- Day 1
- Current Bankroll: $1,000
- Goal Bankroll: $10,000
- r: 0.0098
- Necessary expected win: $9.80
P = 10,000
C = 1,000
n = 236
Necessary expected win = r * c
Day 1 will be a 4 team parlay, with odds of 11.01-1. I locked mine in at 5Dimes. I would recommend either 5Dimes or BetJamaica for American players.
I can confirm that 5Dimes offers true odds for 4 teamers. Be sure to check your own book before placing the bet if you are using someone else.
Pending 4 Team Parlay
Pending 5/9/10 2:05pm MLB Baseball 919 Toronto Blue Jays/Chicago White Sox Over 8 -115* (R Romero - L must Start G Floyd - R must Start)
Pending 5/9/10 2:10pm MLB Baseball 922 Minnesota Twins -146* vs Baltimore Orioles (B Matusz - L must Start N Blackburn - R must Start)
Pending 5/9/10 4:10pm MLB Baseball 927 Los Angeles Angels -108* vs Seattle Mariners (E Santana - R must Start J Vargas - L must Start)
Pending 5/9/10 8:05pm MLB Baseball 929 New York Yankees -102* vs Boston Red Sox (A Burnett - R must Start J Lester - L must Start)
I am estimating that we win the Sox bet 58% of the time, the Twins bet 67% of the time, the Yanks bet 58% of the time and the Angels bet 56% of the time. This makes our odds of winning the parlay .58*.67*.58*.56 = 12.62%.Pending 5/9/10 2:05pm MLB Baseball 919 Toronto Blue Jays/Chicago White Sox Over 8 -115* (R Romero - L must Start G Floyd - R must Start)
Pending 5/9/10 2:10pm MLB Baseball 922 Minnesota Twins -146* vs Baltimore Orioles (B Matusz - L must Start N Blackburn - R must Start)
Pending 5/9/10 4:10pm MLB Baseball 927 Los Angeles Angels -108* vs Seattle Mariners (E Santana - R must Start J Vargas - L must Start)
Pending 5/9/10 8:05pm MLB Baseball 929 New York Yankees -102* vs Boston Red Sox (A Burnett - R must Start J Lester - L must Start)
.1262(11.01) - .8738 = .51562
So, .51562 is the amount we expect to win for every dollar bet (parlays are cool, huh).
9.8/.51562 = $19.01
So, you should be making a $19.01 bet on the above parlay.
Good luck!