NFL Week 5 - Is there an opportunity here?

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  • TMoney33
    SBR Sharp
    • 08-29-10
    • 388

    #1
    NFL Week 5 - Is there an opportunity here?
    So here's the deal - One book has NYJ +9(-123), and another has NE -7(-125). Is this a good opportunity? It sure seems like it, but maybe I'm missing something.

    Here's what I came up with for potential outcome risking $100 on both sides. I don't know if it would be better to put a different amount on either side.

    NE Wins by 10 or more
    +$80 on NE, -$100 on NYJ = -$20

    NE Wins by 9
    +$80 on NE, Push on NYJ = +$80

    NE Wins by 8
    +$80 on NE, +$81.30 on NYJ = +$161.30

    NE Wins by 7
    Push on NE, +$81.30 on NYJ = +$81.30

    NE Wins by 6 or less
    -$100 on NE, +$81.30 on NYJ = -$18.70

    What do you think?
  • nikossf
    SBR MVP
    • 03-02-10
    • 2217

    #2
    looks like your really only winning if pats win between four to six pts...otherwise u lose about twenty...so the risk vs reward is definitly there...but why not just place several twenty dollar plays on the outcome...
    Comment
    • nikossf
      SBR MVP
      • 03-02-10
      • 2217

      #3
      sorry meant to say between seven and nine pts...
      Comment
      • TMoney33
        SBR Sharp
        • 08-29-10
        • 388

        #4
        Yeah, the payoff would only come at NE winning by 7, 8, or 9, but that seems like a pretty good possibility. I wasn't sure if there was a formula to figure out the probability of this, or one to figure out optimal bet amounts.
        Comment
        • TMoney33
          SBR Sharp
          • 08-29-10
          • 388

          #5
          The one line finally came down to 7.5, so whatever opportunity was there is gone.

          I would still like to know what others think about this bet. Does it make sense to shoot for NE winning by exactly 7,8, or 9 when the reward is so high compared to the risk?
          Comment
          • the10man
            Restricted User
            • 03-24-11
            • 374

            #6
            no your just gonna end up losing juice. you should only try this on 3 or 7, win by 8 is a rare outcome
            Comment
            • TMoney33
              SBR Sharp
              • 08-29-10
              • 388

              #7
              Originally posted by the10man
              no your just gonna end up losing juice. you should only try this on 3 or 7, win by 8 is a rare outcome
              Thanks for the input. I wasn't sure if this was worthwhile or not.
              Comment
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