is this a good middling idea?

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  • BuddyBear
    SBR Hall of Famer
    • 08-10-05
    • 7233

    #1
    is this a good middling idea?
    NC STATE +4.5 (-105 @SIA)

    Georgia Tech -4 (-103 @PINN)


    If it doesn't hit i'll lose a few bucks...but if it does hit then it's a nice payday and 4 is a fairly common number. I expect this game to be close to.


    Any advice would help...I'd like to place it now b/c who knows how fast the lines move.
  • Quarm
    SBR Sharp
    • 10-03-05
    • 313

    #2
    probably not, cause -4.5 on pin is +101.
    its not that hard to find even bets on Pin, so there could be better odds for middling if im not wrong.
    Comment
    • BuddyBear
      SBR Hall of Famer
      • 08-10-05
      • 7233

      #3
      This is what I am thinking...since SIA has limits I can only play a certain amount and plus i do this recreationally as it is so I don't want to invest too much as I've already been burned with what i thought was a middling opportunity.

      NC STATE +4.5 $315/300

      Georgia Tech -4 $309/300

      Let's say I lose, I'd lose anywhere between $9-$15

      I don't think that is too big a price to pay for a number like 4????

      Anyone else think the same thing
      Comment
      • BuddyBear
        SBR Hall of Famer
        • 08-10-05
        • 7233

        #4
        Nevermind now...Pinny just put GT -4 (-111)...Man the lines moves super quick at Pinnacle. Who knows, come tomorrow morning it could be back there or at even better number.

        Pinny must be monitoring my posts!

        I am not worried about SIA. Line movement there is glacial.
        Comment
        • rm18
          SBR Posting Legend
          • 09-20-05
          • 22291

          #5
          I don't think so, and now pinny is -105 juice, with the -103 you would have to hit the bet one out of 25 to break even, but if you have any opinion pick one, it would be like getting a game at -102 or -101 juice on both sides.
          Comment
          • Santo
            SBR MVP
            • 09-08-05
            • 2957

            #6
            I don't think the chance of landing on 4 covers 8 cents juice...

            Lands on 4 approx 4.2% in NCAA.. Assume $2000 stake

            EV:

            One side wins: ($2000- $38.42) * 0.958 = 1879.19
            Lands on 4: ($1000 + $1952.38) * 0.042 = 123.99

            So your expected value is $2003.19, or a 0.1% return

            I think that's right.. the numbers slightly out of date for 4.2 but it's more or less accurate.
            Comment
            • David
              SBR Wise Guy
              • 08-11-05
              • 875

              #7
              Matchbook has GT -4 (even). It's about -102 after commission.
              Comment
              • ganchrow
                SBR Hall of Famer
                • 08-28-05
                • 5011

                #8
                For an arbitrage opportunity to exist, the probability of hitting the 4 would need to be greater than 3.86%.

                If you believe this to be the case then go for it.

                FWIW, the probability of hitting the 4 in the NFL is only around 3%.
                Comment
                • Santo
                  SBR MVP
                  • 09-08-05
                  • 2957

                  #9
                  ganchrow: This is NCAA.. I have the 4 slightly higher at around 4.2%. I have the figure at 2.7% in the NFL.
                  Comment
                  • pags11
                    SBR Posting Legend
                    • 08-18-05
                    • 12264

                    #10
                    it wouldn't be worth it to me...
                    Comment
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