Can someone please explain how fold bets work?
Say I want to bet on picking 7 out of 9 winners this week in the AFL (any 7 of the 9 winning teams).
If I select my 9 winners and then place a 7-fold bet on those 9 winners does that cover what I am trying to achieve?
Is it the same as putting 36 individual bets on that cover the 36 different combinations of picking 7/9?
Fold Bets
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Re: Fold Bets
by stampy » Thu Apr 25, 2013 12:00 pm
where can you have these fold bets oh wooly one?
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Re: Fold Bets
by wooly » Thu Apr 25, 2013 12:38 pm
OK here goes, 7 fold on the following. Straight out H2H.
Brisbane
Fremantle
Carlton
Gold Coast
West Coast
Hawthorn
Geelong
Collingwood
Sydney
1 unit = $36.00
Potential return $320, that's if all 9 get up.
Brisbane
Fremantle
Carlton
Gold Coast
West Coast
Hawthorn
Geelong
Collingwood
Sydney
1 unit = $36.00
Potential return $320, that's if all 9 get up.
Re: Fold Bets
by mighty_tiger_79 » Thu Apr 25, 2013 12:57 pm
stampy wrote:where can you have these fold bets oh wooly one?
i reckon centrebet do these also
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Re: Fold Bets
by daysofourlives » Sun Apr 28, 2013 1:59 pm
wooly wrote:OK here goes, 7 fold on the following. Straight out H2H.
Brisbane
Fremantle
Carlton
Gold Coast
West Coast
Hawthorn
Geelong
Collingwood
Sydney
1 unit = $36.00
Potential return $320, that's if all 9 get up.
Whats the return if 7 get up?
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Re: Fold Bets
by Trader » Mon Apr 29, 2013 11:00 am
daysofourlives wrote:wooly wrote:OK here goes, 7 fold on the following. Straight out H2H.
Brisbane
Fremantle
Carlton
Gold Coast
West Coast
Hawthorn
Geelong
Collingwood
Sydney
1 unit = $36.00
Potential return $320, that's if all 9 get up.
Whats the return if 7 get up?
I'd assume the return changes based on which 7 get up.
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Re: Fold Bets
by wooly » Mon Apr 29, 2013 1:29 pm
wooly wrote:OK here goes, 7 fold on the following. Straight out H2H.
Brisbane
Fremantle
Carlton
Gold Coast
West Coast
Hawthorn
Geelong
Collingwood
Sydney
1 unit = $36.00
Potential return $320, that's if all 9 get up.
7/9 - $5.28 Return
So not a real smart investment.... obviously if only 7 of the 9 get up then only 1 of the 36 bets is going to pay out. If 8/9 get up then 8 of the 36 bets will pay and if 9/9 get up then all 36 bets will pay.
So unless you look for something with longer odds, then you're better off just trying to back the 9 winners.
Re: Fold Bets
by mighty_tiger_79 » Mon Apr 29, 2013 2:50 pm
why not pick the teams that look like winning as an anchor to the multi
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