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In sports betting the rule is usually 11 gets you 10. What this means is that if you bet $11 on a game and the game goes the way you are betting, you get your $11 back plus another $10.
The way you bet a football game is that the odds maker will pick a winner and how many points the winner must win by. The idea behind this is that if the odds maker has found the perfect ‘point spread’ (or points one team must win by), bettors will pretty much bet 50/50 across the wager.
Here’s an example: This weekend the Steelers played the Bengals in the wild card match up. Odds makers said that the Steelers had to win by more than 3. Thus, the idea is that oddsmakers think that 50% of the bettors will bet that the Steelers will win by 3 while 50% will bet that the Steelers won’t win by that much or possibly not even win.
If you take 2000 people betting this way, it looks like this:
1000 bet $11: Steelers by 3
1000 bet $11: Bengals “Beat the spread”
All tolled, the bookie (or bet taker) takes in $22,000
Now… this could go one of 3 ways:
1) The Steelers win by lots (at least more than 3)
2) The Steelers win by 2 or less or even lose
3) The Steelers win by exactly 3
In cases 1 & 2, The group that bet correctly gets their $11 back + $10
This pays out $21,000 to 1000 bettors. Thus in a perfect 10:11; The bookie makes $1 for every 2 bets on either side of the line.
This of course can backfire. If 4 days before a game 3 star players are killed in a car crash, it’s pretty obvious that team won’t play as well. Usually at that point the odds/spread will change. All future betting will be at the new spread/odds.
3 weeks ago the Steelers were 22:1 to win the Superbowl. Now there are only 8 teams left and the Steelers are among that group, they are now 12:1 to win. (Bet 1 get 12 back)
So… What about this word, “Parlay”.
In Horse racing we have the trifecta. This means not only picking the winner but the 2nd and 3rd place. Since it is placing multiple bets… it raises the odds.
In sports betting you can lump multiple bets together. It raises the odds but also raises the possibility you will lose.
So looking at the past weekend’s football I bet the following parlay:
(201) Washington Redskins +3 (-130) Sat@1:30
(204) New England Patriots -7.5(-115) Sat@5:00
(207) Pittsburgh Steelers -3 Sun@1:30
Now we get math…
An evenly matched odd is 1:1, that would pay $1 for each $1 spent. Or $2.
So the multiplier is 2
Let’s say the odds are 4:5, this would pay $0.80 for each $1 spent: $1.80
So the multiplier is 1.8
So the numbers in parens above are the odds in amt to bet to win $100.
Washington is Bet $1.30 to win $1. or bet $1 to get $0.76
The multiplier is 1.76
So we take 1.76 * 1.86 * 1.90 (assume -110 if not listed) = 6.21984
Thus had you bet a $10 parlay this way, it would have returned $62.19; So you would have won a little over $50
It is 4am. While prepping to upgrade my server, I managed to power surge my main computer. Not sure how. The main 120 Gig drive ate itself. I just managed to find a disk recover program that looks like it’s working… But I may have to get a hard drive tomorrow.
*sigh*
But at least it is recovering.
I know.. I haven’t posted much. Bad Andrei. But it’s been.. busy, crazy… life… you know that thing outside LJ.
I’m posting now, because of uber geek points.
I am on my laptop, on a ferry. There is no public net. However, my Treo650 has finally been configured to get on the T-Mobile internet and feed it via bluetooth to my laptop.
Oh, sure, it’s like a 38K modem.. But come on. iChat on the go. Fully working.
I likes it. 🙂
Yes, I am a geek.
I blame this entire post on one specific person. I’m pretty sure you’re not reading this journal any more… But those who know me, know who I’m talking about. (And, yes… I do miss seeing this person)
So.. here’s your lesson for the day in astrology if you didn’t know this already:
Let’s talk about the moon going “Void of Course”
(From Moon Void of Course and Moon Phases)
Knowing when the Moon becomes Void of Course is an easy way to begin to watch the effect of the closest heavenly body to earth-the Moon. The Moon becomes “void” when it’s not making any major aspects to the other planets. This happens every few days for a time period ranging from a few minutes to a day or more.
Simply put, what this means from a practical standpoint, is that anything that is started when the Moon is void of course, doesn’t pan out.
Starting a new business? Don’t make it official until the void period is over.
Looking for an engagement date? Avoid the times that the Moon is void if you want to play it safe. One more thing. Don’t push the send button on an important e-mail until the Moon void period is over. That is, unless you want nothing to come of it. Fretting over a possible negative outcome for a court case, a health issue or whatever?
The void of course definition still applies-nothing comes of it.
Can you override the effect of a void Moon? Maybe, but be prepared to double your efforts and then hope and pray for the best. Now, I have to tell you, the reverse strategy of starting something important when the Moon is not void doesn’t guarantee success. I do know that starting something important when it is void, nearly always holds true; Nothing much happens. I also know that if I can avoid hang-ups and disappointments, that’s enough to make me check my calendar.
Also from: Void of course moon Emphemeris
“Historic events during such periods have a wild, Pandora’s Box impact on cultural evolution. The first two dozen successful spaceshots were all launched with the Moon Void of Course, to open an all-new age in which old concepts and ideas are corrected or disproven.
“In every presidential election from 1900 through 1972 one of the two major party candidates was nominated with the Moon Void of Course. Every one of the candidates nominated with the Moon Void of Course lost.
“Jimmy Carter’s 1980 nomination came in a Void of Course Moon.”
“John Kerry’s 2004 and Al Gore’s 2000 nomination came in a Void of Course Moon.”
So, here are the last and next Void of Course periods. (All times PST)
Last: Moon went void on 12/29 @ 7:01 pm; Moon entered Cap 12/30 @ 6:35 am
Next: Moon goes void on 12/31 @ 1:09 am; Moon enters Aqu 1/1@4:15 am
So… what does this mean?
2006 will start V/C. And due to the date line and time zones… this one does not have a convenient time zone where you could ‘hide out.’
So… how do you deal with this? Well, here’s my opinion…
Start your New Years Eve celebrations today.
Make the entire event a process that begins now and terminates Sunday morning.
The entire purpose of the new year celebration is to draw to a close 2005. To put the old year behind you and to make way for a new, different, and hopefully better year. If you identify this process as watching Dick Clark (or his designated appointee) clamber for about 45 minutes, watch a shiny ball drop, and drink; then I think your process won’t really help you make the transition this year and you’ll kinda be stuck in that 2005 wave.
On the other hand. If you start the process now you can build up to a perfect moment charged from one sign and diffused in another.
Now this is just my own opinion… but it definitely warrants meditation and contemplation.