Quote:
Originally Posted by Mankycaaant
I've been known to dabble in the betting world, not that I'm very good at it.
Chickened out last minute at lobbing £95 on Man Utd, Chelsea, Liverpool and Man City to go over this week, would have taken back around £430 on Paddy Power and it seemed highly likely all those teams would win, feared the Chelsea result though so bottled it.
I don't get the Bet365 offer, you put £50 on and they'll refund it if it doesn't come up? How is that guaranteed profit?
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It's guaranteed cos there's a way to mathematically cover all three results (win/lose/draw)
You put £50 on the United win, then £50 IN PLAY on the draw (then x amount with a different bookies on the Madrid win pre-game).
The in play bet is refunded if it loses. Your total stake for all three bets would be £100 + whatever you put on Madrid to win. All the returns are higher than the total stake = profit.
My numbers above are slightly incorrect, can tell I'm **** at maths. You'd be 3 or 4 quid down if Madrid win. Give me 5 minutes. I did this for the first leg and cos it was a draw it was £105 profit.