Steve O
07-29-2004, 12:18 PM
So you figure a parlay is a sucker bet?
Maybe you should consider the payoff on two winning parlay bets made by a 52-year-old California man earlier this month.
The lucky bettor made about $80,000 on two parlays he made on July 3 with British-based bookmaker bet365.com. The first bet was a 12-team parlay for $25, the second was nine-teamer for $100.
The first bet earned the man more than $36,277. That shot up by 50 percent to over $54,000 courtesy of bet365's bonus offer.
The second bet earned the man nearly $19,000. That was boosted 35 percent to more than $25,000, again thanks to bonuses.
Both bets involved Major League Baseball games. Here is the breakdown of each ticket:
10-teamer:
Colorado -140 and Over 13.0 +105 (vs. Detroit)
Houston -160 and Over 8.0 -110 (vs. Texas)
St Louis -155 and Over 8.5 -105 (vs. Seattle)
San Diego -183 and Over 7.5 +115 (vs. Kansas)
Pittsburgh -125 (vs. Milwaukee)
LA vs. Anaheim Over 9.0 -130
Minnesota vs. Arizona Over 10.0 -110
Oakland vs. SF Over 9.0 +105
Nine-teamer:
Boston -176 (vs. Atlanta)
Texas vs. Houston Over 10.5 -115
Pittsburgh -153 and Under 9.0 +105 (vs. Milwaukee)
Cincinnati -160 (vs. Cleveland)
Detroit vs. Colorado Over 13.0 -105
San Diego -200 and Over 7.5 (vs. Kansas)
Minnesota vs. Arizona Over 11.0 +105
So, does this sort of thing happen often?
"Too often!" said John Coates, Chief Executive of bet365. "It maybe happens a couple of dozen times a year that we have parlay payouts (to small stakes) in excess of US$20,000."
bet365 has one customer in the Bahamas who has hit six 10-teamers in the last 10 months, in baseball, college football and college basketball. The payouts have ranged from $30,000 to $75,000.
In July, the bettor was right on 11 plays in a 12-team parlay, narrowly missing out on a $170,000 payout.
Maybe you should consider the payoff on two winning parlay bets made by a 52-year-old California man earlier this month.
The lucky bettor made about $80,000 on two parlays he made on July 3 with British-based bookmaker bet365.com. The first bet was a 12-team parlay for $25, the second was nine-teamer for $100.
The first bet earned the man more than $36,277. That shot up by 50 percent to over $54,000 courtesy of bet365's bonus offer.
The second bet earned the man nearly $19,000. That was boosted 35 percent to more than $25,000, again thanks to bonuses.
Both bets involved Major League Baseball games. Here is the breakdown of each ticket:
10-teamer:
Colorado -140 and Over 13.0 +105 (vs. Detroit)
Houston -160 and Over 8.0 -110 (vs. Texas)
St Louis -155 and Over 8.5 -105 (vs. Seattle)
San Diego -183 and Over 7.5 +115 (vs. Kansas)
Pittsburgh -125 (vs. Milwaukee)
LA vs. Anaheim Over 9.0 -130
Minnesota vs. Arizona Over 10.0 -110
Oakland vs. SF Over 9.0 +105
Nine-teamer:
Boston -176 (vs. Atlanta)
Texas vs. Houston Over 10.5 -115
Pittsburgh -153 and Under 9.0 +105 (vs. Milwaukee)
Cincinnati -160 (vs. Cleveland)
Detroit vs. Colorado Over 13.0 -105
San Diego -200 and Over 7.5 (vs. Kansas)
Minnesota vs. Arizona Over 11.0 +105
So, does this sort of thing happen often?
"Too often!" said John Coates, Chief Executive of bet365. "It maybe happens a couple of dozen times a year that we have parlay payouts (to small stakes) in excess of US$20,000."
bet365 has one customer in the Bahamas who has hit six 10-teamers in the last 10 months, in baseball, college football and college basketball. The payouts have ranged from $30,000 to $75,000.
In July, the bettor was right on 11 plays in a 12-team parlay, narrowly missing out on a $170,000 payout.