#1
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Is there any way i can lose this bet???
50.00/41.15
10/30/05 Bengals(Cincinnati) -400 13:00 ET 10/30/05 Patriots(NewEngland) -400 20:35 ET 10/27/05 VirginiaTech -600 19:50 ET All Bets are final once confirmed (enter 'YES') Confirmation: The maximum limit for this wager type is $500.00 to me this looks like a no brainer, neone disagree?how to make it better? |
#2
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Re: Is there any way i can lose this bet???
Last week the Bengals were less than stellar + Brett Favre = the Bengals could lose
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#3
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Re: Is there any way i can lose this bet???
ok, who u like instead?
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#4
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Re: Is there any way i can lose this bet???
yes there is a way you can lose this bet, and that's if one of those teams loses.
the true odds of 3 teams all winning straight is 7-1. you're getting less than even money on your wager though, and even with the strong moneylines the chances of ANY of these bets losing is 1/5 + 1/5 + 1/7 = 19/35 or about 54%. so 46% of the time you will win $41.15, and the other 54% of the time you will lose $50.00. this makes the EV of your $50 bet about -$8. |
#5
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Re: Is there any way i can lose this bet???
"the true odds of 3 teams all winning straight is 7-1. you're getting less than even money on your wager though, and even with the strong moneylines the chances of ANY of these bets losing is 1/4 + 1/4 + 1/6 = 16/24 or two-thirds. so 33% of the time you will win $41.15, and the other 67% of the time you will lose $50.00. "
This is only true if the games are pick'ems, I think VT and NE are virtual locks to win but would be a little worried about Cin. |
#6
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Re: Is there any way i can lose this bet???
ok thainks, who u like instead of bengals? i def wanan try this three team
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#7
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Re: Is there any way i can lose this bet???
[ QUOTE ]
ok, who u like instead? [/ QUOTE ] Steelers -500, or Cowboys -400 |
#8
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Re: Is there any way i can lose this bet???
[ QUOTE ]
[ QUOTE ] ok, who u like instead? [/ QUOTE ] Steelers -500, or Cowboys -400 [/ QUOTE ] Agreed on both counts. I'd take either over the Bengals here. Based on my early research for the week, probably the Cowboys, personally. |
#9
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Re: Is there any way i can lose this bet???
NY Giants
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#10
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Re: Is there any way i can lose this bet???
[ QUOTE ]
This is only true if the games are pick'ems, I think VT and NE are virtual locks to win but would be a little worried about Cin. [/ QUOTE ] no, I adjusted the losing odds by the moneylines (-400 = 1/5, -600 = 1/7). a true pick'em would be +100 = 1/2. the correct breakeven price for two -400's and a -600 would be risk $50 to win $54.68, since there's only about a 46% mathematical chance that it will hit. by accepting only $41.15 on a wager which figures to lose 54% of the time, the house vig is approximately 25%, which is typical for a 3 team parlay. |
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