Archive for July, 2014

This world cup 2014 multi-bet has been doing the rounds.

  • Brazil and Chile to draw @ $4.25
  • Colombia to defeat Uruguay @ $2.00
  • Holland to defeat Mexico @ $2.10
  • Costa Rica and Greece to draw @ $3.10
  • France to defeat Nigeria at $1.50
  • Germany and Algeria to draw@ $5.50
  • Argentina and Switzerland draw @ $4.33
  • Belgium and USA to draw @ $3.60

Where a $10 bet won $71 161.

4.25 x 2 x 2.1 x 3.1 x 1.5 x 5.5 x 4.33 x 3.6 = 7116.136 x $10 = $71 171.36

As there are 3 outcomes in a soccer match, and it was an 8 leg multi, the odds of winning the bet are 3 x 3 x 3 x 3 x 3 x 3 x 3 x 3 = 6561. As the bet had odds of 7116, it was a ‘good bet’ as the odds of winning were exceeded by the odds of the ticket.

This was helped by the 5 draws that were included, at odds of 4.25, 3.1, 5.5, 4.33 and 3.6, all of which were over the 3-1, which is the benchmark for soccer odds with the 3 possible results.

These odds covered the returns for the wins of 2, 2.1 and 1.5, which are all below the 3-1.

So from my point of view (if you have been reading this blog about smart punting) this is the way to go when trying to land the big one (or any bet for that matter). If you always try and get a return that surpasses the actually odds of winning the bet, you are gambling in a way that gives you the best chance of making a profit in the long run.

And if you happen to walk home with $70k in the process, more power to you!

 

Beaner

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