-350 experiment

swordsandtequila · 10-10-12, 04:13 PM

Originally posted by bringyourDgame

How is it dumb? you get exactly the same bet at more or less the same odds.
How can that be a dumb idea?

Exactly. It's the same bet.

Beetlejuice · 10-10-12, 04:18 PM

Not that I'm trying to hijack this thread into a wagering noobie school, I actually did learn a lot here within the last 45 mins or so.

I'm interested in cornering the outcome of a given game. I'm seeing value in criss-crossing the one team's ML vs the favorite's spread.

So let's extrapolate this into a random NFL game coming up. I just picked this randomly off the board.

Colts +160ML +3.5 SPREAD
Jets -180 -3.5

So if I were to be Colts money line AND the spread AND buy the Jets points down to 1, how can I really go wrong?

Bet #1) Bet Colts ML @ $100 to win $160 = with a total payout of $260
Bet #2) Bet Jets -3.5 spread, and bought .5 pts @ $100 to win 74.07 = with a total payout of $174.07

= there would be a shortfall of about 25 bucks between bets. BUT I guess my question is, other than this particular instance, is there any way to make the criss-crossing a viable betting strategy?

gh0zt · 10-10-12, 04:34 PM

jets win by 1-3 and you tie/lose or lose both bets. of course there is no guarantee win in gambling.

Beetlejuice · 10-10-12, 04:35 PM

Originally posted by gh0zt

jets win by 1-3 and you tie/lose or lose both bets. of course there is no guarantee win in gambling.

Im guessing the only way this is a viable way to bet, if both sides are not favored, such as one teams ML being +154 and the run line or spread being (+175) or something or other.

Beetlejuice · 10-10-12, 04:37 PM

Originally posted by gh0zt

jets win by 1-3 and you tie/lose or lose both bets. of course there is no guarantee win in gambling.

Im guessing the only way this is a viable way to bet, if both sides are not favored, such as one teams ML being +154 and the run line or spread being (+175) or something or other. If one proposed outcome is -134 or -232 or something, then it sours the whole deal. Interesting way of cornering outcomes. The only way to lose tonight, is, obviously as we stated, if the Yankees won by a single run.

Luckycharms2012 · 10-10-12, 04:50 PM

Mcduggly i like your picks but i'm feeling greedy....what do you think about Yankee's ML...i'm thinking of dropping $200 to win $417.48.

mcduggly · 10-10-12, 04:50 PM

Guys, the bet is a single bet that is provided under "props" on 5dimes. I did not place 2 separate bets, just one.

mcduggly · 10-10-12, 04:51 PM

Originally posted by Luckycharms2012

Mcduggly i like your picks but i'm feeling greedy....what do you think about Yankee's ML...i'm thinking of dropping $200 to win $417.48.

I do like the Yanks to win, but that is totally your call.

MexicanStallion · 10-10-12, 05:04 PM

Originally posted by mcduggly

Guys, the bet is a single bet that is provided under "props" on 5dimes. I did not place 2 separate bets, just one.

I think posters are doing the 2 bet for those not using 5Dimes. It is basically the same option with the same profit margin.

Luckycharms2012 · 10-10-12, 05:07 PM

Originally posted by mcduggly

I do like the Yanks to win, but that is totally your call.

In a drunken move i did your bet but i hedged it not exactly the way i wanted. I started the day with $184, i won $14 earlier on Cards game, so i went up to $198. Right now i just bet:

Oct 10, 2012 6:00 PM	Single Bet Baltimore at New York (A) New York (A): H Kuroda -1.5 +110 Open	128.00
Possible Payout: 268.80

Oct 10, 2012 6:01 PM	Single Bet Baltimore at New York (A) (Moneyline ) Baltimore: M Gonzalez (No Action) +165 Open	70.80
Possible Payout: 187.62

So if Balty wins i'm only up $3.00 on the day...lol. If the Yankees win by 2 then thats great...

A4K · 10-10-12, 05:08 PM

Originally posted by MexicanStallion

I think posters are doing the 2 bet for those not using 5Dimes. It is basically the same option with the same profit margin.

The profit margin is slightly higher if you bet the Yankees runline at reduced juice and the Orioles moneyline at 5Dimes.

A4K · 10-10-12, 05:10 PM

Reduced odds @ 5dimes

Bet $54.36 on Yankees -1.5 @ +120
Bet $45.65 on Orioles Money Line @ +162

Totals $100.01 to win $19.59

Any result other than a Yankees win by 1 run @ -532

$100.01 wins $18.80

Betting the two separate bets makes more sense and more $

A4K · 10-10-12, 05:13 PM

Originally posted by Beetlejuice

Im guessing the only way this is a viable way to bet, if both sides are not favored, such as one teams ML being +154 and the run line or spread being (+175) or something or other. If one proposed outcome is -134 or -232 or something, then it sours the whole deal. Interesting way of cornering outcomes. The only way to lose tonight, is, obviously as we stated, if the Yankees won by a single run.

