KNOW WHAT HDERES WHAT I WOULD DO PROBABLY PLAY THE UNDER FOR 900 BUCK'S IF THE PARLAY HIT'S YOU MAKE LIKE 450 IF THE UNDER HIT'S YOU MAKE LIKE 280..SOMPNE CAN PROBABLY DO THE MATH BETTER BUT I THINK YOU UNDERSTAND WHAT i'M GETTING AT!!!
KNOW WHAT HDERES WHAT I WOULD DO PROBABLY PLAY THE UNDER FOR 900 BUCK'S IF THE PARLAY HIT'S YOU MAKE LIKE 450 IF THE UNDER HIT'S YOU MAKE LIKE 280..SOMPNE CAN PROBABLY DO THE MATH BETTER BUT I THINK YOU UNDERSTAND WHAT i'M GETTING AT!!!
YOU HEDGE THE WAGER CUZ IT'S GARUNTEED MONEY...HE CAN'T LOSE!!!! KNOW WHAT I MEAN?
YOU HEDGE THE WAGER CUZ IT'S GARUNTEED MONEY...HE CAN'T LOSE!!!! KNOW WHAT I MEAN?
WELL PLEASE EXPLAIN TO ME HOW MY ADVICE WAS WRONG? IF THE ODD'S ARE RIGHT THERES NOTHING WRONG WITH HEDGING A 2 TEAM PARLAY..YOU GUY'S IN HERE ...JUS CUZ YOU DON'T LIKE SOMETHING IT'S WRONG...NOW HE LOST ALL HIS MONEY..SO I GUESS THAT WAS THE RIGHT MOVE?????
WELL PLEASE EXPLAIN TO ME HOW MY ADVICE WAS WRONG? IF THE ODD'S ARE RIGHT THERES NOTHING WRONG WITH HEDGING A 2 TEAM PARLAY..YOU GUY'S IN HERE ...JUS CUZ YOU DON'T LIKE SOMETHING IT'S WRONG...NOW HE LOST ALL HIS MONEY..SO I GUESS THAT WAS THE RIGHT MOVE?????
WELL PLEASE EXPLAIN TO ME HOW MY ADVICE WAS WRONG? IF THE ODD'S ARE RIGHT THERES NOTHING WRONG WITH HEDGING A 2 TEAM PARLAY..YOU GUY'S IN HERE ...JUS CUZ YOU DON'T LIKE SOMETHING IT'S WRONG...NOW HE LOST ALL HIS MONEY..SO I GUESS THAT WAS THE RIGHT MOVE?????
WELL PLEASE EXPLAIN TO ME HOW MY ADVICE WAS WRONG? IF THE ODD'S ARE RIGHT THERES NOTHING WRONG WITH HEDGING A 2 TEAM PARLAY..YOU GUY'S IN HERE ...JUS CUZ YOU DON'T LIKE SOMETHING IT'S WRONG...NOW HE LOST ALL HIS MONEY..SO I GUESS THAT WAS THE RIGHT MOVE?????
tHE OUT COME OF THE GAME DETERMINED nothing... mY ADVICE MEANT HE'D GET PAID NO MATTER WHAT THE OUTCOME WAS..AND I'M STILL WAITING FOR YOU TO EXPLAIN HOW GETTING PAID EITHER WAY IS A DUMB MOVE ...
tHE OUT COME OF THE GAME DETERMINED nothing... mY ADVICE MEANT HE'D GET PAID NO MATTER WHAT THE OUTCOME WAS..AND I'M STILL WAITING FOR YOU TO EXPLAIN HOW GETTING PAID EITHER WAY IS A DUMB MOVE ...
He's right though dude...if you're hedging a 2 teamer with that much money and its that important to win SOMETHING, then you shouldn't have bet it for that much, or just placed 2 separate wagers. You've been here since 2005 man, i'm 23 only been wagering for 5 years and even I KNOW not to hedge a parlay like this. Anyway, I was a stat minor, so I'll try to break it down as simple as I can.
In a 2 team parlay, assuming standard odds, you have a 25% chance of winning, without getting into individual matchups. you have a 50/50 chance to win one game, 50/50 chance to win the other. .5x.5 = 25%. Simple enough right? So standard parlay odds are 2.6/1 payouts. To break even, you need to win 27.7% of your parlays:
take a $10 bet...win it 1 time, lose twice, you make 26 and lose 20 = profit.
BUT, hedging means you're cutting your large payout odds on half, or more. Assume you're a 50% capper for argument's sake. 1 of every 2 parlays is automatically going to be dead after game 1. When the game 1 wins, you NEED your odds to stay high or its not even worth the investment.
Look at your own example: Run it 4 times since in theory there are 4 outcomes, using the guy who moronically types in all caps, his scenario of hedging as our base:
Win G1, lose G2 = 391
Win G1, win G2 = $380
Lose G1, win G2 = -600 (since it doesn't matter, G1 loss means parlay dead)
Lose G1, Lose G2 = -600
Thats an overall result of -$429, over 4 outcomes means a NEGATIVE EV man...If this is your strategy you've lost money before you even placed the wager
He's right though dude...if you're hedging a 2 teamer with that much money and its that important to win SOMETHING, then you shouldn't have bet it for that much, or just placed 2 separate wagers. You've been here since 2005 man, i'm 23 only been wagering for 5 years and even I KNOW not to hedge a parlay like this. Anyway, I was a stat minor, so I'll try to break it down as simple as I can.
