Half Point Parlay Card

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  • Half-Point Parlay Card The Half-Point Parlay Card is the most popular type of card in Las Vegas and will offer payoffs ranging from 6.5 for 1 on a 3-selection parlay to 2,500 for 1 on a 12-selection parlay. All point spreads use half points, eliminating the possibility of a tie. Teaser Card On a Teaser Card, the point spreads differ from those.
  • There are several types of parlay cards to choose from during football season and each has a different payoff scale. The most popular variety of parlay card is the “1/2 point” card, in which ½-point point spreads are used, eliminating the possibility of a tie. TEASERS – We offer 6-, 6 ½-, 7-, 10- and 14-point teasers in football.
  1. Delaware Lottery Half Point Parlay Card
  2. What Is A 1/2 Point Parlay Card
  3. Half Point Parlay Cards Football
  4. Half Point Parlay Cards
  5. Half Point Parlay Card Delaware

If that happens, you don’t lose your parlay, but you’re only paid off as if you’d placed a smaller parlay—it’s as if that game didn’t exist on your card. In the example above, where you’re betting on 4 games at the same time, if one of the games resulted in a tie, you’d get paid off as if you’d bet on a 3-game parlay. ½ point parlay card ½ point parlay card mark box as shown mark box as shown denotes home team denotes home team pro football - sunday, september 18, 2011 1 saints h – ½7 1:00 pm 2 bears + ½7 3 lions h – ½8 1:00 pm 4 chiefs + ½8 5 jets h – ½9 1:00 pm 6 jaguars + ½9 7 bills h – ½4 1:00 pm 8 raiders + ½4 9 redskins h – ½4 1:00 pm 10 cardinals + ½4 11 ravens – ½6 1:00 pm.

Before you can learn how to make parlay cards, you need to have a good understanding of what a parlay is and how it works. I cover parlay bets, especially football parlays, in detail in the beginning of this post.

I offer advice about how to actually make the parlay cards later in this post, too.

(By the way, parlays are also often called accumulator or combination bets, but parlay is the most common term used in American sports betting.)

What Is a Parlay Card and How Do Parlay Bets Work?

A parlay bet is a single bet on multiple outcomes. It’s basically a combination of bets, and the parlay only wins if all the outcomes win. Those bets are listed on a parlay card.

Having multiple bets in play at one time provides you with a bigger payout, but you also have a smaller probability of winning.

I like to think of things in terms of casino bets, so I think of a parlay as being like a bet that you’ll win black twice in a row on the roulette table. If you win, you might get paid off at 3 to 1 instead of the usual even money action. But your probability of winning 2 bets in a row is obviously much lower.

But parlays are usually thought of in terms of sports. And most sports parlays consist of 2 to 10 different bets on the same card.

For example, you might choose 4 football teams to win their games this Sunday:

  1. Dallas Cowboys
  2. New Orleans Saints
  3. New England Patriots
  4. Tennessee Titans

You COULD just place a single bet on each of those games, and that would be fun.

But if you place a bet on all 4 of them on a parlay, you’ll win more than you would even if you won the 4 individual bets.

And you only win the parlay bet if you’re right about all 4 teams. If even one team on your parlay loses, you’ve lost the bet.

You could also face a situation where one of the games tie. That’s called a “push.” If that happens, you don’t lose your parlay, but you’re only paid off as if you’d placed a smaller parlay—it’s as if that game didn’t exist on your card.

In the example above, where you’re betting on 4 games at the same time, if one of the games resulted in a tie, you’d get paid off as if you’d bet on a 3-game parlay. It’s a smaller payoff, but that’s better than a loss.

Parlay Odds, Probability, and Payouts

It should go without saying that the more games on the parlay card, the lower your odds of winning are. That’s because the odds of multiple things happening get multiplied by each other.

Let’s say that each of the teams on your 4-game parlay above have a 50% probability of winning. The probability that all 4 of them will win is:

50% X 50% X 50% X 50%, or 6.25%. That’s the same thing as 16 to 1 odds.

