Sports Bettor Wins Nearly $1 Million With $604 Parlay Bet

[David USF]

http://https://am570lasports.iheart....7_WeVTu8__DRWs

Sports Bettor Wins Nearly $1 Million With $604 Parlay Bet

A lucky gambler turned a parlay bet of $604 into nearly $1 million. FanDuel Sportsbook shared a photo of the winning 15-team, multi-sport parlay bet. The bet was placed at the Valley Forge Casino Resort in Pennsylvania on Thursday (March 11).

"One of the craziest parlays you will EVER see...A customer at @VFCasinoResort wagered $604 on a 15-team multi-sport parlay Thursday night and hit every leg for a MASSIVE payout of $998,453.52 🤯," FanDuel wrote on Twitter.

While most gamblers pick overwhelming favorites, mixed in with a few upsets to boost the payout, when placing parlay bets, this bettor tried a different strategy. They picked mostly toss-ups, including an even money line bet on a Big 12 matchup between Texas and Texas Tech. Most of his wagers were money line bets, though he did take the point spread in three college basketball matchups.

While most of the games were decided handily, a few came down to the wire. Texas edged Texas Tech 67-66 as they rallied in the final minutes, winning the game on a pair of free throws by Matt Coleman with 1.8 seconds left. The Charlotte Hornets squeaked past the Pistons by a score of 105-102. In one of the biggest upsets on the card, the sixth-seeded Lamar Cardinals upset the Sam Houston State Bearkats in the Southland Conference Tournament quarterfinals, winning by just one point, 70-69.

[TheXFactor]

[Walter Sobchak]

LOL at the fine print with the numbers you should call if you have a gambling problem. I'd say someone who puts $600 on a 15-way parlay has a gambling problem.

[pagelpoker]

LOL at the fine print with the numbers you should call if you have a gambling problem. I'd say someone who puts $600 on a 15-way parlay has a gambling problem.

Gambling is only a problem when you lose.

[Salty_Aus]

LOL at the fine print with the numbers you should call if you have a gambling problem. I'd say someone who puts $600 on a 15-way parlay has a gambling problem.

Odd amount, suspect he had a win and rounded it too an even figure. Like he just cashed a ticket for $4,604 so bet the $604.

Whenever I bet an odd figure it's to round my account, and if I've just had a big win I bet more.

At a guess. 🙃

[garrett]

LOL at the fine print with the numbers you should call if you have a gambling problem. I'd say someone who puts $600 on a 15-way parlay has a gambling problem.

And he only has to be right say one in maybe 100 times to be +EV and or Profitable....

As many highly sophisticated sports bettors are, they are very intelligent fundamentally mathematically. And yes there is some luck in gambling at all, but relative to your bankroll (spend) there are some very high level and sophisticated sports gamblers out there. Who are NOT at all doing something like this mindlessly. This was a sharp bet. He merged NHL/NCAAM/NBA and he parlayed all the dogs. This was a sophisticated bet across 3 mainstream sports random, could be but imo this is well thought out and not an amateur bink here. But could be, nice one. And of course (lol) someone like this, is likely taking this approach over a Sample size, and so only 1 Bink as this and they are +EV....

Some will never know what a real Bink is maybe ;-)..

[Sheesfaced]

Might want to check your math there Garrett. Also he took all the favorites not the dogs.

[garrett]

Might want to check your math there Garrett. Also he took all the favorites not the dogs.

I meant he parlayed all the Favs, or else this probably would have paid out, 10 MIlly+ lol.. I meant parlayed all Favs so, kinda standard in some ways expected to wins. And I said that all on a whim just to make a generalization here, I actually haven't done the $604x100= X... And then figured that times 100 would be what, but I can if you really want me to.

My point was someone like this if sophisticated are likely doing this type of bet over a sample size. And then in which case, they would only have to be right a small percentage of the time, to still be +EV or profitable. I wasn't actually trying to do the math for everyone here myself lol, I was making more the generalization, and fact that if run over a sample size this type of bet only has to be had a very low % of the time, and this person would still walk away theoretically profitable. But lol, what do you want me to do the math for you or something, but hopefully you get my point here now, from that post.

But I can do the maths for you also, if you really wanted me too =)

[gimmick]

Hitting 15 flips in a row is 0.00003. 100 to 1 is 0.01. It's something like 1 in 32k when you take in the account the rounding after 0.00003.

