Father and Son?
 

A father-son combination from Canberra and Queanbeyan has collected more than $400,000 for a total $411 sporting bet.

On March 2 the pair placed bets with the TAB at Queanbeyan Kangaroos totalling $411, banking on Vancouver in the Golden Slipper, Kermadec in the Doncaster Mile and US golfer Jordan Spieth in the US Masters.

Go get 'em.....while you can ;)

It's more than interesting this exotic combo. Vancouver was a 'given' for the anchor. Kermadec, from memory, was a surprise price wise but not so much Rating wise? Spieth was the long shot, not sure?

What this excercise, in profitability teaches, is being innovative in the betting mix. Cross sports multi's are something a lot of punters, me included, never consider? We tend to specialise in working a category with a 'lot of miles on the clock' and few profitable opportunities left. There's just so much going down on a daily basis 24/7, it's hard to think outside the square!

There could be a 'gimme' in a snooker match or soccer or racing etc somewhere in the world tonight but it'll never get noticed till after the event....dammit!!

I must be missing something here. I looked back at those 3 multi picks. I was wrong about Spieth being a longshot and Kermadec (200/1 rating R&S).

Here's a lucky punters ticket. So the odds were 7/1, 14/1, 10/1....therefore 7 x 14 x 10 = 980/1 implied odds of the multi. and $250 wagered.

$250 x 7 = $1750 x 14 = $24,500 x 10 = $245,000 net profit.

Realistically, how hard or expensive would it've been to pull this off? It's hard to back track previous prices but let's assume that at the time the bet was placed, and having some smartz about racing and golf, you had all these selections covered in a 6 x 6 x 6 multi. I think you could say that was possible for the first two legs anyway.

For $1 bet...6 x 6 x 6 = $216 x $250 bet = $54,000

(Pull me up, if I've got this wrong) You risked $54,000 to win $245,000 (3.5/1), but the chances of winning were 980 - 216 = 764/1 to pull it off. That's not a value bet, by any stretch of the imagination and just a lucky 'lotto' type chance of winning