SBR Top-Rated Sportsbooks Recommended Books
1. Pinnacle Sports SBR Rating A+ Pinnacle Sports Review
2. The Greek Sports Book SBR Rating A+ The Greek Review
3. BookMaker SBR Rating A+ BookMaker Review
4. BetJamaica SBR Rating A+ BetJamaica Review
5. LegendZ Sports SBR Rating A+ LegendZ Review
SBR Posters' Poll - August 2008 View Complete Results
1. Matchbook 195 total points Matchbook Review
2. BetJamaica 182 total points BetJamaica Review
3. The Greek Sports Book 160 total points The Greek Review
4. Pinnacle Sports 130 total points Pinnacle Sports Review
5. 5Dimes 125 total points 5Dimes Review
Go Back   Sports Handicapping, Betting & Picks - SBR Forum > Sports Betting, Sportsbooks & General Discussion > Players Talk

Reply
 
Thread Tools Display Modes
Old 10-23-2007, 01:16 PM   #1 (permalink)
billy
SBR Rookie
 
Join Date: 10-22-07
Posts: 23
billy is offline
Default what the hell is a correlated parlays

never heard of it. sometimes to cover a bet i bet parlay to cover myself.
Reply With Quote
Old 10-23-2007, 01:23 PM   #2 (permalink)
BigBollocks
SBR MVP
 
BigBollocks's Avatar
 
Join Date: 06-11-06
Posts: 2,073
BigBollocks is offline
Default

Billy, the term correlated parlay generally refers to an underdog and the under, or a favourite and the over. For example, lets say LSU is -38 and the total is 54 against Tulane. One correlated parlay might be LSU -38 and the over 54, while another correlated parlay would be Tulane +38 and the under 54. Obviously if one occurs, there's a heightened chance the other leg of the parlay will also. Hope this helps...
__________________
We have punters on here that are so dedicated to this trade that they'll suck a 75 year old man off for gambling money. Now THAT'S commitment!
Reply With Quote
Old 10-23-2007, 01:27 PM   #3 (permalink)
billy
SBR Rookie
 
Join Date: 10-22-07
Posts: 23
billy is offline
Default

thanks
Reply With Quote
Old 10-23-2007, 01:32 PM   #4 (permalink)
Ganchrow
Moderator
 
Ganchrow's Avatar
 
Join Date: 08-28-05
Location: Forest Hills, NY, Home of the Blitzkrieg Bop
Posts: 4,813
Ganchrow is offline
Default

Check out Parlays and Correlated Parlays.
__________________
Reply With Quote
Old 10-23-2007, 08:54 PM   #5 (permalink)
curious
SBR MVP
 
curious's Avatar
 
Join Date: 07-20-07
Posts: 3,480
curious is online now
Default

According to SBG Global, a correlated parlay is when the two teams play the same sport.
Reply With Quote
Old 10-23-2007, 09:19 PM   #6 (permalink)
HedgeHog
SBR MVP
 
HedgeHog's Avatar
 
Join Date: 09-11-07
Posts: 2,999
HedgeHog is online now
Talking

Quote:
Originally Posted by curious View Post
According to SBG Global, a correlated parlay is when the two teams play the same sport.
According to SB.com, it's any same game parlay. Winning pars push and losers stand.
Reply With Quote
Old 10-23-2007, 09:53 PM   #7 (permalink)
pats3peat
SBR Wise Guy
 
pats3peat's Avatar
 
Join Date: 10-23-05
Posts: 628
pats3peat is offline
Default

Like the total for first half and total for full game.
Reply With Quote
Old 10-24-2007, 05:58 AM   #8 (permalink)
louis
SBR Wise Guy
 
Join Date: 09-23-06
Posts: 666
louis is offline
Default

total for first half and total for full game, a sportsbook has a right to cancel before the game, in my opinion. The correlation is obvious and huge. But they need to list it in their rules as not allowed. I would never bet this even if a sportsbook forgot to not allow it. I don't like getting banned from a book, after they cancel my bet.

However, betting (over and fav) or (under and dog), these are popular parlays with the public, especially the (over and fav). What correlation there is - almost never overcomes the vig except in the case of high spread college games. Sportsbook.com just cancelled the bets from anyone with big net win from these popular parlays.

The books have no right to cancel these, and when they do they turn off not only advantage players but recreational bettors as well. Ideally the book would like both parts of the parlay to have no correlation. In reality, there is some correlation when parlaying total and spread but most books welcome the action; their 10% vig or whatever takes care of the correlation problem. WSEX, Olympic, 5 dimes all take bets that sportsbook.com uses as an excuse to steal.

Last edited by louis : 10-24-2007 at 06:13 AM.
Reply With Quote
Old 10-24-2007, 06:49 AM   #9 (permalink)
20Four7
SBR MVP
 
20Four7's Avatar
 
Join Date: 04-08-07
Posts: 2,363
20Four7 is offline
Default

Quote:
Originally Posted by curious View Post
According to SBG Global, a correlated parlay is when the two teams play the same sport.
LOL I like that one.
Reply With Quote
Old 10-24-2007, 08:20 AM   #10 (permalink)
curious
SBR MVP
 
curious's Avatar
 
Join Date: 07-20-07
Posts: 3,480
curious is online now
Default Further clarification from SBG

I wrote to SBG management to get further clarification on what consitutes a correlated parlay. They said:

"There are several cases. First, the teams involved are playing the same sport. Second, the players involved are of the same species. Third, the locations of the games being played are the same planet. We hope this helps clarify why we stole all of your winnings. Thank you for depositing money with us that you can never withdraw."

