View Full Version : Vegas Casino odds line for a place bet proposition
formula_2002
01-09-2012, 06:20 PM
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
01-09-2012, 06:49 PM
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
01-09-2012, 08:57 PM
.
Me thinks they would like to know the total bets not the least,
Intersting
Mac:)
That would be part of the factoring.
bob60566
01-09-2012, 09:29 PM
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
01-10-2012, 07:21 AM
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
01-10-2012, 10:03 AM
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
01-10-2012, 10:15 AM
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
01-10-2012, 10:26 AM
cost of option is $20,000k for three 100k propositions?
Yes but you can only win once with package option
formula_2002
01-10-2012, 04:59 PM
Yes but you can only win once with package option
That all seems very generious.
Do you think Wynn would buy into it?
bob60566
01-10-2012, 05:20 PM
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
01-10-2012, 05:31 PM
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
01-10-2012, 06:38 PM
Just got this e-mail from Wynn.. Someone alerted them :)
davew
01-10-2012, 11:56 PM
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
01-12-2012, 07:33 PM
Since I started this thread, 80 races returned a place roi .96 roi. (win roi is .79)
correction, since 01/03/2012
bob60566
01-12-2012, 07:57 PM
So you have 45 races left to meet your objective
Mac:ThmbUp: :)
formula_2002
01-14-2012, 12:34 PM
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
01-14-2012, 05:35 PM
100 plays returned a .957 place bet roi and a .86 win bet roi
formula_2002
01-15-2012, 08:07 PM
after 125 races!!!
.89 place roi :faint:
.83 win roi.
bob60566
01-15-2012, 09:03 PM
after 125 races!!!
.89 place roi :faint:
.83 win roi.
You called the shot i made the rules.
Mac;)
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