Someone sharp: Please help my square ass out here...

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  • opie1988
    SBR Posting Legend
    • 09-12-10
    • 23429

    #1
    Someone sharp: Please help my square ass out here...
    I have a question about the Mavs/Heat series. Right now, you can get Mavs Series price at +155.

    But you can get the Exact Series Outcome at the following:

    25521 MAVERICKS WIN 4 - 0 +1650
    25522 MAVERICKS WIN 4 - 1 +800
    25523 MAVERICKS WIN 4 - 2 +650
    25524 MAVERICKS WIN 4 - 3 +650

    What am I missing here? Why wouldn't you break your wagers out a little on each possible outcome? As opposed to taking the +155 Series price? Regardless of how the series finishes, if you're taking the Mavs....you're odds are much better in this situation.

    If you put $100 on each of the 4 Series outcome bets vs. $400 on Mavs +155.....worst case scenario you win $30 more by having the Exact Outcome wager.

    I realize I'm a total square.....but is this correct? Thanks in advance, fellas.

    Happy Memorial Day, SBR
  • downsouth
    SBR Posting Legend
    • 01-13-11
    • 11580

    #2
    Im am a total square as well but

    Mavs series $400 at =155 pays $620

    Other scenarios unless Mavs sweep or win 4-1 then you come out worse as $100 pay $650 but them you lose $300 on other losing wagers.
    Comment
    • Mammon
      SBR Sharp
      • 04-08-11
      • 302

      #3
      Bingo!
      Comment
      • opie1988
        SBR Posting Legend
        • 09-12-10
        • 23429

        #4
        Originally posted by downsouth
        Im am a total square as well but

        Mavs series $400 at =155 pays $620
        Other scenarios unless Mavs sweep or win 4-1 then you come out worse as $100 pay $650 but them you lose $300 on other losing wagers.
        Agree on losing the other $300....but you still have $400 out to win $650. That's a $30 win over the straight series +155 price.

        Right???
        Comment
        • RealSlimShady
          SBR Hall of Famer
          • 12-24-07
          • 6249

          #5
          Opie, you are no square!
          Comment
          • wiffle
            SBR Wise Guy
            • 07-07-10
            • 610

            #6
            sometimes u r able to do this but not here

            43.5 vs 39.2 breakeven percentages

            (if my math is right)
            Comment
            • paco
              SBR Aristocracy
              • 05-07-09
              • 62873

              #7
              Mavs in 6 sounds good.

              This finals 2-3-2 format actually favors the Mavs.
              Comment
              • k13
                SBR Posting Legend
                • 07-16-10
                • 18104

                #8
                All options equal $0 since Mavs will lose the series.
                Comment
                • jamoc023
                  SBR Rookie
                  • 05-28-11
                  • 28

                  #9
                  4-2 4-3 are the most likely results better off taking the Mavs Outright maybe wait and see if the Heat win game 1 you will get a better price on Mavs thats what im hopin for Dallas have far better players than Miami Nowitzki ,Terry,Barrea,Kidd James and Bosh cant be expected to do it all for The Heat Plus you need 3point shooters to win games
                  Comment
                  • RudyRuetigger
                    SBR Aristocracy
                    • 08-24-10
                    • 65084

                    #10
                    Originally posted by downsouth
                    Im am a total square as well but

                    Mavs series $400 at =155 pays $620

                    Other scenarios unless Mavs sweep or win 4-1 then you come out worse as $100 pay $650 but them you lose $300 on other losing wagers.
                    correct
                    Comment
                    • Bradyd
                      SBR MVP
                      • 12-19-08
                      • 1067

                      #11
                      Originally posted by paco
                      Mavs in 6 sounds good.

                      This finals 2-3-2 format actually favors the Mavs.
                      In theory, yes. But the reality is that the Mavs either have to win 3 in a row at home OR win 2 @ Miami. Neither is favorable for the Mavs....
                      Comment
                      • RealSlimShady
                        SBR Hall of Famer
                        • 12-24-07
                        • 6249

                        #12
                        A $400 wager on the series would win $620. $100 on each outcome would net $1350, $500, $350 or $350 respectively. You will be better off only if Dallas wins 4-0.
                        Comment
                        • jubuck757
                          SBR Wise Guy
                          • 03-03-11
                          • 686

                          #13
                          If you betting dallas to win the series you is basically giving your money away .
                          Comment
                          • opie1988
                            SBR Posting Legend
                            • 09-12-10
                            • 23429

                            #14
                            Originally posted by downsouth
                            Im am a total square as well but
                            Mavs series $400 at =155 pays $620
                            Other scenarios unless Mavs sweep or win 4-1 then you come out worse as $100 pay $650 but them you lose $300 on other losing wagers.
                            Originally posted by RudyRuetigger
                            correct
                            Originally posted by RealSlimShady
                            A $400 wager on the series would win $620. $100 on each outcome would net $1350, $500, $350 or $350 respectively. You will be better off only if Dallas wins 4-0.
                            Now I get it....

