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Settling Question help

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Prospect
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Posted: #1
Hi, firstly, i would like to say that im not really good in english. i apologize in advance for any error in this post.

Here is my question:

I actually have 2 open future bet with my bookmaker (sportsinteraction).

1. LosAngeles King to win WestConference 300.00$ @ +800 (2,700$)

2. Phoenix Coyotes to win West Conference 540.00$ @ +400 (2,700$)

these 2 team will probably face each other in the conference final. so, if it's happen, it will be sure that one these 2 bet will be winner

I would like to know if it's will be possible to get paid before the west conference end by contacting their support because whatever the result of the series, they will have to pay 2,700$. or if i will have to wait the end of the best of 7 series for know which bet is a winner..

thanks for any insight or experience or opinion.

thx again

grizzvir




 
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Posted: #2
Both teams could go down in a plane crash, therefore, no action. They will make you wait.
 
Prospect
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Posted: #3
Quote Originally Posted by lbcake:

Both teams could go down in a plane crash, therefore, no action. They will make you wait.


loll i was also thinking about the plane crash yesterday. funny
 
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Posted: #4
Quote Originally Posted by Grizzvir:



loll i was also thinking about the plane crash yesterday. funny

Heritage will let you do this.  Wouldn't hurt to ask the book.  If you settled for $2600 or 2650, they might do it.
 
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Posted: #5
Quote Originally Posted by thorpe:


Heritage will let you do this.  Wouldn't hurt to ask the book.  If you settled for $2600 or 2650, they might do it.


dont really interressted to loose 50-100$ in value. I still have a solid bankroll to continue my day-to-day betting.

But you learned me something here. Wasnt thinking  it was possible to *negociate* like that with a book ?????
 
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Posted: #6
I also know that exchange book like betfair  always give your bankroll value as available money. for ex if you 110$ on both side of the spread. they will automaticly put 210$ in your available balance.

In my case. if my bankroll is X $. is real value will be at x+2700$
 
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Posted: #7
Even though you will have $2700 in either case, you are not indifferent as to the winner. A Phoenix win would be $240 better for you. As such, how would you expect them to settle the bet?


 
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Posted: #8
Quote Originally Posted by esplanade:

Even though you will have $2700 in either case, you are not indifferent as to the winner. A Phoenix win would be $240 better for you. As such, how would you expect them to settle the bet?




man youre wrong in your math. a phoenix win will not be better for me. its the same think whatever which team won.

540.00$ x +400(5.00) = 2,700.00$

300.00$ x +800(9.00) = 2,700.00$

in both case i have 2,700$ as payout. 2,700$ is not the profit. its the payout
 
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Posted: #9
lol esplanade with the light bulb...
 
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Posted: #10
nice predictions on the western conference finalsdid you have action on a few other teams also or were those the only 2? Did your ouiji board help you make those bets? Nice job though
 
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Posted: #11
nah i just have these 2. I took LAK when they was leading 1-0 over the nucks and the yotes when they was leading 1-0 over predzz
 
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Posted: #12
Apr 12, 2012 3:57 PM Single Bet
  • 2011/12 NHL (Western Conference Outright) Los Angeles Kings +800 Open
300.00
Possible Payout: 2700.00

Apr 28, 2012 9:05 AM Single Bet
  • 2011/12 NHL (Western Conference Outright) Phoenix Coyotes +400 Open
540.00
Possible Payout: 2700.00

 
Prospect
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Posted: #13
I was thinking about placing some money on the rangers for the east at +137 becozz they will probly face up devils in final . but now they're trailing over caps in game 5 so i feel happy to dont have put any $$$$ on this.
 
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Posted: #14
oh i thought u made these before the playoffs started
 
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Posted: #15
Quote Originally Posted by Grizzvir:



man youre wrong in your math. a phoenix win will not be better for me. its the same think whatever which team won.

