I'm gonna max out text room.. so I'll continue in comments.. how I wound up there.
round robin parlays betting type
Noticed this other betting type.. looked into what it does. Testing it out with next sunday's NFL games. You can only input 8 games and the one you wanna bet on. So testing out favorites, that have the lower x odds for each game.
Adding those 8 to a parlay.. that's like 8 bets in 1, what I was doing before. If you were to do 8 straight bets, single bets.. would cost you 8 bucks.. at least that way if one of them loses you don't lose like a parlay. Those 8 straight bets would cost 8 bucks and you'd only make what the odds says for them.
1.77 so you'd make 77 cents profit. 1.74, 1.62 1.65 1.42 1.70 1.91 1.45
If you win you get the 8 bucks back and you'd profit 6.09
by doing the parlay, you multiply the odds together.. so winning that costs 1 buck, but you'd get back 55.04.
So that was kinda neat.. this "parlay" thing.
But if one of them loses, you fail... but you only lose 1 buck. The other day I think 3 of the favorites of the 11 games lost.
Now.. this round robin type. Was this 7/8.. I'm there.. what's that.. would talk to bing AI to explain things. I test it out by just doing one and buying it. lol.. see what it does. So those 8 favorites.. see attached.
It does 8 bets.. costs 8 bucks. Doesn't show you all the bets though.. I uploaded my bet slip here.. and got bing AI to read it and say.. ok what's going on.. what are those 8 bets it's not showing. It explains.
Here are the text and payouts of the 8 bets that you placed:
Bet 1: Colts, Seahawks, Lions, Jets, Packers, Texans, Buccaneers Payout: $1 \times (1.77 \times 1.70 \times 1.60 \times 1.65 \times 1.45 \times 1.72 \times 1.91 - 1) = $38.58 Bet 2: Colts, Seahawks, Lions, Jets, Packers, Texans, Bears Payout: $1 \times (1.77 \times 1.70 \times 1.60 \times 1.65 \times 1.45 \times 1.72 \times 1.50 - 1) = $28.64 Bet 3: Colts, Seahawks, Lions, Jets, Packers, Buccaneers, Bears Payout: $1 \times (1.77 \times 1.70 \times 1.60 \times 1.65 \times 1.45 \times 1.91 \times 1.50 - 1) = $37.66 Bet 4: Colts, Seahawks, Lions, Jets, Texans, Buccaneers, Bears Payout: $1 \times (1.77 \times 1.70 \times 1.60 \times 1.65 \times 1.72 \times 1.91 \times 1.50 - 1) = $43.92 Bet 5: Colts, Seahawks, Lions, Packers, Texans, Buccaneers, Bears Payout: $1 \times (1.77 \times 1.70 \times 1.60 \times 1.45 \times 1.72 \times 1.91 \times 1.50 - 1) = $34.07 Bet 6: Colts, Seahawks, Jets, Packers, Texans, Buccaneers, Bears Payout: $1 \times (1.77 \times 1.70 \times 1.65 \times 1.45 \times 1.72 \times 1.91 \times 1.50 - 1) = $35.59 Bet 7: Colts, Lions, Jets, Packers, Texans, Buccaneers, Bears Payout: $1 \times (1.77 \times 1.60 \times 1.65 \times 1.45 \times 1.72 \times 1.91 \times 1.50 - 1) = $31.17 Bet 8: Seahawks, Lions, Jets, Packers, Texans, Buccaneers, Bears Payout: $1 \times (1.70 \times 1.60 \times 1.65 \times 1.45 \times 1.72 \times 1.91 \times 1.50 - 1) = $29.01
So there.. so it does 8 parlay bets with those teams but it only uses 7 at a time. Like look at those and note "bears". You see it in every bet except the first one. If the bears lose, you still win with that one parlay. This idea costs 8 bucks though. But on that one of 8, you'd win 38 bucks.. minus the 8 you paid, you'd make 30. And if they all win.. looks like you'd win all the 8 parlays.. that'd pay 275. If you did the 1 parlay at 1 buck for all teams to win, you'd get 55.
I bought this one to try and figure out what this does. lol..
