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Question re football bet on both teams in same match.

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  • 27-08-2014 11:10am
    #1
    Dinarius
    Registered Users Posts: 3,405 ✭✭✭


    Please tell me if this is correct.

    Last night, one hour before kick-off, MKDons were 7/1 to win, while Man. Utd. were 2/5, with Paddy Power.

    Therefore, if I put €5 to win on ManU, I would collect €7.

    While if I put €1 on MKDons to win, I would collect €8.

    Therefore, for a total stake of €6 (two bets - €5 + €1), I would make €1 (16%), if ManU won, and €2 (32%) if MKDons won - within 90 minutes.

    Is this correct? Are the odds fixed at the time of the bet?

    Am I missing something?

    Thanks.

    D.


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    #2
    irish_goat
    Moderators, Recreation & Hobbies Moderators Posts: 5,786 Mod ✭✭✭✭irish_goat


    You've not counted the odds of it being a draw.


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    #3
    Dinarius
    Registered Users Posts: 3,405 ✭✭✭Dinarius


    irish_goat wrote: »
    You've not counted the odds of it being a draw.

    I accept that if it's a draw I lose my €6. I was simply asking if I'm dreaming, or can I actually hedge my bets in the same event as outlined above? :rolleyes:

    Actually, you've preempted my next question which was going to be, can I bet such that I get my money back in the event of a draw?

    Thanks again.

    D.


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    #4
    DB74
    Registered Users Posts: 559 ✭✭✭DB74


    Dinarius wrote: »
    can I bet such that I get my money back in the event of a draw?

    Yes (in a market called "Draw-no-bet") but the odds will be less than in the market where the Draw is a factor so you still can't bet both sides and win


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    #5
    Dinarius
    Registered Users Posts: 3,405 ✭✭✭Dinarius


    Understood.

    Looking at Paddy Power and Boylesports right now, with an account with each, you could almost break even - but not quite - for Arsenal vs. Besiktas with a Draw-no-bet.

    Too good to be true.

    Thanks.

    D.


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