Tag Archives: betting

Go Indians

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But let’s say – in some crazy alternate reality – that you saw the Cleveland Indians’ AL-record 21-game win streak coming and you decided to bet just $100 at the start. How much money would you have today? Well, according to Las Vegas sportsbooks, you’d be a millionaire.

 If some bettor had hypothetically placed a $100 bet on the Indians on Aug. 24 and let that bet ride through Sept. 13, this bettor would currently have $1,179,048. He broke down the bets in an incredible game-by-game chart.

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The concept of “letting it ride” is basically an ongoing parlay. So while this bettor started with a $100 bet on Game 1, by Game 21, he or she would be putting $884,286 on the line. That would be a ridiculously risky – and borderline insane – thing to do when you started at $100. This bettor would risk losing out on everything with an Indians loss.

But, of course, hindsight never loses.

World Cup bet on Argentina ?

A bettor walked into the Tuscany Casino in Las Vegas on Thursday and bet $231,676 in cash for Argentina to beat Iran straight up. It was the largest World Cup wager made at the 100 William Hill sportsbooks in the state of Nevada, confirmed company spokesman Michael Grodsky.

Argentina was such a prohibitive favorite that if the team won, he would only win $20,000 (and of course get his original bet money on top of that). Draw or lose, he would lose that money.

So confident that Argentina would win, the bettor dropped another $120,000 on the same bet on Friday to win another $10,000 if Argentina prevailed.

Well, the guy had to sweat. He was four minutes of stoppage time away from losing more than $350,000. As luck would have it, Lionel Messi scored seconds after the extra time was out on the clock and gave the bettor his risky $30,000 win.

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All-In on Wise Dan

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Reigning Horse of the Year Wise Dan puts his undefeated record on the line in Saturday’s $750,000 Shadwell Turf Mile from Keeneland.

The Shadwell Turf Mile (race nine) is one of five stakes races offered at Keeneland this Saturday with a scheduled post time of 5:30 p.m. (e.s.t)

The 6-year-old has won all five of his starts this year and was made the 2-5 morning line choice in the field of 10, where he’ll break from the outside post (#10) in the one-mile contest.

“I’d rather be there than down on the inside because there will be a lot or traffic trouble,” trainer Charlie LoPresti said of the outside draw.

Wise Dan has won all five starts this year and is currently riding a nine-race win streak that dates back to last August.

“Obviously I got to say he’s a little bit better this year than last year,” said LoPresti, who was born in Brooklyn. “He always seems to go that way in the fall and we can only hope he goes that way for the next two races.”

The next two races are the Shadwell Turf Mile and the Breeders’ Cup Mile on Nov. 2 at Santa Anita, a race he won last year.

“I don’t want him to get beat,” the trainer said. “I would like to finish the year out without him getting beat. Hopefully we can do that.”

Wise Dan has won 18 of 25 career starts with earnings of $5,043,610.

MDC runs a quick betting analysis for you;

* your checking account has a return of 0.01 %
* your savings account has a return of 0.04 %
* a CD has a return of 0.09 %
* 1-pound of recycled aluminum cans has a return of $ 1.59
* Wise Dan averages anywhere from a 15-40% return depending upon post time odds.

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Twitter I.P.O

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Las Vegas is putting its money on Twitter listing on the New York Stock Exchange.

Kevin Bradley, the Sportsbook Manager at Bovada.lv., puts the odds of the San Francisco microblogging site choosing the NYSE at 4 to 7 — a clear favorite.

That means for a $7 bet, you’ll win $4, Nasdaq’s odds for grabbing the listing is 7 to 5, according to Bradley. Although it’s unusual for bookies to formulate odds on a Wall Street IPO, Bradley says that the buzz around popular tech companies like Twitter make them good betting plays.

“We offered odds on the Facebook IPO back when it went public,” Bradley noted via email.

“We tend to offer these lines when there is a good amount of public interest in an IPO and social media platforms inherently seem to fit the bill because of the buzz they tend to create in the media and amongst everyday people, not just the investors, “ he added.

Bradley said that bets on Twitter have been ticking up since odds on the stock offering were published last week.

The fact that Twitter decided to file a confidential S-1 also has helped drum up intrigue around the company.

Bettors can place their Twitter wagers on everything from when the offering is likely to launch its IPO to what its most likely ticker symbol will be.

So far the odds are 5 to 8 that Twitter will go public before Dec. 7.

The Post first reported that the tech company was eyeing an IPO around Thanksgiving.
Odds makers also appear to be leaning toward the ticker symbol “TWTR” (odds of 5 to 6), over “TWIT” (3 to 1). Possible ticker “BIRD” and EGG, have long odds of 35 to 1 and 50 to 1, respectively.

MDC says the launch price will be around $34 to $39 per share.

“After excluding possible ticker symbols already in use like TCO, TW, and TWI, we made a list of possible abbreviations based off the word Twitter,” Bradley wrote.

Source: nypost

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