A 4-team parlay bet usually pays off at 13 to 1. If you bet $100 on that parlay and won, you’d win $1300.

The payouts are correspondingly higher, too.

Notice the discrepancy between the odds on the payout and the odds of winning. That difference is the vigorish, or “vig,” which is where the sports book makes its money.

Here’s how that amounts to a profit for the book:

  • Take 17 parlays with those odds. The book collects $100 X 17 bets, or $1700.
  • Since the odds are 16 to 1, they only expect to pay off a player once, for $1300.
  • The other $400 is profit. Divide that $400 by 17 bets, and the book makes an average profit of $23.52.

That’s not a bad profit margin.

In most gambling businesses, the company makes its money by offering payout odds that are lower than the odds of winning. If you think of the odds as being similar to a fraction, you’ll understand why 1 in 16 is smaller than 1 in 13, even though 13 is smaller than 16. (It’s the same thing as saying 1/14 or 1/17.)

A 10-team parlay can make for a huge payout, by the way. A payout of 825 to 1 wouldn’t be unusual for such a bet, but the probability of winning that bet are bigger than that—1023 to 1.

Bet $100 on a 10-parlay, and you’re looking at winnings of $82,500.
This is a profitable parlay for the sportsbook, too, if you look at it statistically:

They bring in $102,400 and only pay out $82,500, for a profit of $19,900. That’s an average profit of $19.43 per bet.

The book makes a smaller percentage profit, but on that kind of action, they can afford a smaller percentage profit.

If you think of it in terms of “the house edge,” like you would a casino game, you’re talking about a house edge that’s still 19.43%.

If you’re good at picking winners, you could theoretically make a profitable bet on a parlay. If, for example, you’re right 55% of the time instead of 50% of the time, your probability of winning the 4-game parlay skyrockets:

55% X 55% X 55% X 55% is 9.15%, or about 11 to 1.

With a 13 to 1 payout, it’s easy to see how a bettor comes out ahead, statistically.

You place 12 bets, and you win 1 of them. You have $1200 invested, but on the one bet you win, you win $1300. That’s a profit of $100 over 12 bets, or $8.33 per bet.

Getting an edge of 8.33% when you’re gambling is huge, by the way. You can’t get an edge like that even if you’re counting cards professionally (unless you’re also doing things like shuffle tracking, edge sorting, and/or hole carding, but that’s an entirely different blog post.)

What Kind of Parlay Cards Can You Make?

Half point parlay card

So far, the only examples I’ve used have been for bets on who’s going to win a football game. Parlay cards aren’t limited to the most basic bets, though. You can also place any of the following parlays at various sportsbooks:

  1. Moneyline
  2. Over/under
  3. Pleasers
  4. Point spread
  5. Teasers

A moneyline bet is one that doesn’t account for the point spread. You bet on who’s going to win, regardless of the strength of the teams. The payouts for bets on the favorite in a moneyline bet are smaller—sometimes MUCH smaller.

But if you can find an underdog or 2 that are going to pull off an upset, you can get a big payout on a parlay made up of moneyline bets.

An over/under bet is a bet on the total points scored in a game. The over/under is set by the handicappers at the sportsbooks, who project the final scores of each game. To get the total, you just add the scores for both teams together.

If the handicappers expect a high scoring game, the over/under will be a higher number than if they expect a low scoring game. Theoretically, the over/under number is set in such a way to give you a 50/50 probability of winning.

Combining multiple bets on the over/under can be a fun way to place a parlay bet.

A pleaser is a point spread bet where you’re given the opportunity to move the point spread to make it more likely that the book will win. You get a higher payout if you win, though.

A point spread bet is a bet on who’s going to win the game, but the strength of the teams are accounted for by giving the underdog points. This is the most common way to place a football bet, and if you’re making a single wager, you get an even money payout.

The point spread is set (theoretically) so that you get a 50/50 probability of winning.

A teaser is like a pleaser, only instead of moving the point spread to favor the book, you get to move the point spread to favor you. You get a lower payout if you win, though.

Teasers and pleasers are also available for over/under bets.

