Da webster guy Posted January 20, 2019 Posted January 20, 2019 Well I can't stand the thought of the Pats being in the bowl, so I placed an insurance bet risking $200 to win $270 on the Pats money line (NE to win outright). I'm prayin they lose, but if they don't at least i'm takin the family out for a steak dinner on the Boston Whiners. Pain Management. Thought I'd share. 6 2 1
Nextmanup Posted January 20, 2019 Posted January 20, 2019 No point spread. If the Patriots win, you win $70. Not a bad strategy, but then it's like the joy of a Patriots loss is costing you $200! I guess it's worth it! Maybe I can take out a similar bet, but not on the outcome of the game. I'll risk $200 to win $70 that Tom Brady will not be seriously injured. Then if he is, it costs me $200, but that's money well spent. 3
BillyWhiteShows Posted January 20, 2019 Posted January 20, 2019 10 minutes ago, Da webster guy said: Well I can't stand the thought of the Pats being in the bowl, so I placed an insurance bet risking $200 to win $270 on the Pats money line (NE to win outright). I'm prayin they lose, but if they don't at least i'm takin the family out for a steak dinner on the Boston Whiners. Pain Management. Thought I'd share. Good idea sir
BakersBills Posted January 20, 2019 Posted January 20, 2019 14 minutes ago, Nextmanup said: No point spread. If the Patriots win, you win $70. Not a bad strategy, but then it's like the joy of a Patriots loss is costing you $200! I guess it's worth it! Maybe I can take out a similar bet, but not on the outcome of the game. I'll risk $200 to win $70 that Tom Brady will not be seriously injured. Then if he is, it costs me $200, but that's money well spent. He wins 270 2
Nextmanup Posted January 20, 2019 Posted January 20, 2019 2 minutes ago, BakersBills said: He wins 270 Yeah but he profits $70. I see your point though. Technically that is correct. You can see I don't gamble. 1
billvernsays Posted January 20, 2019 Posted January 20, 2019 1 minute ago, Nextmanup said: Yeah but he profits $70. I see your point though. Technically that is correct. You can see I don't gamble. No he wins 270. The Pats are dogs, taking them with the money line will get you your money back plus the premium minus the VIG He’d profit 270 2
Rc2catch Posted January 20, 2019 Posted January 20, 2019 God bless ya... It’s a loss for me either way since I hate both teams. NFC cheering for me.. I can’t bet on KC or NE
BillsfaninChicago Posted January 20, 2019 Posted January 20, 2019 I actually thought about doing that too. Basically buy a put options on my wanting the Patriots to lose long position.
Da webster guy Posted January 20, 2019 Author Posted January 20, 2019 It will be the best $200 ive ever spent if I have to hand it over, it means I can enjoy the superbowl.
Nextmanup Posted January 20, 2019 Posted January 20, 2019 14 minutes ago, billvernsays said: No he wins 270. The Pats are dogs, taking them with the money line will get you your money back plus the premium minus the VIG He’d profit 270 I see you gamble a lot more than me. He said he risked $200 to win $270. Sounds like you are saying that he really risked $200 to win $470. $200 goes out, but $470 comes back if the Patriots win. If I understand what you are saying correctly.
RiotAct Posted January 20, 2019 Posted January 20, 2019 I’ve thought about doing this (bet on the opponent outright) if the Bills ever make the Super Bowl again. Am I an #######?
LSHMEAB Posted January 20, 2019 Posted January 20, 2019 9 minutes ago, Nextmanup said: I see you gamble a lot more than me. He said he risked $200 to win $270. Sounds like you are saying that he really risked $200 to win $470. $200 goes out, but $470 comes back if the Patriots win. If I understand what you are saying correctly. That's exactly right. Let's say you bet the Chiefs moneyline(just to win), you'd win somewhere around 150 for the 200 dollar bet grossing 350. The Pats are the dog so you're going to WIN more than you bet (270 grossing 470). You profit either way(assuming you win), but the profit will always be greater for the dog. The OP may be a bit disgruntled if the Chiefs win by 1,2, or 3! 1
Matty the Dustmop Posted January 20, 2019 Posted January 20, 2019 You only win 270 where do you get 470 from you only bet the 200 ...not sure what kind of bookie you have but if I remember correctly you lose you the pay the 200 plus the juice
LSHMEAB Posted January 20, 2019 Posted January 20, 2019 3 minutes ago, Matty the Dustmop said: You only win 270 where do you get 470 from you only bet the 200 ...not sure what kind of bookie you have but if I remember correctly you lose you the pay the 200 plus the juice The 470 is what you COLLECT. That figure was used to explain the profit of 270.
RobbRiddick Posted January 20, 2019 Posted January 20, 2019 I plan on doing the same if they get to the Superbowl.
Matty the Dustmop Posted January 20, 2019 Posted January 20, 2019 So if the profit was 270 the bet would have to be 200 to won 470
Warcodered Posted January 21, 2019 Posted January 21, 2019 (edited) So did it work or do you just feel dirty now? Edited January 21, 2019 by Warcodered
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