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Big Bet Tomorrow, Help Needed.

  • 13-06-2014 11:40pm
    #1
    Closed Accounts Posts: 613 ✭✭✭


    Hi All.

    I am on my last game in a 10 game accumulator tomorrow.

    Need Uruguay to beat Costa Rica and I win 7000 euro, from a 14 euro bet.

    Now I have came this far, don't want to be left empty handed and going to cover my bases.

    I am thinking of putting 1000 euro on a draw @ 4.3/1 and 500 euro on Costa Rica to win @ 9/1

    If Uruguay win I take home 5500

    If it's a draw I take home 3300

    If Costa Rica win I take home 3500

    Anyone have any better idea?

    I have a Paddy Power online account, mate at work said I should set up a Betfair account and Lay Uruguay, not sure still if that will work.

    Appreciate any help here, this is big money for me, normally don't do any gambling.


«1

Comments

  • Moderators, Education Moderators, Sports Moderators Posts: 10,973 Mod ✭✭✭✭artanevilla


    I'd just ride it out and hope Uruguay beat Costa Rica. Just remember you're losing 14 not 7000.


  • Closed Accounts Posts: 1,051 ✭✭✭jantheman91


    I'd just ride it out and hope Uruguay beat Costa Rica. Just remember you're losing 14 not 7000.

    Why would you do that when he can guarantee himself 3,000?

    OP, do what you said you were going to do, it's idiot proof.


  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    I'd just ride it out and hope Uruguay beat Costa Rica. Just remember you're losing 14 not 7000.

    I was thinking like that as well, but I would be kicking myself If I won nothing.

    I can win money on all scenario's If I cover myself.


  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    Why would you do that when he can guarantee himself 3,000?

    OP, do what you said you were going to do, it's idiot proof.

    Am I doing it right though?

    Is there any easier way of doing.

    I am reading about lay betting now, but still can't get my around it.


  • Registered Users, Registered Users 2 Posts: 173 ✭✭Kop On


    I'd just ride it out and hope Uruguay beat Costa Rica. Just remember you're losing 14 not 7000.

    Bonkers strategy! .... By covering the bets the OP can't lose.

    OP - what you've suggested looks good. Fair play, nice bet!


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  • Registered Users, Registered Users 2 Posts: 64 ✭✭sburn


    Agree on covering the bet, just an edit would the draw not leave you with €3,800.


  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    sburn wrote: »
    Agree on covering the bet, just an edit would the draw not leave you with €3,800.

    Draw odds are 4.33/1

    I would put on a thousand euro to win 4330 - my 1000.

    I am going to cover the bet, but not sure how to maximise my winnings with the 3 scenarios win,lose,draw.

    If I put on 1200 to draw at 4.33/1 I will come out with 5200 winnings - 1200 for bet

    4000 for draw.

    Put 500 on Costa Rica win at 9/1 I will come out with 4500 winnings - 500 for bet.

    4000 for Costa Rica win

    Uruguay win I come out with 6900 winnings - 1700 on losing bets .

    5200 for Uruguay win

    I think that looks good.

    Guaranteed 4000 euro.


  • Closed Accounts Posts: 1,051 ✭✭✭jantheman91


    Y2KBOS86 wrote: »
    Draw odds are 4.33/1

    I would put on a thousand euro to win 4330 - my 1000.

    I am going to cover the bet, but not sure how to maximise my winnings with the 3 scenarios win,lose,draw.

    If I put on 1200 to draw at 4.33/1 I will come out with 5200 winnings - 1200 for bet

    4000 for draw.

    Put 500 on Costa Rica win at 9/1 I will come out with 4500 winnings - 500 for bet.

    4000 for Costa Rica win

    Uruguay win I come out with 6900 winnings - 1700 on losing bets .

    5200 for Uruguay win

    I think that looks good.

    Guaranteed 4000 euro.

    Sounds like a plan!

