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Friday, January 14, 2005

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Wagering on Basketball

The Wagers Are All The Same

Wagering on basketball is gonna be a lot easier than explaining baseball because the wagers are all the same:

  1. 5 timer: $30 to win $25
  2. 10 timer: $55 to win $50
  3. 20 timer: $110 to win $100
  4. 40 timer: $220 to win $200
  5. 5-time parlay: $25 to win $65
  6. 10-time parlay: $50 to win $130
  7. Three-team parlay: $25 to win $150
  8. Three-team parlay: $50 to win $300
  9. Three-team parlay: $100 to win $600
  10. $15 three-team round robin: $45 to win $117
  11. $20 three-team round robin: $60 to win $156
  12. $30 three-team round robin: $90 to win $234
  13. $60 three-team round robin: $180 to win $468

In baskets I use the same theory as baseball but concentrate more on round robins and, of course, time-zone betting. Here again it is easy to use time-zone play on the weekends, but during the week there is rarely an afternoon game. If your bankroll is $100 for a given day, then here is what you should zero in on:

  1. One $15 round robin ($45)
  2. One flat bet: ten-timer ($55)

Or as an option:

  1. Two $15 round robins ($90)
  2. Three-team parlay: five-timer ($25)

The important thing is setting your bankroll up in the morning and deciding how you will break your bets down. Don’t shot the whole wad on the early games and then come back and make bets with money you don’t have available on the late games. If $200 is your bankroll on a given day:

  1. One $20 round robin ($60)
  2. Two $15 round robins ($90)
  3. Two three-team $25 parlays ($50)

Or you can use:

  1. One $30 round robin ($90)
  2. One flat bet: ten-timer ($55)
  3. One $30 two-team parlay ($30)
  4. One $25 three-team parlay ($25).

The combinations go on and on. If you use time-zone betting and wish to use a hedge off of the late-night game, that hedge is not counted as part of your cash layout. Since the hedge would only be incorporated if you had two open wins, and you made a criss-cross hedge, both bets could not lose, so there is no additional layout of money at risk.

In basketball I rarely lay a lot of points on the pros because their games tend to be closer than the colleges. The colleges are rougher. You’ll get your upsets during the year, but it is not uncommon to see for example: Connecticut blow out Rutgers 98-53, in a game where Connecticut was favored by 16 points. Colleges do have blowouts, more so than pros, so don’t be afraid to lay the wood with the college games.

In the pros, home court is a big thing. Teams like Utah, Knicks, Atlanta, Chicago, Miami, etc., run off big streaks at home. Then on the road they have trouble covering a 2-point lay at a team nine games under .500!

Go figure!

Next page: The Over/Under Factor

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