Best way to structure bets?

[Tomato]

Tomato is wondering what the best way to bet this would be.

Arizona -1.5 +272
Atlanta -1.5 +139

Would you bet both sides to win 1 unit, just letting the percentages play themselves

... or is there some middle ground?

[durito]

what exactly are you trying to do? both of those bets are -ev

[Leverage]

Leverage doesn't understand...

[u21c3f6]

If you have determined that playing both is +ev in the long run, I would adjust my wagers so that each side provided the same profit.
ie. .86 unit on +272 and 1.34 unit on +139 produces a 1 unit win regardless of which wager wins. Of course you lose 2.2 units if neither wager wins.

Joe.

[RickySteve]

George likes spicy chicken.

[LT Profits]

LT avoids Polish middles.

[Doc JS]

Doc JS hasn't been in the think tank lately. Doc JS didn't realize 3rd person was required here...

Doc JS

[Tomato]

If you have determined that playing both is +ev in the long run, I would adjust my wagers so that each side provided the same profit.
ie. .86 unit on +272 and 1.34 unit on +139 produces a 1 unit win regardless of which wager wins. Of course you lose 2.2 units if neither wager wins.

Joe.

Tomato wants to know how you figured out .86 and 1.34.

Time for a math pop quiz!

You must show all work to get full credit

Pittsburgh -1.5 +216
Milwaukee -1.5 +143

[u21c3f6]

I have a spreadsheet that I "programmed" to calculate amounts for my hedge wagering.

1.16 unit @ +216 and 1.51 unit @ +143 for a 1 unit win if cashed.

Joe.

[Tomato]

I have a spreadsheet that I "programmed" to calculate amounts for my hedge wagering.

1.16 unit @ +216 and 1.51 unit @ +143 for a 1 unit win if cashed.

Joe.

Care to post the spreadsheet formulas?

Right now you're looking at half credit, which is an F. Get the A!

[u21c3f6]

Care to post the spreadsheet formulas?

Right now you're looking at half credit, which is an F. Get the A!

File attached. You input the odds on the top and bottom row and then adjust the top wager until your net is 1.00.

I don't use it that way. I use it for live wagering. I have a wager before the game which I input on the top row, odds and wager, and then I enter the odds on the second row to determine how much to wager at those odds if I choose to hedge.

Joe.

[Tomato]

File attached. You input the odds on the top and bottom row and then adjust the top wager until your net is 1.00.

I don't use it that way. I use it for live wagering. I have a wager before the game which I input on the top row, odds and wager, and then I enter the odds on the second row to determine how much to wager at those odds if I choose to hedge.

Joe.

You are awesome. If Tomato had betpoints, he would give them to you.

Instead you get this:



A+

[xyz]

Or you can use the arbitrage calculator developed by Ganchrow. Available on sbrforum.com under tools.