What all books take ?open teasers and parlays??

dawgball

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I've never understood open parlays, but I don't know if books are offering better odds these days. Back when I did the calculations, it didn't make any sense to bet an open-ended parlay versus just increasing your amount of wager each time. The math always worked better if you just continued to bet straight wagers and "stacking" your wager.

Can someone explain the advantage. I can see a little value in the Open Teaser, though.
 

MadJack

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i havent done any calculations but if you could save the open pars and teasers indefinitely, it could be a nice savings account for certain spots. but what do i know? LOL
 

dawgball

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Yeah, Jack, let the two guys that don't wager on sports sort out the best situation! ;)
 

AR182

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MadJack said:
i havent done any calculations but if you could save the open pars and teasers indefinitely, it could be a nice savings account for certain spots. but what do i know? LOL


i think i read someplace that open teasers have to be completed in a week.not sure about parlays.
 

MadJack

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scotty from betjamaica just informed me that there is no time limit to complete the open end bets at betjm.
 

Dell Dude

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Wow I thought Carib was the only place you could do these things. Thanks for letting me know Jamaica offeres them too. They just moved to the top of my sportsbook depth chart. BTW: I have named these things Tom Delay parlays. :mj22:

tom_delay_pointing_finger.jpg
 

Dell Dude

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dawgball said:
I've never understood open parlays. Can someone explain the advantage?

No time limit is one. Regular parlay all bets must be on the board at the same time. If you do a five teamer, there may not be five AK SOLID type games to bet. Open ended, you can wait for your best five. Another advantage is waiting to get the best number each bet. Can't do that regular parlay.

Another good thing about open parlays is you are locked in. Sure, you could keep doubling up wth straights but most people wouldn't have the guts to go that deep once the bet amounts started expanding dramaticaly. Also, if it is a 6-10 open parlay, you might get maxed out if you did it double or nothing straights.

The one negative I can see is if a book doesn't have true odds parlays, then on some of the bets you are risking way more than you are getting in payout. But you could always customoze the moneylines to go around that. Carib is true odds so that's not an issue. I'll have to see if Jamaica is too.

My goal this football season is to hit a ten teamer delayed parlay for $100,000.
:liar:
 

Dell Dude

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I don't see open parlay option, only "rolling wager" which is similiar but not the same thing. Maybe it's over the phone only. Still Carib has the standard for this. You can do 1-2-1-5-1 0r 3-3-1-2-1 0r 1-5-3-1 or whatever way you want to get to ten. It is 100% opening bet compounding. There's no partial betting after the first game. Your payout is your opening bet times your final payout odds.
 

MadJack

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from betjamaica

Rolling Wagers are simply an ?IF? bet that is allowed to be placed off an existing straight, parlay or teaser at anytime prior to the grading via phone or net.



Internet ?Rolling Wagers? can be placed behind existing straights, parlays and teasers however the new additional wager must be a ?Straight? bet..



Telephone ?Rolling Wagers? allow straights, parlays and teasers to be placed behind other existing straights, parlays or teasers.



Rolling ?If Win Only? wagers can use up to the full risk and win combined together.



Rolling ?If Win or Push? wagers can only use up to the full risk amount.



Like any ?IF bet? the previous wager must ?not? lose for the next wager to continue.



Rolling Wagers are ideal if your funds are tied up on an existing straight, parlay or teaser and would like to make another wager. (Example your early NFL game goes into overtime and the afternoon is about to start) or (your Yankee total over is 7-5 in the third inning and another game you like is about to start )???.. no longer a problem at www.betjm.com



Note; for further explanation please see this wager type listed on our tutorial at http://www.betjm.com/default.aspx?P=460&S=460
 

The Judge

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Dell Dude said:
No time limit is one. Regular parlay all bets must be on the board at the same time. If you do a five teamer, there may not be five AK SOLID type games to bet. Open ended, you can wait for your best five. Another advantage is waiting to get the best number each bet. Can't do that regular parlay.

Another good thing about open parlays is you are locked in. Sure, you could keep doubling up wth straights but most people wouldn't have the guts to go that deep once the bet amounts started expanding dramaticaly. Also, if it is a 6-10 open parlay, you might get maxed out if you did it double or nothing straights.

The one negative I can see is if a book doesn't have true odds parlays, then on some of the bets you are risking way more than you are getting in payout. But you could always customoze the moneylines to go around that. Carib is true odds so that's not an issue. I'll have to see if Jamaica is too.

My goal this football season is to hit a ten teamer delayed parlay for $100,000.
:liar:
Sharpest post I have seen in a long time and I mean that except for the ten teamer goal. :142smilie
 

Dell Dude

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After looking into it, technically what Jamaica offers isn't an open parlay. It's a rolling parlay. You can either parlay off an existing straight bet or straight bet of an existing parlay or parlay off an existing parlay. But you can't bet a ten teamer first then fill in the bets later. But it's still a good option to have if your funds are all tied up in pending plays. This guarantees you can make any type of bet you want even if you have no available balance.
 

IE

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Dell Dude, just to clairfy and not confuse any players,

The Rolling Wager is a different scenario than the Open Parlays and Open Teasers.

Also they do offer open both ?open parlays and open teasers? up to 15 teams.

However you do need to name the wager up front, you have to say ?this is a 13 teamer and he is the first two pieces etc.?

Also for now this wager is currently available on the phone and not online yet.


Thanks and Good Luck with your wagers!
 
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