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j asked in Games & RecreationGambling · 8 years ago

question betting on baseball games?

I have a question about betting on baseball. Say the Yankees and Red Sox are playing a game, and neither is favored (same odds to win the game for both teams). If I make two bets (one betting on the yankees to win, the other betting on the sox to win, wouldn't I be guaranteed to make some money out of the deal?

7 Answers

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  • 8 years ago
    Favorite Answer

    Hi

    the amount that you would win would be less than the amount that you lose.

    Thus you will have a minus balance

    if they are the same odds for example 1.98

    it means that if you bet 100 then you'd win 98 & lose 100

    thus a -2 balance

  • 5 years ago

    1

    Source(s): Guaranteed Winning Picks Predictions - http://winningpicks.oruty.com/?uoI
  • 8 years ago

    in a perfect scenario of any sport if both teams are PK or +- 100 then sure you are GUARANTEED to make some money -

    the problem is you are GUARANTEED to make your money back.

    you dont win any money, just one of the bets will cash and you get your money back, so there isn't much of a point!

    the problem with baseball specifically is games are almost NEVER pk or -100

    there is always a favorite and the game is posted as a moneyline - often its gonna be favorite -140

    underdog +120 this means if you want to bet the favorite you risk 140 to win 100 and if you want the dog you bet 100 to win 120.00

    the problem betting both sides like this, is obvious it doesn't take a genius - if the favorite wins you win your money back - if the underdog wins the game you lose 20.00

    another idea in baseball is when some people bet the runline - which means the favorite has to win by 2 runs or more and then bet the underdog in an attempt to make SOME money by betting both sides.

    example -160 favorite and +140 dog

    on the runline the -160 favorite is now +130 so you bet the runline fav at+130, and the underdog at +140

    as long as the favorite doesnt win by ONE run - you will win either 30.00 or 40.00

    the problem with this bet is favorites win by exactly one run too often for this type of bet to be successful when the favorite wins by one run you lose $200.00 and you are only going to try to win $30.00 or $40.00

    Thus the risk verses reward is kinda silly for the player - the house will always win these types over the long haul.

  • Anonymous
    5 years ago

    Not on games. I have been watching games with friends on baseball when I know I will win. For example a friend that was a Braves fan once bet me $5 early in the season that Willis Harris would hit .300 early on the season. Bets like that people make where I know for sure they are just talking out of their butts I will.

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  • Anonymous
    7 years ago

    Well

    I'm earning some extra money with sport bettings. I use the predictions made but this software http://www.goobypls.com/r/rd.asp?gid=570. It's free to test so you can use it to make your first bucks with sport bettings.

    Bye Bye

  • 8 years ago

    If neither were favored they'd both be -110 so you'd be paying a 10% vig. You'd lose 10cents per every dollar bet, regardless of who won. (Or maybe -105 at Pinnacle or 5dimes but you still lose.)

    If there were no vig you'd just win/lose 0 dollars, you'd get your money back. I don't understand how you think you'd profit. They wouldn't both be underdogs...

  • Uh, no. You would be paying juice on both games and therefore would lose twenty bucks if the juice was 10% which it usually is. I don't what kind of math you were doing, but even with no juice you would only come out dead even. Betting both sides is completely pointless.

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