Packers to NOT go 19-0....-350 on 5dimes

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  • MoneyLineDawg
    SBR Posting Legend
    • 01-01-09
    • 13253

    #1
    Packers to NOT go 19-0....-350 on 5dimes
    Seems really low @ -350 odds

    If you do an open parlay, picking Packers to win every game from now till the superbowl you can guarantee yourself money on a hedge, no?
  • MoneyLineDawg
    SBR Posting Legend
    • 01-01-09
    • 13253

    #2
    I'm positive your parlay would be EASILY over +350 on the other side......no brainer
    Comment
    • Avenger
      SBR MVP
      • 03-15-11
      • 2119

      #3
      I've been doing that when it was -600 and I've already made a profit.

      True, it's only a $20 profit, but hey, a profit is a profit.

      Since I've already made back my original $100, I might do $100 Packers ML for every game till playoffs.
      Comment
      • iifold
        SBR Posting Legend
        • 04-25-10
        • 11111

        #4
        Bad bet...
        Comment
        • MoneyLineDawg
          SBR Posting Legend
          • 01-01-09
          • 13253

          #5
          Originally posted by iifold
          Bad bet...
          Did you even read my post??
          Comment
          • MoneyLineDawg
            SBR Posting Legend
            • 01-01-09
            • 13253

            #6
            Originally posted by Avenger
            I've been doing that when it was -600 and I've already made a profit.

            True, it's only a $20 profit, but hey, a profit is a profit.

            Since I've already made back my original $100, I might do $100 Packers ML for every game till playoffs.
            You should do a parlay starting with Packers ML next week with 6 open slots....and just keep adding Packers ML every week until the superbowl if you think they go 19-0

            The prop bet is at +250 which is a joke compared to the odds you would get on the 7 game parlay

            What am I missing here?
            Comment
            • Ernie Mccracken
              SBR MVP
              • 09-11-11
              • 1986

              #7
              Originally posted by MoneyLineDawg
              What am I missing here?
              SBR posters can only do math if it involves counting on their fingers?
              Comment
              • warriorfan707
                SBR Posting Legend
                • 03-29-08
                • 13698

                #8
                You still have to hit the other side of the parlay. How is that a guarantee of money?
                Comment
                • MoneyLineDawg
                  SBR Posting Legend
                  • 01-01-09
                  • 13253

                  #9
                  Originally posted by Ernie Mccracken
                  SBR posters can only do math if it involves counting on their fingers?


                  Seriously.....They will be about -500 on average the next 4 weeks

                  Then, say they play Cowboys, Saints, and Ravens in the Superbowl......I would put the ML odds @ around -300, -250, and -200 respectively

                  A parlay of these 7 games would give you odds of around +500

                  And the prop they're giving you is +250
                  Comment
                  • FourLengthsClear
                    SBR MVP
                    • 12-29-10
                    • 3808

                    #10
                    Originally posted by MoneyLineDawg
                    Seems really low @ -350 odds

                    If you do an open parlay, picking Packers to win every game from now till the superbowl you can guarantee yourself money on a hedge, no?
                    No.
                    Comment
                    • MoneyLineDawg
                      SBR Posting Legend
                      • 01-01-09
                      • 13253

                      #11
                      Originally posted by warriorfan707
                      You still have to hit the other side of the parlay. How is that a guarantee of money?
                      If you get 2 bets at -350 and +500 for the same money that can only have either outcome, you are guaranteed money
                      Comment
                      • MoneyLineDawg
                        SBR Posting Legend
                        • 01-01-09
                        • 13253

                        #12
                        Originally posted by FourLengthsClear
                        No.
                        How not?
                        Comment
                        • FourLengthsClear
                          SBR MVP
                          • 12-29-10
                          • 3808

                          #13
                          Originally posted by MoneyLineDawg
                          If you get 2 bets at -350 and +500 for the same money that can only have either outcome, you are guaranteed money
                          You don't get +500 if they lose next week!
                          Comment
                          • MoneyLineDawg
                            SBR Posting Legend
                            • 01-01-09
                            • 13253

                            #14
                            Originally posted by FourLengthsClear
                            You don't get +500 if they lose next week!
                            Then you hit the prop at -350 that they DID NOT go 19-0
                            Comment
                            • warriorfan707
                              SBR Posting Legend
                              • 03-29-08
                              • 13698

                              #15
                              Your numbers are way off. Theres no guarantee of anything here.
                              Comment
                              • MoneyLineDawg
                                SBR Posting Legend
                                • 01-01-09
                                • 13253

                                #16
                                Small numbers here, but Make a $100 bet on Packers to NOT GO 19-0.......If they lose a game this season, you win $29.00

                                Also, bet a $22 parlay on the Packers ML next week, with 6 open slots.....if the packers win, keep adding Packers ML and the odds should come out around to +500 if they end up going 19-0.......

