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About Robb Beitko
Expertise
I can answer any question in regards to Sports Handicapping and Sports Gambling. I have a strong background in football and basketball sports betting.

Experience
Over 25 years of football and basketball handicapping

Education/Credentials
Penn State University

 
   

You are here:  Experts > Sports > Horse Racing > Gambling > Sport Bettin

Gambling - Sport Bettin


Expert: Robb Beitko - 12/8/2008

Question
If the odds on a soccer match where

Team A to win - 2.6
Team B to Win - 2.5
Draw          - 3.15

If i where to bet 1 dollar on each outcome, no matter what the outcome was, would i always be in profit?
I've always wanted to know this as it seems a little to good to be true.

Answer
Dear Jack

Your question does and doesn't make sense.

Here's a better example.

Let's say that Poland and China are playing in a soccer match


Poland is the favorite
So if you want to win $100 on Poland you have to Bet $200
or 200-100

If you like China, and you bet $100 on China you get back $180
or 100-180

If you like the Draw, it's +250 or
100-250

So let's say you bet $100 on each possible choice.

You have bet $300
If it's a draw/tie. You Win $250, but you lose $200 on the Poland Wager and lose $100 on the China Wager

SO +250, -200 & -100
So you are -$50

And that's the best case scenario.

Now there are some soccer matchups that would look more like this:

Team (A) -900 (TO WIN $100)
Team (B) +700 (On a $100 Wager)
DRAW +650

Now if you bet all 3, you are still going to lose money (-900 and either PLUS 700 or 650)

If you just bet on Team B and/or the Draw, then yes, you could make some money... but those are long shot bets!

I Hope this helps. If you have any other questions, please feel free to contact me directly at ceo@vegassportsadvisor.com

Thanks again and Good Luck and Great Gambling!

Vegas Sports Advisor.com


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