Homer_Rice Posted May 17 Report Share Posted May 17 Been mulling this over for a week or so as I thought about the schedule. I've decided to bet $100 per game on the Bengals this year. It's mostly a lark, but I'm kind of curious as to how a series of bets would play out over a whole year. My plan is to bet $50 on the money line and $50 on the spread. But I'd like to do it all soon and not have to wait for each week. I don't know squat about betting sports (except billiards) and was wondering what you all think and recommend. Can I just walk into Red Mile here in Lexington and do it all in one swoop? Their sportsbook is Caesar's but googling does not answer my newbie question. I'd prefer not to do this online, but I'm wanting advice. I'm thinking I'll at least break even over the course of a season; hoping to win enough to feed the cat for a while! 1 Quote Link to comment Share on other sites More sharing options...
Cricket Posted May 17 Report Share Posted May 17 40 minutes ago, Homer_Rice said: Been mulling this over for a week or so as I thought about the schedule. I've decided to bet $100 per game on the Bengals this year. It's mostly a lark, but I'm kind of curious as to how a series of bets would play out over a whole year. My plan is to bet $50 on the money line and $50 on the spread. But I'd like to do it all soon and not have to wait for each week. I don't know squat about betting sports (except billiards) and was wondering what you all think and recommend. Can I just walk into Red Mile here in Lexington and do it all in one swoop? Their sportsbook is Caesar's but googling does not answer my newbie question. I'd prefer not to do this online, but I'm wanting advice. I'm thinking I'll at least break even over the course of a season; hoping to win enough to feed the cat for a while! Your cat says he can eat well with the original $1700. 🐱 2 1 Quote Link to comment Share on other sites More sharing options...
Catfish Bob Posted May 17 Report Share Posted May 17 Terrible idea. Not enough time to explain. If u want to be early bey the division conference super bowl futures not single game odds for months out. Quote Link to comment Share on other sites More sharing options...
|BlackJesus| Posted May 17 Report Share Posted May 17 🤔 I wouldn't place bets this far in advance on individual weekly games as injuries can drastically shift the probabilities. The only thing I would bet this far in advance on is something like overall team win total, Burrow winning MVP, Bengals winning the AFC North, or Super Bowl etc. You can get really good payouts for those things right now. But not after the Bengals start out 6-0 for instance. Quote Link to comment Share on other sites More sharing options...
|BlackJesus| Posted May 17 Report Share Posted May 17 If your take the Bengals to win the Super Bowl right now at +1400, then the payout on your $1,700 bet would be $23,800. That would buy a lot of cat food. 😺 But I would only bet something this unlikely (relatively speaking) if you can afford to lose the money and not be in a bind. Quote Link to comment Share on other sites More sharing options...
Catfish Bob Posted May 17 Report Share Posted May 17 This is why gambling should still be illegal 1 Quote Link to comment Share on other sites More sharing options...
Homer_Rice Posted May 17 Author Report Share Posted May 17 2 hours ago, Cricket said: Your cat says he can eat well with the original $1700. 🐱 Looks like my old pal, Alexander. R.I.P. buddy! 2 2 Quote Link to comment Share on other sites More sharing options...
Homer_Rice Posted May 17 Author Report Share Posted May 17 I appreciate the thoughts but I need to clarify. I'm a Bengals fan, not a gambler. Not really interested in maximizing my returns, I'm more interested in seeing how such a series of bets will play out. And I didn't say, but I also included post-season bets in my thinking, too. Now, I think what I am going to do is just stop on by the racetrack, which has a sportsbook, and just flop down bucks on just the money line. Bengals, do or die, fuck the odds. What I was curious about was whether anyone knew if it were possible to lay all the bets in one take, as I don't want to do this online, nor do I want to hang out in a betting parlor week after week. Quote Link to comment Share on other sites More sharing options...
Homer_Rice Posted May 17 Author Report Share Posted May 17 42 minutes ago, Catfish Bob said: This is why gambling should still be illegal Dude, the day I start taking you seriously will be the day after I die. 1 Quote Link to comment Share on other sites More sharing options...
Catfish Bob Posted May 17 Report Share Posted May 17 15 minutes ago, Homer_Rice said: Dude, the day I start taking you seriously will be the day after I die. Bro look your goofy bet strategy. Thank God you don't take me seriously. You have no idea why I say it's a bad idea. Lol. You probably think injuries or something but that's not even close. You don't know what you're doing but I'll explain in a few. 1 Quote Link to comment Share on other sites More sharing options...
