View Single Post
  #8 (permalink)  
Old 11-13-2009, 12:03 PM
JMED2 JMED2 is offline
Member
 
Join Date: Nov 2009
Posts: 207
Smile Where do you guy place wagers?

Where I play:

If I bet $100 each 12 games and won 9:

9 WINS = $100 + WINS $95.25 = 195.25 X 9 = $1,757.25
3 LOSERS, YOU LOSE ALL SO: $0

START MONEY WAS $1200 AND END UP WITH $1757.25
which is a $557.75 profit or 46.5% profit.

Not bad if 9 are right; but a Progressive Parlay pays 3 to 1;
not 1-2 on 12 plays.

So if I risk $120 (1/10th) on a 12 Play and hit on 9,,,I win $360.

But I didn't risk the whole $1200 on it...so it pay out alittle
smaller. And yes, 8 out of 12 pays ZERO; so more risky.

You lose the whole $120...

But if I hit 10 out of 12; it pays $1200.00
If I hit 11 out of 12; it pays $9600.00
And goodness forbid 12 out of 12: that pays $108,000.00

I guess it's the diffrence between buying a Stock outright
and playing the Stock option.

It's a gamble for sure.

JMED2
Reply With Quote