Math guys - How much would I have to wager?

[betplom]

I had an opportunity to grab team A (opened at) -104 and as it got close to the start of the game team B was +108.


How much would I have to wager to secure a profit?

[Sam Odom]

SBR had a 'tool' but I cannot find it now

[Nicky Santoro]

I had an opportunity to grab team A (opened at) -104 and as it got close to the start of the game team B was +108.


How much would I have to wager to secure a profit?

what do you mean??

if you bet 1000$ on team A at -104, then you'd bet 980 on team B (+108) to guarantee yourself 20$.. is this what you mean??

[Dunder]

If you had $1000 on team A (-104), you would want to put $943 on Team B to secure a profit of $18.50

[Nicky Santoro]

If you had $1000 on team A (-104), you would want to put $943 on Team B to secure a profit of $18.50

my way is right, sorry my friend... he has to bet 980.. he risked 1040$ in his 1st bet.

[Nicky Santoro]

If you had $1000 on team A (-104), you would want to put $943 on Team B to secure a profit of $18.50

what you did was have him risking 1k at -104.. in North America, we bet to win 1k, so he risked 1040, that's why he has to bet 980, not 943, to secure a 20$ profit.

[Chi_archie]

is this the pens and sabres?

[betplom]

Yes, I was asking about locking in a profit.

At $20 per $1000 I'm not very interested, first off, getting a number that gives an opportunity to do this isn't easy and tying up my balance at different books isn't appealing either, I thank you for the responses though.

is this the pens and sabres?

Yes, I got Pitt at -104 when it opened at Pinny and now all the money coming in is on the Pens.

I can now get Buff +105 at Phoenix or +107 at Matchbook.

[Dunder]

what you did was have him risking 1k at -104.. in North America, we bet to win 1k, so he risked 1040, that's why he has to bet 980, not 943, to secure a 20$ profit.

It´s the same thing!
Bet on team B would be 94.3% of the amount bet on team A.

edit. Had no intention of contradicting you Nicky, I didn´t even see your post before I made mine.

[Sam Odom]

At $20 per $1000 I'm not very interested

I'm sure you'd walk pass a 20 spot laying on the ground too

[betplom]

I'm sure you'd walk pass a 20 spot laying on the ground too

Not the same thing.

I'd rather bet the $1K on Pitt and cheer it home.

Watching an entire game to make $20 doesn't do it for me.

[Nicky Santoro]

It´s the same thing!
Bet on team B would be 94.3% of the amount bet on team A.

edit. Had no intention of contradicting you Nicky, I didn´t even see your post before I made mine.

i know buddy, i was just telling you that americans in general bet to 1k to win on a fav, and risk 1k on a dog. if you are from USA i will be shocked. probably australian or european.

[Sam Odom]

I'd rather bet the $1K on Pitt and cheer it home.

[durito]

i know buddy, i was just telling you that americans in general bet to 1k to win on a fav, and risk 1k on a dog. if you are from USA i will be shocked. probably australian or european.

not the ones that know what they are doing

[betplom]

I actually bet $416 to win $400 on the Penguins, so I'd be wagering another 400 or so on the Sabres to make $10.

I like my original wager and am not afraid of losing.


(Pitt was -232 against Toronto last game and they lost, now they play an offensively challenged Sabres team and the line is much more realistic).

[Dunder]

i know buddy, i was just telling you that americans in general bet to 1k to win on a fav, and risk 1k on a dog. if you are from USA i will be shocked. probably australian or european.

Come on Nicky, that was too easy. The fact that I can count was a giveaway!
I am British.

[Dunder]

Looked like a good decision for most of the game.
From 3-0 to 3-4 kinda stinks.

[GRUMPERZ]

weaksauce bro