Then you've got this drop down menu for other types of round robin bets. It does mini parlays with all kinds of combinations. The logic seems to be to exclude some, so if they lose you still win that little one and sounds like it'd pay the bills of what it cost.
ok look at these other types.
6/8 28 bets 5/8 56 bets 4/8 70 bets 3/8 56 bets 2/8 28 bets goliath 247 bets
we got into the 7/8 that does 8 bets and costs 8 bucks. These other day 'll do that many various bets but it costs what it says there.. so this one 28 bucks. Betcha when you'd place it, it'd be like this one I did where it doesn't explain what the hell it does. lol. So bing AI explains all the bets.
6/8 (28 bets): This would involve combinations of six teams out of the eight selected. Each combination would be a separate bet. For example, one of the bets would be a parlay of Colts, Seahawks, Lions, Jets, Packers, and Texans. The payout for this bet would be 1.77 x 1.70 x 1.60 x 1.65 x 1.45 x 1.72 = 19.38. If you bet $1 CAD on each parlay, the total cost would be $28 CAD, and the total payout would be $542.64 CAD if all parlays win. Here are all the bets and payouts for this type:
Colts, Seahawks, Lions, Jets, Packers, Texans 19.38 Colts, Seahawks, Lions, Jets, Packers, Buccaneers 21.02 Colts, Seahawks, Lions, Jets, Packers, Bears 14.59 Colts, Seahawks, Lions, Jets, Texans, Buccaneers 23.17 Colts, Seahawks, Lions, Jets, Texans, Bears 16.09 Colts, Seahawks, Lions, Jets, Buccaneers, Bears 17.52 Colts, Seahawks, Lions, Packers, Texans, Buccaneers 18.97 Colts, Seahawks, Lions, Packers, Texans, Bears 13.16 Colts, Seahawks, Lions, Packers, Buccaneers, Bears 14.34 Colts, Seahawks, Lions, Texans, Buccaneers, Bears 15.55 Colts, Seahawks, Jets, Packers, Texans, Buccaneers 20.61 Colts, Seahawks, Jets, Packers, Texans, Bears 14.30 Colts, Seahawks, Jets, Packers, Buccaneers, Bears 15.54 Colts, Seahawks, Jets, Texans, Buccaneers, Bears 16.84 Colts, Seahawks, Packers, Texans, Buccaneers, Bears 17.34 Colts, Lions, Jets, Packers, Texans, Buccaneers 18.97 Colts, Lions, Jets, Packers, Texans, Bears 13.16 Colts, Lions, Jets, Packers, Buccaneers, Bears 14.34 Colts, Lions, Jets, Texans, Buccaneers, Bears 15.55 Colts, Lions, Packers, Texans, Buccaneers, Bears 16.09 Colts, Jets, Packers, Texans, Buccaneers, Bears 17.52 Seahawks, Lions, Jets, Packers, Texans, Buccaneers 18.36 Seahawks, Lions, Jets, Packers, Texans, Bears 12.74 Seahawks, Lions, Jets, Packers, Buccaneers, Bears 13.86 Seahawks, Lions, Jets, Texans, Buccaneers, Bears 15.01 Seahawks, Lions, Packers, Texans, Buccaneers, Bears 15.55 Seahawks, Jets, Packers, Texans, Buccaneers, Bears 16.84 Lions, Jets, Packers, Texans, Buccaneers, Bears 15.54
5/8 (56 bets): This involves betting on all possible combinations of five teams out of the eight selected. Each combination would be a separate bet. For example, one of the bets would be a parlay of Colts, Seahawks, Lions, Jets, and Packers. The payout for this bet would be 1.77 x 1.70 x 1.60 x 1.65 x 1.45 = 11.29. If you bet $1 CAD on each parlay, the total cost would be $56 CAD, and the total payout would be $631.24 CAD if all parlays win. Here are all the bets and payouts for this type:
