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    All Forums | Gaming Industry - US

    2 team parlay question

    mykedee89
    vinnievibes
    rudie
    Bostoncj
    thorpe
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    mykedee89
    mykedee89
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    Posts: 3
    Posted: Dec. 11, 2014 - 7:02 PM ET #1

    ok im new to whole parlay betting. ive played the parlay cards a lot but just getting into dealing with straight up bets and 2 teamers. my question is how does the 2 teamer payout from a bookie. i know its roughly 2.5. for example if i CALL(never actually put the money up) a bookie and bet 100 on say st louis and over and win both, do i get 250 back or is my 100 that i hadnt actually put up yet in the pot and get taken out of my 250? so by calling in a bet of 100 on a 2 teamer would i get back 150 or 250? its been blowing my mind. ive heard both ways
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    ok im new to whole parlay betting. ive played the parlay cards a lot but just getting into dealing with straight up bets and 2 teamers. my question is how does the 2 teamer payout from a bookie. i know its roughly 2.5. for example if i CALL(never actually put the money up) a bookie and bet 100 on say st louis and over and win both, do i get 250 back or is my 100 that i hadnt actually put up yet in the pot and get taken out of my 250? so by calling in a bet of 100 on a 2 teamer would i get back 150 or 250? its been blowing my mind. ive heard both ways
     
    vinnievibes
    vinnievibes
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    Posted: Dec. 11, 2014 - 7:26 PM ET #2

    Quote Originally Posted by mykedee89:

    ok im new to whole parlay betting. ive played the parlay cards a lot but just getting into dealing with straight up bets and 2 teamers. my question is how does the 2 teamer payout from a bookie. i know its roughly 2.5. for example if i CALL(never actually put the money up) a bookie and bet 100 on say st louis and over and win both, do i get 250 back or is my 100 that i hadnt actually put up yet in the pot and get taken out of my 250? so by calling in a bet of 100 on a 2 teamer would i get back 150 or 250? its been blowing my mind. ive heard both ways
    you get 250
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    Quote Originally Posted by mykedee89:

    ok im new to whole parlay betting. ive played the parlay cards a lot but just getting into dealing with straight up bets and 2 teamers. my question is how does the 2 teamer payout from a bookie. i know its roughly 2.5. for example if i CALL(never actually put the money up) a bookie and bet 100 on say st louis and over and win both, do i get 250 back or is my 100 that i hadnt actually put up yet in the pot and get taken out of my 250? so by calling in a bet of 100 on a 2 teamer would i get back 150 or 250? its been blowing my mind. ive heard both ways
    you get 250
     
    mykedee89
    mykedee89
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    Joined: Dec, 2014
    Posts: 3
    Posted: Dec. 11, 2014 - 7:34 PM ET #3

    even with no money put up to begin with? im getting confused because of the cards. they pay 6/1 on 3 teams. now the odds for 2 teams from what ive found is technically 13/5...

    3 teams...pay 100 get back 600
    2 teams...pay 100 get back 260

    3 teams...bet 100 but not put it up, get back 500
    2 teams...bet 100 but not put it up, get back 150

    thats how i think it should be, the guy ive been betting with is just getting into actually taking bets other than the cards himself. see my confusion


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    even with no money put up to begin with? im getting confused because of the cards. they pay 6/1 on 3 teams. now the odds for 2 teams from what ive found is technically 13/5...

    3 teams...pay 100 get back 600
    2 teams...pay 100 get back 260

    3 teams...bet 100 but not put it up, get back 500
    2 teams...bet 100 but not put it up, get back 150

    thats how i think it should be, the guy ive been betting with is just getting into actually taking bets other than the cards himself. see my confusion


     
    vinnievibes
    vinnievibes
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    Posted: Dec. 11, 2014 - 8:11 PM ET #4

    you're confusing yourself..you don't pay anything up front..if you win, you get 250..if you lose, then you pay up 100
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    you're confusing yourself..you don't pay anything up front..if you win, you get 250..if you lose, then you pay up 100
     
    rudie
    rudie
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    Posts: 958
    Posted: Dec. 11, 2014 - 8:12 PM ET #5

    thank you vinne, i rarely post but i couldnt believe what mykee was saying about the 2 teamers. 
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    thank you vinne, i rarely post but i couldnt believe what mykee was saying about the 2 teamers. 
     
    mykedee89
    mykedee89
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    Posted: Dec. 11, 2014 - 11:07 PM ET #6

    ok thanks, ive just been dealing with the cards where the money is paid up front and that was confusing me.
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    ok thanks, ive just been dealing with the cards where the money is paid up front and that was confusing me.
     
    Bostoncj
    Bostoncj
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    Posts: 239
    Posted: Dec. 13, 2014 - 10:22 PM ET #7

    Most shops give 7-3 so a 30 parlay win both wins 70 a win and a push turns to a straight bet and a push and a loss is a loss
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    Most shops give 7-3 so a 30 parlay win both wins 70 a win and a push turns to a straight bet and a push and a loss is a loss
     
     
    thorpe
    thorpe
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    Posts: 12927
    Posted: Dec. 14, 2014 - 11:36 AM ET #8

    Hi Myke,

    There are three ways you can bet a parlay in US.  

    1)  The parlay card way - these pay out for example "5 for 1".  This means you give them 1 for your bet before hand, and if you win they give you 5 for a profit of 4.

    2)  The bookie way - these pay out "5 to 1".  That means if you lose, you lose 1, but if you win you get the 1 back (if you had to post it up front) and still win 5 for a profit of 5. 

    3)  The legit sportsbook way.  These also payout the same way as #2, but the winning is calculating by multiplying the odds for the original bet.  Let's say you bet two games at +100 each, you would get paid 4 to 1.  

    #1 is the worst.  They try to make their odds look better by stating them "for 1".

    #2 is a little better, but they still have a lot of extra juice.  In the example from 3, you would only get 2.5 to 1.

    If you bet parlays, you really want to be paid #3, because that is the "true odds".

    You can google "parlay calculator" and put your bets in to see what you should get paid.


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    Hi Myke,

    There are three ways you can bet a parlay in US.  

    1)  The parlay card way - these pay out for example "5 for 1".  This means you give them 1 for your bet before hand, and if you win they give you 5 for a profit of 4.

    2)  The bookie way - these pay out "5 to 1".  That means if you lose, you lose 1, but if you win you get the 1 back (if you had to post it up front) and still win 5 for a profit of 5. 

    3)  The legit sportsbook way.  These also payout the same way as #2, but the winning is calculating by multiplying the odds for the original bet.  Let's say you bet two games at +100 each, you would get paid 4 to 1.  

    #1 is the worst.  They try to make their odds look better by stating them "for 1".

    #2 is a little better, but they still have a lot of extra juice.  In the example from 3, you would only get 2.5 to 1.

    If you bet parlays, you really want to be paid #3, because that is the "true odds".

    You can google "parlay calculator" and put your bets in to see what you should get paid.


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