                            Thanks fellas.

                            This is what SBR is all about.....confirming beyond any doubt that I am an insufferable square!

                            Wow! No wonder these books seem to call me an awful lot.
                            Comment
                            • RealSlimShady
                              SBR Hall of Famer
                              • 12-24-07
                              • 6249

                              #15
                              Opie, if you were a square, you wouldnt even have asked the question. And you'd tail JJ's spreadsheet blindly!
                              Comment
                              • eldoctord
                                SBR Sharp
                                • 06-12-10
                                • 265

                                #16
                                Under scenario #1 bet $400 win $620 = $1,020
                                Scenario #2 bet $400 win $1,650 = $1,750
                                Scenario #3 bet $400 win $800 = $900
                                Scenario #4/5 bet $400 win $650 = $750

                                Under each scenario you make a profit but you need to take into account money lost on series outcomes. Which looks like the safer bet now?
                                Comment
                                • Full Time Hobo
                                  SBR MVP
                                  • 05-16-10
                                  • 2778

                                  #17
                                  Take the series bet at +155 and hedge accordingly.

                                  Good luck Opie
                                  Comment
                                  • ApricotSinner32
                                    Restricted User
                                    • 11-28-10
                                    • 10648

                                    #18
                                    If the mavs win the series it's going to be in 6 or 7 games... I lean towards 7.


                                    Good luck... opie bet the nationals moneyline today tough guy.
                                    Comment
                                    • opie1988
                                      SBR Posting Legend
                                      • 09-12-10
                                      • 23429

                                      #19
                                      Originally posted by eldoctord
                                      Under scenario #1 bet $400 win $620 = $1,020
                                      Scenario #2 bet $400 win $1,650 = $1,750
                                      Scenario #3 bet $400 win $800 = $900
                                      Scenario #4/5 bet $400 win $650 = $750
                                      Under each scenario you make a profit but you need to take into account money lost on series outcomes. Which looks like the safer bet now?
                                      Originally posted by Full Time Hobo
                                      Take the series bet at +155 and hedge accordingly.
                                      Good luck Opie

                                      Exactly what I'm going to do!

                                      Now if I could just get past being such a Mavs/Rangers/Stars/Cowboys homer.......

                                      Oh well........not too often you get to bet on your fave team to win a Championship!! GO MAVS!!
                                      Comment
                                      • EasyHustlin
                                        SBR Wise Guy
                                        • 07-15-10
                                        • 633

                                        #20
                                        Take Dirk MVP +180
                                        Comment
                                        • paco
                                          SBR Aristocracy
                                          • 05-07-09
                                          • 62873

                                          #21
                                          Originally posted by Bradyd
                                          In theory, yes. But the reality is that the Mavs either have to win 3 in a row at home OR win 2 @ Miami. Neither is favorable for the Mavs....
                                          Most resilient road team all season. Ask the the Lakers and Thunder what they think of the Mavs when playing on the road
                                          Comment
                                          • Bradyd
                                            SBR MVP
                                            • 12-19-08
                                            • 1067

                                            #22
                                            Originally posted by paco
                                            Most resilient road team all season. Ask the the Lakers and Thunder what they think of the Mavs when playing on the road
                                            Not taking that away from them, they are good on the road.. But ask the 76ers, Celtics, and Bulls what they think of Miami at home...
                                            Comment
                                            • OSUCOWBOYS
                                              SBR High Roller
                                              • 10-26-07
                                              • 241

                                              #23
                                              Originally posted by EasyHustlin
                                              Take Dirk MVP +180
                                              Great bet due to the obvious correlation. But that is a very limited market where only a couple dimes can be bet. (Unless you have multiple offscreen outs.)
                                              Comment
                                              • iifold
                                                SBR Posting Legend
                                                • 04-25-10
                                                • 11111

                                                #24
                                                Opie.. Title should read:

                                                "Math Geeks: Help my square ass out here"

                                                These mathers aren't sharp, don't give them that much credit.. 90% of them can't even bowl with a 10 pound ball, how are they gonna tell you anything about sports...
                                                Comment
                                                • Extra Innings
                                                  SBR Posting Legend
                                                  • 02-26-10
                                                  • 15058

                                                  #25
                                                  You think like me Opie. I once made a genius post like this analyzing 3 ways in the NHL. Stopped posting about sports shortly after that
                                                  Comment
                                                  • opie1988
                                                    SBR Posting Legend
                                                    • 09-12-10
                                                    • 23429

                                                    #26
                                                    Originally posted by Extra Innings
                                                    You think like me Opie. I once made a genius post like this analyzing 3 ways in the NHL. Stopped posting about sports shortly after that


                                                    As ridiculous as it seems.....I actually forgot to count the money you have to put up for the bet. Small oversight on my part.