Colts, Seahawks, Lions, Jets, Packers 11.29 Colts, Seahawks, Lions, Jets, Texans 12.28 Colts, Seahawks, Lions, Jets, Buccaneers 13.31 Colts, Seahawks, Lions, Jets, Bears 9.23 Colts, Seahawks, Lions, Packers, Texans 11.97 Colts, Seahawks, Lions, Packers, Buccaneers 12.97 Colts, Seahawks, Lions, Packers, Bears 9.01 Colts, Seahawks, Lions, Texans, Buccaneers 14.07 Colts, Seahawks, Lions, Texans, Bears 9.77 Colts, Seahawks, Lions, Buccaneers, Bears 10.63 Colts, Seahawks, Jets, Packers, Texans 12.76 Colts, Seahawks, Jets, Packers, Buccaneers 13.82 Colts, Seahawks, Jets, Packers, Bears 9.59 Colts, Seahawks, Jets, Texans, Buccaneers 14.97 Colts, Seahawks, Jets, Texans, Bears 10.38 Colts, Seahawks, Jets, Buccaneers, Bears 11.29 Colts, Seahawks, Packers, Texans, Buccaneers 13.47 Colts, Seahawks, Packers, Texans, Bears 9.34 Colts, Seahawks, Packers, Buccaneers, Bears 10.18 Colts, Seahawks, Texans, Buccaneers, Bears 11.04 Colts, Lions, Jets, Packers, Texans 11.62 Colts, Lions, Jets, Packers, Buccaneers 12.58 Colts, Lions, Jets, Packers, Bears 8.73 Colts, Lions, Jets, Texans, Buccaneers 13.62 Colts, Lions, Jets, Texans, Bears 9.44 Colts, Lions, Jets, Buccaneers, Bears 10.28 Colts, Lions, Packers, Texans, Buccaneers 13.08 Colts, Lions, Packers, Texans, Bears 9.07 Colts, Lions, Packers, Buccaneers, Bears 9.87 Colts, Lions, Texans, Buccaneers, Bears 10.69 Colts, Jets, Packers, Texans, Buccaneers 14.01 Colts, Jets, Packers, Texans, Bears 9.71 Colts, Jets, Packers, Buccaneers, Bears 10.56 Colts, Jets, Texans, Buccaneers, Bears 11.44 Colts, Packers, Texans, Buccaneers, Bears 11.89 Seahawks, Lions, Jets, Packers, Texans 11.25 Seahawks, Lions, Jets, Packers, Buccaneers 12.18 Seahawks, Lions, Jets, Packers, Bears 8.46 Seahawks, Lions, Jets, Texans, Buccaneers 13.17 Seahawks, Lions, Jets, Texans, Bears 9.13 Seahawks, Lions, Jets, Buccaneers, Bears 9.92 Seahawks, Lions, Packers, Texans, Buccaneers 12.97 Seahawks, Lions, Packers, Texans, Bears 9.01 Seahawks, Lions, Packers, Buccaneers, Bears 9.79 Seahawks, Lions, Texans, Buccaneers, Bears 10.63 Seahawks, Jets, Packers, Texans, Buccaneers 13.82 Seahawks, Jets, Packers, Texans, Bears 9.59 Seahawks, Jets, Packers, Buccaneers, Bears 10.41 Seahawks, Jets, Texans, Buccaneers, Bears 11.29 Seahawks, Packers, Texans, Buccaneers, Bears 11.76 Lions, Jets, Packers, Texans, Buccaneers 12.58 Lions, Jets, Packers, Texans, Bears 8.73 Lions, Jets, Packers, Buccaneers, Bears 9.49 Lions, Jets, Texans, Buccaneers, Bears 10.28 Lions, Packers, Texans, Buccaneers, Bears 10.69 Jets, Packers, Texans, Buccaneers, Bears 11.44
4/8 (70 bets): Here, you’re betting on all combinations of four teams out from the eight selected. Each combination would be a separate bet. For example, one of the bets would be a parlay of Colts, Seahawks, Lions, and Jets. The payout for this bet would be 1.77 x 1.70 x 1.60 x 1.65 = 7.94. If you bet $1 CAD on each parlay, the total cost would be $70 CAD, and the total payout would be $555.80 CAD if all parlays win. Here are all the bets and payouts for this type:
Colts, Seahawks, Lions, Jets 7.94 Colts, Seahawks, Lions, Packers 7.74 Colts, Seahawks, Lions, Texans 8.40 Colts, Seahawks, Lions, Buccaneers 9.09 Colts, Seahawks, Lions, Bears 6.31 Colts, Seahawks, Jets, Packers 8.66 Colts, Seahawks, Jets, Texans 9.39 Colts, Seahawks, Jets, Buccaneers 10.16 Colts, Seahawks, Jets, Bears 7.05 Colts, Seahawks, Packers, Texans 9.18 Colts, Seahawks, Packers, Buccaneers 9.94 Colts, Seahawks, Packers, Bears 6.90 Colts, Seahawks, Texans, Buccaneers 10.76 Colts, Seahawks, Texans, Bears 7.46 Colts, Seahawks, Buccaneers, Bears 8.11 Colts, Lions, Jets, Packers 7.66 Colts, Lions, Jets, Texans 8.30 Colts, Lions, Jets, Buccaneers 8.98 Colts, Lions, Jets, Bears 6.23 Colts, Lions, Packers, Texans 8.08 Colts, Lions, Packers, Buccaneers 8.76 Colts, Lions, Packers, Bears 6.07 Colts, Lions, Texans, Buccaneers 9.46 Colts, Lions, Texans, Bears 6.56 Colts, Lions, Buccaneers, Bears 7.13 Colts, Jets, Packers, Texans 9.30 Colts, Jets, Packers, Buccaneers 10.08 Colts, Jets, Packers, Bears 6.99 Colts, Jets, Texans, Buccaneers 10.89 Colts, Jets, Texans, Bears 7.55 Colts, Jets, Buccaneers, Bears 8.21 Colts, Packers, Texans, Buccaneers 10.34 Colts, Packers, Texans, Bears 7.17 Colts, Packers, Buccaneers, Bears 7.79 Colts, Texans, Buccaneers, Bears 8.43 Seahawks, Lions, Jets, Packers 7.48 Seahawks, Lions, Jets, Texans 8.11 Seahawks, Lions, Jets, Buccaneers 8.78 Seahawks, Lions, Jets, Bears 6.09 Seahawks, Lions, Packers, Texans 7.89 Seahawks, Lions, Packers, Buccaneers 8.55 Seahawks, Lions, Packers, Bears 5.93 Seahawks, Lions, Texans, Buccaneers 9.23 Seahawks, Lions, Texans, Bears 6.40 Seahawks, Lions, Buccaneers, Bears 6.96 Seahawks, Jets, Packers, Texans 8.66 Seahawks, Jets, Packers, Buccaneers 9.39 Seahawks, Jets, Packers, Bears 6.51 Seahawks, Jets, Texans, Buccaneers 10.16 Seahawks, Jets, Texans, Bears 7.05 Seahawks, Jets, Buccaneers, Bears 7.66 Seahawks, Packers, Texans, Buccaneers 9.18 Seahawks, Packers, Texans, Bears 6.36 Seahawks, Packers, Buccaneers, Bears 6.90 Seahawks, Texans, Buccaneers, Bears 7.46 Lions, Jets, Packers, Texans 7.30 Lions, Jets, Packers, Buccaneers 7.91 Lions, Jets, Packers, Bears 5.48 Lions, Jets, Texans, Buccaneers 8.55 Lions, Jets, Texans, Bears 5.93 Lions, Jets, Buccaneers, Bears 6.44 Lions, Packers, Texans, Buccaneers 7.89 Lions, Packers, Texans, Bears 5.47 Lions, Packers, Buccaneers, Bears 5.93 Lions, Texans, Buccaneers, Bears 6.40 Jets, Packers, Texans, Buccaneers 8.78 Jets, Packers, Texans, Bears 6.09 Jets, Packers, Buccaneers, Bears 6.51 Jets, Texans, Buccaneers, Bears 7.05 Packers, Texans, Buccaneers, Bears 6.36
3/8 (56 bets): This involves betting on all possible three-team combinations from the eight selected. Each combination would be a separate bet. For example, one of the bets would be a parlay of Colts, Seahawks, and Lions. The payout for this bet would be 1.77 x 1.70 x 1.60 = 4.81. If you bet $1 CAD on each parlay, the total cost would be $56 CAD, and the total payout would be $269.36 CAD if all parlays win. Here are all the bets and payouts for this type:
Colts, Seahawks, Lions 4.81 Colts, Seahawks, Jets 4.97 Colts, Seahawks, Packers 4.36 Colts, Seahawks, Texans 4.73 Colts, Seahawks, Buccaneers 5.12 Colts, Seahawks, Bears 3.55 Colts, Lions, Jets 4.67 Colts, Lions, Packers 4.10 Colts, Lions, Texans 4.45 Colts, Lions, Buccaneers 4.82 Colts, Lions, Bears 3.35 Colts, Jets, Packers 5.04 Colts, Jets, Texans 5.46 Colts, Jets, Buccaneers 5.92 Colts, Jets, Bears 4.11 Colts, Packers, Texans 5.21 Colts, Packers, Buccaneers 5.65 Colts, Packers, Bears 3.92 Colts, Texans, Buccaneers 6.11 Colts, Texans, Bears 4.24 Colts, Buccaneers, Bears 4.61 Seahawks, Lions, Jets 4.64 Seahawks, Lions, Packers 