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3 Game Parlay

2021年3月17日

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A parlay is a single bet that links together two or more individual wagers for a high payout. A 2 team parlay might pay 13/5, a three team parlay might pay 6/1, a four team parlay might pay 10/1, and so forth with the payouts getting higher with more teams or totals selected. For a single bet, 2 to 8 teams or totals can be selected. At the very bottom of the page you’ll find a calculator that you can use to see what your payout would be on any amount for a parlay of up to six teams (note that the odds used for the calculator are “typical” and not adjusted for the 5Dimes Friday Special). Typical Parlay Odds. 2 Team Parlay: 13-5 odds. 3 Team Parlay: 6-1.
*Nfl 3 Game Parlay Payout
*3 Game Parlay Odds
A parlay, accumulator (or acca), combo bet or multi is a single bet that links together two or more individual wagers and is dependent on all of those wagers winning together. The benefit of the parlay is that there are much higher payoffs than placing each individual bet separately, since the difficulty of hitting all of them is much higher. If any of the bets in the parlay lose, the entire parlay loses. If any of the plays in the parlay ties, or ’pushes’, the parlay reverts to a lower number of teams with the odds reducing accordingly.Odds and payout[edit]
Parlay bets are paid out at odds higher than the typical single game bet, but still below the ’true’ odds. For instance, a common 2-team NFL parlay based entirely on the spread generally has a payout of 2.6:1.[citation needed] In reality however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1 (10% expected value for the house). A house may average 20-30% profit on spread parlays compared to perhaps 4.5% profit on individual sports mix parlay bets.
Aside from ’spread’ parlays, another way to parlay is to bet on two or more teams simply winning straight up. In order to calculate the payout of this parlay, one must multiply out the payout for all games. For example, if 3 teams are -385 favorites, a successful parlay on all 3 teams winning would pay out at a ratio of approximately 1/1. This is because (385/485)^3 is approximately 50%.Examples[edit]Typical payouts for up to 10 team parlay bet[edit]
The following is an example of a traditional Las Vegas Parlay Card at William Hill Sports Book, which shows the typical payouts for an up to 10 team parlay bet based on -1.10 prices (amount won is assuming $100 is bet)[citation needed]:NumberOddsAmount wonPayout2 Team Parlay2.6 to 1$260$3603 Team Parlay6 to 1$600$7004 Team Parlay11 to 1$1,100$1,2005 Team Parlay22 to 1$2,200$2,3006 Team Parlay45 to 1$4,500$4,6007 Team Parlay90 to 1$9,000$9,1008 Team Parlay180 to 1$18,000$18,1009 Team Parlay360 to 1$36,000$36,10010 Team Parlay720 to 1$72,000$72,100Profitability of parlays in sports betting[edit]
Many gamblers have mixed feelings as to whether or not parlays are a wise play. The best way to analyze if they are profitable in the long term is by calculating the expected value. The formula for expected value is: E[X] = x1p1 + x2p2 + x3p3…xkpk . Since the probability of all possible events will add up to 1 this can also be looked at as the weighted average of the event. The table below represents odds.[citation needed]
Column 1 = number of individual bets in the parlayNfl 3 Game Parlay Payout
Column 2 = correct odds of winning with 50% chance of winning each individual bet
Column 3 = odds payout of parlay at the sportsbook
Column 4 = correct odds of winning parlay with 55% chance of winning each individual betNumber of individual betsCorrect odds at 50%Odds payout at sportsbookCorrect odds of winning parlay at 55%23 to 12.6 to 12.3 to 137 to 16 to 15.0 to 1415 to 112 to 19.9 to 1531 to 124 to 118.9 to 1663 to 148 to 135.1 to 17127 to 192 to 164.7 to 18255 to 1176 to 1118.4 to 19511 to 1337 to 1216.1 to 1101,023 to 1645 to 1393.8 to 1112,047 to 11,233 to 1716.8 to 1
