ofcourseitwas Posted February 24, 2010 Share Posted February 24, 2010 Just had a thought today that it would be nice to be able to make a multiples bet, but not have to choose all of the bets at once. For example, if you had a good system with high percentage of wins, but the games were spread out too far apart (maybe only 5 selections per week), you couldn't place all of the bets together in a multiple (because odds for later matches are not offered by bookmakers yet). Is there such thing as a 'let it ride' bet offered by bookmakers? It would be a multiples bet, but you would only have placed your original stake and if any subsequent game you choose loses, the entire bet is lost. Just wondering if anyone had heard of this? Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted February 24, 2010 Author Share Posted February 24, 2010 Re: Anyone heard of 'Let it Ride' offered by Sportsbooks? Since I've always heard that bookies love bettors who go for multiples, it would seem they'd offer this, no? It would not place them at any more disadvantage than a regular multiples bet I think? Quote Link to comment Share on other sites More sharing options...
davidc Posted February 24, 2010 Share Posted February 24, 2010 Re: Anyone heard of 'Let it Ride' offered by Sportsbooks? Sorry, don't know of this specific bet. It seems to me though that if the bets are spread over a number of days then you may be better placing your 1st bet (and each subsequent bet in the 'multiple') at the bookie with the best odds at the time and placing the returns from each bet at the bookie with the best odds as you go, which in effect will give you your multiple anyway. GL Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted February 24, 2010 Author Share Posted February 24, 2010 Re: Anyone heard of 'Let it Ride' offered by Sportsbooks? Sorry, don't know of this specific bet. It seems to me though that if the bets are spread over a number of days then you may be better placing your 1st bet (and each subsequent bet in the 'multiple') at the bookie with the best odds at the time and placing the returns from each bet at the bookie with the best odds as you go, which in effect will give you your multiple anyway. GL haha thanks for the advice davidc :eek youre right it's exactly the same as multiples, i never wouldve thought of that:zzz Quote Link to comment Share on other sites More sharing options...
Kumquat Tree Posted February 25, 2010 Share Posted February 25, 2010 Re: Anyone heard of 'Let it Ride' offered by Sportsbooks? Since I've always heard that bookies love bettors who go for multiples' date=' it would seem they'd offer this, no? It would not place them at any more disadvantage than a regular multiples bet I think?[/quote'] Bookies love multiples as their overround get even better. Assume you bet on a coin flip. Bookie offers you 1.90 on heads. Scenario I: Starting bank 2 units. You bet 1 unit each on two coin flips, no multiple. 1 in 4 you win both bets, you get 3.80 units back. 2 in 4 you win one bet, you get 1.90 units back. 1 in 4 yow win no bet, you get 0,00 units back. In average you will now have a bank of 1.90 units after two coin flips. Scenario II. Starting bank 2 units. You bet 2 units on a multiple of two coins flips. 1 in 4 you win, 2 x 1.90 x 1.90 = 7.22 units back. 3 in 4 you lose, you get 0,00 units back. In average you will now have a bank of 1.81 units after two coin flips. See why bookies love silly punters to burn their money on multiples? Quote Link to comment Share on other sites More sharing options...
ofcourseitwas Posted February 25, 2010 Author Share Posted February 25, 2010 Re: Anyone heard of 'Let it Ride' offered by Sportsbooks? Yes but with a good system showing a 95% hit rate, you could bet 10 games in 1 multiple at a time at really good odds and win 1 out of 2. :dude Bookies love multiples as their overround get even better. Assume you bet on a coin flip. Bookie offers you 1.90 on heads. Scenario I: Starting bank 2 units. You bet 1 unit each on two coin flips, no multiple. 1 in 4 you win both bets, you get 3.80 units back. 2 in 4 you win one bet, you get 1.90 units back. 1 in 4 yow win no bet, you get 0,00 units back. In average you will now have a bank of 1.90 units after two coin flips. Scenario II. Starting bank 2 units. You bet 2 units on a multiple of two coins flips. 1 in 4 you win, 2 x 1.90 x 1.90 = 7.22 units back. 3 in 4 you lose, you get 0,00 units back. In average you will now have a bank of 1.81 units after two coin flips. See why bookies love silly punters to burn their money on multiples? Quote Link to comment Share on other sites More sharing options...
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