Seeing if there's any interest out there on betting that MU will win the NCAA tournament?
Current odds are at +4500. Meaning, If we all chipped in and put $1000 total on MU, we could potentially win $45,000 and split the winnings evenly.
I'm thinking $10/person.
Who's in? ;)
Save yourself.some time and just use the ten bucks as firewood
I would put in for a final four run but not winning. I think that Three of our losses have proved matchup issues can destroy us.
Quote from: Galway Eagle on February 18, 2019, 01:08:06 AM
I would put in for a final four run but not winning. I think that Three of our losses have proved matchup issues can destroy us.
I'm not sure what the Final Four odds are.
Marquette will win it all.
Now that my bracket is mostly set, I'll probably clean the garage.
Quote from: MUpilot on February 18, 2019, 12:56:35 AM
Seeing if there's any interest out there on betting that MU will win the NCAA tournament?
Current odds are at +4500. Meaning, If we all chipped in and put $1000 total on MU, we could potentially win $45,000 and split the winnings evenly.
I'm thinking $10/person.
Who's in? ;)
Odds have dropped quite a bit. I got them at +7500 in Vegas 2 weeks ago.
Quote from: MUpilot on February 18, 2019, 12:56:35 AM
Current odds are at +4500. Meaning, If we all chipped in and put $1000 total on MU, we could potentially win $45,000 and split the winnings evenly.
I'm no gambling expert, but I'm pretty sure that also means you could personally put $10 in and win $450 ;)
I have already bet $10 million on MU, and that's roughly 1/200th of my personal wealth, so I probably don't want to bet anything else.
Oh wait ... sorry ... had a vision I was MUFINY for a second there.
Quote from: MU82 on February 18, 2019, 11:21:20 AM
I have already bet $10 million on MU, and that's roughly 1/200th of my personal wealth, so I probably don't want to bet anything else.
Oh wait ... sorry ... had a vision I was MUFINY for a second there.
random.
Quote from: MU B2002 on February 18, 2019, 11:59:47 AM
random.
I think the word you were looking for is......anywho
Mu82 holds a grudge on any thing that anyone has ever stated that offended him or he disagrees with. He then drops snarky little comments ad infinitum as part of his childish inability to ever let anything go.
Knew aquatic senter in da Rec Center, hey?
Will there be swimming/diving teams now?
Am I missing the point of this? Couldn't you bet $10 yourself and get the same payout but without having to trust someone with 45k if you win?
Quote from: Mr. Sand-Knit on February 18, 2019, 12:15:09 PM
Mu82 holds a grudge on any thing that anyone has ever stated that offended him or he disagrees with. He then drops snarky little comments ad infinitum as part of his childish inability to ever let anything go.
This seems to be the case with him and at least 5 to 10 other members here.
Quote from: 4everwarriors on February 18, 2019, 01:32:51 PM
Knew aquatic senter in da Rec Center, hey?
When I saw that thread topic title that is exactly what came to my mind. Thought we were getting a nice resort style pool . Disappointing.
Quote from: kryza on February 18, 2019, 02:21:47 PM
Am I missing the point of this? Couldn't you bet $10 yourself and get the same payout but without having to trust someone with 45k if you win?
Or put $1000 in yourself, although with these odds you may as well just light $1000 on fire.
Quote from: Mr. Sand-Knit on February 18, 2019, 12:15:09 PM
Mu82 holds a grudge on any thing that anyone has ever stated that offended him or he disagrees with. He then drops snarky little comments ad infinitum as part of his childish inability to ever let anything go.
Not a fan of EA either, aina.
In. So let me guess, I am supposed to mail you my $10 and then you just take care of the rest and send me my $450 when we win it all?
Quote from: frozena pizza on February 19, 2019, 08:55:34 PM
In. So let me guess, I am supposed to mail you my $10 and then you just take care of the rest and send me my $450 when we win it all?
Please send the proceeds to my Nigerian bank account . . .
Quote from: mudeltaforcegurl on February 18, 2019, 05:07:14 PM
Or put $1000 in yourself, although with these odds you may as well just light $1000 on fire.
