VIEW FOOTBALL PARLAY CARD SAMPLES. 2-,3-, and 4-card per sheet formats. Parlay and Teaser options. 1- and 2-sided formats. 8.5 inch, 11 inch, and 14 inch card options. Whole number and half point card options: Ties Lose and Ties Push. All parlay card formats come in PDF or Excel (Excel files are editable). A 'Parlay' bet is a bet placed on multiple outcomes to occur. For a Parlay bet to win, all outcomes within the Parlay must be selected correctly. The winner of the Point Spread is the team who 'covers' the Spread based on the line and the final score. For example, if Indiana and Chicago are playing a basketball game and the line is -5.5 for.

Half Point Parlay Rules

262 STUDIES IN INDUCTIVE LOGIC AND PROBABILITY 71 -.' Logikk og Sannsynlighet' (in Norwegian), Nordisk Mat. Tidskrift 17 (1969), 71-81. Remarks on Logic and Probability', in Logical Theory.

A statement repeated on betting forums often is “if buying
half-points were +EV the bookmaker wouldn’t sell them”. This
is just another football betting myth. In this article I’ll discuss buying
half-points for NFL football betting in great depth, touch on
college football, and teach you easy to follow
football betting strategy for buying half-points.

Buying Half Points Explained

• To get the parlay odds for our three-leg wager we now need to multiply these odds together. 3.00 x 3.50 x 1.63 = 17.12. To discover what the American odds for this parlay would be we need to convert it back by multiplying by 100 and then subtracting 100.
• Half Point Parlay Cards What distinguishes half point parlay cards from other parlay cards is every point spread or total always ends in one half. Thus, there can never be a tie. Most places call these a '1/2 Point Parlay Card,' but some just title them a 'Parlay Card.'

Most online betting sites (Bovada being the exception) allow
bettors to purchase half-points from a point spread starting at
10-cents each. So for example, if the point spread is -6.5 -110
you can purchase a half-point bringing it to -6.0 -120, or 2
half-points bringing it to -5.5 -130. If the point spread is
+4.5 -105 you can purchase to +5.0
-115 or +5.5 -125. Now there are some exceptions to this.

For good reason
3 points is the most common margin of victory in football,
purchasing across it either costs more or is restricted.
Generally speaking it costs 25 cents for buying on or off
the 3. So +2.5 to +3.0, +3.0 to +3.5, -3.5 to -3.0 and -3.0
to -2.5, those four half point moves cost 25 cents per half
point. At some sites this is true only for NFL football, and
not college football. For
example, BetOnline charges only 15 cents for those four
mentioned buys when the league is college football.

The
majority of online betting sites now charge 15 cents for
buying on or off the 7; specifically, +6.5 to +7.0, +7.0 to
+7.5, -7.5 to -7.0 and -7.0 to -6.5. A few sites charge
more, for example Pinnacle Sports most often charges 17
cents for half-point buys involving the 7. It should be
noted this is a rather new premium. I’ve found many local
bookies in the US still sell these for 10 cents each, but
online 15 cents or greater is standard.

The Value of Half Points

Finding the fair value of a
half-point purchase requires two things 1) a push chart and 2)
trivial mathematics. The table to the left is a push chart I
created for NFL football; I’ll discuss push charts briefly later
in this article. As far as the math goes we’ll need to first
calculate our implied probability using the formula
risk/return=implied probability, where return is stake+win. For
example: -110 is risk $110 to win $100; the return is $210 ($110
stake + $100 win). So for -110 the implied probability is
110/210=0.5238 or in other words 52.38%. This tells us at odds
-110 we need to win 52.38% of the time to break even.

Calculating the value of a half-point buy is now a matter of
simple mathematics, so long as we already have a push chart.
Considering we have one, let’s a take a look at the value of
moving a point spread from +6.5 -110 to +7.0. On the NFL push
chart I just provided you’ll see the favorite wins by 7 points
5.7% of the time. Now considering at +6.5 we lose on a -7
outcome, and now we push at -7 we’re going to take half the 5.7%
probability and add it to the 52.38% implied probability of
-110.

Why only half? If we were moving from +6.5 to +7.5 we would
take the full 5.7% value. However moving +6.5 to +7.0 we can
only take half because on that number we push not win. Our
opponent (the bookmaker) who has -7.0 also pushes. So half the
5.7% is in his -7.0 line, and half the 5.7% is in our line of
+7.0. The same would be true moving +7.0 to +7.5; we take half
the push probability of 7, because we’re going from a push on 7
to a win on 7. Our increase is half the probability. When
dealing with half points we’re always either moving off a push
(and therefore take half the probability of the number we move
off of) or onto a push (and therefore take half the probability
of the number we move on to).

