Hi all. Was just wondering if anyone ever did something similar to this as a football bet? I know it's done on the Roulette table.
Pick one team from the league and for each of their games bet that they will draw. If it doesn't come in double the steak until they do draw. Most draws have a return of around 2/1. Some slightly lower, some considerably higher.
For example.
Match 1. Bet £1 for them to draw. The result was they win.
Match 2. Bet £2 for them to draw. The result was they lost.
Match 3. Bet £4 for them to draw. Result, they draw. Returns possible £9.
If you pick a team that tends to draw a lot and do it throughout the season, you could pick up profit. For example, Everton drew 15 times last season. If you used the above stakes for all their games based on a 2/1 return for a draw. You would have spent £138 but got a return of £209.
May worth a go. If you got the minerals, you could raise the stake.
Stoke also drew 15 games last season and I imagine they would have had a higher return rate.
Would this bet work?
posted on 2/7/13
It´s a mugs game betting on football, way too many variables.
posted on 2/7/13
Much quicker doing it on a roulette table, and sticking some winnings on 0 every few goes, I made some decent money doing this, but obviously there's a risk you'll lose a certain amount in a row and won't be able to afford to double the bet again.
posted on 2/7/13
Don't do it! It's a quick way to lose money. You only have to lose 4 or 5 in a row and then you're having to place silly bets on just to chase your losses.
posted on 2/7/13
I have an even better idea but its all dependant on who scores the first goal.
Bet in play using only the top 3-4 teams.
When the underdog scores. Wait at least 10 minutes (hoping they don't equalise earlier) and just stick a couple of quid on them to win.
I set up a William Hill account in 2011/2012 season starting with £50 in my account. I won about £15 quid when Young saved me as United beat WBA.
At the moment I have just over £400 in my account and thats all from bet in play for favourites to come back.
I was gutted that I only put £3 on City to come back vs QPR. Knew I should've put a tenna on.
posted on 2/7/13
As mccannio says, it only takes a few matches without a draw for you to be putting on large amounts. Depending on your initial bet you may run into limits on bets placed which scupper your plan.
Eg you start with £10 initial stake. No draw in first 6 matches means further stakes of 20,40,80,160,320,640. The longer the run, the worse it gets.
However, in theory, if you keep going, as long as your chosen club eventually draw, you'll make a profit since draws are never less than evens (unless something dodgy is going on). You don't even need to double your stake bearing in mind the average starting odds on a draw in the EPL is around 5/2.
posted on 3/7/13
One problem with this is that 2/1 isn't the same as red/black on the roulette table. The odds of that happening are about evens which is 1/1.