Parlay Bet

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 Author Topic: Parlay Bet  (Read 913 times)
Bobo
Gaining experience

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Posts: 88

« on: July 12, 2020, 03:32:06 PM »
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Hi.

Please can anyone help me  here with this calculation. I made a parlay bet with double bet with a total odds of 26.00 and I risked \$100.00 on the parlay  at the same time I lay \$120.00 with odd of 4.5  at https://orbitxch.com/ hoping that the first leg will loose but instead it won.   Next leg of the bet will start in a week from now. Please I want to know how  much more    money can I  bet on a single bet  that is part of parlay and how much I should lay on exchange  and still be in profit  and also recover the loss I made already by laying  at exchange.

 « Last Edit: July 12, 2020, 09:00:55 PM by arbusers » Logged
alealeale
Pro

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Posts: 405

« Reply #1 on: July 12, 2020, 09:18:53 PM »
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Correct me if I'm wrong:

your first leg odd on 100\$ parlay: @5.4
You lay 120@4.50 risking 423\$
(Total cost 523\$ so far).

If the bet would have finished immediately you'd have gained 17\$.
But the surebet keep running so you have to close the second leg.
I guess second odd is @4.8 (5.4*4.8=26)

Calculation is the following: 100*5.4=540
You have to cover 540\$ @4.8 so, let's say lay 580\$@4,50 (if available) risking 2029\$ on Orbit.
This way you spend 100+423+2029=2552\$.

If you win at soft you will get 100*5.4*4.8=2592\$
gain=40\$ (2592-2552)

If you win at Orbit you will get 580-3%=563\$
gain=40\$ (563-523)
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Bobo
Gaining experience

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Posts: 88

« Reply #2 on: July 13, 2020, 02:09:16 PM »
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Thanks mate,

How did you get your first leg odd @5.4

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alealeale
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Posts: 405

« Reply #3 on: July 13, 2020, 04:37:49 PM »
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I've used a simple calculator back/lay, guessing you choose to earn the same, if you won on soft or on exchange. I hope you are in good position for your second bet.
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