    Enjoy the money. :cool:


  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    Must say thanks very much lads for your help, my mind is at ease now, been thinking about this all day.

    Brazil to beat Croatia was my 9th bet on the accumulator, I got very lucky there.


  • Registered Users, Registered Users 2 Posts: 2,191 ✭✭✭NewApproach


    I never understand wishing to lay off at this juncture. OP, when you placed the bet, why did you include the last team in it if you will only be looking to hedge should you be lucky enough for the first seven teams to win? You are costing yourself money in EV terms by laying off, as you're being hit with margin twice.


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  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    I never understand wishing to lay off at this juncture. OP, when you placed the bet, why did you include the last team in it if you will only be looking to hedge should you be lucky enough for the first seven teams to win? You are costing yourself money in EV terms by laying off, as you're being hit with margin twice.

    Hi NewApproach, could you explain this to me again.

    I'm not sure I totally understand.

    Appreciate your advice


  • Registered Users, Registered Users 2 Posts: 2,191 ✭✭✭NewApproach


    Y2KBOS86 wrote: »
    Hi NewApproach, could you explain this to me again.

    I'm not sure I totally understand.

    Appreciate your advice

    Every selection in your accumulator has implied overround for the booker. By lumping them all in together, the bookmakers overround is compounded. Let's say your long term expected return on a single selection is 96% (I.e. 4% profit to bookmaker). If you are doing a 10 team accumulator, your expected return is only c.66%, so the bookies margin is far higher.

    So by including additional selections in a high margin bet, and then looking to manage your position later by betting into the same market on the other side on the final selection, you are effectively backing every selection is a 105% or whatever market. As such you'd have been better off not including the final selection at all, or given you already have, the EV call is probably to let it ride.

    Tl;dr: don't do accumulators.


  • Registered Users, Registered Users 2 Posts: 7,123 ✭✭✭the whole year inn


    First of fair play!!

    It's there no cash out option for this?

    How about you take costa Rica +1 Asain handicap 3.5k on @ 2.050
    So if Uruguay wins by more than 1 you win 3.5k,if they win by just 1 you win 7k and if they draw you win 3.6k?
    That's assuming you can get 3.5k on.


  • Closed Accounts Posts: 1,382 ✭✭✭AndonHandon


    OP, I would stick to your OP plan. See it this way; €14.00 initial stake and at least €3,500.00 take home. All it was was a 10-team acca and a relatively low stake. Take your significant returns while you can now and look to the next €14.00, 10-team acca.


  • Closed Accounts Posts: 1,051 ✭✭✭jantheman91


    First of fair play!!

    It's there no cash out option for this?

    How about you take costa Rica +1 Asain handicap 3.5k on @ 2.050
    So if Uruguay wins by more than 1 you win 3.5k,if they win by just 1 you win 7k and if they draw you win 3.6k?
    That's assuming you can get 3.5k on.

    That's not much different to what he was doing, and is less complicated as he already knows what to do.

    My advice to him is to just do what he was going to do.


  • Registered Users, Registered Users 2 Posts: 112 ✭✭Kyro


    If that was me I'd let it ride. Go hard or go home. Especially since I think Uruguay will win tomorrow.

    But I can understand you wanting to guarantee yourself money.

    Good luck either way.


  • Registered Users, Registered Users 2 Posts: 7,123 ✭✭✭the whole year inn


    Can we get a snapshot of the bet slip Aswell


  • Banned (with Prison Access) Posts: 1,861 ✭✭✭fuzzydunlop85


    Nice bet man, congrats !


  • Registered Users, Registered Users 2 Posts: 7,123 ✭✭✭the whole year inn


    That's not much different to what he was doing, and is less complicated as he already knows what to do.

    My advice to him is to just do what he was going to do.

    There an extra 1.5k for him if it's a draw for a little bit of work.if he can get the cash on the only problem.


  • Banned (with Prison Access) Posts: 1,861 ✭✭✭fuzzydunlop85


    What were the games just out curiosity, must have been some random ones in there as the WC has just started! Not doubting btw, just curious about the teams!