In a 2 team parlay, assuming standard odds, you have a 25% chance of winning, without getting into individual matchups. you have a 50/50 chance to win one game, 50/50 chance to win the other. .5x.5 = 25%. Simple enough right? So standard parlay odds are 2.6/1 payouts. To break even, you need to win 27.7% of your parlays:
take a $10 bet...win it 1 time, lose twice, you make 26 and lose 20 = profit.
BUT, hedging means you're cutting your large payout odds on half, or more. Assume you're a 50% capper for argument's sake. 1 of every 2 parlays is automatically going to be dead after game 1. When the game 1 wins, you NEED your odds to stay high or its not even worth the investment.
Look at your own example: Run it 4 times since in theory there are 4 outcomes, using the guy who moronically types in all caps, his scenario of hedging as our base:
Win G1, lose G2 = 391
Win G1, win G2 = $380
Lose G1, win G2 = -600 (since it doesn't matter, G1 loss means parlay dead)
Lose G1, Lose G2 = -600
Thats an overall result of -$429, over 4 outcomes means a NEGATIVE EV man...If this is your strategy you've lost money before you even placed the wager
tHE OUT COME OF THE GAME DETERMINED nothing... mY ADVICE MEANT HE'D GET PAID NO MATTER WHAT THE OUTCOME WAS..AND I'M STILL WAITING FOR YOU TO EXPLAIN HOW GETTING PAID EITHER WAY IS A DUMB MOVE ...
tHE OUT COME OF THE GAME DETERMINED nothing... mY ADVICE MEANT HE'D GET PAID NO MATTER WHAT THE OUTCOME WAS..AND I'M STILL WAITING FOR YOU TO EXPLAIN HOW GETTING PAID EITHER WAY IS A DUMB MOVE ...
He's right though dude...if you're hedging a 2 teamer with that much money and its that important to win SOMETHING, then you shouldn't have bet it for that much, or just placed 2 separate wagers. You've been here since 2005 man, i'm 23 only been wagering for 5 years and even I KNOW not to hedge a parlay like this. Anyway, I was a stat minor, so I'll try to break it down as simple as I can.
In a 2 team parlay, assuming standard odds, you have a 25% chance of winning, without getting into individual matchups. you have a 50/50 chance to win one game, 50/50 chance to win the other. .5x.5 = 25%. Simple enough right? So standard parlay odds are 2.6/1 payouts. To break even, you need to win 27.7% of your parlays:
take a $10 bet...win it 1 time, lose twice, you make 26 and lose 20 = profit.
BUT, hedging means you're cutting your large payout odds on half, or more. Assume you're a 50% capper for argument's sake. 1 of every 2 parlays is automatically going to be dead after game 1. When the game 1 wins, you NEED your odds to stay high or its not even worth the investment.
Look at your own example: Run it 4 times since in theory there are 4 outcomes, using the guy who moronically types in all caps, his scenario of hedging as our base:
Win G1, lose G2 = 391
Win G1, win G2 = $380
Lose G1, win G2 = -600 (since it doesn't matter, G1 loss means parlay dead)
Lose G1, Lose G2 = -600
Thats an overall result of -$429, over 4 outcomes means a NEGATIVE EV man...If this is your strategy you've lost money before you even placed the wager
He's right though dude...if you're hedging a 2 teamer with that much money and its that important to win SOMETHING, then you shouldn't have bet it for that much, or just placed 2 separate wagers. You've been here since 2005 man, i'm 23 only been wagering for 5 years and even I KNOW not to hedge a parlay like this. Anyway, I was a stat minor, so I'll try to break it down as simple as I can.
In a 2 team parlay, assuming standard odds, you have a 25% chance of winning, without getting into individual matchups. you have a 50/50 chance to win one game, 50/50 chance to win the other. .5x.5 = 25%. Simple enough right? So standard parlay odds are 2.6/1 payouts. To break even, you need to win 27.7% of your parlays:
take a $10 bet...win it 1 time, lose twice, you make 26 and lose 20 = profit.
BUT, hedging means you're cutting your large payout odds on half, or more. Assume you're a 50% capper for argument's sake. 1 of every 2 parlays is automatically going to be dead after game 1. When the game 1 wins, you NEED your odds to stay high or its not even worth the investment.
Look at your own example: Run it 4 times since in theory there are 4 outcomes, using the guy who moronically types in all caps, his scenario of hedging as our base:
Win G1, lose G2 = 391
Win G1, win G2 = $380
Lose G1, win G2 = -600 (since it doesn't matter, G1 loss means parlay dead)
Lose G1, Lose G2 = -600
Thats an overall result of -$429, over 4 outcomes means a NEGATIVE EV man...If this is your strategy you've lost money before you even placed the wager
OMG THE PROBLEM WITH BOTH OF YOU DUMBASS'S IS THAT YOUR NOT UNDERSTANDING THAT HE WON THE SF GAME AT 4PM THIS AFTERNOON SO WE ALREADY KNOW THAT PART OF THE PARLAY IS WON.....JESUS CHRIST!!!
OMG THE PROBLEM WITH BOTH OF YOU DUMBASS'S IS THAT YOUR NOT UNDERSTANDING THAT HE WON THE SF GAME AT 4PM THIS AFTERNOON SO WE ALREADY KNOW THAT PART OF THE PARLAY IS WON.....JESUS CHRIST!!!
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