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Covering All Eventualities & Cashing Out


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Here's an idea I've been toying with - betting on as many eventualities within a group of games (at the same time) and hoping enough goes your way at a certain point in the game to cash out for an immediate profit - the aim being to double the original stake.

We'll start by looking at all the games being played in Englands League 2 tomorrow (Tuesday) at 19.45pm:

     H/X      H      A   A/X    H/A
           
Cambridge v Exeter 1.36 2.4 3 1.53 1.33
Carlisle v Port Vale 1.29 2.15 3.5 1.67 1.33
Colchester v Crewe 1.25 2 3.8 1.73 1.29
Crawley v Swindon 1.53 2.8 2.4 1.4 1.29
Forest Green v Stevenage 1.33 2.15 3.3 1.62 1.33
Lincoln v Bury 1.22 1.95 4 1.83 1.29
MK Dons v Grimsby 1.17 1.73 4.6 2 1.25
Macclesfield v Cheltenham 1.36 2.3 3 1.57 1.33
Morecambe v Northampton 1.83 4.2 1.85 1.22 1.29
Newport County v Notts County 1.36 2.4 3 1.53 1.33
Tranmere v Mansfield 1.4 2.63 2.75 1.44 1.33
Yeovil v Oldham 1.4 2.5 2.75 1.5 1.29

H/X = Home Or Draw

H = Home Win

A = Away Win

A/X = Away Or Draw

H/A = Home Or Away

 

So what we're going to do is place a 12 fold accumulator on each of these. The odds are as follows

H/X = Home Or Draw 42.2
H = Home Win 31947
A = Away Win 732142
A/X = Away Or Draw 232
H/A = Home Or Away 24.7

My first thought here was to set a "potential max win" of, say £100. I would then divide that £100 by the odds to give me stakes and max potential winnings of:

STAKE MAX WIN
2.366397 42.25833423
0.00313 31947.80525
0.000137 732142.3448
0.430544 232.2644838
4.046053 24.71544363

This obviously creates a problem because two of those stakes are below £0.05 each, and my minimum stake is £0.05. Plus, the odds are so astronomical that the chance of even getting my cash out is slim, so I've been very unscientific now and just tapped some numbers into my spreadsheet to come up with this:

STAKE MAX WIN
3.5 147.90
0.15 4792.17
0.15 109821.35
0.8 185.81
5.4 133.46

 

And that is.... really about it. My total stake is then £10, and my aim is to simply watch my livebets as the games are being played. The rules are:

1) As soon as one of the bets can be cashed out for £20 (to double my money), CASH OUT.

2) If at any point multiple bets can be cashed out for at least a total of £20, CASH OUT.

3) After approx 60 minutes cut losses and cash everything out to try and get the original £10 stake back.

 

 

Will update this thread during the games tomorrow evening. All odds are from Skybet.

 

Any thoughts?

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Good idea. Which bookmaker are you using? 

and for no.3, depending on the live results on the 60th min, if things doesn't go your way I doubt you will be able to get the original $10 back, and since it involves so 12 games, just 2-3 of the games to go ther other way of the result (e.g. you buy Home/Draw Double Chance for Cambridge, but they are losing 0-2 on the 60th min) and you may only be able to cash out maybe 10% of your $10 on the 60th min if they still allow cash out in this instance

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