Explanation on Toronto Series Price

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  • Regul8er
    SBR Posting Legend
    • 11-06-07
    • 10666

    #1
    Explanation on Toronto Series Price
    Why on God's green earth would I take Toronto at -315 in the Series going into Game 6. Let's say I wanted to win $500......theoretical, because I'm not betting now.....but just trying to gain an understanding. I would have to risk $1,575 to Win $500. Why wouldn't I just bet Toronto ML in Game 6, and then Toronto ML in Game 7 if necessary. Toronto is +190 tomorrow in Game 6. This would require you to risk $263 to Win $500. If they lose, I'm guessing they would be in the -150 to -170 range, based on the odds from their previous home games. Let's say at worst, it's -170. I would need to risk $1,297 to win $763 ($263 on Game 6 loss + $500). Why would I risk $1,575 on the Series....when I could risk $1,297.......or less, because I don't think they would be -170.
  • Seto
    SBR Posting Legend
    • 12-16-11
    • 12906

    #2
    Because if you lose both bets you lose 1297 + 263 = 1560. Ends up being basically the same.
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    • Regul8er
      SBR Posting Legend
      • 11-06-07
      • 10666

      #3
      Yes, typo on my part....I meant $1,560. It's less money, but I really don't think Raps would be -170 if they lose Game 6. If -150....your risking $1,145 + $263, which = $1,408. Your talking a difference of $167 now.
      Comment
      • Seto
        SBR Posting Legend
        • 12-16-11
        • 12906

        #4
        Yeah it all comes down to what you predict the game 7 line to be.
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