Help for parley calculation?

[Rightbyu]

9 team parlay: already 7 won and 1 tie, and waiting 1 more on monday night. Since tampa bay tie at 3 pt, I just want to find out how much will make for this ticket if I hit it on tomorrow, so I can do some hedge!
Thanks for any help! ( p.s. how much should I hedge? ) :think2:


<TABLE class=fields><TBODY><TR class=ticket-number><TH colSpan=2>Ticket Number: 75839793 - 1 </TH></TR><TR><TD class=left-field>Accepted Date:</TD><TD class="right-field white-box">Oct 04, 2008 05:14 AM - EST</TD></TR><TR><TD>Graded Date:</TD><TD class=white-box>N/A </TD></TR><TR><TD>Wager Type:</TD><TD class=white-box>Parlay(9 team) </TD></TR><TR><TD>Wager Status:</TD><TD class=white-box>Pending </TD></TR><TR><TD>Risk:</TD><TD class=white-box>$20.00 (USD) </TD></TR><TR><TD>To Win Amount:</TD><TD class=white-box>$3,143.28 (USD) </TD></TR><TR><TD>-</TD><TD class=white-box></TD></TR><TR><TD>-</TD><TD class=white-box></TD></TR><TR><TD>-</TD><TD class=white-box></TD></TR><TR><TD>Description:</TD><TD class=white-box>Football NFL - 405 Indianapolis Colts / Houston Texans Over 47 -110 for Game Football NFL - 412 Kansas City Chiefs / Carolina Panthers Under 38½ -110 for Game Football NFL - 413 Washington Redskins +6 -110 for Game Football NFL - 420 New York Giants -7 -110 for Game Football NFL - 421 Tampa Bay Buccaneers +3 Ev for Game Football NFL - 431 Minnesota Vikings / New Orleans Saints Over 46½ -110 for Game Football NCAA - 321 Iowa Hawkeyes +6½ -110 for Game Football NCAA - 374 UCLA Bruins -17 -110 for Game Football NCAA - 392 Tulsa Golden Hurricanes -16½ -110 for Game </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 1</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Total </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Win </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>NFL Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>Indianapolis Colts / Houston Texans 10/5/2008 - (EST)
Over 47 -110 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>Live@ </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 2</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Total </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Win </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>NFL Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>Kansas City Chiefs / Carolina Panthers 10/5/2008 - (EST)
Under 38½ -110 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>@ </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 3</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Spread </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Win </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>NFL Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>Washington Redskins 10/5/2008 - (EST)
+6 -110 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>Live@ </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 4</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Spread </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Win </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>NFL Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>New York Giants 10/5/2008 - (EST)
-7 -110 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>Live@ </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 5</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Spread </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Cancelled </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>NFL Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>Tampa Bay Buccaneers 10/5/2008 - (EST)
+3 +100 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>Live@ </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 6</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Total </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Pending </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>NFL Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>Minnesota Vikings / New Orleans Saints 10/6/2008 - (EST)
Over 46½ -110 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>Live@ </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 7</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Spread </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Win </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>College Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>Iowa Hawkeyes 10/4/2008 - (EST)
+6½ -110 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>Live@ </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 8</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Spread </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Win </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>College Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>UCLA Bruins 10/4/2008 - (EST)
-17 -110 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>@ </TD></TR></TBODY></TABLE>
<TABLE class=fields><TBODY><TR><TH colSpan=2>Item #: 9</TH></TR><TR><TD>Wager Type: </TD><TD class=white-box>Spread </TD></TR><TR><TD>Outcome: </TD><TD class=white-box>Win </TD></TR><TR><TD>Sport / Period: </TD><TD class=white-box>College Football / Game </TD></TR><TR><TD>Line: </TD><TD class=white-box>Tulsa Golden Hurricanes 10/4/2008 - (EST)
-16½ -110 </TD></TR><TR><TD>Pitchers: </TD><TD class=white-box>N/A </TD></TR><TR><TD>-</TD><TD class=white-box>- </TD></TR><TR><TD>* Game Notes: </TD><TD class=white-box>@ </TD></TR></TBODY></TABLE>

 

[slapshot]

You may estimate Parlay Payoffs by following steps (example provided):
Let's say you play the Pirates +150 and the Pirate game over 8 -120 in a two team parlay and you bet $100. Use the following steps to determine your winnings or should we say potential winnings.

• 1. Calculate Parlay Factor for each piece: if the price of the piece is positive - simply add one to get factor, if the price of the piece is negative v calculate reciprocal, multiply by -1, and then add one.
• 1.50 + 1 = 2.50
• -1.20 (take reciprocal or divide one by the negative price) 1/1.20 = 0.83 + 1 = 1.83
• 2. Multiply all factors - then multiply this factor times the bet amount - the result is the payoff (including your bet)
• 2.50 x 1.83 = 4.57 (now multiply this times your bet) x 100 = 457
• $457 is your total return if both pieces win (including your bet amount)
• 3. Subtract your bet from the figure calculated in 2 - Result is your winnings.
• 457 - 100 = 357 Winnings

This will also work for three, four, five,... team parlays, simply follow the steps. Note: This is will provide you with a rough estimate; actual winnings may differ due to rounding.

