4th October 2017, 06:01 AM
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Member
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Join Date: Jan 2005
Posts: 641
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EPL week 8
We had a good week 7, in that six of my seven favourites won matches that were not drawn.
Speaking of draws, there is a simple way to avoid losing money when your team draws, although you will earn less when your team wins. Here is how it works. Suppose the decimal odds for a draw is 4.0. If you put exactly ¼ of your bet on a draw and put the other ¾ of your bet on your team, then if the match is drawn, your get back ¼ of your bet times four, that is, you break even. If your team wins, you make money on the other ¾ of your bet. You only win ¾ of what you would have won if you had placed all of your bet on a win, but then you break even on a draw as a reward. Suppose the decimal odds for a draw is 3.0. If you put exactly 1/3 of your bet on a draw and put the other 2/3 of your bet on your team, then if the match is drawn, your get back 1/3 of your bet times three, that is, you break even. If your team wins, you make money on the other 2/3 of your bet. You only win 2/3 of what you would have won if you had placed all of your bet on a win, but then you break even on a draw as a reward. Of course, you lose your whole bet when the other team wins, but that was going to happen anyway.
Good luck with week 8.
Ray Stefani
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