They picked some spots they thought would win and when that $10 they tossed out the window all of a sudden becomes “real” at $500, it’s great. Not everyone is doing so many parlays they need to work the numbers and compare odds at different sites. If you wouldn’t (at least not at that size), then take the cash out and run.Įdit: a few of you need to quit the “you’re not long enough” gatekeeping you’ve got going on. Just ask yourself if you would make that one incremental bet with the cash out option. Too many people get wrapped up in the hype. All else equal, if that $600 was in your pocket, would you bet it all on that Sunday night bet at -150? Or would you maybe only bet $50 instead of 12x as much? If so, pull the money and run. The past is the past (almost the opposite of a sunk cost). This means all of the rest of the parlay is useless. You have an offer to walk away with $600. Here’s where rational thought needs to come in play. (But oh man, just one more win and I could almost double it!!) Now your site (FanDuel typically) is giving you an offer - $600 to cash out now. Your $10 parlay is just ONE SUNDAY NIGHT WIN away from $1000. In the afternoon, you hit on all of the first five! You’re excited. Numbers are made up, but here’s an Example: you put up a six team NFL parlay. There’s only one rational way to look at these.
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