 

[slapshot]

• In case of tie or no action the parlay will revert to lower level payoff, except in a 2 team parlay where a tie reverts to a straight bet.
• (!) All parlays are based on a true odds format except for parlay cards.

<table class="poChart"><tbody><tr> <td colspan="2">PARLAYS PAYOFFS</td> </tr> <tr> <td>2 Teams</td> <td>2.645</td> </tr> <tr> <td>3 Teams</td> <td>5.958</td> </tr> <tr> <td>4 Teams</td> <td>12.283</td> </tr> <tr> <td>5 Teams</td> <td>24.359</td> </tr> <tr> <td>6 Teams</td> <td>47.413</td> </tr> <tr> <td>7 Teams</td> <td>91.424</td> </tr> <tr> <td>8 Teams</td> <td>175.446</td> </tr> <tr> <td>9 Teams</td> <td>335.852</td> </tr> <tr> <td>10 Teams</td> <td>642.082</td> </tr> <tr> <td>11 Teams</td> <td>1226.701</td> </tr> <tr> <td>12 Teams</td> <td>2342.793</td> </tr> <tr> <td>13 Teams</td> <td>4473.514</td> </tr> <tr> <td>14 Teams</td> <td>8541.254</td> </tr> <tr> <td>15 Teams</td> <td>16306.940</td></tr></tbody></table>

 

[Rightbyu]

thanks bro!

But I try your formula, using 1.909x 8 time x2= 352.75
use 352.75 x$20 -$20 = $7035
but I bet 20 to win only 3143.28 , did I miss something?

 

[slapshot]

what book is this payout does look way off


http://www.jimfeist.com/parlay-calculator.html



20x 175.446=3508.92 8 teams


9 teams 20x 335.852=6717.04

 

[slapshot]

1.909x1.909=3.644x1.909=6.956x1.909=13.280x1.909=25.353x1.909=48.398

x1.909=92.393x1.909=176.379x20=3527.58 -20=3507.58

thats 8

176.379x1.909=336.707x20=6734.15-20=6714.15

:toast:

 

[kidslick]

you got some shitty odds with this book

what book are you playing at ??


If the parlay wins you will probably get back
1,600.

there are a couple of ways to hedge.


you can wait until halftime, hopefully score is 17-14. then play under 2nd half. you are also risking a chance it might 6-3 halftime


you can play under but make sure the under is 47 or 48 (buy points if you can)

I think the total will go up to 47 by midafternoon

pinnacle sports is leaning over right now .......fwiw

http://www.pinnaclesports.com/League/Football/NFL/1/Lines.aspx


how much to hedge

that depends on your situation

me personally I would risk $600 on under 48

enjoy (the last 4 public game went over that why i also think the line might move up )


call up the book and ask them what the expected payout is with a tie.....fwiw

 

[smalltime]

what

thanks bro!

But I try your formula, using 1.909x 8 time x2= 352.75
use 352.75 x$20 -$20 = $7035
but I bet 20 to win only 3143.28 , did I miss something?

doesn't your booking agency calculate your ticket when you turn in your wager? I know all the casinos do Just asking

 

[kidslick]

ope:


what was the name of this shit book

 

[Rightbyu]

:cryingcry

:uzi: hno::sad3:
:Sad Face:



we've got your game ( and your $money ) !


They pay me $2020.00 for this 9 team parlay !




<TABLE class=fields><TBODY><TR class=ticket-number><TH colSpan=2>Ticket Number: 75839793 - 1 </TH></TR><TR><TD class=left-field>Accepted Date:</TD><TD class="right-field white-box">Oct 04, 2008 05:14 AM - EST</TD></TR><TR><TD>Graded Date:</TD><TD class=white-box>October 07, 2008 12:15 AM - EST
</TD></TR><TR><TD>Wager Type:</TD><TD class=white-box>Parlay(9 team) </TD></TR><TR><TD>Wager Status:</TD><TD class=white-box>Won </TD></TR><TR><TD>Risk:</TD><TD class=white-box>$20.00 (USD) </TD></TR><TR><TD>To Win Amount:</TD><TD class=white-box>$3,143.28 (USD) </TD></TR><TR><TD>-</TD><TD class=white-box></TD></TR><TR><TD>Amount Paid:</TD><TD class=white-box>$2,020.00 (USD) :shoot3:
</TD></TR><TR><TD>-</TD><TD class=white-box></TD></TR><TR><TD>Description:</TD><TD class=white-box>Football NFL - 405 Indianapolis Colts / Houston Texans Over 47 -110 for Game Football NFL - 412 Kansas City Chiefs / Carolina Panthers Under 38½ -110 for Game Football NFL - 413 Washington Redskins +6 -110 for Game Football NFL - 420 New York Giants -7 -110 for Game Football NFL - 421 Tampa Bay Buccaneers +3 Ev for Game Football NFL - 431 Minnesota Vikings / New Orleans Saints Over 46½ -110 for Game Football NCAA - 321 Iowa Hawkeyes +6½ -110 for Game Football NCAA - 374 UCLA Bruins -17 -110 for Game Football NCAA - 392 Tulsa Golden Hurricanes -16½ -110 for Game </TD></TR></TBODY></TABLE>​

 

[Pokerfanatic]

Very Nice parlay even though it was cut down in value thats an amazing hit!