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re: Would you hedge this bet
Posted on 6/20/12 at 5:30 pm to LSUAlum2001
Posted on 6/20/12 at 5:30 pm to LSUAlum2001
quote:
My favorite bet is this: The rolling bet.
CFB: Choose a game on Thursday, Friday, AM Sat, Mid-day Sat and Even Sat.
Bet $110 on Thursday CFB game.
Win $110 bet on Thursday, bet $220 on Friday.
Win $220 bet on Friday, bet $440 on AM Sat game.
Win $440 bet on AM Sat game, bet $880 on Mid-day Sat game.
Win $880 bet on Mid-day Sat game, bet $1600 on PM Sat.
Win $3200 on PM Sat game. Party.
So you have two optons:
1. you lost 110
2. you made a bundle.
But, let's be honest, option #1 is probably going to happen about 97 times out of 100.
How many times have you actually won on this rolling bet of yours?
This is essentially just a 5-game parlay. It's different in theory, but, practically speaking, it isn't much different than a 5 game parlay.
This post was edited on 6/20/12 at 5:32 pm
Posted on 6/20/12 at 7:45 pm to bobbyray21
quote:
This is essentially just a 5-game parlay. It's different in theory, but, practically speaking, it isn't much different than a 5 game parlay.
A 5 game parlay would have a higher payout so doing it his way is pretty dumb.
Posted on 6/20/12 at 7:46 pm to bobbyray21
quote:
Bet $110 on Thursday CFB game.
Win $110 bet on Thursday, bet $220 on Friday.
Win $220 bet on Friday, bet $440 on AM Sat game.
Win $440 bet on AM Sat game, bet $880 on Mid-day Sat game.
Win $880 bet on Mid-day Sat game, bet $1600 on PM Sat.
Win $3200 on PM Sat game. Party.
So you have two optons:
1. you lost 110
2. you made a bundle.
Actually, depending on how far you go, you are losing more than 110.
1. 110 Bet to win 100 = 210
2. 210 +10 Bet to win 200 = 420
3. 420 +20 Bet to win 400 = 840
4. 840 +40 Bet to win 800 = 1680
5. 1680 +80 Bet to win 1600 = 3360
So it you get to the 5th bet and lose, you lose 110+10+20+40+80 = 260
Someone can check my math on that as it has been a LONG day at the office, but you would be MUCH better off just doing a parlay unless you were really uncertain about the lines moving or you would "cash out" along the way.
Posted on 6/20/12 at 11:25 pm to bobbyray21
quote:
But, let's be honest, option #1 is probably going to happen about 97 times out of 100.
How many times have you actually won on this rolling bet of yours?
Twice.
I only do it when I like 5 games heading into the weekend on that spread.
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