So in this case of +6.5 to +7.0, half of 5.7% is 2.85%. We
add this 2.85% to the +6.5 -110 implied probability 52.38% to
get a new +7.0 implied probability of 55.23%. If you go to our
odds converter and plug 55.23% into the implied probability
field you’ll see in American odds this is -123. This tells us
moving +6.5 -110 to +7.0 is worth 13 cents. It also tells us
that +6.5 -110 and +7.0 -123 have the same expected value.

An Important Lesson

When moving -110 to -123 the line moved 13 cents. I want to
make it clear that cents are a meaningless evaluation figure. To
best illustrate why, please allow me to exaggerate the point. We just
showed that increasing a 52.38% probability 2.85% moves the
American line 13 cents. Let’s say however the line was +6.5
-280, which is risk $280 to win $100. Using Risk $280 / Return
$380 = Implied Probability we see the implied probability of
-280 is 73.68%. If we add 2.85% to this we get a new implied
probability of 76.53. Go to our odds converter, plug in 76.53%,
and you see this is American odds -326. So the same 2.85%
increase in this case moved -280 to -326, and therefore was worth
46 cents, not 13 cents.

The lesson I’m attempting to give is the value of half points
are progressive. If the line starts at -105 the value of a half
point is less than if it started at -110; if the line starts at
-115, then it’s worth more. Likewise, when making multiple-half point
purchases each half point purchased has greater value than the
last. If betting sites didn’t limit the number of half point we
could buy at 10 cents each, we could purchase a ton of them to
the point all bets we make are +EV. I’ll come back to +EV
half-point buys in a bit, but first let me cover the best betting
sites for purchasing half points.

Best Betting Sites for Half Point Purchases

For the most part any betting website selling half-points at
25-cents for point spreads involving +3/-3, 15-cents for point
spreads involving +7/-7 and 10 cents for all other point spreads
is ideal. However, there are small little intricacies that make
some sites more ideal than others.

BetOnline.com – While many online betting sites only allow
bettors to purchase two or three half points at 10-cents each,
BetOnline actually allows punters to purchase four. Remember the
lesson earlier, because the value of half points is progressive
each one you purchase is worth more than the last. So the fact
that they sell four for 10 cents can be a huge plus. They also only
charge 15-cents (instead of 25 cents) on college football point
spreads involving +3/-3, and also don’t charge a premium on the
+7/-7 for college football either, offering 10 cents instead of
the 15 cents many other sites charge.

JustBet.com – Although not as ideal as BetOnline, JustBet is
decent for half point purchases. Here you can purchase
3-half-points maximum at 10 cents each, and they charge just 20
cents for the three on college football.

TopBet.com – Topbet ranks #1 on our list of
sports betting bonuses, but when it comes to half point buys
here you’ll want to stick to only purchasing a maximum of 2
half-points or buying 5 or 6. This is because at TopBet the first
two cost 10 cents each and the remainder cost 15 cents each.
This makes buying 3 or 4 poor value, but buying 5 or 6 will
often offset the loss in value.

5Dimes.com – 5Dimes is the nuts when it comes to half point
buys. This is because they price half points unique depending on
which point spread you’re crossing. They also allow bettors to
purchase them unmatched in the industry 10-20 half-points per
game. They are a reduced juice sportsbook, and you’ll
quite often find the best value here.

I should note that while we love them for their great odds on
football teasers, Bovada.lv isn’t a good site for buying
half points. This is because very rarely do they even offer the
option, and when they do it’s only on low value numbers such as
buying +8.5 in NFL to +9. If you use them for other reasons,
just avoid their half point buys.

Buying Half Point Strategy

I’ve already covered how buying half-point works and how to
calculate their value, but I haven’t discussed push charts. It’s
worth noting that season to season NFL push charts don’t change very
much and mine was last calculated going into the 2012/13 season,
so it should be good for at least a few years. When dealing with
college football you have two options #1 create a push chart, or
#2 remove vig from Pinnacle Sports.

For this you’re going to
need a massive amount of historical data. One option to obtain
this is by purchasing access to ATSdatabase.com for $49.00 for one
month or $99.00 for a year. I personally don’t find their
service worth much and some of their data needs cleansing so
paying $49.00 for one-month, followed by ripping all the data and
putting it into your own excel spread sheets is probably best.
From here what you’ll need to do is find all similar games
(paying attention to their over/under betting total as well as point spread), and then
see how often they won by the related numbers. So, you might
make push charts for totals under 44, totals 44.5 to 55.5, and
totals over 56. From here you can take all points spreads +1.5 to -1.5
of the number you’re looking to calculate for, and see how often
they won by that number.

