I got an offer

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  • cecil127
    SBR Hall of Famer
    • 11-19-09
    • 7310

    #1
    I got an offer
    One of the books I deal with is currently offering me 6/1 to cash out on a WS futures outcome that I placed @ 300/1. (Stros to beat LA) Kind of surprised they’d put that out there so soon so cecil127 may be onto something
    also placed that day
    LA to beat Astros 30/1
    LA/Stros finals 20/1
    no offers on those at the moment though…

    *today I like LA (-2.5) (+170) to smack the Phil’s around in hot and humid south Philly.
  • Snowball
    BARRELED IN @ SBR!
    • 11-15-09
    • 30056

    #2
    cash out under what terms?
    Comment
    • d2bets
      BARRELED IN @ SBR!
      • 08-10-05
      • 39995

      #3
      Do you mean 1/6?
      In other words, if you bet 10 to win 3,000, they are offering to cash you out at 510 (500 win +10 stake). Do I have that right?
      If so, yes take it and run!
      Comment
      • johnnyvegas13
        BARRELED IN @ SBR!
        • 05-21-15
        • 27897

        #4
        Originally posted by d2bets
        Do you mean 1/6?
        In other words, if you bet 10 to win 3,000, they are offering to cash you out at 510 (500 win +10 stake). Do I have that right?
        If so, yes take it and run!
        I think he means 6/1 on his stake

        So 60 if he bet 10
        Comment
        • ThaWoj
          SBR Hall of Famer
          • 03-09-10
          • 6762

          #5
          Originally posted by d2bets
          Do you mean 1/6?
          In other words, if you bet 10 to win 3,000, they are offering to cash you out at 510 (500 win +10 stake). Do I have that right?
          If so, yes take it and run!
          1/6 would be even worse. $1 return on every 6 bet
          Comment
          • cecil127
            SBR Hall of Famer
            • 11-19-09
            • 7310

            #6
            Originally posted by d2bets
            Do you mean 1/6?
            In other words, if you bet 10 to win 3,000, they are offering to cash you out at 510 (500 win +10 stake). Do I have that right?
            If so, yes take it and run!
            no, I mean 6/1. ( pronounced “six to one”) meaning I’m returned six units for every unit wagered…
            using your base wager of 10 dollars they’d offer $60 to cash out now. Not only is your terminology wrong so Is your math. What a dream you must be for the book

            60/1 might get a lil more of my attention though…I’ll keep you posted
            Comment
            • Snowball
              BARRELED IN @ SBR!
              • 11-15-09
              • 30056

              #7
              what are the odds they are offering that prop for right now?

              I wonder if the 6x your wager is similar to the difference between the line you got and the current line

              seems they made an error. i wonder how bad it was?
              Comment
              • cecil127
                SBR Hall of Famer
                • 11-19-09
                • 7310

                #8
                Originally posted by Snowball
                cash out under what terms?
                I surrender the original wager in return for six times what I bet and call it settled….f-that
                Comment
                • cecil127
                  SBR Hall of Famer
                  • 11-19-09
                  • 7310

                  #9
                  Originally posted by Snowball
                  what are the odds they are offering that prop for right now?

                  I wonder if the 6x your wager is similar to the difference between the line you got and the current line

                  seems they made an error. i wonder how bad it was?
                  placed bet 4/1/22…no odds are available for this at the moment where I placed the bet. Your book may differ in which case let me know
                  Comment
                  • d2bets
                    BARRELED IN @ SBR!
                    • 08-10-05
                    • 39995

                    #10
                    Originally posted by cecil127
                    no, I mean 6/1. ( pronounced “six to one”) meaning I’m returned six units for every unit wagered…
                    using your base wager of 10 dollars they’d offer $60 to cash out now. Not only is your terminology wrong so Is your math. What a dream you must be for the book

                    60/1 might get a lil more of my attention though…I’ll keep you posted
                    Hardly. Pretty sure I don't get graded on terminology or on trying to interpret your cryptic messages. I know how to do the math that's necessary for me and how to place wagers. But thanks for your concern, ya dbag.

                    I meant are they graded the sell side at -600? Which would be 1 to 6. Which would be the math I posed.

