Thursday, April 14, 2011

Four Team Betting Strategies W/ Moneyline

The spreadsheet for Four Team Betting Strategies w/ Moneyline is now uploaded and can be found here:

http://www.editgrid.com/user/mattz1212/Four-Team_Betting_Strategies_%28w%3A_Moneyline%29

Once again it is too long to put the results into this post so I suggest that you play around with it to see the results you can come up with. However, I will post a couple of interesting conclusions at the end of this post. Also, the length of this spreadsheet was so long that you'll notice I've put it into multiple tabs. The tabs are divided by the type of betting strategy (i.e. 3-Game w/ 1 Side Bet) and each of the possible avenues you could take in each betting strategy. As always the cells you can manipulate are in blue and the results are in tan and feel free to comment with your email if you don't want to register on that site and I'll send you a copy of the spreadsheet.

Now for the conclusions. We noted before that in terms of vs. true odds a 4-game parlay is the least advantage parlay. I mentioned before that there is over a 20% markup on the true odds vs. the fixed payout system of 10:1. Well an interesting little tidbit that may help you shave roughly 3.5 points off you parlay lies here. Normally a team of -3.5 will go for roughly -170 for the straight win. In the true odds payout system a parlay of -110,-110,-110,-170 actually pays out HIGHER than the fixed odds system of straight -110s. The amount is very slight ($1005 vs. $1000 on a $100 bet), but you are tipping the odds quite a bit in your favor. If you are winning at the same clip to break even on the 4-game fixed odds system (54.91%), here are the some of the moneylines that break even on the same winning percentage:

3 Against the Spread, 1 Moneyline: -110, -110, -110, -172
2 Against the Spread, 2 Moneyline: -110, -110, -135,-136
1 Against the Spread, 3 Moneyline: -110, -126,-126,-126
All moneyline: -121,-122,-122,-122

So if you are going to do a 4-game parlay, try to throw in at least one moneyline so you are working with the true odds system and not the fixed odds system which works horribly against you.

Next up will be the Five Team Betting Strategies with moneylines which should go very, very in depth.