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| Round Robin Bet Question https://foru.mma-torrents.com/viewtopic.php?f=74&t=3099 |
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| Author: | tjcinnamon [ Tue Apr 12, 2011 11:02 pm ] |
| Post subject: | Round Robin Bet Question |
I'm relatively new to betting and I am trying to wrap my head around a round robin. Is the "number of ways" where if I picked 7 fights (odds displayed below) and would only have to pick 3 of the 7 to win 397.38? Or would it be 397.38 - 175.00? -325 -145 -500 -130 -300 -300 -125 2 WAYS ------- 21 * 5 = 105 risk win 127.31 3 WAYS ------- 35 x 5 = 175 risk win 397.38 I'm also not sure if this is in the right forum section. Thanks, JOe K. |
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| Author: | mizantrop [ Wed Apr 13, 2011 6:42 am ] |
| Post subject: | Re: Round Robin Bet Question |
https://help.interwetten.com/EN/Sportsb ... te+EN.aspx Check this out. I'm in a hurry so I'll drop later if no one answers. |
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| Author: | tjcinnamon [ Wed Apr 13, 2011 6:11 pm ] |
| Post subject: | Re: Round Robin Bet Question |
I checked it and it helped for sure but I still don't fully understand it. As I posted it before: -325 -145 -500 -130 -300 -300 -125 3 WAYS ------- 35 x 5 = 175 risk win 397.38 Does this mean if any of these 3 fighters win (-500, -300, -300) I'd win the entire bet? Also, would I subtract some risk from it? Or does it mean that I would win all combinations of the 3 ways (with equal odds) and then subtract all the bets I lost? Thanks, JOe K. |
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| Author: | mizantrop [ Wed Apr 13, 2011 7:29 pm ] |
| Post subject: | Re: Round Robin Bet Question |
3 out of 7 means 35 combinations. So if you invest 100$ they are spread over 35 possible combinations. Some of them won't bring you any money so it's always good to find system calculator which will give you all possible combinations in detail. This way you will save money and you can make small bets only for combinations that can earn some cash. I suggest that you avoid systems, especially at those prices. Quote: 21 * 5 = 105 risk win 127.31 35 x 5 = 175 risk win 397.38 When betting with American odds and you win you will get the money you invested plus the money you won. It would be 232,31 in total for the first example. |
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| Author: | JOe K. [ Wed Apr 13, 2011 10:57 pm ] |
| Post subject: | Re: Round Robin Bet Question |
With Bodog it only gives you the option to pick winners and then gives you a round robin. Money is distributed evenly through each bet. Meaning I can't bet 7 on one and 3 on another. Are you saying that they winnings would be different depending on the outcome of the fights? Like I'd potentially win more if 4 of the fights won and less if only 3 of the fights won. Moreover, would it mean that if a -500 guy won I would win less than if a -200 guy won? It's deceptive because they give you one winning result but don't really say how that amount is won. The way I interpret it is if 3 fighters out of the 7 win then you win the money displayed (however, I think that may be wrong). |
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| Author: | JOe K. [ Wed Apr 13, 2011 11:04 pm ] |
| Post subject: | Re: Round Robin Bet Question |
Would a good way to go about it say would be to say 35 x 5 = 175 risk win 397.38. Mean that every combination I would win would make 11.35 (397.38/35) and every losing combination I'd lose 5? Then if all 7 win I win a max of 397.38? So each team is assigned the same odds? Thanks, JOe K. |
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| Author: | JOe K. [ Thu Apr 14, 2011 3:24 pm ] |
| Post subject: | Re: Round Robin Bet Question |
I got it figured out. Now I just need to get the equations on how to calculate it on a spreadsheet. I can do it for parlays but I am having problems figuring it out for round robin teams. |
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| Author: | Dent [ Fri Apr 15, 2011 1:29 am ] |
| Post subject: | Re: Round Robin Bet Question |
Do they say anything about Batman? |
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