This is a far better
option. If you’re from the US just register a fake account at
pinnaclesports.com, because they don’t accept US bettors; having
an account gives you access to their dynamic lines. At Pinnacle
the option to both buy points and sell points is available, and
Pinnacle is a very sharp reduced juice betting site. Here you
can change the point spread to any increment and then use the
remove vig calculator contained in the lower section of my
article on
handicapping the betting market. So for example, on a
betting line of -7 we first calculate their no vig -7/+7 price.
We then calculate their no vig price on +6.5 and -6.5, and then
on +7.5/-7.5. Here we can note the changes of what they’re willing
to let us buy and sell points at to see how much chance they’re
giving the seven pushing.

Proof Buying Half Points Can be +EV

Let’s take case of a point spread that’s +9.5 -110. As
already covered earlier in this article the implied probability
of -110 is 52.38%. I also provided a push chart that showed
-10/+10 pushes about 4.9% of the time. If we decided to purchase
two half points bringing the line to +10.5, our implied
probability is 52.38%+4.9%=57.28%. If we plug this new
percentage into our
odds converter we see in American odds format this is -134.
If the bookmaker was charging the fair price for +9.5 to +10.5
he’d charge us -134, yet every betting site I know of sells
half points moving from +9.5 to +10.5 which costs just -130. If we
already thought +9.5 -110 was a neutral or better value bet,
we’d be foolish not to purchase two-half points here because doing
so lowers the bookmaker’s advantage.

Now considering 14 also has a 4.9% probability we can now
determine the following 4-half point buys are always must
purchases.

1. When betting +9.5 -110 always buy to +10.5 -130
2. When betting -10.5 -110 always buy to -9.5 -130
3. When betting +13.5 -110 always buy to +14.5 -130
4. When betting -14.5 -110 always buy to -13.5 -130

Although these are the best half point buys there are others.
Let’s take the example of a point spread +6 -115. The implied
probability of -115 is 53.49%. If we were to buy this to +7.5 we
would take half the probability of 6 which is 3.4%/2=1.7% and
the full probability of 7 which is 5.7%. So, 53.49%+1.7%+5.7%=
60.89%. Using our odds converter we can see that 60.89% is -155.6 in American
odds format. At betting sites the move +6.0 to +6.5 would cost
10 cents where the next two cost 15 cents each, because they
involve the seven. So, 110+10+15+15=150; the betting site is
giving us -150 when we just calculate the fair price for the
extra points should have been -155.6.

To conclude, let me mention there’s still vig in the initial
lines of all these examples. However, in these spots buying half
points did lower the bookmaker advantage. If the lines was
already a +EV bet we made it better. Perhaps if it was slightly
-EV and we were on the fence we could make it +EV with the half
point purchase. The reason these numbers work is because I’m
dealing with common margins of victory and also purchasing
multiple half points (which remember each one you purchase has a
higher value than the last). You’ll want to avoid low value
numbers. When it comes to half-point buying, our target numbers
of 7, 10, 14, 17, and 21. If we can use multiple half points to
cross these numbers more times than not we’re increasing the
value of our wager.

This concludes my article on buying half-points in football.
If you’ve read this article in full, understand it, and are
interested in buying half points for value I suggest also
reading the following articles:

How does a Parlay work?

Select as few as two or as many as fifteen teams and combine them in one wager. All selections must win for your parlay to be successful. You can combine spreads, totals and moneylines.

What are the advantages?

The benefit of the parlay is that it gives a much higher payoff than if you were to place each bet individually since it’s harder to win all your selections.

Conditions:

• If there is a tie or no action, the parlay reverts to the next lowest number for pay-off, for example: if you select 4 teams and one of those ties, it becomes a 3 team parlay. A tie and win on a 2 team parlay pays out as a straight bet.
• You cannot combine ‘connected’, ‘dependent’ or ‘correlated’ events in the same parlay.

Payout Table:

The odds quoted in the pay-off table below only hold true if all selections in the parlay are at the standard price of -110 (football and basketball spreads and totals).
Variations in the prices will cause variations in the pay-offs.

Calculating a Parlay:

If the odds in the parlay are not all -110 then the (true) parlay odds are calculated according to the different prices. This is done by multiplying the prices of the selections together, but remembering to include the stake amount. Let's assume you place a $10 parlay on 2 selections, with odds of -180 and +250. The calculation to work out your return is as follows:

First of all, convert the odds into decimal format (just use our decimal format option to view your odds):

With ‘favorite’ prices (denoted by a – (minus) sign):

100/180 = 0.556 and add 1 (to include the stake) = 1.556

With ‘underdog’ prices (denoted by a + (plus) sign):

250/100 = 2.5 and add 1 (to include the stake) = 3.5

Then, to find your total potential return, multiply these odds together and with the stake: 1.556 x 3.5 x $10 = $54.46

Progressive Parlays

A Progressive Parlay is very similar to a normal parlay but, in exchange for not getting as big a payout for picking a perfect combination, you are getting insurance for those occasions when one or more of the teams in your parlay loses.

