[mikewlgm]

Nice 1000-1 odds....to bad they won't

http://espn.go.com/chalk/story/_/id/15080884/wager-syracuse-orange-ncaa-tournament-win-pay-100k

[unde0087]

Good English, Cuse isn't going to wins UNC

[jjgold]

They have zero shot

[stevek173]

I'd be very surprised if the NCAA made UNC the prize and Syracuse won them.

[pimike]

Always a shot. JJ you know better.


However I doubt it.

Lol

[mikewlgm]

Good English, Cuse isn't going to wins UNC

haha

NC = National Championship

[Mac4Lyfe]

Nice hedging opportunity...

[mohye1980]

Why not hedge for 50k? Or hell all of it if they think Carolina wins

[goduke]

He's trying to sell the ticket for 25k right now. Probably can't afford the hedge but someone with money might be able to make it work

[POOLSIDE]

Why not hedge for 50k? Or hell all of it if they think Carolina wins

Hedge 50k on what? UNC ml and win less than ten grand? And then if Cuse beats the Heels, you threw away fifty grand and you've still gotta hedge the national championship game.

[WalkingLuckCharm]

the real problem is OP probably wont have 50 to hedge

[DOM-Ganador]

As stated above, ticket is worthless unless Cuse beats UNC.
Then, of course, there will be some options.

Don`t think the book is sweating at this point.

[PorkChop]

Zero chance UNC loses another game this tournament.

[smoke a bowl]

8-9% of 100k is worth $8k-$9k no matter how you slice it so to say it is worthless is retarded.

[unde0087]

haha

NC = National Championship

Holler, you get it

[newguy]

Bad math - shouldnt be multi-tasking

[DOM-Ganador]

THIS guy bet $100.
Now you have him with a $72K BR AND the possibility of a book taking the action.

Wait a minute....NC wins on first leg, the 100K ticket is no gone.
So now you have to RISK the whole 72K on the fav and hope for no upset,
or you lose the 72K. Am I missing something?

Like I said before, ticket is useless to hedge unless Cuse beats NC.

[newguy]

THIS guy bet $100.
Now you have him with a $72K BR AND the possibility of a book taking the action.

Wait a minute....NC wins on first leg, the 100K ticket is no gone.
So now you have to RISK the whole 72K on the fav and hope for no upset,
or you lose the 72K. Am I missing something?

Like I said before, ticket is useless to hedge unless Cuse beats NC.

I was way off - that is what I get for multi-tasking

[POOLSIDE]

As stated above, ticket is worthless unless Cuse beats UNC.
Then, of course, there will be some options.

Don`t think the book is sweating at this point.

Book wants this guy to win. They'll make a hundred times this if unc falters. They'll be ecstatic to pay this guy. No one seeds winning this thing, and Michigan State out as well? Book wins.

[smoke a bowl]

THIS guy bet $100.
Now you have him with a $72K BR AND the possibility of a book taking the action.

Wait a minute....NC wins on first leg, the 100K ticket is no gone.
So now you have to RISK the whole 72K on the fav and hope for no upset,
or you lose the 72K. Am I missing something?

Like I said before, ticket is useless to hedge unless Cuse beats NC.

Or he can just bet the (No) on Syracuse to win it all at -1300ish (can probably do better with effort) and lock up almost 8k. So like I said before, anyone who thinks this ticket is worthless is a total phucking retard.

[unde0087]

Book wants this guy to win. They'll make a hundred times this if unc falters. They'll be ecstatic to pay this guy. No one seeds winning this thing, and Michigan State out as well? Book wins.

[DOM-Ganador]

Or he can just bet the (No) on Syracuse to win it all at -1300ish (can probably do better with effort) and lock up almost 8k. So like I said before, anyone who thinks this ticket is worthless is a total phucking retard.

Once again, this guy bet $100. Now, you are proposing that he has HOW MUCH BR to lay the -1300 to make the 8K??
90 grand. You might get that down.

So I guess I am a total retard....you sure showed me. I bow to your betting acumen.

[smoke a bowl]

Once again, this guy bet $100. Now, you are proposing that he has HOW MUCH BR to lay the -1300 to make the 8K??
90 grand. You might get that down.

So I guess I am a total retard....you sure showed me. I bow to your betting acumen.

I the ticket is in Vegas hey will let him sell the ticket back and give him maybe 90% of the equity roughly 7k. They do it all the time. All I'm saying, is to say the ticket is worthless is silly.

[DOM-Ganador]

I the ticket is in Vegas hey will let him sell the ticket back and give him maybe 90% of the equity roughly 7k. They do it all the time. All I'm saying, is to say the ticket is worthless is silly.