Catfish Bob Posted May 17 Report Share Posted May 17 I try to keep this as short and simple as possible but here is how you can really screw yourself betting like that. Example Bengals play the Gremlins mid season. Before the season starts the lines are Bengals -6 Bengals ML -150 By the time the game rolls around the Gremlins are undefeated and the Bengals are average at best. At this time the lines are Gremlins -9 Bengals +8 -150 Bengals ML +300 The Bengals win the game by one point. You lose your spread bet of -6 and your ML bet pays out a whopping $25. So you lost $25. You turned $100 into $75. If you would've just waited and took the Bengals +8 -150 with ML +300 Your $100 bet of $50 on the spread and money line would pay out $225. 2 Quote Link to comment Share on other sites More sharing options...
esjbh2 Posted May 17 Report Share Posted May 17 I bet on Bengals games frequently. Not a fan of your strategy as others have said, but I'm not totally against it either...it's kind of an intriguing concept really. Can't wait to hear Catfish's explanation...should be entertaining as he always is. The one thing I will say is that betting on Bengals games as a fan really changes the dynamic of watching the game. Some for good, but also for bad. If you're a fan who has his weekend or days after ruined after a Bengals loss, then it makes it 100x times worse. If you're a "nervous nelly" type while watching the games already, it will also intensify that. I try to keep things more casual and try to adopt more of a "it's just a silly game" attitude, but that's tough when you're a big fan. FWIW, I don't usually bet until shortly before the game...and I usually bet with parlays that include individual players performance goals...I'd like to think that being a devoted fan and catching up on all things Bengals during the week, gives me an advantage over the average bettor in terms of who's hot, who's due for a big game, who's still working out a nagging injury, how do the opponent match-ups look, how do the two teams match-up in general, etc, etc. Just my 2 cents. I've always bet online...but mostly due to the signup perks...many places give you free bonus bets...as much as $200...just for signing up and depositing then betting a very modest amount (~$20). I also seem to get occasional bonus bets from time to time...usually only $5 or $10...but those amounts are fun for me to put on high risk/high reward single and parlay bets to make things interesting...they almost always lose, but hey, it's free money. Betting should be illegal...but only for some people...only those who don't realize that losing occurs more than winning...those who don't have the disposable income to lose...those who have addiction concerns. Everything in moderation. Set REASONABLE limits well in advance. For example, I've never bet more than $50 on ANYTHING because that's my limit per bet. I don't consider myself a "gambler"...but I guess even addicts say that. Enjoy! 1 Quote Link to comment Share on other sites More sharing options...
esjbh2 Posted May 17 Report Share Posted May 17 4 minutes ago, Catfish Bob said: I try to keep this as short and simple as possible but here is how you can really screw yourself betting like that. Example Bengals play the Gremlins mid season. Before the season starts the lines are Bengals -6 Bengals ML -150 By the time the game rolls around the Gremlins are undefeated and the Bengals are average at best. At this time the lines are Gremlins -9 Bengals +8 -150 Bengals ML +300 The Bengals win the game by one point. You lose your spread bet of -6 and your ML bet pays out a whopping $25. So you lost $25. You turned $100 into $75. If you would've just waited and took the Bengals +8 -150 with ML +300 Your $100 bet of $50 on the spread and money line would pay out $225. ...and of course, the opposite could be true...just sayin'...that' what makes futures/speculation interesting. Again, assuming you have the disposable income and consider your bet a loss from day 1. Quote Link to comment Share on other sites More sharing options...
Catfish Bob Posted May 17 Report Share Posted May 17 5 minutes ago, esjbh2 said: ...and of course, the opposite could be true...just sayin'...that' what makes futures/speculation interesting. Again, assuming you have the disposable income and consider your bet a loss from day 1. Futures bets are total wins/loses, Division outcomes conference outcomes super bowl outcomes. Futures are not betting single games in the future. Futures bets payout massive. Single game bets not so much. 1 Quote Link to comment Share on other sites More sharing options...
Catfish Bob Posted May 17 Report Share Posted May 17 There's my good deed for the day. To each their own. If you do go through with that might as make it a even $2k and do the preseason games as well. lol 1 Quote Link to comment Share on other sites More sharing options...
esjbh2 Posted May 17 Report Share Posted May 17 43 minutes ago, Catfish Bob said: Futures bets are total wins/loses, Division outcomes conference outcomes super bowl outcomes. Futures are not betting single games in the future. Futures bets payout massive. Single game bets not so much. You mistook my usage of "futures" for a betting term...I was referring to the more general definition of "something happening in the future", hence the inclusion "speculation". I'm more of a wall street guy (another form of betting I suppose) so excuse my ignorance on formal gambling terms, although I do know what "Futures" means in betting lore also since I have several bets on Bengals Futures (Super Bowl, AFN Champs, Burrow MVP, Bengals making the playoffs, etc). BTW, they aren't always massive payouts, e.g. the "Bengals Making the Playoffs" futures bet is lower than most individual games. Anyway, you seem like an experienced gambler, i.e. someone who does it for income. That's NOT me. Good luck! 1 1 Quote Link to comment Share on other sites More sharing options...
Cricket Posted May 17 Report Share Posted May 17 1 hour ago, Homer_Rice said: Looks like my old pal, Alexander. R.I.P. buddy! This is our first Tuxedo cat…so I don’t know if his behavior is common in Tuxedo cats, or if he is just “different“. He is FULL of personality and plays hard…and then sleeps hard. 2 3 Quote Link to comment Share on other sites More sharing options...
