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General Discussion
Sports
TheKid's Parlay Sportsbetting Megathread
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[QUOTE="TheKid84, post: 2148606, member: 41510"] No problem :) I enjoy the encouragement as well as teaching others about it. You've got a lot of questions there, lets start with the easy part; Funds. Bovada in an all inclusive site (Online Poker, Online Casino, Sports Betting, etc.). With that said, I've made a deposit long, long ago to their site, primarily for poker use. Knowing your experience, I'm sure you know how the BR works for online poker. The cool thing with Bovada is that you can use that EXACT same bankroll for the other things Bovada has to offer (Casino, betting, etc). Long story short, if I want to crush the CC members in the freeroll, I can use those winnings to place a sporting bet on the many sporting fields they offer though their website. Or vice versa. I can place a bet on their site, and with those winnings, I can use that profit to donk it off in the CC money added game. Now, lets concentrate on the bet I placed in posting #2. We're looking at Baseball (Major League Baseball specifically). This involved 2 teams in a heads up match in baseball. There are different aspects to that game I can bet on, and the site will give me different odds to bet against. I can bet on if I think a game with go over or under a certain total of Runs Scored in the game. I can bet on a team that I believe will win by a certain total of Runs scored. But what I did in my post #2 was bet on the teams winning straight up, or outright will win the game. The odds are the highest, for this is the most basic and easiest (IMO) way to bet, but they will take that wager. Now, lets get into it a bit more deeper, that funny word you referred to as Parlay (par-lay). This is a combination of many bets, but yet you only wager ONE set amount to get an increased payout. The trick here is, all of the 'legs' in the bet need to happen for you to win your bet. You'd think it would be easy, but honestly it's a bit more difficult to have "all of the moons align properly" and for one to win their parlay bet. So, lets tie everything I just typed together with the given example of my bet for tonight's games. The 5 games (or 'legs' as I have referred to them earlier) that I'm betting are listed above. The -158 and other numbers posted there are the odds in the specific baseball game. The closer that number is to 0 or Even, the more of a coin flip the outcome of the game is. Or better way to put it, it's more of an even baseball game between the skills of the two teams. With the numbers posted in the 5 games I've listed, I've placed a bet for the decent to heavy favored teams to win straight up. All in all, if the Tampa Bay Rays beat the Giants, Tigers beat the Sox, Orioles beat the Mariners, Pirates beat the Rockies, AND the Braves beat the Phillies, my $3 that I wagered in this bet will be given back to me as $23.12, profiting $20.12. Remember, ALL of those games need that outcome, if one team doesn't win that I guessed would, I lose my $3 (lets hope it doesn't happen). How's that explanation? Any other ?'s [/QUOTE]
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