Pages

System #9 Parlay Mod

This system is almost the same system as the parlay system. However, there is a little difference with system #9. In fact, you will make more money with this parlay system simply because you’ll add a specific amount after each lost. Usually, this amount is the target you want to make.
The goal of the system is the that the other parlay. It’s to win just one parlay in a ten bet series. This is only a 10% winning rate. So, if you can pick a winner within 10 picks (or more if you have a bigger bankroll or you use underdogs), you make a profit.
First of all, stay away from parlay of more than 2 games. The more games you have in your parlay, the lower will be the payout proportionally to your bet. This is normal and this is how the sportsbooks are making their money.
Lets take a look at the chart for odds of –107 (1.93)
2 Teams - odds are 3-1 - Pays 2.74
3 Teams - odds are 7-1 - Pays 6.24
4 Teams - odds are 15-1 - Pays 13.01
5 Teams - odds are 31-1 - Pays 26.10
6 Teams - odds are 63-1 - Pays 51.42
So, keep it simple and safe: ALWAYS USE A 2 TEAM PARLAY.
Who are you going to bet on ? Well, 2 strong underdogs whose payout is big or 2 money line favorite with reasonable odds.
Now, I will explain exactly how the formula works with any kind of odds. It could be underdogs or favourite. If you want to bet with the money line and different odds, you will need to understand and use this formula. It’s a little bit more work but it works very well.
However, if you bet on football or basketball using the spreads and all your odds are at 1.93 (-107), I will give you later, a series of 10 predetermined amount that you will be able to use very easily.
For the moment, let’s see how that formula works.
The bet will be calculated with the odds offer by the bookmakers.
The formula is: B = (TL+(NB X P)) / ((GAME 1 X GAME 2) - 1)
B = Your bet
TL= Total lost
P= Profit you want to make
GAME 1= Odds for game 1 (International odds)
GAME 2= Odds for game 2 (International odds)
NB= Number of bet
As you can see, we add a new part to the formula which is NB X P. That mean every time you calculate your new bet, you will add a new amount.
The result will be that you bet will be higher but when you win, you win a lot more money. The later you win, the more money you make!
Step 1
Decide the amount you want to win.
Let’s say you want to make \$25 on day 1 and the odds for the 2 games are –120 (1.83) and +110 (2.10)
B= (0 + 25) / ((1.83 X 2.10) – 1) = \$8.79
Your first bet is \$8.79 for the parlay.
If you win, you make \$25 profit. \$8.79 X 1.83 X 2.1 - \$8.79 = \$25
You go to step 1
If you lose, you go to step 2
Step 2
Let’s say the odds for the 2 games are –140 (1.71) and +105 (2.05)
Now, you ad NB X P to the formula. NB is 2 because you’re at the second bet and P is your initial target of \$25.
2X25
B = (\$8.79 + \$50 ) / ((1.71 X 2.05) – 1) = \$23.42
Your next bet is \$23.42
If you win, you make \$50 profit. \$23.42 x 1.71 X 2.05 – (\$23.42 + \$8.79) = \$50
You go to step 1
If you lose, you go to step 3
Step 3
Let’s say the odds for day 3 are +120 (2.20) and –105 (1.95)
Now, you ad NB X P to the formula. NB is 3 because you’re at the third bet and P is your initial target of \$25.
3X25
B = (\$8.79 + \$23.42 + \$75 ) / ((2.20 X 1.95 ) – 1) = \$32.59
Your next bet is \$32.59
If you win, you make \$75 profit. \$32.59 X 2.20 X 1.95 – (\$32.59+\$23.42+\$8.79) = \$75
You go to step 1
If you lose, you go to step 4
Step 4
Continue the progression using the betting formula until you hit a parlay. When you’ll hit a parlay, you’ll make a really good profit.
Remember the rules to follow:
1- Using the betting formula, make a 2 team parlay.
2- If you lose your first parlay, make another 2 team parlay using the betting formula. Continue to make 2 team parlay until you win one 2 team parlay.
3- If you win the first parlay, start another series at step 1
4- When you hit a parlay anywhere in the series, you’ll make a very good profit.
5- If you lose, continue the series up to 10 bets and even more if you can afford.
I highly recommend this system. I use it everyday with my daily picks and it works very well. I only have to hit just one parlay in the series to show a good profit. I love that!
Predetermined amount
If you want to bet against the spread, here the predetermined amount you need to use for a 10 bet series.
The amounts are:
Bet 1=0.368A
Bet 2=0.871A
Bet 3=1.558A
Bet 4=2.5A
Bet 5=3.786A
Bet 6=5.545A
Bet 7=7.951A
Bet 8=11.242A
Bet 9=15.743A
Bet 10=21.898A
A is the first amount you want to win.
Here’s an example
For the purpose of this example, we will assume that we’re betting a 2 team parlay against the spread in basketball or football. The odds will always be 3.72 (1.93 X 1.93 (-107)).
We’ll also assume that we want to make \$10 as our first parlay.
Day Wager W/L NET PROFIT IF A WIN
1 3.68 L -3.68 +10
2 8.71 L -12.39 +20
3 15.58 L -31.65 +30
4 25 L -52.97 +40
5 37.86 L -90.83 +50
6 55.45 L -146.28 +60
7 79.51 L -225.79 +70
8 112.42 L -338.21 +80
9 157.43 L -495.64 +90
10 218.98 W +100 +100
You finish your 10 days of betting with only one win out of 10. A winning ratio of only 10% and you make a profit of \$100. Remember, it was with odds of 1.93. Now imagine with odds of 2.50 for each team during the baseball season.
IMPORTANT
1) Keep on betting as long as your bankroll allow it to. If you experience a long losing streak without hitting your win to close the series and you have lost near 50% of your bankroll, maybe you should accept the lose and start a new series from the beginning.
2) In order to have the best success, use your 2 best picks of the day for your parlay.
3) If you have a big bankroll, you can run more series at the same time.
Conclusion - This powerful betting system allow you to make a good profit even if you have winning rate as low as 4% during the baseball season if you use underdogs. You have to do your homework but you will make a good profit.
This system can be used with any sports and with any kind of bets. You just have to calculate the odds with the provided formula.
Again there are the rules to follow:
1- Using the betting formula, make a 2 team parlay.
2- If you lose your first parlay, make another 2 team parlay using the betting formula. Continue to make 2 team parlay until you win one 2 team parlay.
3- If you win the first parlay, start another series at step 1
4- When you hit a parlay anywhere in the series, you’ll make a profit.
If you lose, continue the series up to 10 bets and even more if you can afford.