What is a Correlated Parlay?
by Ultimatecapper.com
We've had players email us in the past asking what correlatedparlays are and why their sportsbook won't accept them.
The reason SOME online sportsbooks won't accept them is becausewinning one part of the bet significantly increases the chanceof winning the other part(s).
With that being said, some sportsbooks do allow them. Let'stake a look at a couple examples to give you a better idea ofwhat a correlated par is:
Example 1: Parlaying 2 lines that havesome relation to one another. If you expect a high scoring gameand you bet -1.5 along with the OVER. Or betting an OVER for the1st half + OVER for the game.
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Example 2: Let'ssay there are three hockey games today and that the "salami" ofthose three games is a total of over/under 17.5 goals. (In caseyour wondering what the hell a "salami" is, it's a bet in whichyou can take the over or under for total goals scored for allhockey games for the day.)
Parlaying all 3 games to go over the total wouldbe acceptable in the eyes of the bookie. Parlaying any game overWITH the salami over would become a "correlated parlay." If abook were to allow the salami parlayed with all 3 overs ( thiswould be a 4-teamer), the salami is a gimme (nearly doubling thepayoff). The 3 games can't go over without the salami going over,so that's 100% correlated to the games. One game over is correlatedbut it can still lose. Any book taking this stuff will lose money.
Many things are correlated, but not enough toovercome the vig. Betting every MLB dog -1.5 runs and over hascorrelation, but not enough to win, some books will take that,many won't. You could reverse above to under bets as well andit'd be the same as our examples using the over.
Hopefully this answers your question!
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