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Parlay bet question

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jimmypockets

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I was looking at the top earners from last nights event and I am confused.

The #2 earner for last nights event was BerserkDru. He placed a $1,000 parlay bet on K.Grove (+170), D.Mcfederies(-115), and M.Riddle (-110) and won $70,000. How is that possible?

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Post #1   6/22/08 11:39:55AM   

npayant

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This does seem awfully strange. I wish I could go back and put in those numbers to see if it is really correct. That seems pretty high to me.

Post #2   6/22/08 11:53:16AM   

jimmypockets

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I placed a similar bet on the next UFC and it showed I would win around 9-10,000. I am not a mathematics professor but this is not correct. Any mod or admin. that would like to help explain this? Also since I found this error can you just give me the money . ha ha ha

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Post #3   6/22/08 11:57:20AM   

uGotKTFO

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Yup, that's definitely messed up.

Post #4   6/22/08 2:11:48PM   

Raykill

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It's based on who wagers on whom within the playground.

Here is what is posted in the info section. It doesn’t seem to make a lot of sense, but then again playground is only using in house calculations.


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.


How do you calculate your odds?

In an effort to make our wagering system easy to understand and use for inexperienced bettors we have attempted to make a game that doesn't give too many potentially confusing options, doesn't require intimate knowledge of sports betting terminology, and can be "figured out" simply by entering wager amounts.

It may be a far less sophisticated simulation than the systems you are familiar with, and is based entirely off of MMA Playground fantasy game user data, thus the odds you see for a fight may not always match the odds presented by popular, real life sports books.

Please note: Your wagers are final once the event is locked out. Until then you may update your wagers as you see fit.


Why change the wagering system from the way it was for season 1?

By making the system house-based and resetting bankrolls we...

1. put all players are on a level playing field

2. can give per-event and season prizes for this part of the game because the playing field is even

3. have made wagering less tedious and less time-consuming; players will no longer have to find others to wager with and wait for replies

4. eliminate duplicate account wager manipulators that were betting against themselves

5. save our moderators the time and trouble of policing wagers after every event to put the ban-hammer down on the people from #4

Post #5   6/22/08 2:32:38PM   

jimmypockets

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Soooo is there is a mod or admin that would like to help me understand this?

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Post #6   6/22/08 3:55:54PM   

Raykill

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Posted by jimmypockets

Soooo is there is a mod or admin that would like to help me understand this?




Post #7   6/23/08 12:25:07AM   

Gannon

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Just took a look this parlay. It definitely is screwed up. Hope somebody see this and fixes it.

Post #8   6/23/08 3:30:28AM   

Gannon

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Found a few parlay calculators. Here is one with the numbers put in. Please look into this mods. Greatly Appreciated.

Image Attachment(s):

Photo Attachment 1

Post #9   6/23/08 3:36:02AM   

Tombsuprat

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Maybe he picked Cale as his 4th. When they canceled the bout I think they factored that into his parlay cause they did the same thing if you picked Lawler for CBS EliteXC

Edit: Yup just put +640 (Cale's odds) in the calculator and it came out to $70,312

Last edited 6/23/08 6:34AM server time by tombsuprat
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Post #10   6/23/08 6:32:24AM   

CornishMMA

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WTF how could it still figure him in???

This happened recently when JZ got DQ'd and they just recalculated them with the remaining fighters

Must be a glitch in the system cos its all automatic, maybe a mod forgot to tick a box somewhere, sure they will rectofy it

Post #11   6/23/08 7:28:11AM   

jimmypockets

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I am sure it is a glitch but what is concerning is the fact that not one mod or admin has replied or fixed it. You can post what color CB Dollaways sorts are on the TUF and a mod will rant and rave for hours but when you fnd a problem on their end, they are not that quick to respond. Maybe this will get them here.........................AMIR beat CB at the TUF finale.

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Post #12   6/23/08 9:18:54AM   

Biggee

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CB is a ******* homosexual faggot ------> Wonder if that will get them in here.

Post #13   6/23/08 10:49:29AM   

npayant

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Posted by Biggee

CB is a ******* homosexual faggot ------> Wonder if that will get them in here.



Saying something like this will only get you banned.

Edit: Deleted

Last edited 6/23/08 1:27PM server time by npayant
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Post #14   6/23/08 11:11:43AM   

B_Goetz

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MMA Playground Game Talk
This is the place to talk about your picks, house wagers, and other community related MMAPlayground.com discussions. If need support or would like to leave feedback please contact us, do not post it here.

They've been pretty up front about what you need to do if you need support.

Last edited 6/23/08 12:19PM server time by B_Goetz
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Post #15   6/23/08 12:14:30PM   
 
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