baseball parlay................need help on how to figure please

[dimeplayersonly]

when figuring a baseball parlay consisting of
totals only...(.20 cent line)

100 dollar 4 team baseball parlay
8u
9'o
7'
13

do you use a fixed odd pay-out (4-team 10-1 type) or do you convert each total to a decimal...(.83)

honestly i have always used a fixed odd payout in this case....(probably not a fair price)

i do convert the total to a decimal on mixed parlays ie.

mets -150
over 8 cards

bet x 1.66 x 1.83

thanks in advance

 

[EveryGamblersDream]

I'd convert each total to a decimal.

 

[bucsfan67]

dpo, heres a link to a good parlay calculator if you want to use it, makes it much easier...

I use it to factor my parlays with my local...

gl

parlay calculator

 

[dimeplayersonly]

thanks raiders, buc and egd.....


is that the correct way to calculate the parlay egd???

convert to decimal??

baseball parlay's consisting only of totals....convert to decimal??? or use fixed odd payout based on .10 or .20 line....that is really what i need to know

 

[EveryGamblersDream]

I am no parlay expert since I hate them & only play them on parlay cards locally but converting to decimal makes the most sense.

 

[Woody0]

Yes you are right about using decimals. It is the easiest way to calculate a total payout by multiplying the decimals.

However make sure you know what the book uses. For example if the line is -110 some books use -110 and some 1.91. Since you have the option regarding how you choose to see the odds there might be a few pennies difference. For example -110 returns $190.91 (decimal 1.9090) and 1.91 returns $191 for $100. So in a 4 team parlay at -110 the calculation gives $1328.33 while 1.91 returns $1330.86.

I suspect William Hill uses English odds, e.g. 11/9 for calculation, since I often seem unable to calculate my EXACT payout and I never bother to display this archaic system.

 

[dimeplayersonly]

can somebody clarify this.......

i have always used a fixed-odd payout.....why?? i dunno thats how i was taught....if its not correct i need to know...

 

[Fishhead]

Yes, you convert to a decimal, unless you have a FIT.

A FIT being EXACT money into an exact price.

Example:

Say you have a -120 parlayed to a -200 parlay and you bet $12.

Well, 12 would win you 10 giving you $22 and that $22 parlayed would win you $11 on the -200..........true FITS and no need for decimal.

Thus you would have $33 coming on this parlay compared to 32.9994 if you used decimal.

Using decimal would be 12 x 1.833 x 1.500 = 32.9994

 

[Woody0]

Is it my post needs clarification?

Book A offers fixed odds of -110.

Book B offers fixed odds of of 1.91.

The returns are different.

If you always toggle the odds display to American style you might not realise that the underlying calculations are slightly different.

My apologies if I introduced unnecessary confusion.

 

[dimeplayersonly]

woody0.........no its not you.......its me...lol


on baseball parlays using totals only..i have always used a fixed-odd payout chart....

baseball parlays using total and moneyline....i convert the total to decimal.....


i am taking care of a group of players from another shop....this particular player hit a 4-team baseball parlay using only totals......his guy uses decimals....i use a fixed pay-out......(i will appease him and go with the other guys payout)...........

am i using the wrong chart???? yes or no.....

 

[Fishhead]

Your losing me.......why and how could you use a FIXED parlay payout?

[This message was edited by bucsfan67 on July 04, 2004 at 04:35 PM.]

 

[bucsfan67]

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by FISHHEAD:
Your losing me.......why and how could you use a FIXED parlay payout?

<HR></BLOCKQUOTE>


They are with most locals...

I know my guy doenst adjust totals to be anything but -120....

Just like on foots, all sides are -110....with a pointspread....

not like online where u might get 49ers -3 for (-115), and jets +3 for (-105)...

I assume its the same with dpo, and the shop he is helping....

 

[bucsfan67]

sorry filet-o-fish, i wasnt trying to edit your post, i mistakenly hit the edit, instead of the quote icon....

sorry pal....

 

[dimeplayersonly]

i have seen the light so to speak.....i just had a phone conversation with a man who told me i was using "bush league bookmaking tactics" and should be ashamed of myself....lol

but...

technically i can figure baseball parlays w/totals only, using a "fixed odd payout" since i deal totals at .20cent lines...(a fixed odd selection can be no more than -120)....so by parlaying only totals based on a 20 cent line, payouts from a fixed odd chart can be used.....but its not exactly a fair payout to the player......

like i said i have always converted totals to a decimal when they where parlayed with sides.......but not with totals only....its just the way i have always figured them...but since it has come under question...i will convert to a decimal....sorry for the confusion....

 

[Fishhead]

Good move