<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Journeyman:
What is the % roughly on say 100 parlay cards turned in by the avg Joe Schmo at he corner bar?
How many win out of 100 Fish? <HR></BLOCKQUOTE>
On average, roughly 8-12 cards will be winners and you will hold anywhere from 20-30% on the total take over the long haul.
What is the % roughly on say 100 parlay cards turned in by the avg Joe Schmo at he corner bar?
How many win out of 100 Fish? <HR></BLOCKQUOTE>
On average, roughly 8-12 cards will be winners and you will hold anywhere from 20-30% on the total take over the long haul.
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by Journeyman:
I would have guessed a higher return Fish...thanks for info <HR></BLOCKQUOTE>
Look at it this way JMAN.
If EVERYBODY played the minimum teams which is a 3-team parlay on the card, a 3 teamer has roughly only a 1 in 8 chance of winning.
Divide 100 cards by 8 and you get only 12.5 winning cards per 100...........and that like I said is if EVERYBODY plays only 3 teamers.
You will have others wagering 4-10 teams per card which will lower the 12.5 figure mentioned above.
I would have guessed a higher return Fish...thanks for info <HR></BLOCKQUOTE>
Look at it this way JMAN.
If EVERYBODY played the minimum teams which is a 3-team parlay on the card, a 3 teamer has roughly only a 1 in 8 chance of winning.
Divide 100 cards by 8 and you get only 12.5 winning cards per 100...........and that like I said is if EVERYBODY plays only 3 teamers.
You will have others wagering 4-10 teams per card which will lower the 12.5 figure mentioned above.
With a 4-team minimum, your going to have very very few winning cards per 100.
If EVERYBODY just played the minimum 4 teams, you would not average 7 winning cards per 100 cards.......then factor in all the people betting 5-10 teams and you can see that the bookie is not paying on many cards.
Again, depending on the payoffs, the bookie will hold more than 23% on the total take on these cards over the longhaul.
If EVERYBODY just played the minimum 4 teams, you would not average 7 winning cards per 100 cards.......then factor in all the people betting 5-10 teams and you can see that the bookie is not paying on many cards.
Again, depending on the payoffs, the bookie will hold more than 23% on the total take on these cards over the longhaul.
There is a misconception though that you can get a good line after a major move cause it is still on the card.Then people find out they take that game off the card as well.Example last year I was working and Saturday morning there was a several point move on a Texas Tech game and people came out in droves looking to still bet it on the parlay card but it was taken down already.
