RICH OR REKT - The Truth about Parlay and Accumulator bets

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Quote from: virasog on September 04, 2019, 10:19:07 AM

Quote from: krach on March 28, 2017, 02:52:30 AM

https://youtu.be/cOsnzH6xrww
You have probaly heard stories of people hitting massive parlys. While they are possible to hit there is something you need to keep in mind. Most parlays lose. Before you start making 10 20 and 30 team parlays lets take a look at what is happening.

https://degenbet.com/parlay-and-accumlators/

I would say parlay will make you REKT. You already know that it is difficult to win a single bet in gambling and if your win is dependent upon the multiple wins, this is more unlikely to happen.
People sometimes play parlay because the winning percentage in parlay is more as compare to single betting.

Of course, it is since that is how the gambling works giving you a small percentage to win since gambling is designed to make money and the house will always have the edge of it. It might not be good in the long run but chances of winning depend on the type of gambling you are betting which is a skill or luck-based game.

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Quote from: krach on March 28, 2017, 02:52:30 AM

https://youtu.be/cOsnzH6xrww
You have probaly heard stories of people hitting massive parlys. While they are possible to hit there is something you need to keep in mind. Most parlays lose. Before you start making 10 20 and 30 team parlays lets take a look at what is happening.

https://degenbet.com/parlay-and-accumlators/

I would say parlay will make you REKT. You already know that it is difficult to win a single bet in gambling and if your win is dependent upon the multiple wins, this is more unlikely to happen.
People sometimes play parlay because the winning percentage in parlay is more as compare to single betting.

krach

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I would like to get this thread going again with a Parlay and Accumlator FAQ
It answers the main questions that keep coming up regarding parlay bets. Of course you can bet a little to win a lot, but there are a few things that most people overlook.
Read Here: https://degenbet.com/parlay-and-accumulator-faq/

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It is extreme hard to win at a parlay ticket with 3 or more games.
The more games you put on after 2 games the greater the risk that the entire ticket will lose.
Unless the book you are using has a wide selection of options to pick from or prop bets included to be in on the parlay bets you already have placed.

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Didn't mean to promote them but just stating which service offers even lower odds than 2 in a parlay and ask monthly, quarterly, half year or yearly payment for that. Now I am editing that post to remove it. Martingale is not rekt if you have infinite bankroll, using odd 2 once in 50 bets you will one single bet with such odd. It is against mathematics and statistics probability if you don't win any.

I asked which pro bettor with a third party verified record does that. They do not have a third party record. One needs to ask "why does a so called pro bettor that is selling picks not have a third party verified record?" everyone needs to think about that.

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Martingale is not rekt if you have infinite bankroll

MEME MATERIAL RIGHT THERE

HAAHAHHAHAHHAHHAHAHA

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Professional bettors only place single bets near even money. Sometimes they place parlays just for fun using a little something from their profits. Placing accumulator bets on a daily basis is not a winning strategy in the long term in my opinion. I am not a professional bettor but this is what I have noticed other knowledgeable people are doing in regards to successful betting practices.

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Quote from: krach on March 28, 2017, 10:31:23 AM

no you cant promote your service that is not third party verified in my thread, shall I come over an post my truth about parlays video in your thread? Come on

Martingale is rekt

The Martingale strategy is probably invented by the casinos themselves and they're all in it together in promoting it as one of the right and profitable ways to size your bets. Think about it.

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Quote from: shanem on March 28, 2017, 10:37:29 AM

It is already difficult to win a bet. Parlay and accumulator bets are often used in sports. Although they promise great returns, the chance of winning is very slim.
I prefer winning frequently than winning once in a blue moon so I avoid these bets.

Yeah. Winning on each bet is very hard, what more if it is in parlay. You can't cash out if you won on the first bet. It is still the best to bet on seperate bet slip so that you will have a chance to recover the losses once one bet failed. But sometimes i used parlay when i'm choosing 2.0 odds below then i will add a bet with 0.1 odds so that my odds will be increase.

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Quote from: krach on March 28, 2017, 02:52:30 AM

https://youtu.be/cOsnzH6xrww
You have probaly heard stories of people hitting massive parlys. While they are possible to hit there is something you need to keep in mind. Most parlays lose. Before you start making 10 20 and 30 team parlays lets take a look at what is happening.

https://degenbet.com/parlay-and-accumlators/

This is true.Being a person who only play parley bets with winning ratio of 2/30,I can assure you how difficult it gets and how a single goal makes all the difference in the game.
The article certainly seems interesting to me,will give a detailed read once I have access to my computer.

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Quote from: krach on March 28, 2017, 10:31:23 AM

no you cant promote your service that is not third party verified in my thread, shall I come over an post my truth about parlays video in your thread? Come on

Martingale is rekt

Didn't mean to promote them but just stating which service offers even lower odds than 2 in a parlay and ask monthly, quarterly, half year or yearly payment for that. Now I am editing that post to remove it. Martingale is not rekt if you have infinite bankroll, using odd 2 once in 50 bets you will one single bet with such odd. It is against mathematics and statistics probability if you don't win any.

shanem

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It is already difficult to win a bet. Parlay and accumulator bets are often used in sports. Although they promise great returns, the chance of winning is very slim.
I prefer winning frequently than winning once in a blue moon so I avoid these bets.

krach

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no you cant promote your service that is not third party verified in my thread, shall I come over an post my truth about parlays video in your thread? Come on

Martingale is rekt

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Quote from: krach on March 28, 2017, 08:57:57 AM

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martingaling

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professionals

dont do this

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Assuming you play only parlays of odds 2 to 2.5

odds of 2 in a parlay? Why?