If you are looking for a way to make dollars with low risk plays then you should examine Live Play betting at shops like 5dimes. Message me and I can give you some tips.

Beetlejuice · 10-10-12, 05:39 PM

Originally posted by A4K

If you are looking for a way to make dollars with low risk plays then you should examine Live Play betting at shops like 5dimes. Message me and I can give you some tips.

Yes, I see value in live betting and adjusted lines. Matter of fact, I've been playing around with the dutching calculator to satisfy my curiosity. A hopeful side of me wanted to see if I could enter all three outcomes in a soccer betting match, to see if i could net a profit. Unfortunately, in all simulations, I could never net a profit.

mcduggly · 10-10-12, 05:43 PM

Originally posted by A4K

Reduced odds @ 5dimes

Bet $54.36 on Yankees -1.5 @ +120
Bet $45.65 on Orioles Money Line @ +162

Totals $100.01 to win $19.59

Any result other than a Yankees win by 1 run @ -532

$100.01 wins $18.80

Betting the two separate bets makes more sense and more $

Hmm that's interesting. I never did the math and assumed they would have made the prop at least the same price as the other 2 on top of each other. Thanks for the info.

A4K · 10-10-12, 05:45 PM

Originally posted by mcduggly

Hmm that's interesting. I never did the math and assumed they would have made the prop at least the same price as the other 2 on top of each other. Thanks for the info.

No problem. Like yourself, I was surprised they were not equal. Maybe betting moved the prop line.

bringyourDgame · 10-10-12, 05:55 PM

books do this all the time, it's a sort of price-targeting. if you dig deep you get better odds but most of us have a set play in mind and won't mind the small differences. In the long run they probably make millions out of this.
Run into this constantly while soccer betting, usually there's a difference between Team 1 win in a 1(home win) X(draw) 2(away win) format, versus a simple asian handicap of Team 1 (-0.5)

pokerwhiz90 · 10-10-12, 05:59 PM

awwww yea! on it

A4K · 10-10-12, 06:02 PM

Originally posted by bringyourDgame

books do this all the time, it's a sort of price-targeting. if you dig deep you get better odds but most of us have a set play in mind and won't mind the small differences. In the long run they probably make millions out of this.
Run into this constantly while soccer betting, usually there's a difference between Team 1 win in a 1(home win) X(draw) 2(away win) format, versus a simple asian handicap of Team 1 (-0.5)

You got that right! That's why handicapping can become a time consuming endeavor. If people spent half as much time shopping and calculating as they did handicapping, they could add a little more value to their plays.

House · 10-10-12, 06:38 PM

Where on 5 dimes , Ive been looking for that prop bet ...cant find it ...please a little help

LarryF · 10-10-12, 06:40 PM

Let's keep focused on Mr Mcduggly and the subject of this thread, -350 or > for our wagers. No disrespect but we are cluttering this thread.
Keep it alive McD!

LarryF · 10-10-12, 06:42 PM

Originally posted by House

Where on 5 dimes , Ive been looking for that prop bet ...cant find it ...please a little help

Props under baseball. GL!

House · 10-10-12, 07:02 PM

found it , but was to late ...its ok ...hope it hits for you guys

mcduggly · 10-10-12, 08:35 PM

Originally posted by LarryF

Let's keep focused on Mr Mcduggly and the subject of this thread, -350 or > for our wagers. No disrespect but we are cluttering this thread.
Keep it alive McD!

I really do appreciate all the side conversations and stuff, but I may have to agree. Questions like "I have 5dimes too, but where do I find this prop?" shouldn't be posted. There's a baseball section clearly labeled with only three categories.

Anyways, let's hope the O's can hang on to their tight lead!

pokerwhiz90 · 10-10-12, 09:16 PM

i wonder what your profit would have been if you just kept going from the 1k lol

playr101 · 10-10-12, 09:23 PM

Originally posted by LarryF

Let's keep focused on Mr Mcduggly and the subject of this thread, -350 or > for our wagers. No disrespect but we are cluttering this thread.
Keep it alive McD!

-playr101

easyliving · 10-10-12, 09:29 PM

not this again

adamf11 · 10-10-12, 09:29 PM

This one is looking scary

Sport_Fish · 10-10-12, 09:30 PM

unreal

Beetlejuice · 10-10-12, 09:30 PM

Aw son of a whore! Extra friggin innings

swankk · 10-10-12, 09:33 PM

Looks like Jim Johnson is feeling that postseason pressure & Ibanez is just a clutch machine.

pokerwhiz90 · 10-10-12, 09:35 PM

its ok, orioles are 16-2 in extra innings this year - already a runner on second

swankk · 10-10-12, 09:36 PM

Multi-RBI HR for the Yanks so we can cash!

easyliving · 10-10-12, 09:36 PM

sweating it out once again.

House · 10-10-12, 09:54 PM

Stay positive everyone .... I didn't get in on this one because , its been hard for me to pull the trigger on Baseball , and I was late getting home from work ... come on Birds

I hope you guys cash !!