A correlated way of making money with Futures

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  • SBR Lou
    BARRELED IN @ SBR!
    • 08-02-07
    • 37863

    #1
    A correlated way of making money with Futures
    If you are a futures player, or just someone that scans the market for future offerings, examining value, etc, here's a strategy that should prove to yield long-term financial success with your sports investing.

    Hunker down and find a team that you like to win the Championship of their respective sport, and NOT ONLY bet them to win the Championship, BUT bet them to win the game BEFORE the championship as well!

    An example:

    Yankees to win ALCS
    Yankees to win WS

    In most cases, this positive correlation will result in both bets being won, and if the first loses obviously the second is dead, so there are more ways you see to win both of these bets and this is a handicapping gem for your personal sports wagering investing handicapping evaluating prognosticating forecasting.



  • pat venditto
    SBR Posting Legend
    • 05-07-07
    • 14347

    #2
    Lou you never fail to suprise with your stupidity.
    Comment
    • SBR Lou
      BARRELED IN @ SBR!
      • 08-02-07
      • 37863

      #3
      Originally posted by pat venditto
      Lou you never fail to suprise with your stupidity.
      What part of my theorizing was incorrect in your assessment?
      Comment
      • onthewhat
        Restricted User
        • 05-14-08
        • 15411

        #4
        Comment
        • pavyracer
          SBR Aristocracy
          • 04-12-07
          • 82475

          #5
          All theories are valid until proven wrong.
          Comment
          • themajormt
            SBR MVP
            • 07-30-08
            • 3964

            #6
            What are correlated parlays? Ive seen books boot players for that and stuff.. what is it?
            Comment
            • smitch124
              SBR Posting Legend
              • 05-19-08
              • 12566

              #7
              Comment
              • UntilTheNDofTimE
                SBR Hall of Famer
                • 05-29-08
                • 9283

                #8
                Crazy it makes sense for instance this last NBA year i had money on " possible NBA finals match up" of lakers vs magic. I could have also took the magic to win the East and the lakers to win the West.

                A correlated parlay is when one event happening makes the other even more likely. A book will not allow you to take Over 100 in the first half parlayed with over 200 for the game because if the first event occurs the 2nd event is more likely to also occur. example if there were 110 points scored in the first half its likely over 90 would be scored in the 2nd. Thus these bets arnt allowed.
                Comment
                • MonkeyF0cker
                  SBR Posting Legend
                  • 06-12-07
                  • 12144

                  #9
                  Originally posted by themajormt
                  What are correlated parlays? Ive seen books boot players for that and stuff.. what is it?
                  It's parlaying events together, where if one were to occur, the odds of the other(s) occuring would be increased. Things such as +1.5 RL's or PL's and the under on low totals, or more simplistically, first half over with the game over would be examples of correlated parlays. Most books won't allow them to be placed. Their software blocks it.
                  Last edited by MonkeyF0cker; 08-13-09, 03:43 PM.
                  Comment
                  • themajormt
                    SBR MVP
                    • 07-30-08
                    • 3964

                    #10
                    OHHH gotcha!!! Thanks!
                    Comment
                    • themajormt
                      SBR MVP
                      • 07-30-08
                      • 3964

                      #11
                      So basically you could take an OVER for a game along with the first half over and get better odds than betting them straight up
                      Comment
                      • Mudcat
                        Restricted User
                        • 07-21-05
                        • 9287

                        #12
                        It's supposed to be funny as far as I can tell. Let's hope so.
                        Comment
                        • UntilTheNDofTimE
                          SBR Hall of Famer
                          • 05-29-08
                          • 9283

                          #13
                          NO books dont allow you to do these bets. But if you were allowed to do correlated parlays your % would improve
                          Comment
                          • smitch124
                            SBR Posting Legend
                            • 05-19-08
                            • 12566

                            #14
                            well Crazy didn't mention a parlay, thats what puzzled me. Obviously any book allowing such a parlay wouldn't be in business long.
                            Comment
                            • donjuan
                              SBR MVP
                              • 08-29-07
                              • 3993

                              #15
                              Yes, often times if a future to win a championship has value, a future to win conference/league/division will also. However, books won't allow you to parlay these bets and the correlation factor on straight bets is a negative thing, not a positive.
                              Comment
                              • UntilTheNDofTimE
                                SBR Hall of Famer
                                • 05-29-08
                                • 9283

                                #16
                                Mudcat what hes saying is this. Say you wanted to bet 10,000 on the Lakers to win the NBA championship you might as well drop 2500 on them Winning the west and 7500 on them winning it all. Both are correlated obviously if the event you want to happen occurs. And if they dont win it all you have a chance to get soem back if they atleast get there

                                Comment
                                • UntilTheNDofTimE
                                  SBR Hall of Famer
                                  • 05-29-08
                                  • 9283

                                  #17
                                  Originally posted by donjuan
                                  Yes, often times if a future to win a championship has value, a future to win conference/league/division will also. However, books won't allow you to parlay these bets and the correlation factor on straight bets is a negative thing, not a positive.
                                  I think hes referring to two separate bets. He didn't mention a parlay. Just said correlated plays.
                                  Comment
                                  • DacBietViet
                                    SBR MVP
                                    • 12-26-07
                                    • 3257

                                    #18
                                    Comment
                                    • MonkeyF0cker
                                      SBR Posting Legend
                                      • 06-12-07
                                      • 12144

                                      #19
                                      Originally posted by donjuan
                                      Yes, often times if a future to win a championship has value, a future to win conference/league/division will also. However, books won't allow you to parlay these bets and the correlation factor on straight bets is a negative thing, not a positive.
                                      Exactly.
                                      Comment
                                      • TPowell
                                        SBR Posting Legend
                                        • 02-21-08
                                        • 18842

                                        #20
                                        just to make sure, this isnt possible right?
                                        Comment
                                        • JerseyShop101
                                          Restricted User
                                          • 09-04-08
                                          • 2704

                                          #21
                                          Most books still consider parlays correlated -

                                          if you take the Dog with the Under if the dog points are 33% or more of the TOTAL.

                                          But some still take them.

                                          Comment
                                          • UntilTheNDofTimE
                                            SBR Hall of Famer
                                            • 05-29-08
                                            • 9283

                                            #22
                                            Tpowell whats not possible about it. if you think the titans will win it all this year you can make 3 separate bets if you wish

                                            Titans to win AFC South
                                            Titans to win the AFC
                                            Titans to win the Superbowl
                                            Comment
                                            • Iwinyourmoney
                                              SBR Posting Legend
                                              • 04-18-07
                                              • 18368

                                              #23
                                              mod of the year
                                              Comment
                                              • TPowell
                                                SBR Posting Legend
                                                • 02-21-08
                                                • 18842

                                                #24
                                                Originally posted by UntilTheNDofTimE
                                                Tpowell whats not possible about it. if you think the titans will win it all this year you can make 3 separate bets if you wish

                                                Titans to win AFC South
                                                Titans to win the AFC
                                                Titans to win the Superbowl
                                                you can do that?
                                                Comment
                                                • MadTiger
                                                  SBR MVP
                                                  • 04-19-09
                                                  • 2724

                                                  #25
                                                  That's why you have multiple outs.
                                                  Comment
                                                  • UntilTheNDofTimE
                                                    SBR Hall of Famer
                                                    • 05-29-08
                                                    • 9283

                                                    #26
                                                    Originally posted by TPowell
                                                    you can do that?
                                                    In separate bets yes, In a parlay, NO
                                                    Comment
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