What are the chances of losing 2 games when you bet them at the same time?

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  • dynamite140
    SBR MVP
    • 07-05-08
    • 4958

    #1
    What are the chances of losing 2 games when you bet them at the same time?
    Don't bash me for this please

    Assuming you are betting on a game whether its NFL or NBA and the juice is -110. It could also be on baseball where the sides are pretty much close to even or -110 on both sides. Not sure if it matters to put the juice but what are the odds of you losing both games assuming you bet them at the same time?

    My logic is if i bet 2 games and its not those moneylines where one team is favored or underdog, is my logic correct that the majority of the time you will go 1-1 assuming you bet 2 games at once.

    Is there a percentage of the time where you would go 1-1, 0-2 and other times 2-0?

    I'm assuming everything is even and there is so sort of edge on one side.
  • Waterstpub87
    SBR MVP
    • 09-09-09
    • 4108

    #2
    I would guess it would be 50, 25 , 25. You would have to make a box diagram. so it would look like

    Game 1 2 A graph that would have Game 1 on the x axis and game two on the Y
    Win 50% 50% Win and loss of for both. Top left would be win both, top right and bottom left
    Lose 50% 50% or would be one win one loss, and the bottom right would be two losses. If that makes sense
    Comment
    • Waterstpub87
      SBR MVP
      • 09-09-09
      • 4108

      #3
      If you bet 11 dollars on each game to win 10, you would on average lose .50 a day if you bet the two games a day. That doesn't factor in your ability to pick games, just the math behind it.
      Comment
      • whatsgood5
        Restricted User
        • 10-13-09
        • 15359

        #4
        The odds of that happening are astronomical.

        As for the exact number, I'm no scientist.
        Comment
        • THE PROFIT
          SBR Posting Legend
          • 11-27-09
          • 17701

          #5
          hitting a parlay is tough, I dont care who you are or what sport. Exact odds??? just depends, but thats why parlays are sucker bets, if you play them alot you will go in the hole no doubt.
          Comment
          • pavyracer
            SBR Aristocracy
            • 04-12-07
            • 82857

            #6
            If you hit winners your chance of going 2-0 is increased.
            Comment
            • Waterstpub87
              SBR MVP
              • 09-09-09
              • 4108

              #7
              If you consider it as a parlay bet, you would win a two teamer once every 4 times you bet it. Meaning you would lose 15 dollars a month betting one $10 two team parlay a week . If I understand the question.
              Comment
              • dynamite140
                SBR MVP
                • 07-05-08
                • 4958

                #8
                Nope i m not considering it as a parlay bet. Just the if i bet 2 games, what are the odds i would win 2 or lose 2 or go 1-1.

                So its 50 percent 1-1 , 25 percent 0-2 and 25 percent 2-0?
                Comment
                • Waterstpub87
                  SBR MVP
                  • 09-09-09
                  • 4108

                  #9
                  Yes, that the short answer. On basic math, if you just picked random teams or flipped coins.
                  Comment
                  • GELATINOUS CUBE
                    SBR MVP
                    • 08-09-09
                    • 4534

                    #10
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                    ALTHOUGH-DESIRED-MAYBE-ISN'T-THE-BEST-WORD-HERE...

                    blog '09-'10: 37-16: +$31,900
                    mlb 2010; 16-12: +$4,540
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                    Comment
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