Is there a limit on futures bets ??

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  • CappinTerp
    SBR Hall of Famer
    • 11-26-09
    • 9650

    #1
    Is there a limit on futures bets ??
    Went to place a $ 100 bet @ 400-1 on Maryland to win NCAA hoops. Yes a little far fetched. But a team wins the whole thing with good guard play and luck. With Dez Wells (out for few weeks) and SUPER frosh Melo Trimble they have the gaurds...many more good ones a and a very talented 7' 1 " starting 2nd sem....@ 400-1 a good deal.......BUT they only let me bet $ 50 to win $ 20,000........................why.????
  • thordin86
    SBR High Roller
    • 11-06-14
    • 137

    #2
    its called risk control, bookies have diffrent tactics between them regarding that.
    Although i have no clue what that bet you descibed meant, 19950 win amount is high even for top books
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    • seaborneq
      SBR Posting Legend
      • 09-08-06
      • 22556

      #3
      Originally posted by CappinTerp
      Went to place a $ 100 bet @ 400-1 on Maryland to win NCAA hoops. Yes a little far fetched. But a team wins the whole thing with good guard play and luck. With Dez Wells (out for few weeks) and SUPER frosh Melo Trimble they have the gaurds...many more good ones a and a very talented 7' 1 " starting 2nd sem....@ 400-1 a good deal.......BUT they only let me bet $ 50 to win $ 20,000........................why.????
      Every since the Rams won the Super Bowl at like 400-1 odds in 1999. The books have become risk averse on futures bets either on wager limits or payouts. That Kurt Warner season changed everything. From 4-12 to super bowl champs. If you feel that good about Maryland, just bet them to win the Big 10, was going to say ACC, and max out on that future.
      Comment
      • CappinTerp
        SBR Hall of Famer
        • 11-26-09
        • 9650

        #4
        Originally posted by seaborneq
        Every since the Rams won the Super Bowl at like 400-1 odds in 1999. The books have become risk averse on futures bets either on wager limits or payouts. That Kurt Warner season changed everything. From 4-12 to super bowl champs. If you feel that good about Maryland, just bet them to win the Big 10, was going to say ACC, and max out on that future.
        Thanks guys I appr. u r feedback, it makes sense.............good luck.!
        Comment
        • CappinTerp
          SBR Hall of Famer
          • 11-26-09
          • 9650

          #5
          Originally posted by thordin86
          its called risk control, bookies have diffrent tactics between them regarding that.
          Although i have no clue what that bet you descibed meant, 19950 win amount is high even for top books
          Thanks bud, I tryed to put both of your comments together ...but I am a idiot when it comes to these things.................thanks again.
          Comment
          • CappinTerp
            SBR Hall of Famer
            • 11-26-09
            • 9650

            #6
            ...BULLS, BEARS AND PIGS.....!!! Yesterday went to place a future bet on MD to win it all in hoops.!! ...$ 50 got me $ 20,000.................today $ 50 gets me $ 5,500............
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