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professionals

dont do this

really you are adding so much extra risk for no reason
You can bet a single at 2 or 2.5

People at betadvisor are tracking their 10 leg parlays?
no, and it is not proven that you win one in ten.

10 parlays at 100$ each is not 51100 USD , what are the odds of this 10 leg 2.5 ?

Nothing I have said is not the truth. The truth is most of the time this will get you rekt.

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professionals

dont do this

The most important thing here is people see what is going on when they place a parlay. Then they can make up their own mind.
Any service charging you for a PARLAY of only 2.00 odds makes ZERO sense.

10 parlays starting from 100 for example first one 100, second one 200, third one 400 and so on until 51100 10th one. This is called martingaling the bets.

I am part of a service who charges me 9.99 pounds a month for odds sometimes lower than 2 in a parlay and it is the xxxx (removed for not promoting it here) service website.

I agree with you that this is not needed better to martingale single bets with odds 2-2.5 if you have the guts to do it.

krach

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Quote

martingaling

Quote

professionals

dont do this

Quote

Assuming you play only parlays of odds 2 to 2.5

odds of 2 in a parlay? Why?

Quote

professionals

dont do this

really you are adding so much extra risk for no reason
You can bet a single at 2 or 2.5

People at betadvisor are tracking their 10 leg parlays?
no, and it is not proven that you win one in ten.

10 parlays at 100$ each is not 51100 USD , what are the odds of this 10 leg 2.5 ?

Nothing I have said is not the truth. The truth is most of the time this will get you rekt.

Quote

professionals

dont do this

The most important thing here is people see what is going on when they place a parlay. Then they can make up their own mind.
Any service charging you for a PARLAY of only 2.00 odds makes ZERO sense.

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Quote from: krach on March 28, 2017, 08:24:33 AM

Please show me professional bettors that make 10 leg parlays and have a third party verifed record of them winning these over a period of time.

What is your ROT losing 10 bets and winning your 10 leg parlay?
This is what happens when you hedge every leg in a 10 leg parlay.

When using 100$ bets on 1.90 odds
10 leg 100$ wins 64k
hedge 1000$ = 100$ on each leg
1100$ wins 64k if all in the parlay hit
you need to get 7 out of 10 right to have any profit

For example if you start playing a parlay with 100 USD and then play 10 parlays with martingaling the system. This way you need 51100 USD in total for the 10 bets.
Assuming you play only parlays of odds 2 to 2.5 it is proven that one in 10 parlays especially from professional punters will be hit for sure. If you hit the 10 bet then it is 51100 x 2 with odd parlay you win 102200 USD or 51100 USD pure profit.
Betadvisor is one of these websites where you have all the professional punters verified. This can be done also with a single bet of odds 2 and martingaling until you hit one.

Extremely dangerous yes, but many people have changed their lives from this strategy and many more ruined their lives also following this strategy without guides and websites like Betadvisor.

My personal advice is to not try this at home to anyone here but what I wanted to prove is this can be done only from professionals.

krach

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Please show me professional bettors that make 10 leg parlays and have a third party verifed record of them winning these over a period of time.

What is your ROT losing 10 bets and winning your 10 leg parlay?
This is what happens when you hedge every leg in a 10 leg parlay.

When using 100$ bets on 1.90 odds
10 leg 100$ wins 64k
hedge 1000$ = 100$ on each leg
1100$ wins 64k if all in the parlay hit
you need to get 7 out of 10 right to have any profit

swogerino

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I agree with you 85% but if I find a good punter site which is truly run by professionals I prefer to wait until we hit that 10 leg parlay rather than playing single games every time. It is just a different opinion on the matter. The conclusion is I also believe more parlays are lost than are won but I prefer to hit that 10 leg parlay with bigger odds by hedging all the times. It is a risk I am willing to take because of the higher reward when it will be hit.

krach

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Hi,
"only 85% of the truth" let´s think about this for a second. First of all which part exactly is not the truth? I said that most parlays do not win, and in your example that is also true. If this was not true then you wouldnt need to hedge each leg of a 10 leg parlay which doesnt really help you much anyway.

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before hitting a 10 or 20 games parlay win, this win if bet with the appropriate amount usually martingaling the bet after each loss will result in a huge win

I think you are trying to explain hedging each leg of a 10 or 20 leg parlay. You are now reducing your winnings at each leg. You are better off just making single bets with odds of 1.90 and higher instead of trying to make a 10 leg parlay and hedge all the time. Another truth that is shown is that you do not need to lock up your funds in a parlay. You can simply roll over both the risk and win ammount everytime.

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This is not the real truth. This is about 85% of the truth. The other 15% which usually are professional punters will tell you that no matter if you have a lot of lost parlays before hitting a 10 or 20 games parlay win, this win if bet with the appropriate amount usually martingaling the bet after each loss will result in a huge win. I agree with this truth only up to 85%.
I am just starting out to read a lot of sport betting and I also registered in some premiumtipping service in this forum. I am happy with their result so far.

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Thanks for sharing that video. That is why parlay isn't good because your going all in on every single leg. If you did a single bet you still have a chance to bet with the same amount and cash out the profit you made from your previous win. I only do parlays because of free bets offered from sportsbook or when there's a contest.

Topic: RICH OR REKT - The Truth about Parlay and Accumulator bets (Read 589 times)