Found Decent Hedge Bet Cubs Game

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I bet 1100 on Pitt ML and 1100 on Cubs -1.5 runline, pitt pays +140 cubs runline pays +135 only way to lose is if cubs win by 1
 

Life is Good
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Jones,

Lot of risk for very small return - this is not a great idea.

HW
 

Mila Kunis.... why I watch bad movies
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GL.

FYI - cubs play a very low percentage of 1 run games. pirates are about average.

lazzonya
 

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didnt say it was a great idea but return is either 400 profit or almost 600, not bad odds if you ask me
 

Rx. Poster
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so you could lose 2200 or you could win 540 or 485, bad bet in my opinion but i hope you win
 

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that is correct but its not 50 50 anymore the winning perc is a lot higher, i guess thats the sacrifice to get the winning perc higher thanks jimmy
 

Life is Good
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I can try to give you the mathematical version of why this is a terrible bet, but I will save the time and explain this way:

This bet has a better chance of winning than 50/50, that is true. But what you are risking as opposed to what you will get in return is not anywhere near what you should get. $385 or $440 should be more like $600 or $650, at least. And that assumes that the Cubs and Pirates stay like they have been so far this season.

I wish you luck, I really do, and this may work a few times, but overall, this system gets you closer to the outhouse than the penthouse.

HW
 

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A profit can be scratched out doing this but it requires a large amount of understanding of the math and a book like Matchbook with low juice on the RL to make it work. 99% of the people that try this fail because they don't understand the math. Basically, because the home team wins by 1 17.4% of the time from a database of over 30000 games, you're consistently playing -475 plays over and over again, trying to scratch out those winners and avoiding the occasional big loser. There are usually 2 to 3 positive expectation plays a day using this system but again, most have no clue on the math to figure them out.
 

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wow didnt even think to take it to that kind of level, just curious did my game fall as a good pick in that equation,
 

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Close. Your play results in a -0.5% overlay. So it's a negative expectation play but not by much.
 

Dice, Sports & Cocktails
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its called

batrof

bet
against
the
run-line
or
favorite
 

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Uncalled for will not be tolerated. Considered yourself warned for improper behaviour in the sport forums. Next time post review.


wilheim
 
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wow honkee thanks for the positive words, you must have a lot of friends and be the social butterfly of the group
 

Rambling Wreck Alumni
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Very interesting idea, looking at yesterday's scoreboard it would of won every game except two (Tor/Minn and CWS/LAA). If you're averaging(laying 1k both ways on each game), let's say $300 a win, but lose ~$2000 for the one scenario, you would of won 10 games for $3000 but lost 2 games for -$4000 for a net loss, so I guess it kind of really does eliminate the reward factor laying that much.

What about the strategy of doubling your bet plus a unit after every loss, I would think you could do this as long as you don't have a horrible losing streak (which everyone has) and also limit per game would affect it.
&1 COUNT IT! :lolBIG:
 

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