is this profitable for mlb

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  • ebbearsfb1
    SBR Posting Legend
    • 12-07-08
    • 18815

    #1
    is this profitable for mlb
    When you bet the

    -1.5 runline then also bet the under dog?



    as long as both are plus money?


    read something about it but was wondering if its profitable or a dud
  • doublej95
    SBR Posting Legend
    • 01-26-10
    • 14094

    #2
    I will give you an example and let you decide. Braves/Nats game today -1.5@+112 , Nats@+142

    Bet 1 risk $100 on -1.5
    Bet 2 risk $87.60 on Nats +1.42

    Total Bet $187.60
    Profit if either bet wins $24.40

    So you are risking $187.60 for a return of $24 but run the risk of losing $187 if the Braves win by one run. It is a risky option, but with some research there is some teams you can make some money on if you don't mind the high risk. Yankees last year went on a amazing streak of cashing the -1.5.
    Comment
    • ebbearsfb1
      SBR Posting Legend
      • 12-07-08
      • 18815

      #3
      Yeah that's what I figured... if u risk x on both. The profit would only be 12 bucks..... it could be something worth checking out
      Comment
      • as99
        SBR MVP
        • 03-25-10
        • 1585

        #4
        Based on the above example you are basically betting -768 line - SO THE ANSWER IS NO. Think about the success rate you need.
        Comment
        • doublej95
          SBR Posting Legend
          • 01-26-10
          • 14094

          #5
          Originally posted by ebbearsfb1
          Yeah that's what I figured... if u risk x on both. The profit would only be 12 bucks..... it could be something worth checking out
          If you risk x ($100) on both you would be up $12 on the Braves -1.5 or up $42 on the Nats ML or down $200. You have got to use a arbitrage calculator to come up with the best Risk/Reward.

          In the example I gave you would be basically laying the equivalent of a -800 ml.
          Comment
          • ngates815
            SBR Posting Legend
            • 12-01-09
            • 13845

            #6
            For instance today....

            Bet :

            San Fran ML -105..... 128 to win 122
            Dodgers -1........100 to win 153

            San Fran wins, you're up 22
            Dodgers win you're up 25


            Probably not worth it.
            Comment
            • doublej95
              SBR Posting Legend
              • 01-26-10
              • 14094

              #7
              Originally posted by as99
              Based on the above example you are basically betting -768 line - SO THE ANSWER IS NO. Think about the success rate you need.

              Comment
              • daimoshokage
                SBR Hall of Famer
                • 02-07-11
                • 8935

                #8
                not worth the stress..
                Comment
                • gryfyn1
                  SBR MVP
                  • 03-30-10
                  • 3285

                  #9
                  Originally posted by ebbearsfb1
                  When you bet the

                  -1.5 runline then also bet the under dog?

                  as long as both are plus money?

                  read something about it but was wondering if its profitable or a dud
                  It would not be --

                  About 25-30% of games end up being decided by 1 run; advanced metric show that one run games have a high degree of luck involves so say the favorite win by 1 run 13% of the time.

                  it the numbers for the ATL/WSH game your basically laying 187 to win 24, with those numbers which leaves you at about a -3-4% ROI...
                  Comment
                  • Salmon Steak
                    SBR MVP
                    • 03-05-10
                    • 2110

                    #10
                    Anything easy usually doesn't work
                    Comment
                    • 8ArIvd5
                      SBR MVP
                      • 04-24-10
                      • 3175

                      #11
                      Very profitable. Teams never win by 1.
                      Comment
                      • cigar
                        SBR High Roller
                        • 03-28-10
                        • 222

                        #12
                        try something else
                        Comment
                        • WvGambler
                          SBR Posting Legend
                          • 04-19-10
                          • 11618

                          #13
                          Waaaaay too many games are 1 run in MLB...not only would this not be profitable, I think you would lose your ass badly.
                          Comment
                          • tdog152
                            SBR Hustler
                            • 12-15-10
                            • 88

                            #14
                            seems to risky
                            Comment
                            • ebbearsfb1
                              SBR Posting Legend
                              • 12-07-08
                              • 18815

                              #15
                              simply asking i dont think nearly as many games end in run 1 as in hockey...

                              would be interesting to see over the course of the year
                              Comment
                              • ngates815
                                SBR Posting Legend
                                • 12-01-09
                                • 13845

                                #16
                                Originally posted by 8ArIvd5
                                Very profitable. Teams never win by 1.

                                What's more profitable..."betting" "4,250" on the lakers ML @ -425, then crying in a thread that they are playing badly, or betting like this?
                                Comment
                                • DrStale
                                  SBR Hall of Famer
                                  • 12-07-08
                                  • 9692

                                  #17
                                  Yeah, it's that easy, cuz Vegas is stupid.
                                  Originally posted by Dark Horse
                                  If with religion you mean belief system, your belief system is your religion. Again, it matters not what it is. You believe in it, you are loyal to it, would defend it, and yet have no proof of it, other than that, at one point or another, you chose to believe in it. Self-hypnosis. What if there were a snapping of fingers that broke the hypnosis?
                                  Comment
                                  • INVEGA MAN
                                    SBR Hall of Famer
                                    • 01-30-08
                                    • 6800

                                    #18
                                    very interesting because i was thinking the same thing but i will pass
                                    Comment
                                    • newguy
                                      SBR Hall of Famer
                                      • 12-27-09
                                      • 6100