If you had said, "gambling is for losers", I would accept your answer. You strangely seem to be equating odds as a strict function to assess probability of victory. They are nothing of the sort. They are merely a reflection of how a pool of bettors have assigned these probabilities. 99 "smart money" gambling experts can get involved in a pool and make an eventual winner a 1-9 prohibitive favorite. All it takes is one well-heeled idiot to make a giant bet on another entry with very little likelihood of prevailing to create a massive overlay on the experts' choice , and a 1-9 shot can now go off at 3-1. Its chances of winning the game, race, tourney, match etc have not gone up or down....only its price, or odds, has changed.
Of course, the converse happens all the time, and the experts are way off the mark...creating an undeserved prohibitive favorite. 44-1 on MU is not that inviting, given how much has to go right to win an NCAA championship. If you somehow think they are a better bet at 20-1, have at it...just know you've created value elsewhere in the pool of 64 teams.
I put $20 on them in the summer at 200-1 while in Jersey. I'm hoping for a Nevada-Marquette final since I put $20 on them at 8/1 back then.
Quote from: AlTruda94 on February 19, 2019, 09:36:01 PM
I put $20 on them in the summer at 200-1 while in Jersey. I'm hoping for a Nevada-Marquette final since I put $20 on them at 8/1 back then.
You got tremendous value on MU. Curious, though, as to why you bit at 8-1 on the Wolfpack? I read where they opened at 40-1 and then got the recruiting good news and that their star was returning. Musselman staying says a lot too. To stay at a mid-major with the job he's done...wow. Local money in Nevada came down heavy on the Pack.
I don't touch horse racing futures, as the likelihood of an injury and subsequent scratch is just so high.
Quote from: Mr. Sand-Knit on February 18, 2019, 12:15:09 PM
Mu82 holds a grudge on any thing that anyone has ever stated that offended him or he disagrees with. He then drops snarky little comments ad infinitum as part of his childish inability to ever let anything go.
I hold no "grudge" against you.
You said something stupid -- that Sacar was "the worst 2 in the BEast by far" -- and I called you out on it. You didn't like being called out on it, so you fired back at me. But I had facts on my side.
Sadly, you don't like it when facts -- and your own words -- are used against you. So you made some crack about wishing I was dead, which earned you a little Scoopcation.
I don't need to have a grudge against you. I have the truth!
I will say that I have a new-found respect in you because you don't take kindly to a certain other multiply-banned Scooper's incessant BS, so well done on that.
My one recommendation to you is that you think before you fire off a post, especially if you're going to rip into a Marquette player -- and double especially if it's one who works as hard as Sacar does and gives everything he has to help our team win.
Have a nice evening, TSN.
Quote from: MU82 on February 19, 2019, 10:01:47 PM
I hold no "grudge" against you.
You said something stupid -- that Sacar was "the worst 2 in the BEast by far" -- and I called you out on it. You didn't like being called out on it, so you fired back at me. But I had facts on my side.
Sadly, you don't like it when facts -- and your own words -- are used against you. So you made some crack about wishing I was dead, which earned you a little Scoopcation.
I don't need to have a grudge against you. I have the truth!
I will say that I have a new-found respect in you because you don't take kindly to a certain other multiply-banned Scooper's incessant BS, so well done on that.
My one recommendation to you is that you think before you fire off a post, especially if you're going to rip into a Marquette player -- and double especially if it's one who works as hard as Sacar does and gives everything he has to help our team win.
Have a nice evening, TSN.
You are delusional if u believe what u type. U have used the "worst 2g by far" in every post that u could possibly manage, even if it had nothing to do with the topic. Ive credited Sacar on many occassions on stepping up his consistency n contributions this year. U do the same with many other topics n posters. Own it bro, a little respect may follow.
Also have MU at 200-1. Not sure when I'd start hedging against that.
Quote from: Mr. Sand-Knit on February 19, 2019, 10:32:56 PM
You are delusional if u believe what u type. U have used the "worst 2g by far" in every post that u could possibly manage, even if it had nothing to do with the topic. Ive credited Sacar on many occassions on stepping up his consistency n contributions this year. U do the same with many other topics n posters. Own it bro, a little respect may follow.
