Miami Game 4 moneyline -120 @ 1 unit
Indiana to win the series +120 @ 1 unit
Assuming Miami has a 60% chance to win any game against pacers...
That's right, your expected profit is almost a quarter of your unit. If you think Miami has <60% chance of beating the Pacers in any game, that expected profit goes up. If you think it is greater, it goes down, but does not hit zero until you have Miami as expected to win 73% of the time they play the pacers.
Also, if Miami wins, you can bet 1.6125 units on Miami to win the series(assuming Miami will then be 3-1 favorites to win the series) to guarantee a profit of .3675 units either way. This profit goes up if the odds on Miami are less than 3-1.
If the Pacers win g4, you have +odds on the pacers to win the series when they would be favorites at that point.
You're welcome.
Indiana to win the series +120 @ 1 unit
Assuming Miami has a 60% chance to win any game against pacers...
Outcome | % chance | profit | % * profit |
Miami wins game 4, Indiana wins series | .2112 | 1.9833 | .4189 |
Miami wins game 4, Miami wins series | .3888 | -.1667 | -.0648 |
Indiana wins game 4, Indiana wins series | .3136 | .15 | .047 |
Indiana wins game 4, Miami wins series | .0864 | -2 | -.1728 |
Total: | 1 | N/A | .2283 |
Also, if Miami wins, you can bet 1.6125 units on Miami to win the series(assuming Miami will then be 3-1 favorites to win the series) to guarantee a profit of .3675 units either way. This profit goes up if the odds on Miami are less than 3-1.
If the Pacers win g4, you have +odds on the pacers to win the series when they would be favorites at that point.
You're welcome.