Ask OldmanTed - For Newbies Only..Includes Mod Email Addys.

[johnboland]

MY MAN OMT,

What is a good rule of thumb to estimate how many games one needs to win in order to return his/her wager on Round Robin bets. A typical example might look as such:

Clemson +5 -110
NC State +7 -110
Duke -8 -110
Virginia +10 -110
Maryland -3 -110
Florida State-3 -110
Miami +4 -110

Risking $56.00 to win $275.00 in Round Robin Three.

What is an easy way to calculate how many game do I need to win in order for the book to return my wager and then everything after that is profit.

Thank For Time And Consideration,

JJB

 

[rebubula]

OMT,
What are 10 cent lines? Thanks.

 

[oldmanTED]

john boland

MY MAN OMT,

What is a good rule of thumb to estimate how many games one needs to win in order to return his/her wager on Round Robin bets. A typical example might look as such:

Clemson +5 -110
NC State +7 -110
Duke -8 -110
Virginia +10 -110
Maryland -3 -110
Florida State-3 -110
Miami +4 -110

Risking $56.00 to win $275.00 in Round Robin Three.

What is an easy way to calculate how many game do I need to win in order for the book to return my wager and then everything after that is profit.

Thank For Time And Consideration,

JJB

Going to need some time on this question so please be patient.

 

[oldmanTED]

OMT,
What are 10 cent lines? Thanks.

First of all, welcome to the RX. 10 cent lines refer to the juice and are most commonly referred to when betting on baseball. Some books use a 20 cent line which costs you more. An example of the two is shown below:

20 cent line:

Team A: -120
Team B: +100

10 cent line:

Team A: -110
Team B: +100

 

[rebubula]

Thank you.

 

[oldmanTED]

Round Robin Bets

MY MAN OMT,

What is a good rule of thumb to estimate how many games one needs to win in order to return his/her wager on Round Robin bets. A typical example might look as such:

Clemson +5 -110
NC State +7 -110
Duke -8 -110
Virginia +10 -110
Maryland -3 -110
Florida State-3 -110
Miami +4 -110

Risking $56.00 to win $275.00 in Round Robin Three.

What is an easy way to calculate how many game do I need to win in order for the book to return my wager and then everything after that is profit.

Thank For Time And Consideration,

JJB

A round robin bet is a set of parlays on 3-or-more teams that are all entered at once. The bet is determined by selecting the 3-or-more teams included in the round robin and the size of the parlays used to combine them. For example, a 5-team round robin bet 3-ways would consist of all 10 3-team parlays that can be made from the 5 teams included in the round-robin.

Instead of selecting just one parlay size for the round robin some books allow you to select a maximum size, so that the round-robin will consist of all parlays consisting of at most some number of teams. For example, a 5-team round robin bet at most 4-ways would consist of 25 bets in total (5 4-team parlays, 10 3-team parlays, and 10 2-team parlays).
This calculator determines the maximum win and loss amount for a given round-robin, as well as the situational results based upon whether or not each underlying game wins, loses, or pushes.

Click Here to visit Calculator.

Use the calculator to figure how much you win in a 3 teamer on up so you can see the break even point or close to the break even point. I believe in a 3 teamer you have to hit 1 to break even or actually win a little.

 

[johnboland]

OUTSTANDING RESEARCH OMT.

You have definetly found your niche in life.

JJB

 

[oldmanTED]

OUTSTANDING RESEARCH OMT.

You have definetly found your niche in life.

JJB

Thank you but I had help. You might want to try Googling "Round Robin Calculator"

 

[johnboland]

OMT,

Do you see any advantages or disadvantages to wagers involving the first ten minutes say in NCAA basketaball and the first 60 mins in NHL respectively. Since NHL hockey is played in three twenty minute periods, this wager, it seems, would only really come into play when a tie is involved at the end of regulation. The +1/2 - 1/2 line would be the deciding factor would it not? Same is true in first ten minutes of basketball. Have looked at these lines before, but could not find the courage to play the wager. Any thoughts of comments?

