Half Point Parlay
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Let's say that you placed a three-team parlay on the Falcons, Cowboys, and Packers covering their respective point spreads in their match ups. Typically, a three team parlay will pay out at 6/1. If all three of these teams cover the point spread, then the bet would be won. For every $100 wagered on this parlay, a $600 profit is made. ♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪.
Can someone please confirm to me they don't want parlay action in these small amounts if and after they look at the picks? None of this makes sense to us, the general public and past customers of said city.
To get the parlay odds for our three-leg wager we now need to multiply these odds together. 3.00 x 3.50 x 1.63 = 17.12. To discover what the American odds for this parlay would be we need to convert it back by multiplying by 100 and then subtracting 100. The half a point will ensure that there is never a tie in these bets, meaning there will never be a “push”. A push means the bet is a draw and it is not profitable for the oddsmakers or betters. Which Experts Provide Profitable NFL Picks? For example let’s say you want to bet Patriots -7, Packers -3, Rams -3, and Saints +3 in a parlay all four teams would have to cover the spread for you to win your parlay wager. However, the good news is that your returns from a $100 wager would be around $1,200 if each leg is the standard odds around -110.
You already know I feel this way. I've had cards rejected lots of times to prove it. Mission heads back home today. Hopefully he'll tell the story of his cards being ripped in half at the Fremont after he gets back, so you'll get it first hand.
The attitude of the casinos on everything is they want an advantage on every bet. They know that for the average person, betting the teams he likes, parlay and teaser cards carry a huge house edge, so bring 'em on. However, what I've been writing about is no secret, so they do not like cards where every pick is at least a half point in the player's favor. From an unknown face they will accept one or two anyway. I thought they would accept the ones I gave Mission because they were only for $20 or $25 each, or at least let him put in some.
Why you sometimes get away with it and sometimes you don't is still something I'm feeling out. Much like card counting, sometimes you can do it all day, and sometimes a guy in a suit shows up after ten minutes.
Yesterday, I included Buffalo +3.5 on every ticket. The closing number on this game was Buffalo pk or -1. I also used teams where I was able to get an extra half point from a key number. But right now, I don't have a clear strategy for filling out the tickets.
You already know I feel this way. I've had cards rejected lots of times to prove it. Mission heads back home today. Hopefully he'll tell the story of his cards being ripped in half at the Fremont after he gets back, so you'll get it first hand.
The attitude of the casinos on everything is they want an advantage on every bet. They know that for the average person, betting the teams he likes, parlay and teaser cards carry a huge house edge, so bring 'em on. However, what I've been writing about is no secret, so they do not like cards where every pick is at least a half point in the player's favor. From an unknown face they will accept one or two anyway. I thought they would accept the ones I gave Mission because they were only for $20 or $25 each, or at least let him put in some.
Why you sometimes get away with it and sometimes you don't is still something I'm feeling out. Much like card counting, sometimes you can do it all day, and sometimes a guy in a suit shows up after ten minutes.
What kind of gets me in this day and age, with technology, is why they print up these cards once on Thursday and then just never reprint them. Why not do a fresh batch on an as-needed basis if a key line moves?
You would still have the problem of 'hot' sides where the board line was an integer (especially a 3 or a 7). Why do they bother with these 'half-point' cards anyway? Why not just use the board lines and treat any pushes as if that game weren't on the card?
Seems like a weird bet to offer, when it's so easy to get an edge that they have to resort to tearing cards in half and yelling at people to get out.
Seems like a weird bet to offer, when it's so easy to get an edge that they have to resort to tearing cards in half and yelling at people to get out.
I'm guessing they offer the cards for the same reason they still offer countable blackjack or positive VP, to the extent that they still do. The existence of beatable games has a word-of-mouth marketing benefit. Lots of people hear that blackjack, VP or parlay cards are a good bet. Fortunately for the casino, most people ignore the details so they continue to play these games in a way that gives the casino a huge edge. For the few smart enough to play at an advantage the casino can always ban them.
