kgb92
kgb92
Joined: Oct 10, 2017
  • Threads: 3
  • Posts: 25
January 24th, 2018 at 5:52:58 PM permalink
Somebody tell me why I should not lay 825 to win 100 on this that knows hockey. Thanks
Mission146
Mission146
Joined: May 15, 2012
  • Threads: 127
  • Posts: 13454
January 24th, 2018 at 6:49:33 PM permalink
Quote: kgb92

Somebody tell me why I should not lay 825 to win 100 on this that knows hockey. Thanks



I don't need to know hockey to say you should take that, only betting.

According to VegasInsider:

http://www.vegasinsider.com/nhl/odds/futures/

You are able to pick the Golden Knights to win the Stanley Cup at 10/1 Odds, which means that if they win you collect $1,000 and get your original $100 back.

Assuming you make the -825 bet, you have a free roll. You bet -$825 on them NOT to win the Stanley Cup and then make the futures bet of $100 ON THEM to win the Stanley Cup.

If they win, then you make $1000 and lose $825 on your bet for them not to win for a profit of $175. If they lose, then you win $100 on your -825 bet, but lose $100 on your $100 bet on them TO WIN and breakeven overall.

Unless you think the -825 is a good bet by itself. (I don't really feel the need to look into that, and I also think it would be pretty close...so would probably just depend howe you look at it) If you think the -825 is a good bet by itself, then maybe just do that...but I like the freeroll, personally. I would take the free roll every time, but if you think the -825 is good, then one could argue that you're hedging.
Vultures can't be choosers.

  • Jump to: