"SCALPING"

[OLD MAN]

NEED MATH FORMULA FOR SCALPING......THANKS

[ShiftySheik]

This works for me. If your first bet was on the favorite, (Amt LAID on fave) / Dog Line = Amt to bet on dog to get free shot on fave. If your first bet was on the dog, (Amt you will WIN on Dog) / Fave Line = Amt to bet on fave to get free shot on fave. Adjust your second bet slightly depending on which side you like. This formula does not apply if you get + prices on both sides.

[Sharpie]

What eactly is SCALPING???

[Jeff]

Sharpie, an example of scalping would be to wager on the fav at say, -140 and the dog in the same game at say,+150.......

If you wagered 1400 to win 1000 on the fav and 1000 to win 1500 on the dog, you win $100 if the dog wins and lose nothing if the (and win nothing) if the fav wins.

The formula old man is asking for would allow you to bet an amount on both sides, so that no matter which side wins, you make a profit.

[j]

Old Man,

I asked the same question a couple of months ago and got flamed to the moon for being stupid. One good soul though (sorry I can't remember who it was to thank him again) did post what I was looking for. Here was his answer:

Freak and 'j' posed questions about scalping. 'j' asked what to do if team A was -125, team B was +130 and he had $1000 to wager.

To get the general result you have to set it up algebraically.

Let F be the amount you are going to wager on the favourite and let D be the amount you are
going to wager on the dog. Let f be the payoff on the favourite and let d be the payoff on the dog. By payoff I mean for example that if you are betting the favourite at -125 then you lay 125 to win 100 and the payoff will be 225 / 125 or 1.8 dollars per dollar bet.

If the favourite wins you want your profit on the favourite to cover your loss on the dog and vice versa. The optimal result is for your profit to be the same no matter what happens.

The equations you have to solve are:

F + D = 1000
Ff = Dd

Solving you get

D = 1000 * f / ( f + d )
F = 1000 * d / ( f + d )

Using 'j's numbers you get:

f = 225 / 125 = 1.8
d = 230 / 100 = 2.3
f + d = 1.8 + 2.3 = 4.1

D = 439 (rounded off to nearest dollar)

[So:] F = 561

You can check the result. If the favourite wins the profit is Ff or 1009.80 If the dog wins the profit is Dd or 1009.70 In both cases you've turned a profit albeit not a huge one.

[ShiftySheik]

Could that formula be revised to show how much to buy back on the other side after you already have x dollars bet on one side? Any help from a mathamatician would be appreciated.

[wintermute]

Shifty

All you need is the formula Ff = Dd

Following up on the previous example where f = 1.8 and d = 2.3, assume that you've bet 500 on the favourite so F = 500.

Then the amount of money you should bet on the dog is

D = Ff divided by d

or 500 times 1.8 divided by 2.3 = 391.30

If you've bet on the dog then the amount to bet on the favourite is

Dd divided by f


'mute

[Jeff]

Shifty....no need for mathematicians and forumlas.......Pick up Huey Mahls books crossbet and crossbet II.....aside from explaining the formulas, there are also some charts in the books for quick reference.

If you can't get the books I may be able to fax them to you...the charts that is...

There's also a guy who has made some charts similar to the ones in the book.....I'm sure he wouldn't mind faxing them over to you either......let me know via email......

[BARNEY]

Jeff, If you could would you send me the charts?

[Jeff]

I posted an example of the charts at the following url for those interested.....

http://www.bettorsworld.com/oddswiz/crossbet.html

[ShiftySheik]

Thank 'mute, That's exactly what I was looking for.

[AussieVamp2]

and another one

[reno]

Guys, save yourself a lot of hassles and just leave your scalp money on the dogs. In the long run you'll come out slightly ahead and you won't stress your brain cells with complicated calculations that enable you to perfectly divide your scalps to the last penny.

[Ronbets]

Also, its not very smart to confuse some less than seasoned clerks at crunch time. Especially when you run the risk of getting shut out. Heaven forbid, you might have to gamble.:}

[AussieVamp2]

gamble? that would be tragic

and is it more stressful than mental arithmetic?