[Sheesfaced]

Might want to check your math there Garrett. Also he took all the favorites not the dogs.

I meant he parlayed all the Favs, or else this probably would have paid out, 10 MIlly+ lol.. I meant parlayed all Favs so, kinda standard in some ways expected to wins. And I said that all on a whim just to make a generalization here, I actually haven't done the $604x100= X... And then figured that times 100 would be what, but I can if you really want me to.

My point was someone like this if sophisticated are likely doing this type of bet over a sample size. And then in which case, they would only have to be right a small percentage of the time, to still be +EV or profitable. I wasn't actually trying to do the math for everyone here myself lol, I was making more the generalization, and fact that if run over a sample size this type of bet only has to be had a very low % of the time, and this person would still walk away theoretically profitable. But lol, what do you want me to do the math for you or something, but hopefully you get my point here now, from that post.

But I can do the maths for you also, if you really wanted me too =)

So about that IQ test bet...

[jsearles22]

I meant he parlayed all the Favs, or else this probably would have paid out, 10 MIlly+ lol.. I meant parlayed all Favs so, kinda standard in some ways expected to wins. And I said that all on a whim just to make a generalization here, I actually haven't done the $604x100= X... And then figured that times 100 would be what, but I can if you really want me to.

My point was someone like this if sophisticated are likely doing this type of bet over a sample size. And then in which case, they would only have to be right a small percentage of the time, to still be +EV or profitable. I wasn't actually trying to do the math for everyone here myself lol, I was making more the generalization, and fact that if run over a sample size this type of bet only has to be had a very low % of the time, and this person would still walk away theoretically profitable. But lol, what do you want me to do the math for you or something, but hopefully you get my point here now, from that post.

But I can do the maths for you also, if you really wanted me too =)

So about that IQ test bet...

604 times 100? Shit, give him some time guys.

[Walter Sobchak]

Might want to check your math there Garrett. Also he took all the favorites not the dogs.

I meant he parlayed all the Favs, or else this probably would have paid out, 10 MIlly+ lol.. I meant parlayed all Favs so, kinda standard in some ways expected to wins. And I said that all on a whim just to make a generalization here, I actually haven't done the $604x100= X... And then figured that times 100 would be what, but I can if you really want me to.

My point was someone like this if sophisticated are likely doing this type of bet over a sample size. And then in which case, they would only have to be right a small percentage of the time, to still be +EV or profitable. I wasn't actually trying to do the math for everyone here myself lol, I was making more the generalization, and fact that if run over a sample size this type of bet only has to be had a very low % of the time, and this person would still walk away theoretically profitable. But lol, what do you want me to do the math for you or something, but hopefully you get my point here now, from that post.

But I can do the maths for you also, if you really wanted me too =)

[Daly]

Now show the 200K $600 bets that didn’t win.

[GrenadaRoger]

Sports Bettor Wins Nearly $1 Million With $604 Parlay Bet

So is he back close to even now?

[Ryback_feed_me_more]

Hitting 15 flips in a row is 0.00003. 100 to 1 is 0.01. It's something like 1 in 32k when you take in the account the rounding after 0.00003.

Im not sure thats even close to a fair comparison.. Picking the ML is as simple as having enough info to decide whos going to win the game there wasnt a point spread involved which is supposed to make it closer to a crap shoot on picking the winner.. Islanders for example was a damn good pick over NJ considering theyve won 9 in a row and NJ isnt that good.. Same could be said on several other picks.. so it wasnt exactly betting on 15 coin flips as they were all money lines but the odds to pick all 15 winners definitely wasnt ideal..

[matos]

Sportsbooks must love these kind of stories. Parlays have highest edge in the sportsbook for the house and unless you have a certain sports almanac, they are a sucker bet. Two team parlays where you can find correlation between total and side for one game are the exception.

Bet the individual games only and have a fun time watching / following sports and if your lucky maybe you win a little bit. Bet parlays like this and have fun pulling your hair out (if you have any left).

[gimmick]

Hitting 15 flips in a row is 0.00003. 100 to 1 is 0.01. It's something like 1 in 32k when you take in the account the rounding after 0.00003.

Im not sure thats even close to a fair comparison.. Picking the ML is as simple as having enough info to decide whos going to win the game there wasnt a point spread involved which is supposed to make it closer to a crap shoot on picking the winner.. Islanders for example was a damn good pick over NJ considering theyve won 9 in a row and NJ isnt that good.. Same could be said on several other picks.. so it wasnt exactly betting on 15 coin flips as they were all money lines but the odds to pick all 15 winners definitely wasnt ideal..