Now you come up with a reasonable solution. If the book would actually give him 7K to walk, then of course my argument
has no merit. But without this new scenario you are proposing, I take issue with you referring my opinion as "F`kin retard".
If the book doesn`t offer the buy-back, the ticket is worthless unless Cuse wins or you have 90K to lay.

[DwightShrute]

They have zero shot

zero?

why play the game at all then?

[megamillionslose]

He bet $200 to win $200K & was willing to sell those tix for $6K(30-1). Gambler willing to pay $6K wins $200K which is roughly about the same ROI

[POOLSIDE]

What he should be doing is talking to every bookie in the world and having them offer new odds of 20:1 on Syracuse winning the championship, which is roughly double the current casino odds, and then buying all those bets.

[DOM-Ganador]

What he should be doing is talking to every bookie in the world and having them offer new odds of 20:1 on Syracuse winning the championship, which is roughly double the current casino odds, and then buying all those bets.

So in this improbable scenario, he could only book 5K, because then if the Orange do somehow win, he breaks even.
When they lose, he pockets the 5K.

Bet the guy is kicking himself for not putting it on Cuse to get to the FF. Odds on that must have been huge when he made his wager.

[smoke a bowl]

Plenty things can be done if you have the resources. Sometimes I take the resources for granted I guess doing this for so long. Ex: I would certainly buy the ticket from him for 7k if he wanted to do that and I'm guessing there are 100's of people out there that would do the same.

[rm18]

I the ticket is in Vegas hey will let him sell the ticket back and give him maybe 90% of the equity roughly 7k. They do it all the time. All I'm saying, is to say the ticket is worthless is silly.

Really I tried to cash season win total bets early multiple times and they did not make me an offer?

[smoke a bowl]

Really I tried to cash season win total bets early multiple times and they did not make me an offer?

Any sportsbook with a reasonable logical manager (I get that most sportsbook managers are complete idiots in Vegas) would make a deal.

[kmarinouofm]

Any sportsbook with a reasonable logical manager (I get that most sportsbook managers are complete idiots in Vegas) would make a deal.

no manger is going to make a deal on a win total prop.. those props are -110 down to -200.. very very rarely in the + and even then never more then +125

deals get made on Odds to win and shit like that..

Buddy of mine had this happen to him in 1995 with Northwestern.. Him and a few buddies (alumni) laid them in vegas.. vegas tracked him down and made an offer.. i forgot how the rest of the story goes because this was back in 2003 or 2002 when me and this guy used to hang out..

[smoke a bowl]

no manger is going to make a deal on a win total prop.. those props are -110 down to -200.. very very rarely in the + and even then never more then +125

deals get made on Odds to win and shit like that..

Buddy of mine had this happen to him in 1995 with Northwestern.. Him and a few buddies (alumni) laid them in vegas.. vegas tracked him down and made an offer.. i forgot how the rest of the story goes because this was back in 2003 or 2002 when me and this guy used to hang out..

Any competent sportsbook manager would make a deal on any ticket. Every ticket is quantifiable so not only does the book make a little money on the deal but they also make the customer happy. Win win.

[Mac4Lyfe]

Now you come up with a reasonable solution. If the book would actually give him 7K to walk, then of course my argument
has no merit. But without this new scenario you are proposing, I take issue with you referring my opinion as "F`kin retard".
If the book doesn`t offer the buy-back, the ticket is worthless unless Cuse wins or you have 90K to lay.

I really haven't thought about it much but there's tremendous hedging opportunities here... I'm not sure what books would take the bets but he could definitely make some money.

Example. If he bet a 2 team prop bet with UNC.

$33K parlayed with Oklahoma would pay ~ $52.8k
$42K parlayed with Villanova would pay ~ $42k


$75k total bet that UNC wins with either $10,700 if Oklahoma wins or $8,900 if Nova wins.

If Cuse beats UNC he would still have $25k left to hedge the title game. I would probably have an open ended Cuse prop out there as well which would pay nicely if they beat UNC. For example $10k on Cuse then take Nova would pay most likely ~ $80k andCuse/Oklahoma would pay ~$100k.

Now all of this is contingent on him having access to $75k cash.

[smoke a bowl]

I really haven't thought about it much but there's tremendous hedging opportunities here... I'm not sure what books would take the bets but he could definitely make some money.

Example. If he bet a 2 team prop bet with UNC.

$33K parlayed with Oklahoma would pay ~ $52.8k
$42K parlayed with Villanova would pay ~ $42k


$75k total bet that UNC wins with either $10,700 if Oklahoma wins or $8,900 if Nova wins.

If Cuse beats UNC he would still have $25k left to hedge the title game. I would probably have an open ended Cuse prop out there as well which would pay nicely if they beat UNC. For example $10k on Cuse then take Nova would pay most likely ~ $80k andCuse/Oklahoma would pay ~$100k.

He is aware of all that. He's saying not easy to get down like that with no money or credit.