Thanks For Listening,

JJB

 

[oldmanTED]

OMT,

Do you see any advantages or disadvantages to wagers involving the first ten minutes say in NCAA basketaball and the first 60 mins in NHL respectively. Since NHL hockey is played in three twenty minute periods, this wager, it seems, would only really come into play when a tie is involved at the end of regulation. The +1/2 - 1/2 line would be the deciding factor would it not? Same is true in first ten minutes of basketball. Have looked at these lines before, but could not find the courage to play the wager. Any thoughts of comments?

Thanks For Listening,

JJB

I don't particularly see an advantage in the first 60 minutes of the NHL, however, in basketball, primarily college hoops and not the NBA, the first ten minutes can be highly affected by the emotion of certain teams, depending on the importance of the particular game and when and where it is being played. Rivalry and revenge games often present an edge in the early part of the game in college basketball.

 

[johnboland]

Thanks for the response. Might consider playing some first ten minute wagers in near future.

 

[BAM]

How come I can't start threads?

 

[oldmanTED]

How come I can't start threads?

To start a thread, click on the blue "New Thread" tab at the top left corner in any of our forums and a new window will open up to allow you to title your thread and write your text.

 

[SportSavant]

I don't particularly see an advantage in the first 60 minutes of the NHL

a few years back if 2 teams were tied after 60 minutes they would play a 5 minute Overtime period, if still tied, the game would go in the books as a DRAW.

things have changed however, now if things are still tied after 60, they play a 5 minute overtime period but it is 4 skaters against 4 skaters instead of the standard 5 skaters against 5.

If still tied after the 5 minute overtime they then go to the shoot out.

If you feel that your team has a good chance of being tied after 60 minutes but you do not like their chances in overtime and shoot out because of their goalie or their skaters, you may want to consider 60 minute betting. Another time would be if you think your team can easily win in 60 minutes.

Another huge consideration is that if you go to overtime in the NHL you automatically earn 1 point. As the season winds down many teams will "Play for the tie" near the end of the game in order to ensure that they earn at least 1 point. Thus, taking +0.5 goals in 60 minutes can be quite a strategy going down the stretcch when looking at teams that are desperate for points. In the NHL there are three points awarded when a game goes to OT, 2 points for the OT winner, and 1 point for the OT loser.

Many people also find that betting on the TIE AFTER 60 on odds of anywhere from +300 to +400 at the end of the year is a profitable bet as at least 1 in 4 games goes to Overtime.

We have discussed this strategy often in the NHL room at the RX.

you can find the NHL forum here:
http://www.therxforum.com/forumdisplay.php?f=113

 

[moocow]

OMT

Is 10 bets placed in a single day too many if they are strictly flat single bets? How many games do you bet per day?

 

[oldmanTED]

OMT

Is 10 bets placed in a single day too many if they are strictly flat single bets? How many games do you bet per day?

First of all, welcome to the RX. Now, as to your question, the answer to your question is that 10 bets is not too many provided you keep each play at a small percentage of your bankroll, i.e. 1% or less. This way, the 10 bets, even if you lose all 10, will only impact your bankroll up to 10% or so. That being said, if you are new to this business, you might want to start with a fewer number of plays in any given day as you are learning the ropes.

As for me, I tend to make 1 to 3 bets on an average day, sometimes none, but when days with large cards in college football or basketball, particularly Saturdays are offered, I am likely to have 5 or more wagers.

 

[ExquisitePix]

Ted,

When can I start using private messaging?


thanks

 

[oldmanTED]

Ted,

When can I start using private messaging?


thanks

Your private messaging is now working, however, if you use it to promote sites like Profootballtalk.com you will not only lose that privilege but will be subject to Post Review or Banning. If you want to promote sites like the one mentioned, do so in the Site Promotion Forum only. Thanks.

 

[Luonel]

Ted, i uploaded picture for avatar. size 100-100 4,7kb, but i don't see my avatar under my nick name. why?
could't you set me this avatar manually?

 

[oldmanTED]

Done!