The table illustrates that if a 55% chance of winning each individual bet were achievable, parlays would be profitable in the long term. Compare the expected value you receive on an individual bet at a typical price of -110 with a 55% chance of winning: ((100/110+1)*.55)-1 = .05 (exactly 5 cents won for every dollar bet on average), multiplied by 11 = .55, to the expected return on the 11 game parlay ((1234/717.8)-1) = .719 (72 cents won for every dollar bet on average). In this case a parlay has a much higher expected value than individual bets with greatly increased variance in outcomes.See also[edit]Retrieved from ’https://en.wikipedia.org/w/index.php?title=Parlay_(gambling)&oldid=989555587’
We had three fantastic games Saturday during NFL Wild Card Weekend and the games only get better Sunday. With three games now on each day, it sets up endless opportunities for bettors. So without further ado, let’s take a look at our top NFL Wild Card parlay prediction for Sunday’s slate.NFL Wild Card Sunday parlay picks and predictions
Odds via BetMGM; access USA TODAY Sports’ betting odds for a full list. Lines last updated 9:25 a.m. ET.Leg 1: Baltimore Ravens at Tennessee Titans (+140)
The Titans enter this game as 3-point home underdogs. That doesn’t make a ton of sense considering Tennessee has already beaten Baltimore this season. While it’s true the Titans have one of the league’s worst pass defenses, the Ravens aren’t the type of team that can expose them in that area.
This is a game in which both teams are going to want to run the ball early and often, but the game will ultimately be decided by which quarterback plays better. Given their recent playoff history, Titans QB Ryan Tannehill inspires more confidence, especially with his arsenal of weapons at receiver.
The Titans aren’t a bad bet on the spread (+3, -105), but the value is here on the money line. Tennesee has a great chance to win this game at home and advance to the second round of the playoffs.
Also see:Ravens at Titans odds, picks and predictionLeg 2: Chicago Bears +11 (-110) at New Orleans Saints
It’s hard to trust Bears QB Mitchell Trubisky much in a playoff game, but the recent history of Saints QB Drew Brees isn’t much better. New Orleans has one of the most talented rosters in the NFL, but their quarterback play over the last month has been less than ideal.
The Bears likely won’t win this game, but as double-digit underdogs on the road with no fans? That seems like a little bit too much. We know Chicago has a great defense and should make things difficult for Brees and Saints head coach Sean Payton.
If the Bears’ offense can score into the low-20s, they should have no problem covering this spread. There is also some backdoor cover potential here for the Bears as they could easily score late and get this within 10 in the final minutes.
Also see:Bears at Saints odds, picks and predictionSpecial NFL Wild Card Weekend Betting Promotion!
Bet $1 on any team’s money line, WIN $100 (in free bets) if ANY NFL team scores a touchdown in the playoffs this weekend. Offer available in CO, IA, IN, NJ, PA, TN and WV. PA residents, don’t miss BetMGM‘s risk-free first-bet offer. MI residents, BetMGM is coming to your state soon — take advantage of early registration promotions!
New customer offer, terms and conditions apply. Place your legal, online sports wagers at BetMGM. Bet now! Leg 3: Cleveland Browns at Pittsburgh Steelers -6.5 (-105)
Despite the Browns being without their head coach and several key players such as OL Joel Bitonio, CB Denzel Ward and DE Olivier Vernon, the Steelers are just 6.5 point favorites in this game. In the first meeting of the season, Pittsburgh dominated from the opening whistle. That game was never a contest and Cleveland was much healthier than they are entering this Wild Card matchup.
Pittsburgh’s defense should dominate in this game and it’s hard to envision Cleveland scoring more than 17 points. For that reason, the Steelers should cover with ease as they will face a defense that can’t stop opposing quarterbacks at all.3 Game Parlay Odds
Also see:Browns at Steelers odds, picks and predictionWILD CARD PARLAY | Bet $100 to earn a profit of $694.55Want action on these NFL games? Sign up and bet at BetMGM. If you’re looking for more sports betting picks and tips, visit SportsbookWire.com. Please gamble responsibly.
