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Ok.
This Baltimore Ravens bet now officially stinks to high heaven. According to various sources, anywhere from 80% to 97% of the bets at any given sportsbooks are on BALTIMORE.
And what does the line do? Barely edges up to -7...and that took until today.
This looks like a trap, smells like a trap, and 'feels' like a trap. 3% of the betting public is on one side? THREE!?!?!?!?!?!?!?!
I am going to be hopping off my Baltimore Ravens bet for 25 units. THAT'S RIGHT. I'M HOPPING OFF IT!
But because I got it at a nice number, I will be able to do some fun things with it. The following are my options:
Option A) Currently, I can take CLE +6.5 at (+105) at Pinnacle. Hopefully, later this number will be EVEN higher.
What this basically means is that I have Baltimore -6.5 (+101) and Cleveland +6.5 (+105), which means that if I bet the same amount (25 units), I will come out ahead regardless of the outcome
Option B) I can currently get CLE +7 at lots of books for around -105. With any luck, I'll be able to get CLE +7 for PLUS money, and then I'll be SUPER-HAPPY.
But let's assume that I don't, and the odds stay at around -105. If I bet 15.75 units to win 15 units at that, then that will effectively cancel my bet. However, if Baltimore happens to win by 7, I'll be very, very happy, because the CLE +7 bet will push, and the BAL -6.5 bet will win.
Should anything else happen, I will lose .75 units. So Option B effectively turns my original bet into a completely different one: I would in essence be risking .75 units to win 25 units, with the only winning result being Baltimore winning by 7.
So Option B boils down to whether or not I want to take (+3333) on BAL winning by exactly 7 for a .75 unit bet.
One caveat to that, though, would be that this way, if Cleveland covered the +7 (which I think may happen), then I will break even. woohoo!
Option C) Bodog is currently offering CLE +7.5 (-115) which I could take. If I could get this thing at anything CLOSE to -105 or (dare I dream) +100, I would be super-happy.
With this, I would hop off my Baltimore bet completely, risking 17.25 units to win 15 units on CLE +7.5.
However, if Baltimore won by EXACTLY 7, in this instance, I would be super-uber SUPER HAPPY. If Baltimore won by EXACTLY SEVEN, I would WIN my Baltimore -6.5 bet AND win my Cleveland +7.5 bet.
So Option C is effectively me risking the juice (2.1 units) to win 30.5 units, or getting +1452.
As with Option B, we have one caveat: If Cleveland covers the +7, then I lose nothing with the way I laid out the bets in this example.
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If that was super confusing to you, um...ask questions?
I'll let y'all know what I decide later today.
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