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re: Would you hedge this bet

Posted on 6/20/12 at 5:30 pm to
Posted by bobbyray21
Member since Sep 2009
9490 posts
Posted on 6/20/12 at 5:30 pm to
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 by lsu480
Downtown Scottsdale
Member since Oct 2007
92877 posts
Posted on 6/20/12 at 7:45 pm to
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 by Waffle House
NYC
Member since Aug 2008
3947 posts
Posted on 6/20/12 at 7:46 pm to
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 by LSUAlum2001
Stavro Mueller Beta
Member since Aug 2003
47196 posts
Posted on 6/20/12 at 11:25 pm to
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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