Also see:Bet Slippin’ Podcast
Follow @Marcus_Mosher on Twitter. Follow SportsbookWire on Twitter and like us on Facebook.
Gannett may earn revenue from audience referrals to betting services. Newsrooms are independent of this relationship and there is no influence on news coverage.
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Baseball Spread Betting

2021年3月17日

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*Baseball Betting Odds Calculator
*Spread Betting Nfl
Second only to moneyline bets, point spread bets are the next most popular type of sports bet that you can make. Whether you are an expert sharp who crushes the books or you’re a brand-new bettor, point spread bets are most likely going to be a big part of your winning betting strategy. In fact, some successful professional bettors exclusively utilize point spread bets to make up their winning strategy.
Get the latest MLB odds, spreads and betting lines from this week’s games, as well as full coverage of the Major League Baseball from USA TODAY. Online & Vegas sports betting odds & lines, betting news & picks for 2021. Covers the most trusted source of sports betting information since 1995. Sports betting would be easy — or maybe just easier — if all that was required was to correctly pick the winning team. Gambling institutions, sportsbooks and bookies fall back on point spreads to make the process a little more difficult and to create the ultimate wagering challenge.
In this guide, we’re going to walk you through all the details you need to know to understand point spreads, make point spread bets, and hopefully start turning a nice profit with them. We’ll start with some basic information for the novice bettors, including what a point spread bet is, how to make one, how they typically pay out, and the benefits of utilizing this type of bet.
Following that, we’ll get into some basic and advanced strategies of betting point spreads for the more seasoned sports bettors. Regardless of where you fall on the skill scale, you’re hopefully going to get some value from this article.
*Get the latest sports betting odds for NFL, MLB, NBA, NHL, NCAA football and NCAA basketball, including spread, money line and over/under.
*Sports betting has been around since 1000 B.C in China, where betting on animal fights was commonplace. In ancient Rome, one could wager on the Gladiatorial games. The idea of betting on sports is.
If you’re brand new to sports betting or it’s been a really long time, we recommend reading the guide from top to bottom, as the sections will build on information from prior sections. If you’re a seasoned bettor looking for a specific piece of information, you can go right ahead and skip down to the section you need or to the bottom of the page to see the point spread betting strategies.
Without further ado, let’s jump into the world of point spread bets.The Nuts and Bolts of a Point Spread Bet
Before we can talk about how to crush point spread bets, we need to make sure that everyone reading this fully understands exactly what a point spread bet is and how they work. A point spread bet is a wager in which you bet which team is going to outperform their expected performance. The sportsbook will set a line based on how well they think each team will do during the game, and then you choose which team will perform better than that set line. It’s okay. Point spread bets are actually really easy to understand when you see them in practice. Let’s look at an example that should clear everything up. Let’s say that the Jacksonville Jaguars and playing against the Miami Dolphins. Now, the first thing that the sportsbook is going to do is decide who they think is going to win the game and by how many points they think they will win by. Let’s say they decide that they think the Dolphins are going to win the game by 5 or 6 points.
Since they can’t write “5 or 6,” they decide that they think the Dolphins are going to win by 5.5 points. If they think the Dolphins are going to win by 5.5 points, this obviously means that they think the Jaguars are going to lose by 5.5 points. A team can’t win the game by a different number of points than what the other team loses the game by. That should be common sense, but sometimes basic stuff can be confusing when you’re taking in a lot of new information, so we wanted to clarify.
So, the line for this game would look something like this.
*Miami Dolphins -5.5
*Jacksonville Jaguars +5.5
You’ll notice that one of the teams has a plus sign in front of the point spread line, and the other has a minus sign. The plus sign indicates the team that is the underdog (Jaguars), and the minus sign indicates the team that is the favorite (Dolphins). The number after that, as we’ve already pointed out, is by how many points the sportsbook thinks each team is either a favorite or underdog.
