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Math question on betting the NFC
Anyone want to verify me on this?
I just bought Seattle (+289) and Carolina (+454) to win the superbowl. I risked $100 on Sea and $64 on Car (or in that ratio anyways)...basically, a $290 payoff on either bet. According to the moneyline on Pinny, the no-juice ML on the NFC championship game is +175. This translates to a Carolina win 37% of the time and a Seattle win 63% of the time, right? So I have a bet that will have a potential payout of total of $354 37% of the time and a potential total payout of $390 63% of the time, I think. This translates to a total average payout of $376 if the NFC wins the SB. So I'm paying out $164 for a profit of $212. 212/164 ~= 1.3 So I basically have the NFC to win the SB at +130. Or so I think. Am I close? |
Re: Math question on betting the NFC
[ QUOTE ]
So I'm paying out $164 for a profit of $212. 212/164 ~= 1.3 So I basically have the NFC to win the SB at +130. Or so I think. [/ QUOTE ] This is about right, but I don't understand why you would bet it that way. Why not just bet NFC +3.5 or wait for the ML next week? You should be able to get better than +130 next week. |
Re: Math question on betting the NFC
Yeah, I'm not too bright when it comes to sports betting.
I happened to make a bet on Seattle last night and today I decided I wanted to put a bet on Carolina too. Then I decided I wanted to do a fun math problem, so I put .64x of my seattle bet on Carolina. Basically, +130 translates to maybe a +2 or +2.5 spread, right? |
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