Posted:
#1
Since you can only make 1 play/day you are basically playing an open-ended 21-team parlay that spans over a few months. This sounds complex, but is actually rather simple: to figure the odds of hitting ANY parlay(not factoring in money lines, but instead the standard 10% pointspread juice) is 1 divided by (2 to the nth power), with "n" being the number of teams selected. Eg., for a 4-team parlay, n=4. 2 to the 4th is 2x2x2x2, which equals 16. So your odds of hitting a 4-teamer are 1/16, and the house offers you MUCH LESS than 16/1 on your money if you are lucky enough to hit it. Why do you think they love parlay bettors? Because the cut they take out is enormous! But back to the 21-teamer: 1 divided by (2 to the 21st power) is simply 2 times itself 21 times, which is 2,097,152. Do you get back your fair payoff of $2,097,152 if it hits. No. You get $100,00. But, hey, it is a free contest, so who can complain? BTW, the science of math really bores the hell out of me, but I STRICTLY follow and respect probabilities and juice when I do gamble at sports or poker or what have you. Hope that helps. I need a beer now. ||reallyhappy.gif' border=0>
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