Lighten up, Francis. And please don't forget to also give me credit for poking fun at your speling, gramer and punk'chewation!
Is in the Rec Center.........
Quote from: MU82 on February 20, 2019, 09:09:48 AM
Lighten up, Francis. And please don't forget to also give me credit for poking fun at your speling, gramer and punk'chewation!
Classic journalist... commit an act, then deny, deny deny, and then deflect by ultimately tellingthe other party to relax while confessing. Character revealed
Quote from: Eye on February 20, 2019, 08:54:31 AM
Also have MU at 200-1. Not sure when I'd start hedging against that.
Yeah, that's a tough question. I'm a horseplayer whose goal is to get live to overlays in the Morning Line. If I really like a horse and I think that horse should be 8-1ML and he's listed at 15-1 or 20-1 on the ML, I will single that horse in a pick3 or pick4 and spread in the other races to make almost certain I will cash if my key horse wins. So I'm hedging on the periphery already. Then when it comes to the key/cash leg, I will put my horse in 2nd behind the ALL button in exactas, and if he's 20-1 or higher at the Post, I will hedge with him in the 3rd/Show slot.
It's obviously a different ballgame with hedging hoops wagers, especially involving a team you presumably love. I am such a passionate fan of MU basketball that I seriously used to bet against us to take out "Win insurance" because I was so disheartened by MU losing.
I would advise you not to hedge much until the championship game, which we are clearly heading to :).
Make a large hedge bet then, as theres nothing worse than watching your huge long shot get beat at the wire. Of course, it's hard to "cover" when you stand to cash $20,000. What are you supposed to do, bet $10G on Duke at Even Money in the final game? (We will have blown out so many teams by then, the game will be a picEm ;)). If you do that, you've slashed your 200-1 in half. To me, MU winning is so off-the-charts rewarding to me emotionally, that I would gladly cut my winnings in half to hedge against the agony of watching our Warrior Eagles get that far but come up short.
Quote from: Mr. Sand-Knit on February 20, 2019, 09:35:11 AM
Classic journalist... commit an act, then deny, deny deny, and then deflect by ultimately tellingthe other party to relax while confessing. Character revealed
Yes, "character revealed," says the guy who rips on young men who give 60+ hours a week to their school's basketball team.
Quote from: MU82 on February 20, 2019, 07:23:23 PM
Yes, "character revealed," says the guy who rips on young men who give 60+ hours a week to their school's basketball team.
Lol
There he goes again, cant give it up. The dan rather of scoop
Quote from: Mr. Sand-Knit on February 20, 2019, 07:38:08 PM
Lol
There he goes again, cant give it up. The dan rather of scoop
Well, I know you think Dan Rather is a liar.
What did I lie about there? You didn't repeatedly rip Luke and Sacar, Mr. Character Revealed?
Quote from: NorthernDancerColt on February 20, 2019, 11:32:20 AM
Yeah, that's a tough question. I'm a horseplayer whose goal is to get live to overlays in the Morning Line. If I really like a horse and I think that horse should be 8-1ML and he's listed at 15-1 or 20-1 on the ML, I will single that horse in a pick3 or pick4 and spread in the other races to make almost certain I will cash if my key horse wins. So I'm hedging on the periphery already. Then when it comes to the key/cash leg, I will put my horse in 2nd behind the ALL button in exactas, and if he's 20-1 or higher at the Post, I will hedge with him in the 3rd/Show slot.
It's obviously a different ballgame with hedging hoops wagers, especially involving a team you presumably love. I am such a passionate fan of MU basketball that I seriously used to bet against us to take out "Win insurance" because I was so disheartened by MU losing.
I would advise you not to hedge much until the championship game, which we are clearly heading to :).
Make a large hedge bet then, as theres nothing worse than watching your huge long shot get beat at the wire. Of course, it's hard to "cover" when you stand to cash $20,000. What are you supposed to do, bet $10G on Duke at Even Money in the final game? (We will have blown out so many teams by then, the game will be a picEm ;)). If you do that, you've slashed your 200-1 in half. To me, MU winning is so off-the-charts rewarding to me emotionally, that I would gladly cut my winnings in half to hedge against the agony of watching our Warrior Eagles get that far but come up short.
