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New Parlay Addition

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Do you like the new Parlay system?
Yes 25 60%
No 2 5%
Doesn't matter 4 10%
Don King would like it if he could fix the fights 5 12%
First season where a person will make $1 million 6 14%
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Pitbull09

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How do you guys like the new betting system for season 3? I think it allows way better risks/payoff and prob will allow more experience fans wins then someone just betting it all on an underdog for a shot to win.


Option 4 in this poll is the same option as "I hate Don King"

Post #1   1/3/08 12:58:19AM   

ufcboss

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It sounds good but I still dont fully get it!

Post #2   1/3/08 1:25:19AM   

uGotKTFO

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Don't even know what a "Parlay" is.

Someone explain plz.

Edit: n/m I was playing with it and basically figured it out.

Last edited 1/3/08 1:40AM server time by ugotktfo
Edit note/reason: n/a

Post #3   1/3/08 1:33:08AM   

rameydl8

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not quite sure what it is but ill try an figure it out

Post #4   1/3/08 5:36:14AM   

stock

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It just means that you can pick multiple fights at a time and the payouts are multiplicative instead of additive.

Say for example you think Werdum (@ +280) and James Lee (@ +170) will both win.
Now say you have $100 you want to bet.

Option 1: You could bet $50 on each fight and get $190 + $135 back on each fight respectfully, increasing your bankroll from $100 to $325.

Option 2: You could parlay both fights together to get a +926 line.
Now if you are correct on both fights, you would turn $100 in $1,026.
The draw back is that if either fighter loses, you get $0.

Notice that in option 1, the money returned on correct bets would be:
(3.8 * 50) + (2.7 * 50) = $325

In option 2, the money returned on correct bets would be:
(3.8 * 2.7 * 100) = $1,026

Post #5   1/3/08 8:41:57AM   

tuvok500

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I like it alot !!

Post #6   1/3/08 11:21:28AM   

DoTheMMAth

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As per the wager info page :


How does a parlay wager work?

A parlay is a single wager that links together two or more individual bets, and depends on all of those wagers winning together. The benefit of making a parlay bet is that there are much higher payoffs than placing each individual bet separately since the difficulty of hitting it is much higher. If any of the bets in the parlay loses, the entire parlay loses.




(Props to Stock, great explanation )

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Post #7   1/3/08 11:42:33AM   

babalu2720

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I definetly like it, I'm just waiting for someone to hit a parlay chhosing all the correct fights on the card....$$$$$$$$$$$

Post #8   1/3/08 12:24:58PM   

CornishMMA

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that would be crazy!

I love the new feature but wish we could do several seperate ones!

Still what a horrible event to start off with, hard picks to make on this one! There are no sure thing bets (the closest is GG i think) and while there are some good underdog bets our limited bankrolls make it rough to start a new season with

Post #9   1/3/08 1:13:07PM   

owen1

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I like it!!

Post #10   1/3/08 1:23:33PM   

RampageOwnedYou

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I like it. Just hope you keep secondary league one as is. So both are not in the million dollars.
Just hope to see secondary league updated a little better then what ive seen. Yaronkka not able to bet, was BS.

Post #11   1/3/08 6:38:35PM   

DustinT

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ahhh...very nice addition indeed.

Post #12   1/3/08 7:04:08PM   

DustinT

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$100 on each "underdog" all parlayed

=

If all win: +$19077706 to bankroll


*laff*
incredible.

Post #13   1/3/08 7:09:40PM   

lopedogg

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looks good to me

Post #14   1/3/08 11:42:02PM   

DoTheMMAth

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Posted by DustinT

$100 on each "underdog" all parlayed

=

If all win: +$19077706 to bankroll


*laff*
incredible.



As of today you can only wager on 4 fighters per parlay, 1 parlay per event, and you can only wager half your available bankroll on the parlay. Because yeah, parlays scale absurdly well, and having 1 person make insano bank the first event would make things less fun

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Post #15   1/4/08 1:02:10PM   
 
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