Quote (Giannis @ Apr 10 2018 04:27pm)
a royal flush is a 1 in 60,000+ event, but progressive video poker machines have a return rate of over 100% to professional players because they know where to get edges
the same thing can be said for any astronomical odds parlay. some people can do it blindfolded sure, but obviously it helps to get edges where you can
You're comparing apples to coin flips.
You're referring to having an edge in sports gambling meaning you can pick winners 56% of the time or more. Assuming your parlay wasn't just a bunch of heavy moneline favorites. Nobody who submits 15 pick parlay is confident every pick will hit... Even if you thought you had an 80% chance to hit each Leg you're still defying odds and also sacrificeing value. The true odds of hitting such a large parlay are much higher than the payout. This, among other reasons, is why parlays are never considered a good idea.
And video poker can have a 100%+ return on certain games with certain payout using perfect strategy.