To answer my own question, wouldn't start thinking about it until the Elite 8 at the earliest. Have 20 on it, so 4000 potential win. Would like to get at least a 100 in value back out of it if they make it to the Elite 8. Obviously hope they're 33-4 at that point. If hedged enough that only got back 3000 if MU won it, would obviously plenty happy with that.
I'm kind of an on-the-periphery horse guy BTW. Not to go to a namedrop that someone else here is famous for, but owner/operator of Horse Racing Radio Network is good friend. He, I and some other friends went in on a 3-year-old about 10 years ago now. Won his 1st race at Churchill, finished 3rd in his second race at Arlington, but unfortunately petered out after that. Will probably do something similar on a horse again soon. Pay attention to horse racing in Triple Crown season, and a little around the Breeders Cup. Thoroughly enjoyed Keeneland when been there. So I kind of understand horse hedging, but not a ton.
Have another buddy who's a UL fan who's done what you call take out win insurance a lot over the years. Figures he's happy if UL wins or he's happy if he wins his wager on the dog plus the points, or doubly happy if the dog covers but UL wins.
Worst non-hedges can recall buddy's making was one not hedging in Games 6 and 7 of the '02 WS when he had the Giants at 12-1 to win it. Let it ride instead of at least guaranteeing his initial bet and lost it all. Also have run a bracket pool for more than 30 years. Had a buddy who had Butler to win it one of the years they were in the final, would've won a 1000 had they won, but 10 bucks if they lost it, and did nothing, not even the at-the-time 10 pool entry fee.
Quote from: Eye on February 20, 2019, 10:33:58 PM
To answer my own question, wouldn't start thinking about it until the Elite 8 at the earliest. Have 20 on it, so 4000 potential win. Would like to get at least a 100 in value back out of it if they make it to the Elite 8. Obviously hope they're 33-4 at that point. If hedged enough that only got back 3000 if MU won it, would obviously plenty happy with that.
I'm kind of an on-the-periphery horse guy BTW. Not to go to a namedrop that someone else here is famous for, but owner/operator of Horse Racing Radio Network is good friend. He, I and some other friends went in on a 3-year-old about 10 years ago now. Won his 1st race at Churchill, finished 3rd in his second race at Arlington, but unfortunately petered out after that. Will probably do something similar on a horse again soon. Pay attention to horse racing in Triple Crown season, and a little around the Breeders Cup. Thoroughly enjoyed Keeneland when been there. So I kind of understand horse hedging, but not a ton.
Have another buddy who's a UL fan who's done what you call take out win insurance a lot over the years. Figures he's happy if UL wins or he's happy if he wins his wager on the dog plus the points, or doubly happy if the dog covers but UL wins.
Worst non-hedges can recall buddy's making was one not hedging in Games 6 and 7 of the '02 WS when he had the Giants at 12-1 to win it. Let it ride instead of at least guaranteeing his initial bet and lost it all. Also have run a bracket pool for more than 30 years. Had a buddy who had Butler to win it one of the years they were in the final, would've won a 1000 had they won, but 10 bucks if they lost it, and did nothing, not even the at-the-time 10 pool entry fee.
Very hard to make money as a horse owner. It's a great way to entertain friends and clients, though. One of my MU buddies/roommates owns at a pretty high level. He was kind enough to invite me into the winners circle at Keeneland last spring after one of his turf horses won an allowance race there. It was the thrill of a lifetime, and I didn't even own 1% of the horse. Keeneland is hallowed ground, as Lexington is home to some of the greatest farms and breeding operations.
My company sponsors a race at Thurby each year at Churchill. The paddock, tunnel, and winners circle, and sky box experience is real something to experience. I think my tailor looks forward to it each year as well.
The last best opportunity I had to go to the Derby came in the last year I was coaching college softball, and was the same weekend as our conference tourney. Will go someday, hopefully sooner rather than later.