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Advice needed…

PostPosted: Mon Dec 02, 2024 11:12 am
by Spargo
@Dutchy @Trader @mighty_tiger_79 @OnSong @another grub @Booney & anyone else with an opinion…

Have a 7 leg multi going, first 6 legs have got up
Final leg is the Denver Broncos to win tomorrow @ $1.39
Original invest is $200 for a payout of $7791
Sportsbet have offered cash out $4131

Thoughts?

Ps - I don’t have a Betfair account

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 11:20 am
by Brodlach
If you only knew which Browns will turn up.

Beat the Ravens and Steelers

Lose to the Saints and the Chargers

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 11:21 am
by Spargo
Brodlach wrote:If you only knew which Browns will turn up.

Beat the Ravens and Steelers

Lose to the Saints and the Chargers

Yep…

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 11:35 am
by Booney
Kahler's pick: Broncos 28, Browns 24
Moody's pick: Broncos 21, Browns 16
Walder's pick: Broncos 23, Browns 17
FPI prediction: DEN, 51.8% (by an average of 0.7 points)

https://www.espn.com/nfl/story/_/page/n ... stats-2024

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 11:47 am
by another grub
2.5k on opposition at 3.14 = 7.85k collect
200 multi = 7.79k collect

outlay 2.7k
profit 5.1k (approx)

risk free!!!!!!!

or cash out now for 4.13k (risk free - but 1k less than above)....

Pain in the as getting BIG bet on. but worth it for an extra $1,000..... maybe call them first (speak to a TRADER) before you deposit. should be right if account not flagged.

*I would be opening Betfair and taking the $3.40-$3.50 plus there over next 24 hours

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 11:50 am
by OnSong
Spargo wrote:@Dutchy @Trader @mighty_tiger_79 @OnSong @another grub @Booney & anyone else with an opinion…

Have a 7 leg multi going, first 6 legs have got up
Final leg is the Denver Broncos to win tomorrow @ $1.39
Original invest is $200 for a payout of $7791
Sportsbet have offered cash out $4131

Thoughts?

Ps - I don’t have a Betfair account

If my maths is right, you could just spend $2480 on the Browns guaranteeing a return of $7,791.
Net profit would be $5,111 which is $1000 better than the cashout offer?

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 11:50 am
by OnSong
Sorry hadn’t read Grub’s post lol

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 12:26 pm
by mighty_tiger_79
Betfair

Back opposition to have the same profit either way.

Back the opposition for a profit but keep the bigger profit with Denver who was your initial selection.

Just make sure you lock in a profit.

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 12:29 pm
by Booney
If you've got the means to back the Browns, do it, if not the game looks too close to ride that bet without any safety net. I've read about 6 previews and none of them are confident in the result.

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 12:53 pm
by Spargo
Booney wrote:If you've got the means to back the Browns, do it, if not the game looks too close to ride that bet without any safety net. I've read about 6 previews and none of them are confident in the result.

I ain’t letting it ride, trust me…

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 1:14 pm
by Trader
The numbers from another grub look about right.

My only comment would be if you aren’t willing to let a bet like this ride, then you shouldn’t put the 7th leg in to begin with.
As others have pointed out, the cash out offer is roughly $1000 below doing it yourself.

But equally, doing it yourself is still effectively having a bet on each side and paying the bookies 5% vig.

Had you just stopped at 6 legs, the payout would have been $7,791/1.39 = $5,605, another $500 higher yet again!

Multis are terrible.
Same game multi’s I can somewhat accept as you can’t get on another way, but if you are putting on multi’s across several days and have a tendency to wimp out, you are crazy imo.

(Sorry, I know you were asking for advice, not a lecture, but cashing out really boils my blood).

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 1:17 pm
by amber_fluid
Cash out and we’ll meet you at the Seacliff at 4pm for happy hour!
Your shout! ;)

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 1:29 pm
by mighty_tiger_79
Trader wrote:The numbers from another grub look about right.

My only comment would be if you aren’t willing to let a bet like this ride, then you shouldn’t put the 7th leg in to begin with.
As others have pointed out, the cash out offer is roughly $1000 below doing it yourself.

But equally, doing it yourself is still effectively having a bet on each side and paying the bookies 5% vig.

Had you just stopped at 6 legs, the payout would have been $7,791/1.39 = $5,605, another $500 higher yet again!

Multis are terrible.
Same game multi’s I can somewhat accept as you can’t get on another way, but if you are putting on multi’s across several days and have a tendency to wimp out, you are crazy imo.

(Sorry, I know you were asking for advice, not a lecture, but cashing out really boils my blood).



How do you really feel about cashing out?? :lol: I think we all agree with you btw

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 1:30 pm
by Trader
If you do the manual cash out yourself, just make sure you are backing in the same market rules.

(Ie: if you have the multi on with the tab and they include extra time, but you back the layoff with Sportsbet and their market rules are based on the end of normal time and only pay out half returns for the draw) - purely an example, I have no idea what the market rules are for NFL with each of these bookies.

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 2:53 pm
by mighty_tiger_79
The real question is what does Mrs Spargo suggest??? :lol:

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 2:55 pm
by wenchbarwer
mighty_tiger_79 wrote:The real question is what does Mrs Spargo suggest??? :lol:


I'd say she was happy with the $300 return that Spargo netted

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 2:56 pm
by amber_fluid
wenchbarwer wrote:
mighty_tiger_79 wrote:The real question is what does Mrs Spargo suggest??? :lol:


I'd say she was happy with the $300 return that Spargo netted


It’s $100 more than I would have given the missus :lol:

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 3:31 pm
by Spargo
mighty_tiger_79 wrote:The real question is what does Mrs Spargo suggest??? :lol:

Loose lips sink ships.

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 3:42 pm
by Booney
Spargo wrote:
mighty_tiger_79 wrote:The real question is what does Mrs Spargo suggest??? :lol:

Loose lips sink ships.


See you at the Seacliff then.

Re: Advice needed…

PostPosted: Mon Dec 02, 2024 3:50 pm
by Spargo
Booney wrote:
Spargo wrote:
mighty_tiger_79 wrote:The real question is what does Mrs Spargo suggest??? :lol:

Loose lips sink ships.


See you at the Seacliff then.

.