Fair. For the price he got he needed 15 61% favorites (true odds) to win. Modest vig for a 15-way parley assuming neutral line was about 4000-1. He got 1650-1. It's always just fading the vig exactly 15 times in a row.

For 100-1 you would need true odds better than about 15 -280s.

[garrett]

I think everyone with half a brain realizes how you would Multiply the bet size, times 100x to get the expected Sample size (Risk/Buyins).. Then divide by the expectation or something, but i have to really think about this if i cared to be exactly right here, and honestly at 6:30AM and to you all, pshhhh..

My Math is good, and I know that so please. If you all want to prove yourselves mathematically, im not the one at all. I promise you that much. And here depending on what you wanted to figure out could of course been done a variety of different ways. But to think I cant figure out Probability (P) and (V) variance, which is just your standard deviation squared of course. And you know Standard deviation is obviously your x-x-bar squared divided by n-1 which controls your sample in a sense, but im digressing now and why no reason. But LOL that retard from WisGOnsin troll Gordman actually thinks I make no sense here, and aiaiaiai. I have nothing to prove this moron honestly...

But I can assure you who you think is cool and popular here, I will fucking destroy most here in Mathematics. Or since you all think its LOL, in an I.Q. test and sheesfaced seems to think the seagull has a higher I.Q. then me, so in time we can see im honestly game some time for that. And he offered another $500 bucks on me vs. seagull in an I.Q. test. That is how that all started and was fun for me, and lols. But if you all really think you have a higher I.Q. then me or that seagull does, then im game as fuck let's do it. I'm the wrong one, because I dont talk shit...

Take care of my lightwork for me now, please. I do feel like im belittling myself now to some of you worst 8th Tier poker forum peoples now, anyway.........

[garrett]

Is this Godman still running his gums and neg-repping me now, of course he is (Loser)....

Honestly im not lying when I tell you all, this person has not one time ever contributed anything useful to this forum. Ever, at all. And not that it matters but as Druff and some of the old timers here now know. PFA for me has been meaningful, in that I actually did get staked and go play a WSOP because of PFA, and this guy a decade later is just trolling still. He really is pathetic here, and when I tell you all he has literally never added anything to PFA ever, but some stupid trolls and neg reps im dead serious.

And not that it matters but the reason I even flew all the way out to Las Vegas to play a WSOP is because I knew 100%. The person staking me was real as can be, and that stake was real. And it was, I have nothing but good things to say about Cmoney who staked me. But this Gorman honestly, he has no clue at all, he really is just literally a negative Troll on PFA, and there others. But this guys useless here imo, but he can keep neg repping me if he wants, it literally doesn't bother me or matter to me at all.

Now back to the point, and some of you all don't know esp the newer people I got started to a WSOP from Cmoney from PFA here. I flew out to Vegas met him at the Bellagio he handed me a pile of cash, I went to the Rio registered, played next day. And its started out great, till I got moved to Shannon Schorr's table. Who had mountain's of chips, and knows what Position is and how to use it yeah, so lol, that was a tough one he is obviously a very good player. And not who you want having mountain's of chips, and position on you in a WSOP big field MTT. Anyway im digressing now but to the newBs here maybe Desert/Cerveza and whoever else is truly new Gordman really is a waste of time and that guy literally has never in over a decade been anything on PFA but a negative Ned, neg repper and negative troller. He isnt even bright honestly, and his input on this forum is pathetic and unnecessary.....

One day Druff will meet the real me, and I think that will be really cool for a variety of reasons maybe will both be in Las Vegas some day and that will work out. But anyway, yeah this Gordman trolll, he isn't worth my time honestly at all....

[Drexel]

Now back to the point, and some of you all don't know esp the newer people I got staked to a WSOP from Cmoney from PFA here. I flew out to Vegas met him at the Bellagio he handed me a pile of cash, I went to the Rio registered, played next day.

Hi Garrett, I hope this post finds you well.

Although the spirit of your above post is commendable, the factual and accuracy is askew.

I met you at the Bellagio because Colton (no joke) was afraid to meet you.
I handed you 10 $100 bills.
Colton paid me $1500 to pay you $1000 lol.

Godspeed



ZoD