The fine line between winning a lot and winning a little.

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • SteveRyan
    SBR MVP
    • 11-15-11
    • 1654

    #1
    The fine line between winning a lot and winning a little.
    Check out this math.

    Let's say you place 5 bets.
    Each bet is -110 odds and you spend $100 on each bet.
    So, your total investment is $500.

    If you win all 5 bets, you will get a max pay of $954.55
    Subtract the $500 investment.
    Your total profit is $454.55

    However, if you lose ONLY TWO of those bets...
    Your total profit is now $72.73

    How quickly the money disappears.
  • ManOfValue
    SBR MVP
    • 02-29-08
    • 1437

    #2
    Winning is tough. its a grind and you have to be in for the long haul. Most people on here know that..
    Comment
    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #3
      So... See if Sammy got this right

      If one loses 40% of his bets , his profits are reduced by 83.99%

      Is that right
      Comment
      • jjgold
        SBR Aristocracy
        • 07-20-05
        • 388179

        #4
        Originally posted by SteveRyan
        Check out this math.

        Let's say you place 5 bets.
        Each bet is -110 odds and you spend $100 on each bet.
        So, your total investment is $500.

        If you win all 5 bets, you will get a max pay of $954.55
        Subtract the $500 investment.
        Your total profit is $454.55

        However, if you lose ONLY TWO of those bets...
        Your total profit is now $72.73

        How quickly the money disappears.
        Its why when you bet -103 matchbook you have a massive edge or any other low juice place
        Comment
        • Covy
          SBR MVP
          • 01-13-11
          • 1433

          #5
          Originally posted by SteveRyan
          Check out this math.

          Let's say you place 5 bets.
          Each bet is -110 odds and you spend $100 on each bet.
          So, your total investment is $500.

          If you win all 5 bets, you will get a max pay of $954.55
          Subtract the $500 investment.
          Your total profit is $454.55

          However, if you lose ONLY TWO of those bets...
          Your total profit is now $72.73

          How quickly the money disappears.
          Not sure who lays just 100 on a juiced bet. 110 to win 100 is the way to go. Profit will be $80.00 then.

          5D reduced juice: (-105) 525 to win 500. $90.00 profit. Extra $10.00 saved, and that adds up to $520 over the course of a year.

          Keep in mind this is only $100 bets as some bet higher and more often.
          [SIZE=2] [FONT=Arial]Listen, they only make movies about winners - and that's me![/FONT]
          [/SIZE]
          Comment
          • cant call it
            SBR Hall of Famer
            • 08-29-10
            • 8817

            #6
            Thats why the losers lose and winners win. If you make 100 bets and are + money.... You are doing pretty good. I would say, better than 95% of the rest of the world.
            Comment
            Search
            Collapse
            SBR Contests
            Collapse
            Top-Rated US Sportsbooks
            Collapse
            Working...