How to Make and Print Your Own Parlay Cards

You can find various websites where you can create your own parlay cards and print them. It would be best to print them on cardstock if you go this route.

Some of these sites even offer you parlay cards that already have all the numbers on them, but you can also choose to create your own numbers with their software.

ParlayCardsNow.com is one site which offers either option. You just input how you want the header to read, the name and date you want printed on the card, and your organization’s logo.

Then you have multiple lines where you can input the favorite and the underdog for each game in the parlay. You can also include the line (the point spread) and the over/under. Finally, you would include a section for the rules of the parlay and the payouts for the winners.

The parlay cards come out as PDF’s when you use the software on this site to create your parlay cards. They suggest that you uncheck the box that reads “fit to printable area,” as different printers have different parameters.

Parlay

For their standard cards, this site uses Vegas odds, and the payoffs are as follows:

Of course, websites like this are in business to make money. They charge fees to access these cards, which can be bought on a weekly, 4-week, or season basis for $20, $60, or $140, respectively.

Another option would be to just find someone who has a little knowledge of how to create printable forms in Excel and have them design printable parlay cards for you. You’d probably need to give them an example to work from, but it wouldn’t be hard for them to create something you could use and re-use.

You’d be responsible for finding the point spreads for the games on the parlay card, though. This might be more trouble than you want to go to, but if you’re doing a lot of business taking action on parlays—maybe you’re getting your own bookmaking operation going—it’s probably worth the investment.

Conclusion

A parlay bet is one of the most entertaining bets a sports bettor can make, so if you’re running a bookmaking operation—even on a small basis—it’s probably worth offering these. It’s a combination bet that only pays off if the bettors gets all the bets in the combination right.

The trick is to design a payout structure that gives you a positive expectation. All professional sportsbook operations do this without much effort. That’s what their handicappers are for.

If you’re an individual sports bettor, you don’t have to worry about printing your parlay cards. The bookie you’re doing business with should be able to provide you with them. The trick is to beat the odds and win the payout.

The easiest way to make parlay cards is to use a subscription-based site that offers such functionality. Failing that, you just need to find a spreadsheet guru who can create fillable forms for you to use.

AcesAndEights

I doubt that is the issue. What I suspect happened is that the sports books got clobbered on the half point cards last week because so many of the hot sides won. This week they are exercising more restraint.
About me getting blamed for ruining another advantage play, how come nobody ever throws that stone at Ed Thorp for writing Beat the Dealer? There were groups who figured out counting before that book. After it was published, the rules were depressed for everybody.


I actually wasn't criticizing you at all for publicizing this play, although I can see how it would have looked that way. My apologies.
My post was more along the lines of not putting too much information about yourself and your betting activities out onto the internet. For example, if I were a serious card counter, I would never post the next day any details about my previous days' play, just in case an employee of said casino happened to be trolling this forum. It would not be hard to match up the facts ('I was betting $10 units with a 1-20 spread, I went down big but then made a pretty good comeback to win about $200' along those lines) and then, I would be done at that house for the foreseeable future. Even as a very amateur card counter I avoid those posts, and wait a few weeks if I have a really juicy story or have a question about some specific situation I was in.
Half Point Parlay CardAnyway, I'm thinking the same caution might be prudent in sports betting. I never give casinos too much credit, so I doubt many of them know that the kind of parlay cards you're turning in have a player advantage. But if they happened to be trolling this forum...and remember that some guy came in yesterday with a card that looked a lot like this:
Quote: Wizard

Titans +4.5
Broncos -4.5
Bucs +8.5
Cardinals +3.5
Seahawks -4.5
Browns -6.5
Jaguars +7.5
Falcons +3.5


...and then read up on the analysis and see that these cards are pretty lucrative...maybe next week they don't take any cards at all from you. Know what I'm saying?
Granted you are older than I and have been in the gambling business a lot longer. So, take my feedback with a grain of salt.
'So drink gamble eat f***, because one day you will be dust.' -ontariodealer
Wizard
Administrator

My post was more along the lines of not putting too much information about yourself and your betting activities out onto the internet. For example, if I were a serious card counter, I would never post the next day any details about my previous days' play, just in case an employee of said casino happened to be trolling this forum.

