If you were able to place a bet for $5 on a 22-team parlay. What are the odds of getting all 22 correct? Also, how many different bets (combintations) would you have to place to guarentee a win on that 22-team parlay?
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Razz Strategy
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If there are 22 teams playing then there are 11 games. Assuming that the palray is such that there WILL be a winner (ie no draws) then there are two possible results for each game .. a win or a loss (Team A Wins – Team A loses). So there are a total of 2^11 possible combinations each round.
If a draw is possible then there are 3^11 possible combinations W – D – L on each game (Team A Wins – Team A Draws -Team A Loses).
P(all correct) = 1/2^11
= 1/2048
? 0.05%
If a draw is possible then there are 3^11 possible combinations W – D – L on each game (Team A Wins – Team A Draws -Team A Loses).
Then P(all correct) = 1/3^11
= 1/177147
? 0.0006%