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| | | Parlays Wagering guide and rules
Table of contents
Parlay Betting (also known as Multiples or
Combos)
The Company is proud to offer the most comprehensive
Parlay selection available today. Parlays, also known as Multiples or
Combos, are a very exciting way for the sports betting enthusiast to
WIN VERY LARGE AMOUNTS OF MONEY WITH VERY LIMITED
RISK!.
Simply put, a parlay is a bet of 2 or more teams
(selections) or propositions in no particular order. All teams wagered on
in a parlay must win. If there is a tie, it reverts down to the next
lowest number for payoff. For 2 team parlays, a tie and win becomes a
straight bet payout.
At The Company, you may include up to 12
Selections in your parlays, all sports included. This means that you can
make one parlay card with a combination of all your favorite sports! These
wagers can be placed very easily online or by telephone at The
Company.
Please Note: No parlay bets will be accepted where
individual "selections" are connected. For example, one leg of a parlay is
for Sampras to beat Henman in the 4th round of Wimbledon and the second or
additional part of the parlay is for Sampras to win the overall Wimbledon
title. The match forms part of the overall tournament and is therefore
'connected'. In the same way, you cannot parlay the over of the first half
of a football game with the over of the total game, because the two are
'connected'
Football and Basketball Parlay Payoffs
|
Selections |
Payout Odds |
|
2 |
13 to 5 |
|
3 |
6 to 1 |
|
4 |
11.5 to 1 |
|
5 |
22 to 1 |
|
6 |
40 to 1 |
|
7 |
80 to 1 |
|
8 |
150 to 1 |
|
9 |
300 to 1 |
|
10 |
500 to 1 |
|
11 |
1000 to 1 |
|
12 |
2000 to 1 |
Baseball (moneyline) Parlay
Payoffs
Because of the moneyline used in baseball, there
are no set payoffs for tying a number of teams together in parlays.
Payoffs are determined by a simple formula that changes the moneyline into
a decimal number and combines it with the other lines in the parlay. The
first step is to change the moneyline into a decimal value. Use the chart
below for this purpose.
Values are equivalent to one dollar.
| -1.05 |
= |
.95 |
|
-1.85 |
= |
.54 |
| -1.10 |
= |
.91 |
|
-1.90 |
= |
.53 |
| -1.15 |
= |
.87 |
|
-1.95 |
= |
.51 |
| -1.20 |
= |
.83 |
|
-2.00 |
= |
.50 |
| -1.25 |
= |
.80 |
|
-2.10 |
= |
.48 |
| -1.30 |
= |
.77 |
|
-2.20 |
= |
.45 |
| -1.35 |
= |
.74 |
|
-2.30 |
= |
.43 |
| -1.40 |
= |
.71 |
|
-2.40 |
= |
.42 |
| -1.45 |
= |
.69 |
|
-2.50 |
= |
.40 |
| -1.50 |
= |
.66 |
|
-2.60 |
= |
.38 |
| -1.55 |
= |
.64 |
|
-2.70 |
= |
.37 |
| -1.60 |
= |
.62 |
|
-2.80 |
= |
.36 |
| -1.65 |
= |
.61 |
|
-3.00 |
= |
.33 |
| -1.70 |
= |
.59 |
|
-3.25 |
= |
.31 |
| -1.75 |
= |
.57 |
|
-3.50 |
= |
.29 |
| -1.80 |
= |
.55 |
|
-4.00 |
= |
.25 |
How to Figure Baseball
Parlays
For each price or odds quote on your teams, look at
their respective payoffs (to $1) and always add $1 to these
payoffs.
Multiply your bet times the products of these payoffs
(+$1) for your parlay return.
Example
A Player bet
$50 on the Cardinals (-150) parlayed to the Tigers (-130)
| Bet |
|
Cardinals |
|
Tigers |
|
Return |
| |
|
(-150) |
|
(-130) |
|
|
| $50 |
X |
1.67 |
X |
1.77 |
= |
$147.80 |
|
The return includes the $50
bet.
Use the same method for any number of
teams.
Example
Bet $75 on the Cubs (+120) to the Reds
(-135) to the Mets (Even) for a 3 team parlay
| Bet |
|
Cubs |
|
Reds |
|
Mets |
|
Return |
| |
|
(+120) |
|
(-135) |
|
(Even) |
|
|
| $75 |
X |
2.20 |
X |
1.74 |
X |
2.00 |
= |
$574.20 |
| |
|
(1.00 + 1.20) |
|
(1.00 + .74) |
|
(1.00 + 1.00) |
|
|
The return includes the $75 bet.
Remember to always add $1
to the payoff price to figure all parlays.
Please Note: All
Baseball Side Parlays are "action." Run Line & Total selections
within your parlay will be voided should there be a pitching change.
Round Robin Parlays
The Company is proud to offer
Round Robin parlays. A Round Robin is simply a nickname for parlay
wagering on a group of selections (at least three or more) that are to be
included in a combination of individual parlays. These wagers can be
placed very easily at The Company, online or by telephone.
For
instance, if a player asked for a $100, three-team Round Robin with teams
A, B, and C, he/she is simply requesting a two-team parlay with teams A
and B, another parlay with teams A and C, and another with teams B and C,
for a total of 3 individual parlays, each for $100. The total amount
risked would be $300.
Round Robins get more complex as the number
of teams increases. A four-team Round Robin "by twos" for $100 would mean
that the bettor wants four teams to be included in a combination of
two-team parlays. This would be a total of six individual two-team
parlays, for a total risk of $600. If the request is for a Round Robin "by
threes", it would include a total of four possible combinations, for a
risk of $400.
Example
A player requests a $100 four
team Round Robin "by twos", with teams A, B, C and D. The possible
combinations would be as follows:
Teams AB $100 to win
$260
Teams AC $100 to win $260
Teams AD $100 to win $260
Teams BC
$100 to win $260
Teams BD $100 to win $260
Teams CD $100 to win
$260
If all four teams win, the player wins $1240, while
risking only $600! If one game loses, there is still a profit, even though
three of the parlays would lose. The three winners get back $780, plus the
$100 laid for each parlay, for a total of $1080. After subtracting $300
for the 3 losers, the player profits $480!
Just like in our
standard parlays, selections from every league and sport can be
included!
Please Note: The maximum payoff for any one parlay wager
shall be $50,000, whatever the stake, or theoretical payout displayed
elsewhere on the The Company system.
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