                    So what you posted is they're grading the sell side at 1/30. Six and one, half a dozen of the other.
                    Comment
                    • cecil127
                      SBR Hall of Famer
                      • 11-19-09
                      • 7310

                      #11
                      Lol and you call my post “cryptic messages”….
                      Comment
                      • DrunkHorseplayer
                        SBR Hall of Famer
                        • 05-15-10
                        • 7719

                        #12
                        Originally posted by cecil127
                        One of the books I deal with is currently offering me 6/1 to cash out on a WS futures outcome that I placed @ 300/1. (Stros to beat LA) Kind of surprised they’d put that out there so soon so cecil127 may be onto something
                        also placed that day
                        LA to beat Astros 30/1
                        LA/Stros finals 20/1
                        no offers on those at the moment though…

                        *today I like LA (-2.5) (+170) to smack the Phil’s around in hot and humid south Philly.
                        Looks like a bad line and I'm surprised they haven't cancelled the bet. If LA is 30/1 to beat Hou, Hou can't be 300/1 to beat LA.
                        Comment
                        • cecil127
                          SBR Hall of Famer
                          • 11-19-09
                          • 7310

                          #13
                          Originally posted by DrunkHorseplayer
                          Looks like a bad line and I'm surprised they haven't cancelled the bet. If LA is 30/1 to beat Hou, Hou can't be 300/1 to beat LA.
                          it may appear that way now but on April 1 2022 they thought LA had a ten times greater chance of beating the astros if the two were to actually square off in the WS. I don’t believe it was a bad line…
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388179

                            #14
                            Books begging for cash
                            Comment
                            • risKingDigits
                              SBR Sharp
                              • 12-22-21
                              • 467

                              #15
                              I hope those cheaters never sniff a World Series for at least a decade
                              Comment
                              • cecil127
                                SBR Hall of Famer
                                • 11-19-09
                                • 7310

                                #16
                                Now offering 8/1 to cash out. What does the book know?
                                Oh and assholehead, it’s “six in one hand, half dozen the other”
                                Comment
                                • Headsterx
                                  SBR Posting Legend
                                  • 12-03-16
                                  • 23025

                                  #17
                                  Ops! 😂
                                  Comment
                                  • cecil127
                                    SBR Hall of Famer
                                    • 11-19-09
                                    • 7310

                                    #18
                                    They’re currently dangling better than 13x my wager to cash out. Hmmmm….placed a Yankees World Series bet as a hedge @ (+350)
                                    Comment
                                    • Roscoe_Word
                                      SBR MVP
                                      • 02-28-12
                                      • 3999

                                      #19
                                      Maybe one of our math guys can figure this, but I'd say, if was it was a good deal for you, they wouldn't be offering it.
                                      Comment
                                      • pimike
                                        BARRELED IN @ SBR!
                                        • 03-23-08
                                        • 37139

                                        #20
                                        Wow

                                        They seemed scared
                                        Comment
                                        • DrunkHorseplayer
                                          SBR Hall of Famer
                                          • 05-15-10
                                          • 7719

                                          #21
                                          Originally posted by cecil127
                                          They’re currently dangling better than 13x my wager to cash out. Hmmmm….placed a Yankees World Series bet as a hedge @ (+350)
                                          Keep waiting; they'll probably give you a better price soon. At some point, you should take it.
                                          Comment
                                          • pologq
                                            SBR Posting Legend
                                            • 10-07-12
                                            • 19899

                                            #22
                                            Originally posted by cecil127
                                            They’re currently dangling better than 13x my wager to cash out. Hmmmm….placed a Yankees World Series bet as a hedge @ (+350)
                                            13 x your wager at halfway thru the season? I might take it.

                                            Let's say you bet $100. That is $1300 now with still a half season, trade deadline and the playoffs left.
                                            Comment
                                            • asiagambler
                                              SBR Hall of Famer
                                              • 07-23-17
                                              • 6827

                                              #23
                                              Sounds like simple risk management. They are probably overexposed on that wager

                                              Looking at fangraphs playoff projections, Astros are 32.0% to make the World Series and Dodgers are 26.9%

                                              So both making it would be 8.6% and 4-5% for the exact outcome (+1062 and +2400/+1900)

                                              I still think it's a bad line. Can't imagine 300/1 being correct when the reverse outcome is 30/1, even given the circumstances before the season started. (That would imply Dodgers being -1000 for the series matchup!) Seems more likely someone just typed an extra zero

                                              If this is one of the bigger books, my opinion is that these offers are sent automatically when their system goes through their (possible) long-term liabilities and you should take the cashout before they notice

                                              Playoff odds tell how likely an MLB team will win the division, wild card berth or win the World Series. FanGraphs simulates each season 10,000 times to generate the probabilities.
                                              Comment
                                              • pologq
                                                SBR Posting Legend
                                                • 10-07-12
                                                • 19899

                                                #24
                                                deal or no deal?

                                                Comment
                                                • JAKEPEAVY21
                                                  BARRELED IN @ SBR!
                                                  • 03-11-11
                                                  • 29299

                                                  #25
                                                  I wouldn't even consider it until they offer 30-50x.

