Ok is there any proven way to make money me and my friend are having an arguement because he knows someone who did this, ok you have Account A) $5000 limit/$1000 max bet 10% back on all losses Account B) $5000 limit/$1000 max bet 20% back on all loses, you bet 1 side of a -110 game on A and the other on B. You win a $1000 bet on A, and lose on B so you net $120 profit because you won $1000 on account A and after the 20% on B you only lost $880. Now what I'm trying to explain is that if you won on Account B Twice and lost once you would net $900, while on account A you would be down $1200 and after 10% you would be down $1080 hence being down $180, of course if you were up $5000 on account B and down $5500 on A you net $50 profit, if you do it vice versa then you net $600 but how can you consistently lose on 1 account lol?
0
To remove first post, remove entire topic.
Ok is there any proven way to make money me and my friend are having an arguement because he knows someone who did this, ok you have Account A) $5000 limit/$1000 max bet 10% back on all losses Account B) $5000 limit/$1000 max bet 20% back on all loses, you bet 1 side of a -110 game on A and the other on B. You win a $1000 bet on A, and lose on B so you net $120 profit because you won $1000 on account A and after the 20% on B you only lost $880. Now what I'm trying to explain is that if you won on Account B Twice and lost once you would net $900, while on account A you would be down $1200 and after 10% you would be down $1080 hence being down $180, of course if you were up $5000 on account B and down $5500 on A you net $50 profit, if you do it vice versa then you net $600 but how can you consistently lose on 1 account lol?
First of how you have it stated this is what would be expected to happen. (You have it stated that it is 10% and 20% return on all losses).
Team 1 plays Team 2, and both are -110.
You bet Team 1 with book A (10% return on loss)
You bet Team 2 with book B (20% return on loss)
Any outcome where the team from book A wins would result in an a return of +.12 units. (+1 from A, -.88 from B). And any bet where the team from book B won, would result in a return of +.01 units (+1 from B, -.99 from A). So with this it wouldn't be smart to bet $1,000 on a single play, for the chance you lose everything in one book, but to make the play maybe something like $100. This way is almost guarentee you won't go bankrupt in 1 book as long as you pick jus 50% winners in each book, it would have to take a ridiculous losing streak for it to happen. If you bet 100 upon 100's of games the profit would eventually add up pretty nicely.
What I find to be the problem though is that you seem to have said you get a 10% and 20% return on all losses. How you word this is critical and depends upon everything. If you do in fact get a 10% or 20% return on each individual bet you lose, then the aforementioned is how to approach it and you would be almost guarenteed to win. Yet I don't think that books do that, they rather give you back 10% or 20% back on your net losses. This is totally different, and will never guarantee winning.
If you know of any books that are reputable and by some ungodly chance offer a % return back on any and every loss, please inform me, us, and and never work a day in your life again.
0
Sumpter, I understand what you are saying..
First of how you have it stated this is what would be expected to happen. (You have it stated that it is 10% and 20% return on all losses).
Team 1 plays Team 2, and both are -110.
You bet Team 1 with book A (10% return on loss)
You bet Team 2 with book B (20% return on loss)
Any outcome where the team from book A wins would result in an a return of +.12 units. (+1 from A, -.88 from B). And any bet where the team from book B won, would result in a return of +.01 units (+1 from B, -.99 from A). So with this it wouldn't be smart to bet $1,000 on a single play, for the chance you lose everything in one book, but to make the play maybe something like $100. This way is almost guarentee you won't go bankrupt in 1 book as long as you pick jus 50% winners in each book, it would have to take a ridiculous losing streak for it to happen. If you bet 100 upon 100's of games the profit would eventually add up pretty nicely.
What I find to be the problem though is that you seem to have said you get a 10% and 20% return on all losses. How you word this is critical and depends upon everything. If you do in fact get a 10% or 20% return on each individual bet you lose, then the aforementioned is how to approach it and you would be almost guarenteed to win. Yet I don't think that books do that, they rather give you back 10% or 20% back on your net losses. This is totally different, and will never guarantee winning.
If you know of any books that are reputable and by some ungodly chance offer a % return back on any and every loss, please inform me, us, and and never work a day in your life again.
I can get 20% back on the net losses on one of my accounts and 40% back on the net losses on the other account I have...both locals...any suggestions on how I can make a nice profit here by exploiting this?
0
I can get 20% back on the net losses on one of my accounts and 40% back on the net losses on the other account I have...both locals...any suggestions on how I can make a nice profit here by exploiting this?
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.
Hot Forum Topics
