
16th April 2015, 01:03 PM
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Banned
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Join Date: Feb 2013
Posts: 743
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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
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