teachercd
Head Coach
Ha...
That is true...but that are very inviting odds. I am thinking of putting money on a few teams.
Early Shark Odds
- Thread starter Hooked on Huskers
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That is true...but that are very inviting odds. I am thinking of putting money on a few teams.
teachercd
Head Coach
B.B. Hemingway
All-American
4skers89
All-Conference
I was going to ask how he was going to bet to know what not to do.
I just picked the top 3 teams because it looked like if you evenly bet money on them and one won then you would win. Not money in Nebraska's case but if Purdue or Wisconsin won you'd get some consolation cash. Odds favor Purdue.
Scratchtown
All-Conference
Bovada Odds
8/30/19
Rutgers (-14.5) - vs UMASS (6:15pm CT on BTN)
Michigan State (-22.5) - vs Tulsa (6:00pm CT on FS1)
Wisconsin (-13.5) - @ USF (6:00pm CT on ESPN)
Purdue (-9.5) - @ Nevada (8:30pm CT on CBS Sports Net)
8/31/19
Illinois (-16.5) - vs Akron (11am CT on BTN)
Indiana (-16.5) - vs Ball State (11am CT on CBS Sports Net)
Ohio State (-27) - vs FAU (11am CT on FOX)
Nebraska (-35.5) - vs South Alabama (11am CT on ESPN)
Northwestern (+6.5) - @ Stanford (3pm CT on FOX)
Iowa (-21.5) - vs Miami, OH (6:30pm CT on FS1)
Michigan (-33) vs Mid Tenn State (6:30pm CT on BTN)
No Line
Minnesota vs South Dakota State (Aug 29, 8pm CT on FS1)
Maryland vs Howard (Aug 31, 11am CT on BTN)
Penn State vs Idaho (Aug 31, 2:30pm CT on BTN)
8/30/19
Rutgers (-14.5) - vs UMASS (6:15pm CT on BTN)
Michigan State (-22.5) - vs Tulsa (6:00pm CT on FS1)
Wisconsin (-13.5) - @ USF (6:00pm CT on ESPN)
Purdue (-9.5) - @ Nevada (8:30pm CT on CBS Sports Net)
8/31/19
Illinois (-16.5) - vs Akron (11am CT on BTN)
Indiana (-16.5) - vs Ball State (11am CT on CBS Sports Net)
Ohio State (-27) - vs FAU (11am CT on FOX)
Nebraska (-35.5) - vs South Alabama (11am CT on ESPN)
Northwestern (+6.5) - @ Stanford (3pm CT on FOX)
Iowa (-21.5) - vs Miami, OH (6:30pm CT on FS1)
Michigan (-33) vs Mid Tenn State (6:30pm CT on BTN)
No Line
Minnesota vs South Dakota State (Aug 29, 8pm CT on FS1)
Maryland vs Howard (Aug 31, 11am CT on BTN)
Penn State vs Idaho (Aug 31, 2:30pm CT on BTN)
Gage County
Banned
I believe you're correct, and the bets are $110 ($100 bet plus 10% juice or $10). So the 3 bets require $330. If one hits, you get your bet of $110 back plus payout.
No?
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4skers89
All-Conference
That changes things quite a bit.
If you bet $100 each on the top 3 of Nebraska, Wisconsin and Purdue to win the west you could profit:
Nebraska 110 + 300 - 330 = +80
Wisconsin 110 + 350 - 330 = +130
Purdue 110 + 400 - 330 = +180
If you bet $100 each on the top 4 of Nebraska, Wisconsin, Purdue, Minnesota to win the west you could profit:
Nebraska 110 + 300 - 440 = -30
Wisconsin 110 + 350 - 440 = +20
Purdue 110 + 400 - 440 = +70
Minnesota 110 + 475 - 440 = +145
It looks like you have a good chance of winning some money and bad luck if Iowa wins it.
If you bet $100 each on the top 5 of Nebraska, Wisconsin, Purdue, Minnesota and Iowa to win the west you could profit:
Nebraska 110 + 300 - 550 = -140
Wisconsin 110 + 350 - 550 = -90
Purdue 110 + 400 - 550 = -40
Minnesota 110 + 475 - 550 = +35
Iowa 110 + 500 - 550 = +50
Good chance of losing money
Or you could not bet on Nebraska to win and eat the loss if they do.
Wisconsin 110 + 350 - 330 = +130
Purdue 110 + 400 - 330 = +180
Minnesota 110 + 475 - 330 = +255
Wisconsin 110 + 350 - 440 = +20
Purdue 110 + 400 - 440 = +70
Minnesota 110 + 475 - 440 = +145
Iowa 110 + 500 - 440 = +170
This is why I don't bet. CFB is too unpredictable to bet on a single team and risking $330-550 to win relatively smaller amounts doesn't seem worth it.
For not betting that's pretty in depth handicapping. I would never spend the time to write this out, but people should really read this, probably the best post I've ever seen. Before people place any bet they should be doing this analysis. It's similar to betting on early line, having it move and bet the opposite to try to hit a double.
4skers89
All-Conference
I pay attention to spreads on games and have no idea if a team will beat the spread or not so I immediately decided it was foolish for me to bet individual games. This seemed more appealing since it kind of takes out some of the game to game variability so I did the analysis of whether you could simply spread the bet and make it worth while. I thought that was reasonable since who picked NW last year? I also looked at eliminating betting on Nebraska to take the emotional factor out since as a fan you would be faced with double elation, elation and annoyance at losing money or double annoyance but that didn't seem to make sense either. I think some people bet on games because it enhances their fan experience but for me the nervousness of losing money would detract from watching games. I enjoy watching CFB games for the excitement and competitiveness of it and the only time I'm on edge is watching Nebraska games. Betting would definitely change things for me (in a negative way) Most gamblers I know only talk about their winnings and not their losses so I suspect they are losing money. If someone enjoys betting on games and it isn't causing them financial problems, enjoy. Personally, I'd rather drive down the road tossing out money and watch people's reaction but I wouldn't do that either.