Would you buy a Parlay bet if you’re offered one?

[L E G E N D A R Y]

I don’t know if anyone has been in a tough situation like this before. A situation where someone offers to sell a parlay game that’s already halfway through.
Here’s what really happened, a friend of mine offered to sell a 10 leg parlay bet which is already halfway done, 6 games are already green with a pretty good cashout option and 4 games left to clear the slip. So he offered to sell the game to me, added an extra $50 to the cashout amount.

If the game eventually pulls off, I’ll be making more than 5x of what I bought it, but it’s a really tough decision to make because there’s really no guarantee that it’s gonna end in a win.
What would you do if you were in my shoes, Buy or Pass?

[Orpichukwu]

I can take the risk of paying exactly the amount which he was offered in the cashout. I can’t pay something higher; that’s the risk I can take. If the guy is so desperate to get the money, he can cash out and settle for the only amount which he was offered.

I have seen a similar situation where someone wanted to cash out a running game where he was already offered half of the potential winning amount with only 3 games left, and someone offered to buy the game with the same amount, and the bettor accepted. The buyer had faith in the game, but at the same time he was also reducing the risk he took. The game later played, and he was in profit, but these things always come with their own risk.

[Iranus]

If I were you, I wouldn't buy this bet just because I saw 6 greens. Just because the first 6 wins in a 10-leg parlay doesn't magically increase the probability of the remaining 4.

And 5x if you win thing wouldn't excite me too much either. Because buying just because of a big payout is gambling FOMO to me.

Another thing I would definitely ask is why is he selling to me instead of cashing out himself? 

[Mr_Brilliant$]

That's too risky. The thing is that if the game was so valuable, why is he selling it? Is he seeing something we are not seeing? Even if I buy the game, what's the guarantee that the game will play out. So many questions. If you actually buy the game, you're buying his risk not the guarantee that the game will play out. The risk is much greater than the reward. Because if the game was that valuable, why would he sell it? That's the better question for him to answer.

[Pandu Geddon]

I don't know how the situation of betting slip trading could happen. Are there people placing bets online and offering them to you? 
I don't know how all that could happen. If you buy at that price, you are also betting, but on bets made by other people. 

I have never done that. But I have bet with my friends on the outcome of parlay bets. So there are additional bets agreed upon with friends for the outcome of the parlay bet, whether it wins or loses.

[Ayers]

This offer is nothing but a clear trap, and your friend is trying to make you a perfect scapegoat. Quite simply - you should pass.

Whenever bookmaker offer Cashout on any Parlay game, they are already deducting the bookie's commission and showing much lower value. Your friend is trying to sell you an additional $50 on top of that already reduced Cashout amount! I feel like the bookie has already cut his pocket, and now he wants to cut yours

[WhoYouCantKill]

That's too risky. The thing is that if the game was so valuable, why is he selling it? Is he seeing something we are not seeing? Even if I buy the game, what's the guarantee that the game will play out. So many questions. If you actually buy the game, you're buying his risk not the guarantee that the game will play out. The risk is much greater than the reward. Because if the game was that valuable, why would he sell it? That's the better question for him to answer.

And if you predict your own game, what’s the guarantee that the game will play?
The point is, no one really knows what will happen next, even if the original player of the game has detected a potential threat which made him lose his confidence in the game, just as you suggest, there’s still no guarantee that it’ll happen exactly as he predicted, in the end it’s just all about taking risk. If the risk is worth taking and you believe you can handle whatever outcome that follows, then I don’t see anything wrong with taking the risk.

[Sim_card]

I wouldn't buy such bet because there's no guarantee that all the remaining games will play out as predicted. I will only advice him to cash out rather, than buying the slip from him. One thing you should know in gambling is that, our luck differs and you don't know if he made a mistake in his next game which is why he wants to make more money than the cashout offer.

[Alex077]

I don’t know if anyone has been in a tough situation like this before. A situation where someone offers to sell a parlay game that’s already halfway through.
Here’s what really happened, a friend of mine offered to sell a 10 leg parlay bet which is already halfway done, 6 games are already green with a pretty good cashout option and 4 games left to clear the slip. So he offered to sell the game to me, added an extra $50 to the cashout amount...

I think I’d probably pass  this, maybe six winning events out of ten definitely looks attractive, especially when there’s already a decent cash-out amount in front of you. There’s nothing strange about that, but in that case, you’re basically not buying an “almost winning parlay” - you’re buying four bets that haven’t been played yet, tied together by an all-or-nothing condition.

So I wouldn’t pay too much attention to the fact that the first six events have already won.  If that price is higher than the current cash-out amount, then the odds would have to be really attractive to justify the extra risk.

And I definitely wouldn’t pay another $50 on top of the current cash-out amount just because I could potentially make five times more. A big potential payout by itself doesn’t necessarily mean it’s a good bet.

[Oshosondy]

So he offered to sell the game to me, added an extra $50 to the cashout amount.

What do you mean with this sentence? You mean the bettor added $50 to the amount he want to cash out and sold you the bet slip? I believe I am wrong with this but I will like you to explain better.

We can not just decide if you should buy the bet slip, you will need to let us know the four matches left to be played?

[L E G E N D A R Y]

If I were you, I wouldn't buy this bet just because I saw 6 greens. Just because the first 6 wins in a 10-leg parlay doesn't magically increase the probability of the remaining 4.

And 5x if you win thing wouldn't excite me too much either. Because buying just because of a big payout is gambling FOMO to me.

Another thing I would definitely ask is why is he selling to me instead of cashing out himself?  