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  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    What were the games just out curiosity, must have been some random ones in there as the WC has just started! Not doubting btw, just curious about the teams!

    Would be winning 48k if not for the Void bet ( Horse never ran )

    34qms5y.jpg


  • Registered Users, Registered Users 2 Posts: 7,123 ✭✭✭the whole year inn


    I think the best way to do this is by the double chance market .
    Back costa Rica or draw @ 7/4 ,you bet 2k and if Uruguay wins then you are up 5k , if it's a draw or costa Rica win your up 3.5k.

    If I was you I'd put 500 on double chance you guaranteed your self profit and stand to win 6.5k with a VERY good chance of it coming in.
    It's up to your self of course.


  • Registered Users, Registered Users 2 Posts: 112 ✭✭Kyro


    Strange how you put in two matches that were 3 months away :pac:

    Best of luck though, good bet.


  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    I think the best way to do this is by the double chance market .
    Back costa Rica or draw @ 7/4 ,you bet 2k and if Uruguay wins then you are up 5k , if it's a draw or costa Rica win your up 3.5k.

    If I was you I'd put 500 on double chance you guaranteed your self profit and stand to win 6.5k with a VERY good chance of it coming in.
    It's up to your self of course.

    Do you have a link for that double chance market

    So far this is what I am going with.

    1350 @ 4.33/1 for draw = 5845 winnings - 1350 bet = 4495 take home

    550 @ 9/1 for Costa Rica to win = 4950 winnings - 550 bet = 4400 take home

    Uruguay to win = 6900 winngs - 1900 bet = take 5000 take home

    At least this way I am guaranteed between 4400 - 5000 euro.


  • Registered Users, Registered Users 2 Posts: 2,911 ✭✭✭bradlente


    I think the best way to do this is by the double chance market .
    Back costa Rica or draw @ 7/4 ,you bet 2k and if Uruguay wins then you are up 5k , if it's a draw or costa Rica win your up 3.5k.

    If I was you I'd put 500 on double chance you guaranteed your self profit and stand to win 6.5k with a VERY good chance of it coming in.
    It's up to your self of course.

    Would go for this too,you could set some of the 6.5 aside for if Uruguay go ahead too and back the double chance again at bigger odds,meaning you would win either 1-2k if Costa Rica draw/win,4.5-5.5k if Uruguay win or 10k+ if Uruguay go ahead early and you back the double chance again at big odds and Costa Rica come back,that'd be the most unlikely outcome but it'd give you a massive win.
    What you plan to do is pretty much bang on anyway,be careful where you do it though.If you're backing the double chance with Powers there's a good chance they'll close your account after the win,they won't like you trying to guarantee profit.


  • Banned (with Prison Access) Posts: 12,333 ✭✭✭✭JONJO THE MISER


    Remember this is football and there is no such team as a cert its too low scoring and unpredictable.
    Lay off your bet and you will still be ahead whatever the outcome.


  • Closed Accounts Posts: 1,342 ✭✭✭Whosthis


    Y2KBOS86 wrote: »
    Do you have a link for that double chance market

    So far this is what I am going with.

    1350 @ 4.33/1 for draw = 5845 winnings - 1350 bet = 4495 take home

    550 @ 9/1 for Costa Rica to win = 4950 winnings - 550 bet = 4400 take home

    Uruguay to win = 6900 winngs - 1900 bet = take 5000 take home

    At least this way I am guaranteed between 4400 - 5000 euro.

    Here's an oddschecker link for the double chance market http://www.oddschecker.com/football/world-cup/uruguay-v-costa-rica/double-chance , I'd personally go with the Costa Rica or Draw option. Another piece of advice is do not place the bet with Paddy Power. You placed your original bet with them and they may try and weasel out of paying up if you arb with them. The next best odds on offer that have a bricks and mortar presence in Ireland is with Ladbrokes (they're offering 2.8 or 9/5). You're best off placing the bet in a Ladbrokes shop, with cash.


