The traditional parlay or teetotum bet resembles many of the original forms of gambling. You place a wager on whether the the total number of points scored in a set amount of time will exceed or be equal to a certain number. The house edge on this type of bet is usually around 10% but can range from 5% to 15%.
Tiered parlay or teetotum probability (TTP) is similar to the traditional parlay or teetotum bet with the addition of a 3rd level. The idea behind this bet is to get the highest possible return for a fixed amount of money without having to risk more than you can afford to lose. For example, let’s say you’re playing with $100 and you want to make the highest possible return with the assumption that the game will end in 10 minutes. You’d pick two teams, A and B, where team A scores 3 goals in the first 5 minutes and team B scores none, resulting in a 3-0 victory for A. In this case, you’d win $300 since you made a $100 wager plus you’d get a $200 return on your $100 wager (200% return). Your total risked was $500 (100% of your $500 wager).
TTP is also known as quatro jogo or quattro pro, which translates to “four game” or “four rounds” in English respectively. In some parts of the world, this style of gambling is legal and open to the public, but usually only available at casinos and racetracks. Since it is a relatively new style of gambling, there is still a lot of curiosity about what it means and how it works. Below, we will break down the science of TTP betting.
How Is TTP Different From Conventional Betting?
The biggest difference between the traditional parlay or teetotum bet and TTP is the number of levels involved. In the example above, you have two levels: the first is based on whether team A or B scores the first three goals in the first five minutes; the second is whether they score any goals in the last five minutes. With TTP, you get the opportunity to make your wagers at a deeper level, increasing the potential for higher returns. For example, let’s say you’re playing with $100 and you want to make the highest possible return with the assumption that the game will end in 10 minutes. You’d pick four teams, A, B, C, and D where team A scores 3 goals in the first 5 minutes and team B scores 4 goals in the first five minutes and then team C scores 1 goal in the last five minutes and team D scores none, resulting in a 5-1 victory for team A. In this case, you’d win $1,500 since you made a $100 wager plus you’d get a $500 return on your $100 wager (500% return) for a total risked of $1,500.
One of the reasons that TTP gambling is relatively unknown is that it requires a bit more strategy than most people are willing to commit to at the table. On the other hand, there is still plenty of interest in the sub-culture of quatro jogo or quattro pro since it is a style of gambling that is both fast and furious as well as rewarding with high potential returns. This hybrid nature makes it a bit more interesting than most forms of betting, which are usually determined by random number generators (RNGs) or rules of probability. With quatro jogo or quattro pro, you are essentially playing against the numbers, not simply against the other players at the table.
Because it is a less conventional type of bet, it can be difficult to explain to people who have never played or understood the concept of fractional reserves banking. This is where a casino or financial institution holds a percentage of their players’ wagers in reserve, essentially acting as an unsecured loan supplier to the table. Since these percentages can range from 20% to 50%, this can create a situation where the house edge is fairly high. One way around this is to use a crypto-currency designed for online gaming such as Bitcoin or Ethereum since they offer much higher returns than traditional currencies, reducing the house edge to a minuscule level.
How Does TTP Work?
The basic idea behind TTP is to place a wager on four different teams and then wait for the results. Let’s say you’re playing with $100 and you want to make the highest possible return with the assumption that the game will end in 10 minutes. You’d pick two teams, A and B, where team A scores 3 goals in the first 5 minutes and team B scores 4 goals in the first five minutes and then team C scores 1 goal in the last five minutes and team D scores none, resulting in a 5-1 victory for team A. In this case, you’d win $1,500 since you made a $100 wager plus you’d get a $500 return on your $100 wager (500% return). Your total risked was $1,500 (100% of your $1,500 wager).
The above example is quite simplistic and does not include a whole lot of strategy, but it will hopefully make the concept of TTP simpler. Basically, as mentioned above, you place four different wagers on four different teams. Three of the wagers must win for you to win the bet, which means that one of the wagers must lose. The house edge in this case is 10% for all four wagers, so even if you get all four wagers right, you’d only win $100 (assuming you’re playing with $100). If you get three of the four wagers right, you’d win $500 plus you’d get a $100 return on your $500 wager, for a total of $600 winnings (assuming you’re playing with $100). So, in the example above, you would win $300 since you made a $100 wager plus you’d get a $200 return on your $100 wager (200% return). Your total risked is $500 (100% of your $500 wager).
Why Would You Want To Play TTP?
The biggest question surrounding TTP is why would you want to play this game? Why not just stick with the easier parlay or teetotum bet? The answer is that even though the odds may be in your favor, there is still a chance you could lose, especially since you are placing four different wagers, any one of which could lose. You could also lose if the game goes much longer than you expect. This is where the advantage of using a quattro pro or 4-game wager is that you get to take advantage of a much higher likelihood of winning since you’re not counting on a random number generator (RNG) or the rules of probability to give you the result you’re looking for. In the event that you do win, it can be a great feeling and usually results in lots of applause from your fellow gamblers, much to your delight.