Risk / Return, College Football.
Risk and Return for college football betting. If I could I'd run a Monte Carlo Simulation on it.
To lower risk.
Dollar Team
10 - 4
10 - 4
10 - 4
10 - 4
10 - 4
10 - 4
10 - 4
10 - 4
10 - 4
10 - 4
What these numbers represent is the Dollar amount and team amount parlay.
You have 10 parlay of 4 teams betting 10$ for each.
You only have to win one to make your money back.
1 out of 10 = 100$
2 out of 10 = 200$
3 out of 10 = 300$
4 out of 10 = 400$
5 out of 10 = 500$
6 out of 10 = 600$
The more games you play the better chance you have for winning.
Here are other ways to look at it.
100$ for one game w/or w/o the spread is a 50/50 chance.
100$ for a 4 team parlay you have 10:1 odds
10$ for 10 seperate - 4 team parlay you have 100:10 odds
Depending on how you allocate your money and adjust the risk/return ratio, you can profit every week in college football.
Personally, I usually don't have the money when I bet, so I pick up to 6 teams after hours and hours of Analytical work, I can safely say that I've been 60% and better week after week.
Simple Monte Carlo Sim. using 3 calculations for Risk/Return. I do millions of calculations.
You bet on 6 single teams w/ or w/o spreads
Teams,$, Odds, Variable,Y,N
1 - 100 50/50 Y N Y
2 - 100 50/50 N Y Y
3 - 100 50/50 Y N N
4 - 100 50/50 Y Y Y
5 - 100 50/50 N Y Y
6 - 100 50/50 Y N N
4 out of 6 3 out of 6 4 out of 6
The chances or the odds are 50/50 for each game, so if you do your homework, you should be able to make 50/50 each week or 60%+.
I look at every aspect of making money, poker, betting, stock market, private investing.. Or whatever doesn't have odds, I'll make the odds and we will bet. A-ka-pee-tow .