540.00$ x +400(5.00) = 2,700.00$

300.00$ x +800(9.00) = 2,700.00$

in both case i have 2,700$ as payout. 2,700$ is not the profit. its the payout


There's almost no math involved. It's common sense.
You have a winning bet and a LOSING bet.

Phoenix wins, you lose on the Kings.
Kings win, you lose on Phoenix.

Would you rather lose $300 or $540??
Do you not see the difference or does it not matter?





 
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Posted: #16
Quote Originally Posted by I_Need_A_Detox:

lol esplanade with the light bulb...


You really aren't too bright, are you??


 
Prospect
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Posted: #17
Quote Originally Posted by esplanade:



There's almost no math involved. It's common sense.
You have a winning bet and a LOSING bet.

Phoenix wins, you lose on the Kings.
Kings win, you lose on Phoenix.

Would you rather lose $300 or $540??
Do you not see the difference or does it not matter?







shitt man are you joking me. you really dont understand.

THEY PAID THE SAME AMOUNT OF $$$

You can see it as a 840.00$ bet @ +221,412857.....that coyotes or kings will win the west over the field. ITS THE SAME THING

I Staked 840.00$ on both bet and both bet give me 2,700$. whats the difference. its doesnt have importance if its 420/420 or 300/540


 
Prospect
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Posted: #18
for my bookmaker. I opened 840.00$ in wager

if kings win : 300 @ +800 = 2,400$ profit - 540.00$ loss on phoenix = 1,860$ net profit

if Yotes win: 540 @ +500 = 2,160$ profit - 300.00$ loss on kings = = 1,860$ net profit

no difference for the bookmaker man. just do the math




 
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Posted: #19
Let him have it Grizz.

 
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Posted: #20
300 x +800 = 2400

2400 - 300 - 540 = 1560

You want the Yotes to win.
 
Prospect
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Posted: #21
Quote Originally Posted by lbcake:

300 x +800 = 2400

2400 - 300 - 540 = 1560

You want the Yotes to win.


wrong

300.00$ x +800 = 2,700$

+800 = 9x your stake
 
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Posted: #22
Are you using American or decimal odds?
 
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Posted: #23
Quote Originally Posted by Grizzvir:

Hi, firstly, i would like to say that im not really good in english. i apologize in advance for any error in this post.

Here is my question:

I actually have 2 open future bet with my bookmaker (sportsinteraction).

1. LosAngeles King to win WestConference 300.00$ @ +800 (2,700$)

2. Phoenix Coyotes to win West Conference 540.00$ @ +400 (2,700$)

these 2 team will probably face each other in the conference final. so, if it's happen, it will be sure that one these 2 bet will be winner

I would like to know if it's will be possible to get paid before the west conference end by contacting their support because whatever the result of the series, they will have to pay 2,700$. or if i will have to wait the end of the best of 7 series for know which bet is a winner..

thanks for any insight or experience or opinion.

thx again

grizzvir





You used +800 and +400 here and then later +800 and +500.

Which is it?
 
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Posted: #24
Decimal payouts include the wager and American does not.

i.e.

100 @ 2.30 =  230

100 @ +130 = 130
 
 
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Posted: #25
Quote Originally Posted by Grizzvir:

Hi, firstly, i would like to say that im not really good in english. i apologize in advance for any error in this post.

Here is my question:

I actually have 2 open future bet with my bookmaker (sportsinteraction).

1. LosAngeles King to win WestConference 300.00$ @ +800 (2,700$)

2. Phoenix Coyotes to win West Conference 540.00$ @ +400 (2,700$)

these 2 team will probably face each other in the conference final. so, if it's happen, it will be sure that one these 2 bet will be winner

I would like to know if it's will be possible to get paid before the west conference end by contacting their support because whatever the result of the series, they will have to pay 2,700$. or if i will have to wait the end of the best of 7 series for know which bet is a winner..

thanks for any insight or experience or opinion.

thx again

grizzvir





300 @ +800 = 2400 profit - 540 = 1860

540 @ +400 = 2160 profit - 300 = 1860

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