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Old 09-03-2006, 03:50 PM
MicroBob MicroBob is offline
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Join Date: Sep 2003
Location: The cat is back by popular demand.
Posts: 29,344
Default Re: Max value for Mansion hedge (including promos)

Right, I got the SIA 10% on my $500 deposit as well.

I'm not sure if I have to clear that as well for the $50 bonus that they gave me there in order to cash-out.

Doesn't make a huge difference to me. I can run through the clearing requirement they have if necessary.

But I think it's relevant for those who are thinking of doing this.


Regarding the hedge:
Miami winning by 4 works out just fine for you. Miami is getting +4 in this bet.


Here's what I'm probably doing:

1. $1100 on PIT -5 via Mansion

2. Make a few $10 bets at SIA on various games to get through part of the $500 clearing requirement for $250 CCU bonus.

3. $320 or so on MIA -4 at SIA


- If PIT wins by 6 or more: Win $1000 on PIT at Mansion. Lose $320 bet on Miami at SIA, but get $250 bonus for -$70 on SIA = +$930

- If PIT wins by exactly 5: Push on Mansion (refund). Lose $70 on SIA = -$70

- If PIT wins by exactly 4: Refund on Mansion. Push on SIA bet plus $250 bonus = +$250

If PIT wins by less than 3 or Miami wins: Refund on Mansion. Win
bet on SIA for $290 + $250 bonus = +$540



This is not the highest EV.
It's just a semi-interesting way of doing it.

So I'm probably going to be +$540 or +$930.
With a slight chance that I'll only be +$250 or -$90.


It's a free freaking $1100 bet PLUS an easy $250 bonus at SIA so it's +EV no matter which way you go.
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