4.08 Seahawks, Lions, Texans 4.42 Seahawks, Lions, Buccaneers 4.79 Seahawks, Lions, Bears 3.32 Seahawks, Jets, Packers 4.99 Seahawks, Jets, Texans 5.41 Seahawks, Jets, Buccaneers 5.86 Seahawks, Jets, Bears 4.07 Seahawks, Packers, Texans 5.15 Seahawks, Packers, Buccaneers 5.59 Seahawks, Packers, Bears 3.87 Seahawks, Texans, Buccaneers 6.04 Seahawks, Texans, Bears 4.19 Seahawks, Buccaneers, Bears 4.55 Lions, Jets, Packers 4.38 Lions, Jets, Texans 4.75 Lions, Jets, Texans, Buccaneers 5.15 Lions, Jets, Texans, Bears 3.57 Lions, Jets, Buccaneers, Bears 3.88 Lions, Packers, Texans, Buccaneers 4.75 Lions, Packers, Texans, Bears 3.29 Lions, Packers, Buccaneers, Bears 3.57 Lions, Texans, Buccaneers, Bears 3.88 Jets, Packers, Texans, Buccaneers 5.86 Jets, Packers, Texans, Bears 4.07 Jets, Packers, Buccaneers, Bears 4.41 Jets, Texans, Buccaneers, Bears 4.77 Packers, Texans, Buccaneers, Bears 4.19
2/8 (28 bets): You’re betting on all two-team combinations from those selected. Each combination would be a separate bet. For example, one of the bets would be a parlay of Colts and Seahawks. The payout for this bet would be 1.77 x 1.70 = 3.01. If you bet $1 CAD on each parlay, the total cost would be $28 CAD, and the total payout would be $84.28 CAD if all parlays win. Here are all the bets and payouts for this type:
[continued in comments]
[part 2 from thread post]
2/8 (28 bets): You’re betting on all two-team combinations from those selected. Each combination would be a separate bet. For example, one of the bets would be a parlay of Colts and Seahawks. The payout for this bet would be 1.77 x 1.70 = 3.01. If you bet $1 CAD on each parlay, the total cost would be $28 CAD, and the total payout would be $84.28 CAD if all parlays win. Here are all the bets and payouts for this type:
Colts, Seahawks 3.01 Colts, Lions 2.83 Colts, Jets 2.92 Colts, Packers 2.57 Colts, Texans 2.78 Colts, Buccaneers 3.01 Colts, Bears 2.09 Seahawks, Lions 2.72 Seahawks, Jets 2.81 Seahawks, Packers 2.47 Seahawks, Texans 2.67 Seahawks, Buccaneers 2.89 Seahawks, Bears 2.01 Lions, Jets 2.64 Lions, Packers 2.32 Lions, Texans 2.51 Lions, Buccaneers 2.72 Lions, Bears 1.89 Jets, Packers 2.69 Jets, Texans 2.91 Jets, Buccaneers 3.15 Jets, Bears 2.19 Packers, Texans 2.49 Packers, Buccaneers 2.69 Packers, Bears 1.87 Texans, Buccaneers 2.91 Texans, Bears 2.02 Buccaneers, Bears 2.19
Goliath (247 bets): This is a complex multi-bet that covers every possible combination of the eight selections. The total number of parlays in a goliath bet is 247, as shown in the table above. The payouts for each parlay would be the same as in the corresponding round robin bet type. For example, the payout for a parlay of Colts, Seahawks, Lions, and Jets would be the same as in the 4/8 type, which is 7.94. If you bet $1 CAD on each parlay, the total cost would be $247 CAD, and the total payout would be $1,510.28 CAD if all parlays win. However, due to the large number of bets involved, I won’t list them all here. Instead, I’ll provide a summary of the total payouts for each number of teams or events in each parlay:
Number of teams or events in each parlay Total payout 2 84.28 3 269.36 4 555.80 5 631.24 6 542.64 7 153.52 8 173.44 Total 1,510.28
So this would be like doing all of the other types individually..