These can be between 4 and 12 teams but you can onlychoose point spreads (no totals or moneylines). In these parlays you can lose games and still win the bet because the payouts are lower.

4 - 6 teams... you can afford ONE team to lose/push
7 - 9 teams... you can afford TWO teams to lose/push
10 - 12 teams... you can afford THREE teams to lose/push

The Progressive Parlay Payout Table

Below the table in American Odds:

Please note that Progressive Parlays also differ from regular parlays in the following ways:

• Progressive parlays are not available for MLB, NHL or money-line wagers in football or basketball.
• In a Progressive Parlay, a push or a tie is considered a loss for that selection. However, if a selection has no-action (due to postponement or cancelation), the bet will revert to the next lowest progressive parlay for payoff, except in the case of a 4 team progressive parlay where it results in a no-action on the whole parlay.

Round Robin Parlays

How a Round Robin Parlay works:

Make between 3 and 6 selections and wager on some or all of the possible parlay combinations in one go. Each of the parlays comprising the Round Robin is a separate wager.

You can combine spreads, money lines, totals and different sports in Round Robin parlay bets.

Example:

A three-team Round Robin bet for $10 placed two-ways would consist of all the two-team parlays that can be made from the three teams selected. Taking the Colts, the Eagles and the Giants (all to cover the spread) two-ways, you would be creating three separate two-team parlays and the total cost of the bet would be $30:

With the above example in mind, you also have the option to place a three-way Round Robin side bet to increase your potential payout (a three-team parlay including all three teams). If you wish, you may risk a lower amount on this 3-way bet, as it may be harder to win:

With the selection of 4, 5 or 6 teams, further combinations are possible:

To place a Round Robin Parlay please follow these steps:

1. Log-in to your account
2. Choose the sport type on which you wish to bet
3. Add your selection(s) to your betting ticket by clicking/tapping on your selected odds/prices on the betting card
4. As soon as you have made at least three selections Round Robin Parlay will appear on the Parlay tab visible at the top of the betting ticket.
5. Choose the required parlay combinations (2, 3, 4, 5 and/or 6-way) and the amount you would like to wager on each group of combinations.
6. Review your selection(s) again before clicking/tapping PLACE BET.

The table above illustrates the possible number of combinations for the different sizes of Round Robin. It is not obligatory to choose all combinations.

Furthermore, it is possible to vary the amount risked on each group of combinations. For example, if you are making a 4 team Round Robin with 2-way and 3-way combos, you may wish to bet a higher amount on the 2-way combos which are easier to hit and a lower amount on the 3-way combos in which it would be harder to be successful.

The total value wagered and total potential payout will be displayed on the summary on the lower right hand side of the window. Once you have submitted your wager, a range of Bet IDs will be provided. Please make a careful note of the range for wager tracking purposes. (Please note: Bet IDs within the range may not necessarily be sequential).

All Sport Parlay Wager

Half Point Parlay Delaware

The All SportParlay Card (also known as a Cross Sport Parlay Card) offers the opportunity to place a parlay bet on a variety of different sport-types including US and non-US sports. Log in to your account and click on PARLAY CARDS > All Sport Parlay Card to display all the lines we're currently listing for use between sport types.

Delaware Park Super Teaser Card

Alternatively, you may also be able to parlay events which do not appear together in the same parlay card. For example, bet soccer and baseball in the same parlay. Or parlay the 1st half lines of an NFL game with a boxing match.

Delaware Park Early Bird Parlay Cards

To do this, simply add to the betting ticket the line of one of the events you would like to parlay, let's say a boxing fight, from the BOXING + MMA section of the site, then go to theNFL area and add to the betting ticket the first half line you want, if they can be parlayed the system will show the option to do so in the betting ticket.

You will not be given the option to buy points on US football, basketball spreads or totals. The maximum bet allowed depends on the prices of the selections in the parlay. You can find out the maximum you can lay by clicking the max bet button. Events available on the All Sport Parlay Card may vary depending on the day and time.

Delaware Park Teaser Card Pdf

Note: Management reserves the right to limit the maximum amount wagered prior to acceptance of any bet.
No parlay wagers can be accepted where individual wagers are 'connected', 'dependent' or 'correlated'. For further details, check 'correlated events'.