                                                  Otherwise you are in a good position to have a nice sweat for 300-1 and probably have better hedge opportunities down the line.
                                                  Comment
                                                  • cecil127
                                                    SBR Hall of Famer
                                                    • 11-19-09
                                                    • 7310

                                                    #26
                                                    Originally posted by asiagambler
                                                    Sounds like simple risk management. They are probably overexposed on that wager

                                                    Looking at fangraphs playoff projections, Astros are 32.0% to make the World Series and Dodgers are 26.9%

                                                    So both making it would be 8.6% and 4-5% for the exact outcome (+1062 and +2400/+1900)

                                                    I still think it's a bad line. Can't imagine 300/1 being correct when the reverse outcome is 30/1, even given the circumstances before the season started. (That would imply Dodgers being -1000 for the series matchup!) Seems more likely someone just typed an extra zero

                                                    If this is one of the bigger books, my opinion is that these offers are sent automatically when their system goes through their (possible) long-term liabilities and you should take the cashout before they notice

                                                    https://www.fangraphs.com/standings/playoff-odds
                                                    interesting…..

                                                    the same book allowed me to parlay these 2 separate wagers yesterday:
                                                    giants to win the super-bowl or rangers to win the cup or the nicks to win the championship or the Yankees to win the World Series (+250)
                                                    &
                                                    yankees to win the WS (+350)

                                                    parlay returns +1562

                                                    I couldn’t help but unload on an opportunity to get Yankees to win the WS @ 15/1.
                                                    it’ll never cash
                                                    theyll catch it or the sobs will lose to the Phil’s who I laid good gelt on NOT making the playoffs

                                                    but man…15/1
                                                    Comment
                                                    • d2bets
                                                      BARRELED IN @ SBR!
                                                      • 08-10-05
                                                      • 39995

                                                      #27
                                                      Originally posted by cecil127
                                                      interesting…..

                                                      the same book allowed me to parlay these 2 separate wagers yesterday:
                                                      giants to win the super-bowl or rangers to win the cup or the nicks to win the championship or the Yankees to win the World Series (+250)
                                                      &
                                                      yankees to win the WS (+350)

                                                      parlay returns +1562

                                                      I couldn’t help but unload on an opportunity to get Yankees to win the WS @ 15/1.
                                                      it’ll never cash
                                                      theyll catch it or the sobs will lose to the Phil’s who I laid good gelt on NOT making the playoffs

                                                      but man…15/1
                                                      Or they'll freeroll you. Keep it live if it loses and then cancel if/after it wins.
                                                      Comment
                                                      • Itsamazing777
                                                        SBR Posting Legend
                                                        • 11-14-12
                                                        • 12602

                                                        #28
                                                        Any team can win in the playoffs. Take it
                                                        Comment
                                                        • cecil127
                                                          SBR Hall of Famer
                                                          • 11-19-09
                                                          • 7310

                                                          #29
                                                          Current odds at same book:

                                                          houston to beat dodgers: (+1400)
                                                          dodgers to beat Houston: (+1400)
                                                          dodgers to beat yanks: (+1100)
                                                          yanks to beat dodgers: (+1100)

                                                          yanks vs dodgers WS (+500)
                                                          Comment
                                                          • Optional
                                                            Administrator
                                                            • 06-10-10
                                                            • 61543

                                                            #30
                                                            Originally posted by d2bets

                                                            Or they'll freeroll you. Keep it live if it loses and then cancel if/after it wins.
                                                            I'd guess he is talking about a US book who do not feel like they have a right to cancel it and are just trying to reduce the liability.

                                                            Could be wrong and they just have not noticed, but I'd doubt it. Even if the system is automatically making these offers, surely it would be popping up on a report someone is supposed to reviewing.
                                                            .
                                                            Comment
                                                            • pologq
                                                              SBR Posting Legend
                                                              • 10-07-12
                                                              • 19899

                                                              #31
                                                              Originally posted by Itsamazing777
                                                              Any team can win in the playoffs. Take it
                                                              i am in agreement
                                                              Comment
                                                              • cecil127
                                                                SBR Hall of Famer
                                                                • 11-19-09
                                                                • 7310

                                                                #32
                                                                The offers, they…..they gone
                                                                Trades’ll do that to WS odds I suppose…
                                                                go yanks
                                                                Comment
                                                                • pologq
                                                                  SBR Posting Legend
                                                                  • 10-07-12
                                                                  • 19899

                                                                  #33
                                                                  Originally posted by cecil127
                                                                  The offers, they…..they gone
                                                                  Trades’ll do that to WS odds I suppose…
                                                                  go yanks
                                                                  so now it is win or get fcuked?
                                                                  Comment
                                                                  • cecil127
                                                                    SBR Hall of Famer
                                                                    • 11-19-09
                                                                    • 7310

                                                                    #34
                                                                    Originally posted by pologq
                                                                    so now it is win or get fcuked?
                                                                    yup, just like any other wager….
                                                                    Comment
                                                                    • Sledge187
                                                                      SBR MVP
                                                                      • 04-25-08
                                                                      • 3722

                                                                      #35
                                                                      Originally posted by risKingDigits
                                                                      I hope those cheaters never sniff a World Series for at least a decade
                                                                      Are you talking about the Dodgers?
                                                                      Comment
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