                                                    In my defense....at least I thankfully worded it as a question. (THANK GOD).


                                                    Can you imagine if I would've been all "Don't miss this opportunity to bury the books, you square fukks!!"

                                                    Still.....it doesn't get much squarer than this. In hindsight, probably should've just pm'ed a few guys.....
                                                    Comment
                                                    • d2bets
                                                      BARRELED IN @ SBR!
                                                      • 08-10-05
                                                      • 39995

                                                      #27
                                                      Originally posted by opie1988
                                                      I have a question about the Mavs/Heat series. Right now, you can get Mavs Series price at +155.

                                                      But you can get the Exact Series Outcome at the following:

                                                      25521 MAVERICKS WIN 4 - 0 +1650
                                                      25522 MAVERICKS WIN 4 - 1 +800
                                                      25523 MAVERICKS WIN 4 - 2 +650
                                                      25524 MAVERICKS WIN 4 - 3 +650

                                                      What am I missing here? Why wouldn't you break your wagers out a little on each possible outcome? As opposed to taking the +155 Series price? Regardless of how the series finishes, if you're taking the Mavs....you're odds are much better in this situation.

                                                      If you put $100 on each of the 4 Series outcome bets vs. $400 on Mavs +155.....worst case scenario you win $30 more by having the Exact Outcome wager.

                                                      I realize I'm a total square.....but is this correct? Thanks in advance, fellas.

                                                      Happy Memorial Day, SBR
                                                      $40 @ +1650 win 660 minus 280 = 380
                                                      $80 @ +800 win 640 minus 240 = 400
                                                      $100 @ +650 win 650 minus 220 = 430
                                                      $100 @ +650 win 650 minus 220 = 430

                                                      Risking 320 total to win either 380/400/430/430

                                                      That is worse than +155 in each and every scenario.

                                                      You can thank me for saving you $ with whatever points you feel appropriate.
                                                      Comment
                                                      • suicidekings
                                                        SBR Hall of Famer
                                                        • 03-23-09
                                                        • 9962

                                                        #28
                                                        If you like Dallas to win the series, you're better off making a wager on the Mavs ML in Game 1. If it wins, you have cash in hand. If it loses, you have access to a much fatter Dallas series price, with the Heat up 1-0.
                                                        Comment
                                                        • billyloco
                                                          SBR MVP
                                                          • 04-07-06
                                                          • 1411

                                                          #29
                                                          personally...I'm taking all props on Lebron & Dwayne...last year I plussed 32 units just during the Championship games....
                                                          Comment
                                                          • opie1988
                                                            SBR Posting Legend
                                                            • 09-12-10
                                                            • 23429

                                                            #30
                                                            Let me say this to all my boys here at SBR.....

                                                            Not a single guy in this thread gave me sh*t over this. Not one.

                                                            And to be honest....it would have been deserved. It was a pretty dumb mistake by a fairly large square (me), and you guys were all totally cool and helpful.

                                                            That says a lot about most guys on this forum. Anyone who says guys can't come to SBR to share gambling questions/knowkedge without getting ripped.....obviously hasn't visited PT in awhile.

                                                            Thanks for help here, fellas. Much appreciated.
                                                            Comment
                                                            • 8ArIvd5
                                                              SBR MVP
                                                              • 04-24-10
                                                              • 3175

                                                              #31
                                                              opie, you could have gotten bruins series +100 over TB if you bet the series outcomes like this.

                                                              would have cashed too.
                                                              Comment
                                                              • Qtip
                                                                SBR Sharp
                                                                • 02-18-11
                                                                • 367

                                                                #32
                                                                When I first started out, I would always parlay the team I liked with both the over and the under in 2 separate bets for better odds. I thought I was real smart
                                                                Comment
                                                                • Art Vandeleigh
                                                                  SBR MVP
                                                                  • 12-31-06
                                                                  • 1494

                                                                  #33
                                                                  Originally posted by jubuck757
                                                                  If you betting dallas to win the series you is basically giving your money away .
                                                                  This is what everyone said about the Detroit Pistons in 2004 when they were +600 dogs to the Lakers.
                                                                  Comment
                                                                  • phillybadboy
                                                                    SBR Hall of Famer
                                                                    • 12-11-09
                                                                    • 9383

                                                                    #34
                                                                    art vandeleigh,,,
                                                                    Comment
                                                                    • lakerboy
                                                                      SBR Aristocracy
                                                                      • 04-02-09
                                                                      • 94379

                                                                      #35
                                                                      Originally posted by Bradyd
                                                                      Not taking that away from them, they are good on the road.. But ask the 76ers, Celtics, and Bulls what they think of Miami at home...

                                                                      Miami is gonna lose one home game this round regardless of what those other teams did. Just like Dallas is gonna lose one home game most likely. Dallas already won in miami this year. Pretty sure they could do it again. Although it wont relate much to this series the Mavs have beaten the heat 10 straight times.
                                                                      Comment
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