book. You're betting against other better and the book takes a piece for their themselves
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 21st, 2014 at 3:35:51 PM
permalink
Quote: KeeneoneThe game in question is still being played. Cowboys winning 35-0 at the start of the 4th quarter.
I think the total will have to be over 54 for him to have won.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 21st, 2014 at 4:30:15 PM
permalink
So, unless the lines were really skewed where he attempted to go, this is how I think his wagers went:
Cowboys win first half
First half points Over
Cowboys win game
Game total Under.
Result -$1,000.
ZCore13
Cowboys win first half
First half points Over
Cowboys win game
Game total Under.
Result -$1,000.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 21st, 2014 at 5:54:45 PM
permalink
Quote: Zcore13Exactly. That's why it's the sports books job to adjust the line to get the same amount (or close) bet on both sides. You are not betting against the book. You're betting against other better and the book takes a piece for their themselves
ZCore13
This is no longer true. Most Vegas books don't try to equalize action. They take positions on games, usually they have very strong interests as to which way the game goes. In the end they hope the vig takes care of them.
December 21st, 2014 at 6:00:47 PM
permalink
call back Zcore and bet bet 2nd half under at half time.Quote: Zcore13So, unless the lines were really skewed where he attempted to go, this is how I think his wagers went:
Cowboys win first half
First half points Over
Cowboys win game
Game total Under.
Result -$1,000.
ZCore13
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 21st, 2014 at 6:32:31 PM
permalink
ZCore would you have allowed a parlay of Cowboys -3 and Cowboys ML?
December 21st, 2014 at 6:36:08 PM
permalink
Quote: wudgedZCore would you have allowed a parlay of Cowboys -3 and Cowboys ML?
I have to say, in my few years on this board, the fact that someone who works in the casino industry, intimately involved in gambling, does not understand why the proposed correlated parlays are HUGE player advantage bets, is one of the most surprising things for me to experience on these forums......
wudged just gives another simple example......
December 21st, 2014 at 6:51:08 PM
permalink
I wonder -- would the computer allow someone to make a parlay that is impossible to win?
December 21st, 2014 at 7:07:51 PM
permalink
Quote: SOOPOOI have to say, in my few years on this board, the fact that someone who works in the casino industry, intimately involved in gambling, does not understand why the proposed correlated parlays are HUGE player advantage bets, is one of the most surprising things for me to experience on these forums......
wudged just gives another simple example......
I'm a table games guy. My opinion on how I would handle it is the same as yours... an opinion.
Lots of table games people think differently than I do on table games stuff. I don't sweat the money. I let my procedures and limits protect my games and don't worry about counters. I let players keep money on dealer errors. It's all how you want to run your business. I'm sure I'd have some safeguards to protect me, but not taking bets is not usually one of them.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 21st, 2014 at 7:35:07 PM
permalink
So you allow counters as long as they are within the betting limits?Quote: Zcore13I'm a table games guy. My opinion on how I would handle it is the same as yours... an opinion.
Lots of table games people think differently than I do on table games stuff. I don't sweat the money. I let my procedures and limits protect my games and don't worry about counters. I let players keep money on dealer errors. It's all how you want to run your business. I'm sure I'd have some safeguards to protect me, but not taking bets is not usually one of them.
ZCore13
What the best game and limits you have?
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 21st, 2014 at 7:45:42 PM
permalink
Book college FB on bets like thisQuote: Zcore13
o/u 50
parlay dog and Under +21
parlay Favorite and Over-21
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
December 21st, 2014 at 10:23:48 PM
permalink
Quote: AxelWolfSo you allow counters as long as they are within the betting limits?
What the best game and limits you have?
I didn't say I would allow it, I just said I don't worry about it. If it's enough that it could hurt me I'd spot it so easily I don't lose a wink of sleep.
No "average gambler" needs limits of $10-$1,000, so I would never provide those. I have other procedures in place that limit the chances of being taken advantage of. My job is to provide the entertainment 99.9% of people want. Not to provide opportunity to the .1% that try and make a living of Blackjack.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 21st, 2014 at 10:31:04 PM
permalink
You can say you're a "table games guy," and that's fine.
But this is pretty simple stuff. I understood correlated parlays when I was in high school.
It's something you should know. You might be a table games guy, but you should still know the basic things about other forms of gambling.
For example, you shouldn't think that slot machines work because little dwarves live inside them setting the reels. You should have a basic knowledge.
But this is pretty simple stuff. I understood correlated parlays when I was in high school.
It's something you should know. You might be a table games guy, but you should still know the basic things about other forms of gambling.
For example, you shouldn't think that slot machines work because little dwarves live inside them setting the reels. You should have a basic knowledge.
December 21st, 2014 at 10:39:38 PM
permalink
Quote: sodawaterYou can say you're a "table games guy," and that's fine.
But this is pretty simple stuff. I understood correlated parlays when I was in high school.
It's something you should know. You might be a table games guy, but you should still know the basic things about other forms of gambling.
For example, you shouldn't think that slot machines work because little dwarves live inside them setting the reels. You should have a basic knowledge.
I didn't say I don't know sports gambling. I said I disagree that the books should have declined the OP's 4 team parlays. And as it turns out, he would have lost then both. I guess I was right.
Two teamers with opposite bets like questioned above, that might be a different story. That is more than just correlated to me.
ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
December 21st, 2014 at 10:44:03 PM
permalink
Quote: Zcore13And as it turns out, he would have lost then both. I guess I was right.
ZCore13
Ok, this is such a silly sentiment.
Would you deal me a hand of blackjack and offer me 100 to 1 if I get a natural? You would be "right" 19 times out of 20.
