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  #11  
Old 11-30-2005, 12:35 AM
Ken_AA Ken_AA is offline
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Posts: 133
Default Re: Great 2 Team Parlay tonight (ESPN)

[ QUOTE ]
Making an even-money bet with a 46% chance of winning is still a bad bet, but it'll win frequently. This is why being results-oriented is a bad thing.

[/ QUOTE ]

well if he wins that bet 46% of the time then its a HUGE +EV bet. he posted that he got almost 2 to one (i think he said 30 to win 54) However, I'm not sure thats right for a -210 and a -110 parlay. but im not here to call te guy a liar.

and to be clear, I still tink it was a bad bet, both games were complete toss ups where he hit heads both times.

Ken

PS I took the night off as I have lost about 4 days in a row, but my two mental bets where both winners( Hofstra and Michigan) aint that the way it always breaks???
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  #12  
Old 11-30-2005, 12:43 AM
Allin72 Allin72 is offline
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Default Re: Great 2 Team Parlay tonight (ESPN)

it was 5-9 on bodog
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  #13  
Old 11-30-2005, 01:35 AM
Ken_AA Ken_AA is offline
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Join Date: Jun 2005
Posts: 133
Default Re: Great 2 Team Parlay tonight (ESPN)

[ QUOTE ]
it was 5-9 on bodog

[/ QUOTE ]

nice play. thats a better bet then I thought. Plus, if you enjoyed watching the games more with some chas on them then there is that to factor in also. Good Luck with your next wagers.

Ken
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  #14  
Old 11-30-2005, 06:59 AM
MCS MCS is offline
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Join Date: Sep 2002
Posts: 143
Default Re: Great 2 Team Parlay tonight (ESPN)

[ QUOTE ]
[ QUOTE ]
Making an even-money bet with a 46% chance of winning is still a bad bet, but it'll win frequently. This is why being results-oriented is a bad thing.

[/ QUOTE ]

well if he wins that bet 46% of the time then its a HUGE +EV bet.

[/ QUOTE ]

Yes, that's true. I didn't think he'd win this one 46% of the time. My point was that you can make bad bets which still win.

Sports bets don't have like -50% EV. Even the worst bets still win a significant fraction of the time. So citing results is a dumb way to defend your bets.
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  #15  
Old 11-30-2005, 08:44 AM
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Default Re: Great 2 Team Parlay tonight (ESPN)

The -210 and -110 money line parlay is correct.
I use the VipSports Calculator for these.
http://www.vip-information.com/sports/calculator.htm

I made a similar Parlay last night -210 on wake and -110 on Michigan -4.5
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  #16  
Old 11-30-2005, 01:31 PM
Ken_AA Ken_AA is offline
Senior Member
 
Join Date: Jun 2005
Posts: 133
Default Re: Great 2 Team Parlay tonight (ESPN)

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Making an even-money bet with a 46% chance of winning is still a bad bet, but it'll win frequently. This is why being results-oriented is a bad thing.

[/ QUOTE ]

well if he wins that bet 46% of the time then its a HUGE +EV bet.

[/ QUOTE ]

Yes, that's true. I didn't think he'd win this one 46% of the time. My point was that you can make bad bets which still win.

Sports bets don't have like -50% EV. Even the worst bets still win a significant fraction of the time. So citing results is a dumb way to defend your bets.

[/ QUOTE ]

I agree with you. I figure wake wins the game outright about 60-65% of the time and Illini win about 55%(???) which means he needed 3 to 1 to make it a good bet. however there is no way to know if these numbers are correct so it's still just everyone's two cents.

Ken
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