Dween
Dween
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October 25th, 2013 at 6:26:45 AM permalink
I have been using an iPad app called SportsBetting; It's a free play-for-fun sports betting game. It has helped me understand a bit more about how sports betting works... but one thing seems out of place.

I have noticed on most of the soccer games, there is either a game money line or halftime money line where both money lines are positive. Today, October 25, 2013 at 1:00, there is a game between Rosario Central vs. Belgrano. Rosario's money line is +220, Belgrano's is +129.

One aspect of this app is it's supposed to be using real games, real money lines. So, looking on Bovada's sports betting page, their money lines are similar: Rosario is +200, Belgrano is +135. There is also a draw option at +200.

Am I missing something here, or is this positive expectation? Putting $1000 on Belgrano and $850 on Rasario looks to be a $1500 profit, no matter who wins. What's the catch?
-Dween!
JIMMYFOCKER
JIMMYFOCKER
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October 25th, 2013 at 6:29:35 AM permalink
Quote: Dween

I have been using an iPad app called SportsBetting; It's a free play-for-fun sports betting game. It has helped me understand a bit more about how sports betting works... but one thing seems out of place.

I have noticed on most of the soccer games, there is either a game money line or halftime money line where both money lines are positive. Today, October 25, 2013 at 1:00, there is a game between Rosario Central vs. Belgrano. Rosario's money line is +220, Belgrano's is +129.

One aspect of this app is it's supposed to be using real games, real money lines. So, looking on Bovada's sports betting page, their money lines are similar: Rosario is +200, Belgrano is +135. There is also a draw option at +200.

Am I missing something here, or is this positive expectation? Putting $1000 on Belgrano and $850 on Rasario looks to be a $1500 profit, no matter who wins. What's the catch?

A draw and you lose both wagers.
KeyserSoze
KeyserSoze
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October 25th, 2013 at 8:28:24 AM permalink
If you routinely bet both teams in Soccer, you will get crushed because the game ends in a tie way too often.
Talent hits a target no one else can hit; genius hits a target no one else can see.
Dween
Dween
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October 25th, 2013 at 8:54:57 AM permalink
Then the app I'm using has royally screwed up. I'm looking through my betting history, and finding a lot of halftime and final score money line bets where I bet both sides. Any time a tie has happened, both wagers have been a push.

This app doesn't seem have a push wager for soccer games. I'm even seeing bets for halftime/total points that are worded "Over" and "Under", but no wager for "Exactly". Bad programming on the author's part.
-Dween!
Mission146
Mission146
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October 25th, 2013 at 8:56:50 AM permalink
Quote: Dween

Then the app I'm using has royally screwed up. I'm looking through my betting history, and finding a lot of halftime and final score money line bets where I bet both sides. Any time a tie has happened, both wagers have been a push.

This app doesn't seem have a push wager for soccer games. I'm even seeing bets for halftime/total points that are worded "Over" and "Under", but no wager for "Exactly". Bad programming on the author's part.



Are the pays on a, "For," basis or on they a, "To," basis? I.E. is the original bet returned on a win?
https://wizardofvegas.com/forum/off-topic/gripes/11182-pet-peeves/120/#post815219
ThatDonGuy
ThatDonGuy
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October 25th, 2013 at 9:04:28 AM permalink
Quote: Dween

Then the app I'm using has royally screwed up. I'm looking through my betting history, and finding a lot of halftime and final score money line bets where I bet both sides. Any time a tie has happened, both wagers have been a push.


Were they soccer bets? If "draw" is a separate choice, I would assume that a bet on either team to win loses if the match ends in a draw. (The only exception I have ever seen to this rule is in boxing - if a fight ends in a draw, bets on either boxer are a push, but bets on a draw are paid off.)

On Bovada, point spread bets appear to be a push if they hit the number exactly (for example, if the spread is "pick 'em" and the match ends in a draw).
Dween
Dween
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October 25th, 2013 at 9:57:35 AM permalink
Quote: Mission146

Are the pays on a, "For," basis or on they a, "To," basis? I.E. is the original bet returned on a win?

They return the bet on the win. For example, a $1000 bet on a +150 line will return a total of $2500 ($1000 original + $1500 win).
Quote: ThatDonGuy

Were they soccer bets? If "draw" is a separate choice, I would assume that a bet on either team to win loses if the match ends in a draw. (The only exception I have ever seen to this rule is in boxing - if a fight ends in a draw, bets on either boxer are a push, but bets on a draw are paid off.)

On Bovada, point spread bets appear to be a push if they hit the number exactly (for example, if the spread is "pick 'em" and the match ends in a draw).

They are indeed soccer bets. "Draw" is not a separate choice. So on the money line wagers, you're betting for one team or the other (or both). If they end in a tie, you get back your original wagers.
-Dween!
michael99000
michael99000
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October 25th, 2013 at 11:48:32 AM permalink
You said in the first post that betting "Draw" was a separate choice, then you said in the post above that Draw is not a separate choice
dwheatley
dwheatley
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October 25th, 2013 at 12:13:36 PM permalink
Draw is a separate choice on a real sportsbook like Bovada, but not on the play money app where the developer made a big boo-boo.
Wisdom is the quality that keeps you out of situations where you would otherwise need it
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