Delaware Lottery Half Point Parlay Card


I post my plays to educate my readers what I'm doing with actual examples. It is more important to me to help others win money than win it myself.
On a related topic, here is a quote from After 20 years as book director, retiring Walker learned to say no
Quote: Robert Walker

The pros that sneak people in here at night ... our biggest parlay card players the last few years have been elderly women who come in with stacks of cards and play round-robins on games that we're 2-3 points off,' Walker said. 'It's people that you wouldn't normally associate with taking a shot at you. The pros have gotten to our casino players, and they've tried everything.

It's not whether you win or lose; it's whether or not you had a good bet.
AcesAndEights

I post my plays to educate my readers what I'm doing with actual examples. It is more important to me to help others win money than win it myself.


Fair enough. In my opinion, your obligation as a 'gambling educator' should end at describing the potential play and the mechanics involved, including the math and the theoretical edge and variance. I don't think you need to post the specific plays and parlay cards every week, but of course that's up to you.
'So drink gamble eat f***, because one day you will be dust.' -ontariodealer
Wizard
Administrator

What Is A 1/2 Point Parlay Card

I don't think you need to post the specific plays and parlay cards every week, but of course that's up to you.


I may not need to, but I'm a believer in teaching by example.
It's not whether you win or lose; it's whether or not you had a good bet.
Buzzard

I may not need to, but I'm a believer in teaching by example.


Half Point Parlay Cards Football

Then can I safely assume you will not be betting against a safety in the Super Bowl this year. Just asking !
Shed not for her the bitter tear Nor give the heart to vain regret Tis but the casket that lies here, The gem that filled it Sparkles yet
KeyserSoze

Then can I safely assume you will not be betting against a safety in the Super Bowl this year. Just asking !


I don't know about the Wizard, but I will bet NO SAFETY in the Super Bowl. The price should be very good this year.
Talent hits a target no one else can hit; genius hits a target no one else can see.
Wizard
Administrator

I don't know about the Wizard, but I will bet NO SAFETY in the Super Bowl. The price should be very good this year.


Indeed, I will bet it again. The fact that three out of the last five Super Bowls have had safeties does not deter me. However, I will have a fresh look at the data, to see if there was an increase in safeties during the 2013 season. I'm also hoping to see better lines. I am hoping to lay only 6 to 1 this time.
It's not whether you win or lose; it's whether or not you had a good bet.
thecesspit

I don't know about the Wizard, but I will bet NO SAFETY in the Super Bowl. The price should be very good this year.


Yeah, I worried I won't get around 10-1 on a Safety this year. I'll still make it unless it's under 4-1, it's my favourite bet of the year to make.Parlay
'Then you can admire the real gambler, who has neither eaten, slept, thought nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire for a coup at trente-et-quarante' - Honore de Balzac, 1829
LarryS
I am rather new...please fill me in about the 'no safety bet'....I know what the bet is....but I was just wondering if its just a wtf bet, or is there a well thought out reasoning behind betting it one way or the other?
Wizard
Administrator
Weekk 14 Suncoast and Rampart half-point lines from rudeboyoi:


Sun coast:
Jags +3.5
Redskins +3.5
Vikings +6.5
Raiders +2.5
Colts +5.5
Panthers +3.5
Lions +2.5
Dolphins +3.5
Bills +2.5
Titans +12.5
Rams +6.5
Giants +3.5
Seahawks +2.5
Bears +.5
Ramparts only difference is Monday nights game cowboys +.5 instead of bears +.5


Quote: LarryS

I am rather new...please fill me in about the 'no safety bet'....I know what the bet is....but I was just wondering if its just a wtf bet, or is there a well thought out reasoning behind betting it one way or the other?


Half Point Parlay Cards

We'll be discussing that when Super Bowl props come out. Start saving your money now to bet the NO.

Half Point Parlay Card Delaware

It's not whether you win or lose; it's whether or not you had a good bet.