If the game were to go exactly as the sportsbook predicts, the Dolphins would win by 5.5 points. Now, there aren’t half points in NFL football, so it’s either going to be 5 or 6 points. We’ll talk about why they use half points in point spreads here in a minute.
As we stated, to win a point spread bet, you have to bet on the team that outperforms their predicted results. Does that mean the team has to win? Nope! All the team has to do is do better than the predicted line, and you win your bet. This means that a team can lose the game, but you can still win your point spread bet on them. On the other side, a team can win their game, but you can still end up losing your point spread bet.
The Dolphins are expected to win by 5.5 points. So, since they can’t win by half points, if they win the game by 6 or more points, you would win your bet. What happens if they win the game by 5 or fewer points? You would lose your bet because they are underperforming how they were supposed to do. If they lose the game, you obviously will also lose your bet because they are way underperforming.
What about with the Jaguars? Well, they are expected to lose the game by 5.5 points. What happens if they lose the game but by only 5 points? You’d win your bet because they are outperforming what the point spread said they would do. If they lose the game by 5 or fewer points, you will win your bet. If they win the game, you will obviously win your bet because they are way outperforming what was predicted of them by the point spread line.
You may already be seeing the point why, but let’s talk about why half points are often used in point spreads by the sportsbook. The sportsbook will do this to ensure that there is a winning side to the bet. If they made the point spread 6 points or 5 points instead of 5 and a half, there becomes the possibility of a tie. If the line is 6 points, and the Dolphins win by two field goals, then the bet is a tie, and all the money is returned to everyone.
This isn’t that bad for each bettor, but the casino will make $0 off the bet, and they don’t like that. You will see whole number lines when they are necessary, but the sportsbook heavily prefers to use half-point lines for obvious reasons.
That’s all there is to a point spread bet! You bet on which team will outperform their predicted results, and that is it. In the next section, we’re going to talk about how point spread bets are paid out and how to calculate your potential winnings. Point Spread Movement
Now that you fully understand what it takes to win a point spread bet, let’s talk about how the sportsbook makes money and why that is important. If you recall from our discussion on moneyline bets, the sportsbook will alter the payouts to bring in the desired amount of money they want on each side of the bet. Remember, the sportsbook’s entire goal with any bet is to get the same amount of action on each side of the game, take a small percentage off the top, and make money no matter who wins the game.
If the sportsbook gets $500 bet on the Dolphins and $500 bet on the Jaguars, it doesn’t matter to them who wins. If the Dolphins win, they’ll pay them with the Jaguar bets. If the Jaguars win, they’ll pay them with the best from the Dolphins fans. They then will take a small percentage off the top for their profit for facilitating the bets.
This is the sportsbook’s goal. Obviously, though, bets are not always going to come in evenly on both sides of a game. The sportsbook has to do something to try and encourage and discourage action as they need to in order to try and get the equal action they desire. With moneyline bets, they accomplish this by changing the payouts. If they need more bets on one team, they’ll change the payouts to be higher for that team and lower for the other team. Remember, with moneyline bets, it does not matter by how many points a team wins, just that they win.
With point spread bets, though, they rarely will change the payouts (as you will see in the next section). What they do instead to encourage and discourage action on each side of the bet is to change the point spread. For example, let’s say that all the money is pouring in on the Dolphins, and the sportsbook needs to try and get some more money in on the Jaguars to even things out.
What they will do is shift the point spread. Currently, the Dolphins need to win the game by more than 5.5 points for someone to win that bet. To discourage action, they might change that to 6 or 6.5 points. Now, if the Dolphins win by those two field goals, instead of someone winning this bet, they will now lose. So you don’t get confused, once you make a point spread bet, you are locked in at that point value. If you make your bet for the Dolphins -5.5, no matter what happens to the line, you will still have them at -5.5. If it goes to Dolphins -6.5, you still have it at -5.5. On the same token, if it moves the other direction and goes to Dolphins -4.5, you still have it at -5.5.
