Would you take $10,000 in free single bets or $100,000 in parlay bets ?

Yes another imaginary giveaway  

so how it works 

From just one sportsbook you get $10,000 worth of free plays ranging from a minimum of $100 to a max of $500 per play

Max number of bets 10 per day, stakes are not included in the return. The bets can be spreads, moneylines, totals, props etc .

Plays must be no higher juice than -500,  (so no -2000 ML plays) Most bets will be in the -150 to -110 range I assume 

Also you cannot go against yourself and pick both sides or totals of a game and guarantee a win 
you can however bet both a side and total in the same game but not both sides or totals 

Now the big one     rules a little more complex 

$100,000 in parlays     

Again min play $100 max play $500  you are allowed up to 10 parlay plays per day  That's a potential 1000 free parlay bets at a $100 a pop  

Min number of selections in the parlay is 3, max 20  again the min odds of -500  (so you cant bundle 10  x -10000 ML's together)

You are also only allowed one 3 team parlay per day and 1 x 4 teamer  the rest must be a minimum of 5 teams 

And obviously same rule as the singles, you cannot bet both sides or total of the same game and yes stakes not included in the return 

Interesting to see what everyone picks especially the parlay haters 

should also point out all plays must be for the same day relating to both singles and parlays 

so No futures bets 

some of you guys might try and get quite clever and pick ever team to win the Superbowl over the course of 3 days and be guaranteed money  

Only question that matters:

Are these true odds parlays?

@vanzack

 True odds ? 

from that you mean different to the parlay cards which generally have lower odds 

Yes it would be the odds of each game put together  be it -110 or +120 ML or -180 or whatever 

so 5 teams each at -110 would pay $2435.91 not including the $100 stake obviously

Parlays for sure. The amount of losing tickets will be substantially higher but enough to make up for the 90k additional to wager with. 

@Mark_The_Narc

Oh should have also mentioned that you would have only 150 days to use all these bets 

also no rollover requirement  

you win $10,000 on a parlay or $500 on a single play you can take that money out of your account and still have all the remaining freebets to play with or alternatively leave it be and grow your overall bankroll

I would probably take the 10k.

@bluecompass

I thought I might see a few staunch republicans in here who hate parlays saying they'd rather take the $10K all day long 

My biggest issue is the 150 day requirement.  I nibble at the edges, but mostly I like to wait for a spot I like and then pound it.  Sometimes it's weeks or months between these spots.  Having to make a minimum of 200 parlay bets in 150 days would mean I'd be throwing darts.  At least with the $10k, I have 150 days to find 20 spots that I really like, which is more in line with my style of betting.

@bluecompass

   It's a good style to have no doubt

Low volume, spread over time making sure that you're betting only the best games when the opportunity arises

But I think most of us on the forum are ' high volume ' bettors, so the 150 days (almost a full season in most sports ) wouldn't be a problem especially from October to February

Most sportsbooks have a lower time limit on free bets as well, from what I've encountered anyways 

@I-Got-5-On-It

 Newb question. What’s the different between vegas odds and “true odds”?

@I-Got-5-On-It

Newb question. What’s the different between vegas odds and “true odds”?

Vegas odds are implied by what wagers are made

actually odds are the correct chance of winning. 

When true odds to the perceived betting odds become exaggerated then wager  must be placed.

As example the odds of a red card being the first card without the jokers is 1 in every 2 if the bet becomes 1 to 5 then a 2.00 bet will make 5 on average. Then the implied odds and the true odds work to the gamblers favor. 

Another example if the card to make the nuts is one in 40 with the remaining cards left in Texas holdem  and the bet of 2.00 to see the river on a 200.00 pot then it becomes a must bet. If the odds remain 1 in 40 but the call is 100 in a 200 pot then the bet must be forgone do to the implied odds and actual odds leave the gamblers vulnerable.

I've only had two answers so far 

where is everybody ?  

Everyone stressing about your free bets being Vegas odds, true odds , are stakes included in return and why not  

@Niyu

True odds are used when you bet on a money-line parlay. On these, the implied probability is implied by moneyline itself (+285, or -150, etc), opposed to spread or totals parlays, which odds are balanced by the line (-1.5, etc)

Here’s the couple of resources that go deeper on the difference:

https://www.bettheboardpodcast.com/2017/11/07/true-odds-vs-implied-odds-will-underdogs-ever-win-again/

https://pphsportsbook.net/blog/how-parlay-betting-work-moneyline-payouts-push-key-true-odds

Good luck

@I-Got-5-On-It

Newb question. What’s the different between vegas odds and “true odds”?

Newb question. What’s the different between vegas odds and “true odds”?