Vegas Casino odds line for a place bet proposition

[formula_2002]

What do you think a Vegas Casino odds line would be for the following proposition bet;
Return a minimum of roi of .99 for at least 100 place bets in a 30 day period.
Proposition bet size, $20,000
or $50,000 bet
or $100,000 bet

[bob60566]

What do you think a Vegas Casino odds line would be for the following proposition bet;
Return a minimum of roi of .99 for at least 100 place bets in a 30 day period.
Proposition bet size, $20,000
or $50,000 bet
or $100,000 bet.

Me thinks they would like to know the total bets not the least,
Intersting

Mac:)

[formula_2002]

.

Me thinks they would like to know the total bets not the least,
Intersting

Mac:)
That would be part of the factoring.

[bob60566]

What do you think a Vegas Casino odds line would be for the following proposition bet;
Return a minimum of roi of .99 for at least 100 place bets in a 30 day period.
Proposition bet size, $20,000
or $50,000 bet
or $100,000 bet

20K 8/1 MAX 165 BETS to place
50K 13/1 MAX 140 BETS to place
100K 18/1 MAX 125 BETS to place

All seperate wagering
Mac:)

[formula_2002]

20K 8/1 MAX 165 BETS to place
50K 13/1 MAX 140 BETS to place
100K 18/1 MAX 125 BETS to place

All seperate wagering
Mac:)

Interesting structure.
Of the three, the 100k proposition appeals to me, providing I have to option to renew the same 100k proposition each time I may fail to achieve the .99 roi.

[bob60566]

Interesting structure.
Of the three, the 100k proposition appeals to me, providing I have to option to renew the same 100k proposition each time I may fail to achieve the .99 roi.

Yes the renewal option is priced at 20k for three seperate 100k proposition and resets to zero after a failed attempt.

Mac:)

[formula_2002]

Yes the renewal option is priced at 20k for three seperate 100k proposition and resets to zero after a failed attempt.

Mac:)
cost of option is $20,000k for three 100k propositions?

[bob60566]

cost of option is $20,000k for three 100k propositions?

Yes but you can only win once with package option

[formula_2002]

Yes but you can only win once with package option
That all seems very generious.

Do you think Wynn would buy into it?

[bob60566]

That all seems very generious.

Do you think Wynn would buy into it?

No
Unless they told you the 375 races you could play as you well know bookmakers/casino are not into charitable donations.
You would not be able to pick your spots and take there money.

Mac:)

[formula_2002]

No
Unless they told you the 375 races you could play as you well know bookmakers/casino are not into charitable donations.
You would not be able to pick your spots and take there money.

Mac:)
then they need to adjust their odds line.

[formula_2002]

Just got this e-mail from Wynn.. Someone alerted them :)

[davew]

jeez, and I was thinking 1/5 or 1/9

for someone who specializes in place betting, that is not that tuff or am I missing something?

who decides what races?

[formula_2002]

Since I started this thread, 80 races returned a place roi .96 roi. (win roi is .79)
correction, since 01/03/2012

[bob60566]

So you have 45 races left to meet your objective

Mac:ThmbUp: :)

[formula_2002]

after 91 plays, the place roi is .96.

I'm working on format to sync my computer generated plays to my web site.

[formula_2002]

100 plays returned a .957 place bet roi and a .86 win bet roi

[formula_2002]

after 125 races!!!
.89 place roi :faint:
.83 win roi.

[bob60566]

after 125 races!!!
.89 place roi :faint:
.83 win roi.
You called the shot i made the rules.

Mac;)