  • Registered Users, Registered Users 2 Posts: 7,123 ✭✭✭the whole year inn


    Y2KBOS86 wrote: »
    Do you have a link for that double chance market

    So far this is what I am going with.

    1350 @ 4.33/1 for draw = 5845 winnings - 1350 bet = 4495 take home

    550 @ 9/1 for Costa Rica to win = 4950 winnings - 550 bet = 4400 take home

    Uruguay to win = 6900 winngs - 1900 bet = take 5000 take home

    At least this way I am guaranteed between 4400 - 5000 euro.
    You forgot to minus the 1350 off the costa Rica win so that 4400 -1350=3050

    And you have to do the same thing for a draw market 4495 -500= 3900

    http://www.oddschecker.com/football/world-cup/uruguay-v-costa-rica/double-chance

    Maybe of you checked in shop you might find slightly better odds!


  • Closed Accounts Posts: 812 ✭✭✭clickerquicklic


    Good bet well done
    Lay 4930 to take 4669 either way assuming 5% comission you will need 2316 in Betfair


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  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    You forgot to minus the 1350 off the costa Rica win so that 4400 -1350=3050

    And you have to do the same thing for a draw market 4495 -500= 3900

    http://www.oddschecker.com/football/world-cup/uruguay-v-costa-rica/double-chance

    Maybe of you checked in shop you might find slightly better odds!

    Thanks, shocking mistake on my part. :o

    Doesn't look as good now.


  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    I think the best way to do this is by the double chance market .
    Back costa Rica or draw @ 7/4 ,you bet 2k and if Uruguay wins then you are up 5k , if it's a draw or costa Rica win your up 3.5k.

    If I was you I'd put 500 on double chance you guaranteed your self profit and stand to win 6.5k with a VERY good chance of it coming in.
    It's up to your self of course.

    Going to go with this one, whole year.

    1000 on Costa Rica or draw @2.75/1

    2750 winnings - 1000 bet = 1750 winnings.

    Going to keep 500 aside for in play and back this bet if Uruguay go up 1-0.

    I'm guessing it should be about 5/1 if Uruguay go up 1 -0.

    I have got this far, going to go for it, but trying to secure myself at least around 2k.


  • Closed Accounts Posts: 1,342 ✭✭✭Whosthis


    Y2KBOS86 wrote: »
    Going to go with this one, whole year.

    1000 on Costa Rica or draw @2.75/1

    2750 winnings - 1000 bet = 1750 winnings.

    Going to keep 500 aside for in play and back this bet if Uruguay go up 1-0.

    I'm guessing it should be about 5/1 if Uruguay go up 1 -0.

    I have got this far, going to go for it, but trying to secure myself at least around 2k.

    Good stuff, a guaranteed 2K return from a €14 stake is the stuff dreams are made of. A highly probable 6k return from a €14 stake is indescribable. Well done and good luck.


  • Registered Users, Registered Users 2 Posts: 133 ✭✭PlanIT Computing


    Y2KBOS86 wrote: »
    Going to go with this one, whole year.

    1000 on Costa Rica or draw @2.75/1

    2750 winnings - 1000 bet = 1750 winnings.

    Going to keep 500 aside for in play and back this bet if Uruguay go up 1-0.

    I'm guessing it should be about 5/1 if Uruguay go up 1 -0.

    I have got this far, going to go for it, but trying to secure myself at least around 2k.

    Congrats and good work on the plan. It would be complete and utter madness if you did not cover yourself, can't believe some people are suggesting that.


  • Closed Accounts Posts: 1,342 ✭✭✭Whosthis


    I have to say I'm not a big football fan, horses and rugby are my thing, but I'm almost excited for this game now.


