Terry`s Tips

moots

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NY Islanders,Minnesota,Columbus and Edmonton are my picks for tonite,,,GL all;) (parlay odds pay 35x)

Alright, let's see how good you are!

Bet made! Good luck to us!!! :)
 
OzExorcist

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Let me ask you this,the first night i went 6-0,,if i put even $5 on each `single` how much am i risking compared to what i would of won,,,i make $30? Risking $30 to get it? How is that better?

In that specific instance? You're right, it's not a better result. But just like poker, we can't be results-oriented (or get carried away with tiny sample sizes) with sports betting.


Be honest: how often do you go 6-0 and get the win there? How many other times do you go 4-2 or 5-1 for a busted parlay, when six single bets would have shown a profit? You get a nice profit on a small investment for going 6-0 in that spot, but does the return really represent value against the actual odds of you going 6-0 and the parlay getting up? That's the thinking.
 
Zorba

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Great idea Zorba,,,i`ll win a couple more times,then make an offer,thx for the imput!:D
My confusion is that I don't know enough about betting on NFL and the parlays are a new bet to me, I know what they are just don't know enough to put cash on them.

[emoji106]
 
cwdignus

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very good post Terry ... keep giving us this help with sports betting
 
moots

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Come on Islanders...don't screw us over!
 
moots

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Oh well...there goes my life savings :musicus:
 
terryk

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In that specific instance? You're right, it's not a better result. But just like poker, we can't be results-oriented (or get carried away with tiny sample sizes) with sports betting.


Be honest: how often do you go 6-0 and get the win there? How many other times do you go 4-2 or 5-1 for a busted parlay, when six single bets would have shown a profit? You get a nice profit on a small investment for going 6-0 in that spot, but does the return really represent value against the actual odds of you going 6-0 and the parlay getting up? That's the thinking.
if i would of lost the last 2 games i go 4-2,i still win my first parlay,,,$90:dancing2:I get what your saying,,,and i get your mind is made up,,,good luck.:)
 
terryk

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Oh well...there goes my life savings :musicus:
LOL,Sry,Moots,,i`ll make it up to you,i promise:cool: (darn bruins) Thurs games look good,,,i will find us 3-4 winners.:rock:
 
terryk

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My confusion is that I don't know enough about betting on NFL and the parlays are a new bet to me, I know what they are just don't know enough to put cash on them.

[emoji106]
Parlays a just multi bets(more than 1 match)i like them because the odds multiply,thus you can really cash in sometimes,,,Big! I`m pretty proficient in picking ties,which can really make a bet sky rocket.$$$ Thanks for your interest,Zorba if you have any more questions,feel free buddy;)
 
Zorba

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I'm a bit of a risk taker and the parlays are what I like about this.

I like that the odds multiply.

:top:
 
terryk

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Ok,Just a little bit of my history for you guys(gals) I`m 48,been sports betting my whole life,,,i`ve won close to half million dollars,overall.(Biggest win was a $3 bet that paid $47,893,,,4 ties and 2 long shots)I don`t like betting a lot of money(i`m pretty cheap)so my preferance are parlay bets(multi),,yes,single bets are better,but too boring for me.I don`t want to bet a $1 to win a $1,,,,my hope is to educate about sports betting and maybe make us all a few dollars along the way,,,,you have my word,i will try my best. terryk:cool:
 
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Wow....$3 to almost 50k is amazing.

Now that we have our losses out of the way, we can start making some money :)
 
OzExorcist

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My confusion is that I don't know enough about betting on NFL and the parlays are a new bet to me, I know what they are just don't know enough to put cash on them.

[emoji106]

Yeah a "parlay" bet is the same thing as what we'd call a multi (betting on more than one thing to happen for your bet to win).

The thing that confused me about them at first is that I assumed you'd get "better" odds the more legs you add, because each leg makes it harder for the overall bet to win. But that's not actually the case.

All you actually get is the result of the bets, plus the profit from each one if it wins, being "reinvested" into the next bet. You don't get any extra on top of that.

Say you bet $5 on a three-leg multi, each leg with odds of 1.91.

$5 x 1.91 = $9.55
$9.55 x 1.91 = $18.24
$18.24 x 1.91 = $34.84

34.84 / 5 = 6.97... which is the exact odds you get if you go to any bookmaker website and plug in a three x 1.91 leg multi. I did it on william hill just now, that's exactly what it gave me.

There are some special types of multis that are exploitable, but we don't really have access to them in Australia, they're usually specific to American bookmakers. The most famous one is the "Wong teaser", it's specific to NFL so if you're not really up with the sport it's difficult to explain but I'll give it a crack if you're interested. Pretty much a moot point anyway though since it's not a bet you or I really have access too (I think Bet365 offers them here, but I haven't checked to see if the prices still stack up to make Wong work).
 
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moots

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LOL,Sry,Moots,,i`ll make it up to you,i promise:cool: (darn bruins) Thurs games look good,,,i will find us 3-4 winners.:rock:

Alright...tonight is the night. I took out a 3rd mortgage on the house and ready to bet it all! :pcguru:
 
terryk

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Alright...tonight is the night. I took out a 3rd mortgage on the house and ready to bet it all! :pcguru:
Sry moots,,,super busy day,:).
 
terryk

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Chicago,Winnipeg,Detroit are my teams for tonight! Hawks need a win,and Vegas finally lost a game,after a long win streak,teams lose a few.Buffalo is horrible,as is Florida. Good Luck All! :dancing2:
 
moots

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I think a few of those games are tomorrow.
 
moots

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Oh sorry..weird time zone issues on 888 I guess. But bet made..thanks!
 

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terryk

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Vegas has killed me this year,,,sry:confused: I`ll be perfect tomm,,,:)
 
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I enjoy making parlay sports bets as well.

Haven't bet on NHL since 1985. Time for another shot?
 
terryk

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I enjoy making parlay sports bets as well.

Haven't bet on NHL since 1985. Time for another shot?
Give it a go,PO! It`s always fun turning $2 into a couple hundo,isn`t it?:D
 
terryk

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Tonite`s picks,here we go! NY Rangers havnt lost to Arizona in 5 yrs,not happening tonite either as the Rangers feast on weak teams.Tampa plays Ottawa after the Sens played an OT game last nite.And finnally Nashville is gonna bounce back tonite to win in LA.So that`s New York,Tampa Bay,and Nashville are my top #3,,,Good luck all!! :ridinghor
 
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Tonite`s picks,here we go! NY Rangers havnt lost to Arizona in 5 yrs,not happening tonite either as the Rangers feast on weak teams.Tampa plays Ottawa after the Sens played an OT game last nite.And finnally Nashville is gonna bounce back tonite to win in LA.So that`s New York,Tampa Bay,and Nashville are my top #3,,,Good luck all!! :ridinghor
Do you bet on any poker room? .... I want to bet too, but I do not understand
how to make the bet and which site is best to make the bet .... can you tell me any?already made some in 888?
 
terryk

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I bet at partypoker,,,,yes,you can bet at 888,,,,Sports wagering can be confusing because of the many different kinds of bets that can be made,but try to keep it simple at first and bet on the sport you know best,be it baseball,hockey,football,tennis,,,,the more informed you are about the sport,the better.:D What sport is your fav?
 
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