1/26 - Longshot Parlays ($500 to win $100,000)

the1trugr81 - I appreciate the kind words.  I've been gambling (in some form or another) for decades.  Experienced mighty highs (six figure wins) and mighty lows.  After some time I became disenfranchised with the stress associated with straight bets against spreads.  Who really wants the stress of getting .90 back on the dollar, and days where you can lose across the board and be out 7+ units?  I have a mathematics background and decided to step back and search for a "better way" (pun intended).  I discovered the one (and only) circumstance where I believe the odds swing back in your favor.  I started realizing I was onto something when the following happened:

This is great stuff. Thank you for sharing.

Unfortunately baseball doesn't work as the dogs are priced at an average of +180 - +200 and it's hard to extract value from those odds in a parlay. To get to the +300 and above (which is the absolute floor) you'd have to take underdog run lines (-1.5) and that's a recipe for disaster. Football also doesn't hit at the rate of basketball either for the most part, so best bet is to stick with hoops. 

Will you post your NBA picks here or do you have a thread on the NBA page or?

P-Picker, please don't apologize for your thorough answer to a short question.. Your experience with your system is really fascinating and I am beyond intrigued lol thanks again for sharing. 

I think there is great potential here and am defintely gonna to take a good look at it tomorrow. I have been playing what I call "tweeners." Basically taking the dog on the spread and the favorite ml. They usually are around the +5..+7 lines. If it hits right in between, which happens a ton, you profit. The problem lies in the dog winning out right, crushing any profits on the money line. Long term it doesn't work, just short term runs. Love your idea and can't wait to see how this unfolds. Cheers!

Appreciate all the feedback fellas. To answer the question re: NBA picks, I think dual threads may be redundant so I'll just post here. 

I think Green Bay would fit into this nicely today. I was thinking of ML  them in my parlay:

i played this out tonight myself with Dartmouth, Dayton, Wis Mil and Wis GB and hit two of the four which netted me some cash. I wet my beat doing it for $10 and picked up $25 to see how it could go. Worth the fun and not really paying attention to the games, thats for sure. biggest payout on the $10 play was $75 cause WGB was +280. So again, worth a shot.invested 60 and had Dayton come thru, woulda been nice. But a split still netted me a win

@stopthemadness - love the initiative, and congrats on the win! You are starting to "get it" about the a) lowered stress with b) lower risk and c) higher potential payouts. The real net net of all of this is my strategy makes wagering and watching games FUN, which candidly is what this whole thing should be about in the first place. If you're wagering as your primary source of income then you red to go to Check into a program. If you're doing it for fun, then you should enjoy the process. And end the end, this system makes watching games a whole helluva lot more fun. Just think about tomorrow... Let's say based on my above picks for tomorrow (which still aren't final) Georgia Tech misses in the AM. You still have three games left. If all three hit, you throw an orgy. If two hit, you make up to a multiple of your bet. If two out one hit, then cest la vie. BUT, you watched an entire day of games, only risked one or two units, and you got to have fun watching a lot of basketball. 

i was skeptical when first started reading this, but very well done 

 absolutely amazing there's not a single troll on this tread yet 

will you be putting your picks all on this page or are you going to make a new thread when you make new picks?

Catching me right before I head off to bed. I guess for the sake of continuity I could post here... Although megathreads are hard to track (albeit the norm for Covers). Add me as a friend so you can track either way... Will touch base in AM. 

'If all three hit, you throw an orgy."   Such a legendary entrance to the forums 

.Thanks for sharing, look forward to your picks.    

Parlay I love what you have going. I employ the same strategy to a certain degree in the NHL. I bet the ties in a combination on doubles and trebles. You get around +300 per bet and although night to night it can be expensive I have had some massive payouts that cover a month or 2 of the system. I also do not bet it every night as to many games requires to many combinations. Anyway thanks for posting and be sure I'll be playing the exact bets for the next couple weeks. Good luck!!!

What book are u using to get ML odds on games with greater than a 10 pt spread? 

Good morning everyone... and happy Saturday.  Let the games begin.

I have tried to do something along these lines, but my book will only let me do two money line plays in a parlay. Any thoughts on how to handle this?

hey bud - can you please add me as a friend?  Would love to see if we can get an email group or twitter account going with your picks.  I think you are on to something.  Thanks!

@Randall - If you read up in the thread, you will find my diatribe on why books do this.  Its because they don't like to lose, and more than 2 ML in a parlay creates odds that don't favor the house.  I recommend another book, or else you'll never be able to use this system (which is exactly what they are shooting for).

@TeddyZ - Those aren't the leans, they are the picks.  The Backups are the ones that I also considered, but for various reasons didn't play.  As I mentioned, if Georgia Tech loses, I may pull Kansas up and redo it all, but I'll see where we're sitting after the game.