SBG Management
Reply With Quote
Old 10-27-2007, 12:49 PM   #11 (permalink)
jon13009
SBR Wise Guy
 
jon13009's Avatar
 
Join Date: 09-22-07
Location: USA
Posts: 783
jon13009 is offline
Default

Does this still fly?

Play 2 parlays on separate bets:
First parlay: favorite and over the total...
Second parlay: underdog and under the total...

"Now to qualify the games we use a simple mathematical calculation. The point-spread must be 33% or greater than that of the total in a particular game, and then we would have a qualifier."

Source:
Winning Parlay System

I think the NE/MIA game would qualify.

Looking at the lines, it looks like my book has blocked off the totals for that parlay..........

Last edited by jon13009 : 10-28-2007 at 10:48 AM.
Reply With Quote
Old 10-27-2007, 01:12 PM   #12 (permalink)
raiders72002
SBR MVP
 
raiders72002's Avatar
 
Join Date: 03-06-07
Posts: 2,853
raiders72002 is offline
Default

I consider NE/over correlated although there are some that say the percentage isn't high enough here.

Ark/over is huge if you can get it.
Reply With Quote
Old 10-27-2007, 01:30 PM   #13 (permalink)
curious
SBR MVP
 
curious's Avatar
 
Join Date: 07-20-07
Posts: 3,480
curious is online now
Default Would this work?

I wonder if the offshore books would allow this:

6 pick parlay:
Iowa St / Missouri OVER 56.5
Missouri -28.5
Fl Int'l / ARkansas OVER 58
Arkansas -40.5
Baylor / Kansas State OVER 59
Kansas State -26.5

And

6 pick parlay:
Iowa St / Missouri UNDER 56.5
Iowa St +28.5
Fl Intl / Arkansas UNDER 58
Fl Intl +40.5
Baylor / Kansas St UNDER 59
Baylor +26.5
Reply With Quote
Old 10-27-2007, 04:00 PM   #14 (permalink)
curious
SBR MVP
 
curious's Avatar
 
Join Date: 07-20-07
Posts: 3,480
curious is online now
Default

Quote:
Originally Posted by curious View Post
I wonder if the offshore books would allow this:

6 pick parlay:
Iowa St / Missouri OVER 56.5
Missouri -28.5
Fl Int'l / ARkansas OVER 58
Arkansas -40.5
Baylor / Kansas State OVER 59
Kansas State -26.5

And

6 pick parlay:
Iowa St / Missouri UNDER 56.5
Iowa St +28.5
Fl Intl / Arkansas UNDER 58
Fl Intl +40.5
Baylor / Kansas St UNDER 59
Baylor +26.5
I can't believe it, this looks like it has a chance. LOL Looks like Iowa State and Fl Int'l might cover. LOL
Reply With Quote
Old 10-27-2007, 04:21 PM   #15 (permalink)
curious
SBR MVP
 
curious's Avatar
 
Join Date: 07-20-07
Posts: 3,480
curious is online now
Default

Quote:
Originally Posted by curious View Post
I can't believe it, this looks like it has a chance. LOL Looks like Iowa State and Fl Int'l might cover. LOL
Oh well, it was fun while it lasted. Iowa St and Misery sure to get the OVER now.
Reply With Quote
Old 10-27-2007, 06:34 PM   #16 (permalink)
curious
SBR MVP
 
curious's Avatar
 
Join Date: 07-20-07
Posts: 3,480
curious is online now
Default

Okay, here is something that might work.

Find all the games where this Fav with the huge spread and OVER or Dog with the huge spread and UNDER is in play. I'm going to stick with the Fav and OVER for this example.

Label each of these games with a capital letter, A, B, C...etc.

Now treat each letter as one "side" and set up a 2 pick round robin of each of them.

Since each letter actually represents two picks, you have actually created 4 pick parlays instead of two. The Fav/OVER bets have to stay together for the same game.

This is what you would have had today:
Iowa St / Missouri A

Fl Int'l / Arkansas B

Baylor / Kansas St C

AB = Missouri -28.5 LOST 1 unit
Iowa St/Missouri OVER
Fl Int'l / Arkansas OVER
Arkansas -40.5

AC Missouri -28.5 LOST 1 unit
Iowa St / Missouri OVER
Baylor / Kansas St OVER
Kansas St -26.5

BC Fl Int'l / Arkansas OVER WIN 12 units
Arkansas -40.5
Baylor / Kansas St OVER
Kansas St -26.5
Reply With Quote
Old 10-27-2007, 06:40 PM   #17 (permalink)
Doug
SBR MVP
 
Doug's Avatar
 
Join Date: 08-10-05
Location: Earth
Posts: 2,225
Doug is online now
Default

Quote:
Originally Posted by curious View Post
I wonder if the offshore books would allow this:

6 pick parlay:
Iowa St / Missouri OVER 56.5
Missouri -28.5
Fl Int'l / ARkansas OVER 58
Arkansas -40.5
Baylor / Kansas State OVER 59
Kansas State -26.5

And

6 pick parlay:
Iowa St / Missouri UNDER 56.5
Iowa St +28.5
Fl Intl / Arkansas UNDER 58
Fl Intl +40.5
Baylor / Kansas St UNDER 59
Baylor +26.5
No book I know of will take that, esp. the +/- 40.5 leg of it, even the 26.5 is unbettable.
__________________
You Only Need Two Tools In Life - Wd-40 And Duct Tape. If It Doesn't Move And Should, Use The Wd-40. If It Shouldn't Move And Does, Use The Duct Tape.
Reply With Quote