It's a shady side of the casino business for sure, but consider the alternative. If casinos were legally forced to accept any bet from anyone then they would probably stop (intentionally) offering games where a player advantage is possible. As it is, smart bettors keeping a low profile can take advantage, financed by the vastly greater number of suckers who willingly give up a huge house edge.
Administrator
What kind of gets me in this day and age, with technology, is why they print up these cards once on Thursday and then just never reprint them. Why not do a fresh batch on an as-needed basis if a key line moves?
Half Point Parlay Cards
I'm not sure either, but it may not be simple to print up the cards. Also, people may hoard the old ones. Of course, they could just not accept old ones, but it may lead to customer service problems of a legitimate player who spent a long time filling out the old ones only to have them rebuffed at the window.
This may be a better mathematical than practical solution, but I'd consider making them pay the same was as an off-the-board parlay. So, let's say the fair line on a game was +3 at the time of printing. However it moves to +3.5 the next day. That equates to a fair line change of 21 basis points. So, if the player must normally lay 110, then if he takes +3 on the dog you give him +111, and if he lays -3 on the dog you make him lay -131. Do such a calculation for every pick. They already do it for the off-the-board parlays. It would just be a way to get them in faster. Nothing more annoying than standing behind somebody making a dozen 10-leg off-the-board parlays for $2 each.
So the more you complain about adjusting it to fit current technology, the less edge you will have.
If they adjust the parlay cards daily, or use some form of off-the-board numbers (even with giving every player half points), then there wouldn't be any edge at all. From an AP standpoint, just be happy you can sometimes get in $100 here and there. That's better than not getting in anything at all. And if they change it to get rid of physical cards printed on Wednesday or Thursday, then that edge would be gone.
So the more you complain about adjusting it to fit current technology, the less edge you will have.
Right, I wasn't advocating for this, it was simply a 'huh?' moment; a question hypothetically posed to the casinos themselves.
I've never bet a parlay card myself as I'm not a big sports better and just learned about this edge this football season. I won't be in Vegas until after the NFL season is over, which I'm actually kind of sad about. I would have enjoyed getting a few of these in.
Right, I wasn't advocating for this, it was simply a 'huh?' moment; a question hypothetically posed to the casinos themselves.
I've never bet a parlay card myself as I'm not a big sports better and just learned about this edge this football season. I won't be in Vegas until after the NFL season is over, which I'm actually kind of sad about. I would have enjoyed getting a few of these in.
either way the casinos get their monies worth with the parlay cards,The casino has a better chance of losing if you bet flat or 2 teamers off the board,
If they can encourage people who would normally bet flat or 2 teamers into betting 3 or 4 teamers by chasing perceived advantages in point differentials..they accomplished their goal.
the cards are there to help the novice bettor who may be too intimidated to bet off the board, call out numbers, call out teasers,to quietly make bets on their favorite teams by filling in circles.
the cards encourage people to chase number differentials rather than bet the right side of poorly constructed lines.Allowing perople to dissregard stats and trends and instead go for an extra half point.
Half Point Pub
If the cards werent a good thing for the casino overall...hey could jusr eliminate it. But getting people to bet minimum 3 teamers at a time is huge. And if they can get people to bet 4 teamers...even better.
3 team parlays off the board for example are just a series of let it ride bets....but the games are sometimes going on at the same time. But if you bet sunday morning footbal game, with a sunday 1 pm football gme, with the sunday 5pm football game...all you are doing is letting each win totally ride on the next game.
You cant pull back money...you are letting each win ride onto the next game.
Kind of like the guy at craps that keeps pressing it all they way up.
Administrator
Half Point Parlay Card Delaware
The only difference is the Vikings/Lions game. Boyd gives the Lions 2.5 and the South Point 3.5.Half Point Parlay
At the Rampart I put in two only, based on previous heat, and they were accepted without fuss. At the Suncoast, I put in only four, because that is usually where the cut me off, but this time they said 'no more' at two. So, only four cards in so far. All time low -- by far. I'll try to get some more Suncoast cards in tomorrow.