Catfish Bob Posted May 17 Report Share Posted May 17 1 hour ago, esjbh2 said: You mistook my usage of "futures" for a betting term...I was referring to the more general definition of "something happening in the future", hence the inclusion "speculation". I'm more of a wall street guy (another form of betting I suppose) so excuse my ignorance on formal gambling terms, although I do know what "Futures" means in betting lore also since I have several bets on Bengals Futures (Super Bowl, AFN Champs, Burrow MVP, Bengals making the playoffs, etc). BTW, they aren't always massive payouts, e.g. the "Bengals Making the Playoffs" futures bet is lower than most individual games. Anyway, you seem like an experienced gambler, i.e. someone who does it for income. That's NOT me. Good luck! I wouldn't refer to myself as a wall street guy but I am a investor. Believe it or not I am actually the fcking VP of a small investment company here in Louisville. lol Been fascinated with sports betting since I was a kid. IDK what got me into it other than I like numbers and math. Plus back then we'd get the Sunday paper and the first thing I would look to see is if the Bengals were favorite or not. I think back then that they darn near listed the lines every single day in the Courier Journal. They had a great sports page. They covered the Reds Bengals and Colts like they were our own hometown teams. UC basketball and IU (Indiana) basketball as well. I do not gamble for income. That is pretty much impossible. Especially when you got guys just laying down on the three yard line instead of going into the end zone. "to waste time" they claim 1 Quote Link to comment Share on other sites More sharing options...
T-Dub Posted May 17 Report Share Posted May 17 As Bob pointed out, why not place the bets as close to kickoff as you can manage? Better value. That aside I support this becoming a cat thread. 3 Quote Link to comment Share on other sites More sharing options...
Griever Posted May 17 Report Share Posted May 17 21 minutes ago, T-Dub said: As Bob pointed out, why not place the bets as close to kickoff as you can manage? Better value. That aside I support this becoming a cat thread. Say no more This is Maverick 4 Quote Link to comment Share on other sites More sharing options...
Catfish Bob Posted May 18 Report Share Posted May 18 6 hours ago, Catfish Bob said: Example Bengals play the Gremlins mid season. Before the season starts the lines are Bengals -6 Bengals ML -150 By the time the game rolls around the Gremlins are undefeated and the Bengals are average at best. At this time the lines are Gremlins -9 Bengals +8 -150 Bengals ML +300 The Bengals win the game by one point. You lose your spread bet of -6 and your ML bet pays out a whopping $25. So you lost $25. You turned $100 into $75. If you would've just waited and took the Bengals +8 -150 with ML +300 Your $100 bet of $50 on the spread and money line would pay out $225. Yes the opposite could happen. But also in this scenario if the Bengals lose by one point you lose the whole $100. Versus had you waited you would have at least hit that spread and got something back instead of nothing. If one wants to bet out into the future it is by far more efficient to use the actual futures bets. Because they pay out way more according to the odds. You're better off making $1700 in $5 futures bets on how many wins or loses they will have and so on. If you just hit a small handful of those bets it will most likely put you in the profit. When one bets into the future on single game lines the person is stacking the odds against themselves immensely without any significant reward for the risk 1 Quote Link to comment Share on other sites More sharing options...
Le Tigre Posted May 18 Report Share Posted May 18 Since it’s kinda sorta a cat thread 3 2 Quote Link to comment Share on other sites More sharing options...
Homer_Rice Posted May 19 Author Report Share Posted May 19 On 5/17/2024 at 3:22 PM, esjbh2 said: I bet on Bengals games frequently. Not a fan of your strategy as others have said, but I'm not totally against it either...it's kind of an intriguing concept really. ... Enjoy! I agree, and contrary to what some bozos think, I do understand odds, etc. I just don't understand how casinos and sportsbooks work. Most I've ever done in that regard is drop about $40 in slot machines at Foxwoods with my then gal. And that was back in the 90s. To me, this isn't an effort at gambling, per se. It's more of a solidarity thing with the team. And, after reading all the comments, I've decided to stick with my original thought, which is to simple bet $100 per game for the Bengals to win. I don't want to make money off the Bengals, I want to make money with the Bengals (or lose, according to how they play.) At the end of the year, we'll see how things shake out. Quote Link to comment Share on other sites More sharing options...
Homer_Rice Posted May 19 Author Report Share Posted May 19 Now, for the important part--cat pics! All three have passed away, sadly. Alexander, the tuxedo, was a chunky little bugger who had diabetes. Had to give him a shot twice a day. He took it like the trooper he was. The gray and white, Precious, was my 2nd favorite cat of all time. She died around the time Covid hit. I took her death pretty hard. The white cat in the background, Molly, was a sweet little girl to humans, but was the alpha among the cats. She Took No Shit. I miss them all. Now I have a void, Biggity-Boy, who is 12 and beginning to slow down a little. Likes to sleep in my lap, sometimes in my armpit. Sorry, no pic of him. 2 3 Quote Link to comment Share on other sites More sharing options...
Cricket Posted May 19 Report Share Posted May 19 Tillie (longhair) and Freddie (Tuxedo). 2 2 Quote Link to comment Share on other sites More sharing options...
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