  • Registered Users, Registered Users 2 Posts: 6,293 ✭✭✭Dio On The Doubles


    Congrats on the bet great bit of bookie bashing. Speaking as someone who once arrived home too late to hedge an acca waiting on Bayern to win the German super cup final for two grand at the start of the season, all I can say is hedge as you planned to do without doubt .

    I had placed the acca and a few others when out about the town and lost track till I got home as it was a big acca.

    You don't want to be staring at a screen looking at that fall at the last leg.... Gutting feeling.

    Strange things can and do happen in football. No one guessed 1-5 to Holland yesterday. Cavanni could get sent off ten mins in today and Suarez knee flare up after the operation. Bit extreme but ya get what I mean :)


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  • Registered Users, Registered Users 2 Posts: 909 ✭✭✭auldgranny


    Well done, great bet. We will all be rooting for you.


  • Registered Users, Registered Users 2 Posts: 2 honest point of view


    Y2KBOS86 wrote: »
    I was thinking like that as well, but I would be kicking myself If I won nothing.

    I can win money on all scenario's If I cover myself.[/QUOTEs


    best thing is to cover bet , although i dont think it will end in a draw ,


  • Closed Accounts Posts: 88,972 ✭✭✭✭mike65



    Strange things can and do happen in football. No one guessed 1-5 to Holland yesterday. Cavanni could get sent off ten mins in today and Suarez knee flare up after the operation. Bit extreme but ya get what I mean :)

    Suarez will sit out this game.

    Must be a great feeling knowing you can't lose, just a matter of how much you win.

    /dreams.....


  • Registered Users, Registered Users 2 Posts: 7,123 ✭✭✭the whole year inn


    Muslera, Lugano (c), Godin, Gargano, Rodriguez, Forlan, Stuani, Pereira, Arevalo, Cavani, Caceres

    suarez on the bench.


  • Registered Users, Registered Users 2 Posts: 783 ✭✭✭Saucy McKetchup


    Opta stats

    Uruguay have won six and lost none of their eight previous meetings with Costa Rica, most recently defeating them 2-1 on aggregate in a 2010 World Cup play-off.


    Put your mind at ease, good luck with your bet


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  • Registered Users, Registered Users 2 Posts: 7,123 ✭✭✭the whole year inn


    Good luck

    Im on Uruguay -1 asain E100 ,they will win this!


  • Closed Accounts Posts: 613 ✭✭✭Y2KBOS86


    Good luck

    Im on Uruguay -1 asain E100 ,they will win this!

    Going well so far :D

    Put 185 on double chance @ 6.5/1 just now.

    Guaranteed 2750 now Costa draw + win, 5715 Uruguay win.

    15raw4i.png


  • Banned (with Prison Access) Posts: 12,333 ✭✭✭✭JONJO THE MISER


    Glad you did lay some of it off, remember no such thing as a cert in football.


  • Moderators, Education Moderators, Sports Moderators Posts: 10,973 Mod ✭✭✭✭artanevilla


    Can mods delete my post? :o


  • Closed Accounts Posts: 1,051 ✭✭✭jantheman91


    That's exactly why you cover your bets.

    Imagine losing out on 7,000/3,500......

    Well done OP! Delighted for you.


  • Registered Users, Registered Users 2 Posts: 133 ✭✭PlanIT Computing


    That's exactly why you cover your bets.

    Imagine losing out on 7,000/3,500......

    Well done OP! Delighted for you.

    Precisely.


  • Closed Accounts Posts: 88,972 ✭✭✭✭mike65


    Bloody hell 3-1 to Costa Rica

    No such thing as a certainty in football unless you cover all the angles!


  • Registered Users, Registered Users 2 Posts: 131 ✭✭Lon.C


    Jesus Op, well done going for the cover. Delighted for you.


  • Moderators, Education Moderators, Sports Moderators Posts: 10,973 Mod ✭✭✭✭artanevilla


    Congrats and disregard all future advice.


  • Registered Users, Registered Users 2 Posts: 15,472 ✭✭✭✭Oat23


    Congratulations!


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