When they adjust the Dolphins line to -6.5, it at the same time shifts the Jaguars line from +5.5 now to +6.5. This means the Jags can now lose the game by up to 6 points, and you would still win a bet on them. This would hopefully encourage action on that side of the game. If the line shift does not get the desired results, it will shift further until it does. If it gets way too much of a result, then it will shift back the other direction. The sportsbook will continue to do these shifts all the way up until bets close to try and get an even amount of money on each side of the game.
As you may guess, this can create some unique opportunities to get better lines if you can accurately predict the point spread movements. We will talk about that much more in depth in the strategy section of this guide. Understanding and Calculating Point Spread Payouts
Now that we’ve covered the basics of the point spread bet, let’s talk about the more fun side of things – what you’re going to get paid when you correctly pick a winner. The nice part about spread bets is that most of the time they are going to pay out the exact same regardless of which team you bet on. The reason for this is that the only reason the sportsbook ever moves a line is to get more action on one side of the bet or the other. Since they are already doing this by moving the actual point spread number, there is no need to do it with the payout.
The one exception is when they really don’t want to move a point line, but they still need to try and switch action. We will look at an example of this shortly that will show you what this will look like and when you might expect to see it. Here’s what the point spread bet from earlier might look like in an actual sportsbook.
*0034 Miami Dolphins -5.5
*0035 Jacksonville Jaguars +5.5
Sometimes, they will look like this:
*0034 Miami Dolphins -5.5 (-110)
*0035 Jacksonville Jaguars +5.5 (-110)
The first way that we presented it is like the “shorthand” version of the second way. It’s how you’re going to end up seeing it most of the time. In the second way, you see that both bets are going to pay out at a rate of -110. This is the standard payout for almost all point spread bets. Regardless of which side of the bet you are on, you can expect to be paid out at -110. We will cover the one exception shortly.
So, when you don’t see any payout odds listed, you can safely assume they are going to be -110. If you make a $100 bet at -110, you will get back a profit of $90.91. Notice that you are not getting paid back at even money. What’s going on here? Well, that $9.09 is the sportsbook taking their percentage for their profit.
Remember earlier when we talked about the sportsbook taking $500 in bets on both sides? Let’s imagine that happens, and each side is five separate $100 bets. So, the bets they take in look like this.
*$100 bet on the Jaguars point spread at -110
*$100 bet on the Jaguars point spread at -110
*$100 bet on the Jaguars point spread at -110
*$100 bet on the Jaguars point spread at -110
*$100 bet on the Jaguars point spread at -110
*$100 bet on the Dolphins point spread at -110
*$100 bet on the Dolphins point spread at -110
*$100 bet on the Dolphins point spread at -110
*$100 bet on the Dolphins point spread at -110
*$100 bet on the Dolphins point spread at -110
The sportsbook successfully achieved their goal of getting the same amount of action on both sides of the bet. Let’s see what happens for the sportsbook if the Dolphins win and if the Jaguars win. The sportsbook will keep the $500 from the bets on the Jaguars. They will then pay out each Dolphins bet at a rate of -110, or $90.91 each. The total they pay out is $454.55. This means the sportsbook profits $500 – $454.55 = $45.45.The sportsbook will keep the $500 from the bets on the Dolphins. They will then pay out each Jaguars bet at a rate of -110, or $90.91 each. The total they pay out is $454.55. This means the sportsbook profits $500 – $454.55 = $45.45.
As you can see, they will make a profit no matter what. You may also start seeing that winning 50% of your bets will not break you even. You’re going to have to do a little better than that to break even or turn a profit.
The majority of the time you make a point spread bet, you will be paid at this rate of -110. But on rare occasions, the sportsbook will change the payout odds and leave the point spread the same. This happens a lot when they don’t want to put out the possibility of a tie or if they think that the half-point move is going to cause an avalanche of action that would leave them heavily unbalanced the other direction.
