Beyer on Rainbow 6

[Port Conway Lane]

Originally Posted by jms62

That "small payoff" is now routinely at the point where it pays better then the Pick 4 which we have no problem throwing 75-100 at. Also am I the only one to think the "Parlay" in this respect is a mythical creature. Isn't the parlay plowing everything you won in the previous race into the next. Wouldn't that crush the odds by race 5 and 6. And to parlay would mean that you would have to hit six singles in a row to reach the "Parlay" payout .. Good luck with that. I'd be interested in hearing why I am way off base... Been there many times.

I'll use ateam's pick 4 to show why 4 singles in a row pays the same as his $30 investment would have when each play is parlayed.

Tampa 7
$.50 PK4 5,7,10/4,5,6,7/4,5,6,10,11/3
Starting with $10 to win on the three horses in the first leg...
1)winner paid $15.80 $79 return/4=$19.75 win on each entrant in leg 2
2)winner paid $31.20 $308.10 return/5=$61.62 win on each entrant in leg 3
3)winner paid $15.20 $468.312 return=$468.312 win on #3 in leg 4
4)winner paid $4.40 $1030.2864 returned on the parlay
$1030.2864 is the amount returned on a straight $0.50 win parlay.