Well he claimed he has an emergency and urgent financial need he needs to attend to and wanted some quick cash to sort out that emergency, he also said he would have waited for the game to play through if he could be the game would finish in the next 2 days and that he’s confident about the game.

Although I also understand your concern to why you think buying the game is a bad idea, because that’s actually the same thing that’s on my mind, I couldn’t really come to any conclusion yet, that’s why I brought it here to hear other answers and POVs too.

[Dr.Bitcoin_Strange]

The truth is, I can not buy a parlay bet from someone because the possibility that the outcome will be successful is not clear but that's not just the reason, I don't see myself doing that. Maybe I can sell my own parlay bet depending on what the situation was at that moment but to buy from someone is what I can not do. Logically, before someone will come to you with this offer, probably they are in desperate need of money, right? If that's the case, I can decide to offer the person a loan with an agreement that they will repay me with an agreed interest later on whether they lost or win the bet, that put me at a low risk of getting my money back, instead of putting my self in a high risk situation where I could lose my money.

[L E G E N D A R Y]

So he offered to sell the game to me, added an extra $50 to the cashout amount.

What do you mean with this sentence? You mean the bettor added $50 to the amount he want to cash out and sold you the bet slip? I believe I am wrong with this but I will like you to explain better.

We can not just decide if you should buy the bet slip, you will need to let us know the four matches left to be played?

Okay what I mean is that, he was actually offered a cashout of around $70 so he said he had an emergency and the $70 cashout won’t be enough to cover for the emergency, thus the reason why he decided to sell it in the first place, so instead of cashing out the  $70, he added an extra $50 to the $70 making it a total of $120, so he’s offering to sell the game for $120. That’s what I meant.

[Tetu100]

Although is a great offer since 6 out of it is already sure, but then again nothing is sure even if it was only one remaining, because you can decide to take the risk and end up losing everything. Again, he wouldn't have just cash it out to save himself of the stress instead of turning round , but could he be planning of you playing the victim card?  Well anything is possible. Personally, if it was me I will just let it slide and save myself the headache.

[Bryan jessy]

I am wondering what his reason for selling game was, could it be as a result of fear Maybe he must have made so much loses from his previous games and this time he noticed he is almost close to losing the game and decided to escape it, or it could also be that he would not want to be present to witness the loss again, though whatever he reason is we do not know, but I feel you should just pass unless you are ready to take the risk regardless of any outcome, I prefer starting from the very beginning of the game not when the game has run half way and there is no guarantee that you are definitely going to win it, it's actually risky if you ask me but if you can take the risk that is fine too the choice is yours.

[Oshosondy]

Okay what I mean is that, he was actually offered a cashout of around $70 so he said he had an emergency and the $70 cashout won’t be enough to cover for the emergency, thus the reason why he decided to sell it in the first place, so instead of cashing out the  $70, he added an extra $50 to the $70 making it a total of $120, so he’s offering to sell the game for $120. That’s what I meant.

If I think it is a good bet, I can go for it, but provided if you can be able to afford to lose the $120. If you can not afford to lose the $120, I do not see a reason for going for it.

I would have loved if you let us know the remaining four matches, but some people do not like to let people know it until they are all played.

[Samlucky O]

If the game eventually pulls off, I’ll be making more than 5x of what I bought it, but it’s a really tough decision to make because there’s really no guarantee that it’s gonna end in a win.
What would you do if you were in my shoes, Buy or Pass?

Well it's your choice, there's no body that ever offered me such game to buy, but i have a close friend who bought such game and hopefully it won, the potential amount was around 10x of the amount he bought, and there was still Cashout option. But this does not mean that it can work for everybody, he was pretty lucky that day and the person who sold the ticket ended in regret. So such game come with high risk and anyone willing to buy is just buying at his own risk. But if you see the risk is what taken as a gambler then you can go ahead, Afterall there is no harm in trying.

[Marykeller]

If I were you, I wouldn't buy this bet just because I saw 6 greens. Just because the first 6 wins in a 10-leg parlay doesn't magically increase the probability of the remaining 4.

And 5x if you win thing wouldn't excite me too much either. Because buying just because of a big payout is gambling FOMO to me.

Another thing I would definitely ask is why is he selling to me instead of cashing out himself? 

That's the question. Why can't he have the heart to wait for the remaining four games to play? Is it I who will have the heart and courage to risk my money to buy his bet slip from him when winning is not in any way guaranteed? You lost; it pained you, while he smiled, thinking he acted wisely to have you buy his parlay for an extra $50. 

[Charcol]

It seems tempting to see that you have already won 6 out of 10. Now it seems that if you win the remaining 4, you will get 5 times back. But your risk will start now. But winning 6 in Parly does not mean that your risk is over. If you lose one of the 4 in the future, your ticket is gone.

One thing that surprised me is that if your friend wants an additional $50 on top of the current pre-settlement amount, he is actually passing his own risk onto you. And even charging an additional fee on top of that.

[DanWalker]

I don’t know if anyone has been in a tough situation like this before. A situation where someone offers to sell a parlay game that’s already halfway through.
Here’s what really happened, a friend of mine offered to sell a 10 leg parlay bet which is already halfway done, 6 games are already green with a pretty good cashout option and 4 games left to clear the slip. So he offered to sell the game to me, added an extra $50 to the cashout amount.

If you are lucky enough and win that remaining 4 legs tomorrow and make 5 times profit then what is the guarantee that money will actually go into your pocket? Still it is your friend is actually the owner of that betting account, right? Actually it is not very uncommon for friends to quarrel over money and simple thing. And if you lose that bet slip then all your money will go down to drain. But your friend will already be sitting with his cashout profit in his pocket, either way he is beneficiary.