                                Either way you make 10 dollars or 7 dollars
                                Comment
                                • MoneyLineDawg
                                  SBR Posting Legend
                                  • 01-01-09
                                  • 13253

                                  #17
                                  Originally posted by warriorfan707
                                  Your numbers are way off. Theres no guarantee of anything here.
                                  Possibly
                                  Comment
                                  • warriorfan707
                                    SBR Posting Legend
                                    • 03-29-08
                                    • 13698

                                    #18
                                    I like your way of thinking though, there are good times for hedging but I honestly don't think this is one of them.
                                    Comment
                                    • MoneyLineDawg
                                      SBR Posting Legend
                                      • 01-01-09
                                      • 13253

                                      #19
                                      Originally posted by warriorfan707
                                      I like your way of thinking though, there are good times for hedging but I honestly don't think this is one of them.
                                      Probably not worth it just because you're right that we have no idea what the packers ML's will be

                                      But I think the worst thing you could do is break even......

                                      -350 just seemed a little low to me, but I guess it's not too bad when I think about it more
                                      Comment
                                      • gamble
                                        SBR MVP
                                        • 06-30-10
                                        • 1087

                                        #20
                                        is there another side to it or just them to win the bet?
                                        Comment
                                        • MoneyLineDawg
                                          SBR Posting Legend
                                          • 01-01-09
                                          • 13253

                                          #21
                                          Originally posted by gamble
                                          is there another side to it or just them to win the bet?
                                          I just threw teams out there.....How is Saints/ Packers UNLIKELY though?

                                          That seems to me to be the LIKELY matchup for the NFCC at this point
                                          Comment
                                          • MoneyLineDawg
                                            SBR Posting Legend
                                            • 01-01-09
                                            • 13253

                                            #22
                                            Originally posted by gamble
                                            is there another side to it or just them to win the bet?
                                            19-0 is +250, which as I explained earlier is terrible odds, considering 5dimes lets you do open parlays

                                            If you like Packers to go 19-0 on 5Dimes, just make a 7 game open parlay and take Packers ML each slot as they win......Your odds will work out to be around +500, possibly lower, but definitely not as low as +250
                                            Comment
                                            • lakerboy
                                              SBR Aristocracy
                                              • 04-02-09
                                              • 94379

                                              #23
                                              Originally posted by MoneyLineDawg
                                              I just threw teams out there.....How is Saints/ Packers UNLIKELY though?

                                              That seems to me to be the LIKELY matchup for the NFCC at this point


                                              YEah and how often do those likely matchups happen? Was Bears/Packers the likely matchup last year?
                                              Comment
                                              • FourLengthsClear
                                                SBR MVP
                                                • 12-29-10
                                                • 3808

                                                #24
                                                Originally posted by MoneyLineDawg
                                                Then you hit the prop at -350 that they DID NOT go 19-0
                                                So you are placing a risk amount from the 7-teamer on the assumption that you are going to net compunded ML odds of +500?

                                                If your assumption is wrong (do you really think they would be favoured by only 7 points at home to Dallas?) then you are not guarenteed anything.

                                                Fwiw. +350 (your breakeven point) is equivalent to average odds of -416 across all seven matches which looks good but, if an unfavoured team gets through to the Conference championship or the Superbowl it is entirely possible that you don't get that.
                                                Comment
                                                • gamble
                                                  SBR MVP
                                                  • 06-30-10
                                                  • 1087

                                                  #25
                                                  Originally posted by MoneyLineDawg
                                                  I just threw teams out there.....How is Saints/ Packers UNLIKELY though? That seems to me to be the LIKELY matchup for the NFCC at this point
                                                  misread it so i edited, my bad (thought you were saying that those teams were possible SB opponents)
                                                  Comment
                                                  • MoneyLineDawg
                                                    SBR Posting Legend
                                                    • 01-01-09
                                                    • 13253

                                                    #26
                                                    OK guys it was just an idea.....I still maintain that you wouldn't lose money on this (Meaning you would get better than +350 on the other end)

                                                    Obviously when working it out, it's really not worth it unless you were playing with huge money (Which is a moot point with the limits on prop bets)

                                                    Just an idea, carry on
                                                    Comment
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