For example, in football games, the sportsbook rarely likes to move off a +-2.5 line to +-3. This usually causes that avalanche of action and also puts out the big possibility of a tie and no profit for them. Instead, this is what you might see. Let’s say the Jags and Dolphins game is actually a lot closer, and the current spread is this.
*0034 Miami Dolphins -2.5 (-110)
*0035 Jacksonville Jaguars +2.5 (-110)
Let’s say that the sportsbook has an unbalanced number of bets with too much action on the Dolphins. Normally, they’d shift the line to -3, and the problem would fix itself. However, in football, a shift to +-3 usually causes a huge shift in action. So, here’s what you might see instead to encourage action on the Jaguars.Baseball Betting Odds Calculator
*0034 Miami Dolphins -2.5 (-120)
*0035 Jacksonville Jaguars +2.5 (EV)
You can now get the Jaguars at +2.5 at even money. This means that instead of being paid out at -110, you will receive even money for your bet. If you make a $100 bet, you’ll now get $100 in profit back instead of just $90.91. This will sometimes fix the problem. A lot of sharp bettors do see this as a sign that the line will probably move to +3 right before the game. It doesn’t always happen, but sometimes waiting could be smart if you would rather have the +3 instead of the even money at +2.5.
If you don’t like math and just want a pretty close way of determining your payout on a point spread bet, you’re in luck. Just assume you’ll be getting about 90% of what you bet back in profit. So, if you bet $10, you should get about $9 in profit. If you bet $30, you should get about $27 in profit. The Benefits of Using Point Spread Bets
You may already see the benefits of betting point spreads, but we wanted to take a minute and hammer home some of the reasons that these bets are a great addition to a winning sports betting strategy. Bet on Teams You Think Are Going to Lose
Without spread bets, if you think a team is going to lose, you aren’t able to intelligently bet on them. If you think that a team is greatly underestimated but is still going to lose, you’re out of luck. But thanks to spread bets, you can bet on teams that you’re confident are still going to lose the game.
First, this is great for entertainment value. Got a favorite team that loses most of their games? Well, now you can bet on them and not be setting money on fire. Second, this is great for profitability. Often, you may have predictions and see trends with teams that aren’t always winning. You might be the master of spotting a team’s problems and analyzing when they’re going to be getting better.
With spread bets, you now have the betting flexibility to jump on these predictions and turn them into money. If you’ve ever been in a bar where someone was cheering for a team that was down by too many points to come back by, you either saw one of the most die-hard fans ever, or you saw someone who was betting the spread. Easier to Understand Value
When you’re picking winners with moneyline bets, it can be a bit challenging for you to see with the naked eye whether or not the bet has value. If a team is +200 to win, is that enough value for you? If you’re a seasoned sports bettor or you have some complex formulas you use, you can probably tell definitively if that has value or not. But what about for the rest of the people that like to use their gut and feel a bit more?
Point spread bets make this possible. While you may not be able to tell if +200 is a good line, you might be able to tell if +4.5 points is a good line or not. Points are a metric that we all regularly use and understand. This makes quickly seeing value and using our gut to make picks much easier and much more accurate. Point Spread Betting Strategies
We’ve gotten through all of the basics and more, and now it’s time to talk strategy. Ultimately, it’s going to come down to being able to spot value and pick winners, but there are some tips and tricks that you should keep at the forefront of your mind when making your selections. Predict and Exploit Line Movement
If you’ve been betting for a long time, you know how much value there is in getting an extra half point or even a full point on a bet. It can literally be the difference between winning and losing. If you haven’t been betting for long, just ask a seasoned sports bettor or anyone in the sportsbook if a half point makes a difference. We guarantee they will have hundreds of stories of bets they lost by only a half point.
What this means for you is that you need to look for any opportunity to get your hands on an extra half point or more. The way you do this is by predicting how the lines are going to move and then deciding if you should bet now, not bet at all, or wait for the line to move more in your favor. Remember, once you make a point spread bet, you are locked into that line.Spread Betting Nfl
Start tracking lines and watching them t

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