Congrats on getting this far. If you want to hedge yourself .. He is your best option.
Take the under 51 for 200. The following scenarios will now be in play.
- If total score is:
Under 46 - you will win 750 (550 + 200)
Between 46-50 - you will win both! 1120 (920 + 200)
Over 51 - you will win 700 (920 - 220)
Push 51 - you will win your pool prize of 920
If Alabama loses, does the tie-breaker still apply?
Me likes Vig... so if you do decide to hedge.Quote: DRich
How do I figure out a bet to return the highest ev based on the following scenario:
I am in a small football contest where each contestant picked a winner for each college bowl game for a $20 entry. With one game remaining I am tied with one other player for first place and I can finish no lower than 2nd.
!st place is $920
2nd place is $550
Both of us have Alabama to win the game so it will come down to the tie breaker which is whoever comes closest to the total points scored in the game.
I selected a total of 51 points and my opponent select a total of 40 points.
The current total for that game at the sportsbooks is 51.
My thought is that if I bet $x on the under I basically have a 5 point middle where I can win first place and win my bet at the sportsbook. My initial thought was to bet around $300 on the under at the sportsbook but is there a way to calculate the optimum bet?