Smartgambler
Pro-Punter

Go Back   OZmium Sports Betting and Horse Racing Forums > Public Forums > General Topics
User Name
Password
Register FAQ Search Today's Posts Mark all topics as read

To advertise on these
forums, e-mail us.

Reply
 
Thread Tools Search this Thread Display Modes
  #1  
Old 14th April 2015, 05:02 PM
Rinconpaul Rinconpaul is offline
Banned
 
Join Date: Feb 2013
Posts: 755
Default 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.
Reply With Quote
  #2  
Old 15th April 2015, 11:44 AM
Chrome Prince Chrome Prince is offline
Member
 
Join Date: Jan 1970
Posts: 4,362
Default

Go get 'em.....while you can
__________________
RaceCensus - powerful system testing software.
Now with over 398,000 Metropolitan, Provincial and Country races!
http://www.propun.com.au/horse_raci...ng_systems.html
*RaceCensus now updated to 29/02/2024
Video overview of RaceCensus here:
http://www.youtube.com/watch?v=W821YP_b0Pg
Reply With Quote
  #3  
Old 15th April 2015, 07:31 PM
Rinconpaul Rinconpaul is offline
Banned
 
Join Date: Feb 2013
Posts: 755
Default

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!!
Reply With Quote
  #4  
Old 16th April 2015, 12:03 PM
Rinconpaul Rinconpaul is offline
Banned
 
Join Date: Feb 2013
Posts: 755
Default

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
Attached Thumbnails
Click image for larger version

Name:  VKJ.JPG
Views: 600
Size:  16.7 KB  
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump



All times are GMT +10. The time now is 03:22 PM.


Powered by: vBulletin Version 3.0.3
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
©2008 OZmium Pty. Ltd. All rights reserved . ACN 091184655