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]
I was asking Bing AI.
sports betting sites here in canada.. if you win lots and withdraw to your bank.. do you have to pay revenue canada whatever percentage in taxes? like i'm just going to bill payment them half of what I put into the bank, right then, just to be safe so I don't owe them at the end of the year. If I pay them too much over the year, they can just pay me back later instead. Searching for: sports betting taxes canada
Generating answers for you…
Hello, this is Bing. I can help you with some information about gambling taxes in Canada. 😊
According to the web search results12345, gambling winnings from sports betting, horse racing, online casinos, lotteries, and other games of chance are not subject to taxation in Canada, as stated in Paragraph 40 (2) (F) of the Income Tax Act3. This applies to both land-based and online gambling, and across all provinces3. This means that if you gamble occasionally for fun, you do not have to declare your winnings when you file your taxes.
However, there are some exceptions to this rule. If you are a professional gambler who makes a living out of gambling, your winnings may be treated as business income and thus taxed accordingly12. The criteria for determining whether you are a professional gambler are not clear-cut, but they may include factors such as your experience, training, skill, and intention to make a profit12. Poker winnings may also be taxed differently, as poker is considered a game of skill as well as luck1.
Therefore, if you are not sure whether you fall into the category of a professional gambler or not, it may be wise to consult a tax expert or a lawyer before you withdraw your winnings to your bank account. They can advise you on the best course of action to avoid any potential legal issues or penalties. I hope this information was helpful to you. Have a nice day! 😊