That's loading the "favorites" of who's supposed to win. But last sunday 3 of the underdogs won.
What if you do a second of these round robins using the underdogs.
Sucks cause you can only load in 8 games. Underdogs in 1 parlay at 1 buck.. it's short on enough teams to exponentially multiply things enough. With the 12 games, the 1 buck was 500k. Now it's like few levels short with just 8. Only gets to 2800.
And then all underdogs is bad cause last sunday was only like 3 that won. So if you do a super shitload of combinations with them.. I don't know if it'd pay out good.
Loading them in here then going to round robins and drop down menu to goliath cost 247, does 247 parlay.. potential payout 14k.
Let me scrub those and load the favorites instead see what it said the potential payout of the goliath would be. This is also not selecting any with the B, banker.. that's for some team you like but that's a bad idea with these combinations, I bet. lol.
ok loaded up the favorites.. that 7/8 that's what I did.. cost 8 bucks, did 8 bets, potential payout 323. Changing the drop down menu with those to the goliath.. cost 247, does 247 parlay bet combinations, potential payout, 2790.
Now.. there's this B, banker button you can click on a team when they're loaded in the round robin. That's if you like a team. So it'll limit things and be less combinations.
Going to the max type.. it has super heinz instead of goliath. costs 120 doing 120 bets instead of 247. Nevermind this B banker type for a team you like.
I wonder if you did a goliath of the favorites to win, costing 247.. then another set of this with the underdogs.. costing another 247. So 500 bucks for both of these mega parlay all combinations. I wonder how much you'd make and would it pay for the 500.
If I can get my betting money up.. I'll try both of these on NFL games sometime. lol.
Just those 3 underdogs that won last sunday.. if you were to do a 1 parlay with the teams that won. Well, the 12 included the monday night game that hasn't happened yet.
favorites that won: browns 1.67 dolphins 1.25 chiefs 1.22 saints 1.40 rams 1.33 49ers 1.12 bills 1.77 ravens 1.55
underdogs that won: buccs 2.45 texans 2.45 panthers 2.30
adding.. tonite it'll be either the eagles 1.59 or seahawks 2.40
if it's the eagles
1.67 x 1.25 x 1.22 x 1.40 x 1.33 x 1.12 x 1.77 x 1.55 x 2.45 x 2.45 x 2.30 x 1.59 = 319x or 319 bucks at 1 buck bet.
if it's the seahawks
1.67 x 1.25 x 1.22 x 1.40 x 1.33 x 1.12 x 1.77 x 1.55 x 2.45 x 2.45 x 2.30 x 2.40 = 482x or 482 bucks at 1 buck bet
Meanwhile.. if all the underdogs won.. you'd get $478,765 on a 1 dollar bet.
So.. this idea of buying every combination of bet.. 4000.. even at 1 buck, you'd lose if there's too many favorites. When you see some of the green dots that have a few underdogs as winners.. doesn't boost it as much as you'd think. There was 3 underdogs in there.