                                      #19
                                      Someone said it right earlier. There are some teams that will cash this more often than others
                                      Comment
                                      • Prop Bet Master
                                        SBR Wise Guy
                                        • 11-05-10
                                        • 533

                                        #20
                                        If it was that easy to make money, bookmakers would be out of business. The run lines are pretty much accurate, relative to the moneyline, despite what some people say.
                                        Comment
                                        • ebbearsfb1
                                          SBR Posting Legend
                                          • 12-07-08
                                          • 18815

                                          #21
                                          it would be an idea to pick and choose, then again you could just take both on the -1.5 and hope its not a close game that would increase profit but lower odds
                                          Comment
                                          • ebbearsfb1
                                            SBR Posting Legend
                                            • 12-07-08
                                            • 18815

                                            #22
                                            Also. U guys r saying its minus 800. But don't u need to factor in the likely hood of the game ending in the favorite winning by 1
                                            Comment
                                            • WvGambler
                                              SBR Posting Legend
                                              • 04-19-10
                                              • 11618

                                              #23
                                              Like 30% games end in one run, and the favored team wins those games more than they lose.
                                              Comment
                                              • kellen2811
                                                SBR Hustler
                                                • 08-31-10
                                                • 96

                                                #24
                                                interesting concept to consider
                                                Comment
                                                • doublej95
                                                  SBR Posting Legend
                                                  • 01-26-10
                                                  • 14094

                                                  #25
                                                  Originally posted by ebbearsfb1
                                                  Also. U guys r saying its minus 800. But don't u need to factor in the likely hood of the game ending in the favorite winning by 1

                                                  Give me sometime and I will tell you how it would have worked out on the yankees. they won 75 games last year by 2 or more runs. Just by looking at it with out running the numbers it does not look like a good idea.


                                                  And not every game they won by two or more runs was they the favorite.
                                                  Last edited by doublej95; 04-02-11, 03:04 PM.
                                                  Comment
                                                  • doublej95
                                                    SBR Posting Legend
                                                    • 01-26-10
                                                    • 14094

                                                    #26
                                                    I just finished April 2010 for the Yankees. It was a good month 18-0 for the Yankees covering the -1.5 runline as a favorite or the underdog winning the game out right, there was no 1 run win by the Yankees when they was -1.5 +odds. Using SBRODDS data and SBR Arbitrage Calculator for the best results based on $100 plays.

                                                    18-0 +383.92 won. Risked $3408.04
                                                    Comment
                                                    • WvGambler
                                                      SBR Posting Legend
                                                      • 04-19-10
                                                      • 11618

                                                      #27
                                                      And when you get that first loss....it pretty much wipes out your profit
                                                      Comment
                                                      • doublej95
                                                        SBR Posting Legend
                                                        • 01-26-10
                                                        • 14094

                                                        #28
                                                        Originally posted by WvGambler
                                                        And when you get that first loss....it pretty much wipes out your profit
                                                        yep, In May it went 23-2, I will run the numbers and see how it turned out.
                                                        Comment
                                                        • Sauz
                                                          SBR Rookie
                                                          • 03-07-11
                                                          • 37

                                                          #29
                                                          I think it be way to risky to try that....you never no what each team is going to do...you best odds are just betting on one team and hoping you win
                                                          Comment
                                                          • doublej95
                                                            SBR Posting Legend
                                                            • 01-26-10
                                                            • 14094

                                                            #30
                                                            May 2010 for the Yankees.

                                                            23-2 +$184.45. Risked $4631.38.

                                                            Total for April and May

                                                            41-2 +$568.37 Risked $8039.42

                                                            Thats a lot of risk so far for the return.
                                                            Comment
                                                            • onetrickpony
                                                              SBR Hall of Famer
                                                              • 08-23-10
                                                              • 9434

                                                              #31
                                                              dont nickel and dime like this, just pick winners save urself the headache
                                                              Comment
                                                              • ebbearsfb1
                                                                SBR Posting Legend
                                                                • 12-07-08
                                                                • 18815

                                                                #32
                                                                From ur findings looks like just take yankees minus 1.5.. maybe red sox... also I may look into both of them
                                                                Last edited by ebbearsfb1; 04-02-11, 04:41 PM.
                                                                Comment
                                                                • doublej95
                                                                  SBR Posting Legend
                                                                  • 01-26-10
                                                                  • 14094

                                                                  #33
                                                                  Originally posted by ebbearsfb1
                                                                  From ur findings looks like just take yankees minus 1.5.. maybe red sox... also I may look into both of them
                                                                  the yankees last year was a scoring machine when they won. you could look into spot betting both sides like you talked about one match ups versus very poor teams.
                                                                  Comment
                                                                  • ebbearsfb1
                                                                    SBR Posting Legend
                                                                    • 12-07-08
                                                                    • 18815

                                                                    #34
                                                                    Yeah thinking about labby lining both of them only need to hit 33% to show a profit... and could do all the games at 1.5
                                                                    Comment
                                                                    • 8ArIvd5
                                                                      SBR MVP
                                                                      • 04-24-10
                                                                      • 3175

                                                                      #35
                                                                      Originally posted by ngates815
                                                                      What's more profitable..."betting" "4,250" on the lakers ML @ -425, then crying in a thread that they are playing badly, or betting like this?
                                                                      I guess crying in a thread that the lakers are playing badly is way more profitable because I WON! Now get off my case before I give you the Razor's Edge.

                                                                      BTW, I didn't "bet" "4,250". If you were paying attention you would have noticed I specified I was not trying to win anywhere near 1k.
                                                                      Comment
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