Advice

How To Calculate Permed Bets

(Last Updated On: October 14, 2013)

Last week we suggested a betting structure based on permutating a large number of selections into groups to reduce the staking expenses. Subsequently we have been asked to show an accurate way of calculating the returns, which we are more than happy to do and will use the basis of last week’s article regarding teams that draw away from home as an example.

We advocated that the selections be divided into three groups of four matches each, with the instruction that we were perming any one from four in each group. A total of (4x4x4) 64 bets.

The teams that drew are highlighted in bold with the odds for the draw alongside.

How To Calculate Permed Bets 1Fulham v Manchester City

Blackpool v Crystal Palace (5/2)

Queens Park Rangers v Swansea City (9/4)

Stockport v Brentford

How To Calculate Permed Bets 2MK Dons v Southampton

Walsall v Colchester

Oldham v Brighton

Southend v Carlisle (9/4)

How To Calculate Permed Bets 3Leeds v Millwall

Northampton v Morecambe

Cheltenham v Port Vale (5/2)

Dagenham & Redbridge v Macclesfield

The most accurate way to settle this bet is to take your unit stake (we will use £1) and calculate each of the winning selections in group one as singles. Ie £1 @ 5/2 = £3.50 & £1 @ 9/4 = £3.25.

Now add the two returns together (£6.75) and apply this figure to the winning selection(s) in group two (£6.75 @ 9/4 = £21.94).

Repeat the process for group three, and the total return is (£21.94 @ 5/2) £76.79.

Note: If there had been two or more winning selections in group 3 (for example), the calculation would have been ([£21.94 @ price 1] + [£21.94 @ price 2] + [£21.94 @ price 3]).

This only represents a profit of £12.79 on the bet based on last weekends results, but a system needs to be watched over a period of time to judge whether the returns are viable – indeed, to ascertain if any system works.

Therefore, using the “away score distribution” table on www.statto.com as demonstrated last week, the twelve games next weekend with the highest potential for draws are as follow:-

How To Calculate Permed Bets 1Prem: Chelsea v Villa (Villa´s away draw % = 36% – Av. odds for a draw =3/1)

Prem: Hull City v Fulham (40% – 12/5)

Prem: West Ham United v Stoke City (50% – 11/5)

Champ: Peterborough v Bristol City (37% – 12/5)

How To Calculate Permed Bets 2Champ: Plymouth v Blackpool (37% – 12/5)

Champ: Newcastle v Nottingham Forest (Play on Monday – 50% – 9/4)

League 1: Colchester v Wycombe (37% – 11/4)

League 1: Huddersfield v Charlton (37% – 9/4)

How To Calculate Permed Bets 3League 2: Bradford v Dagenham & Redbridge (44% – 12/5)

League 2: Macclesfield v Cheltenham Town (44% – 5/2)

League 2: Morecombe v Torquay (44% – 5/2)

League 2: Rochdale v Grimsby (44% – 3/1)

If you have any questions regarding this type of betting pattern, or systems that can be used to take advantage of it, please do not hesitate to make a comment.

How To Calculate Permed Bets 7European Champions League Update

In our most recent Champions League preview, we introduced spread betting for sporting events, and highlighted the Chelsea v Inter Milan tie as an example. Subsequent to Inter Milan progressing through to the quarterfinal stage, the spread has now changed to Buy 60 – Sell 57. This means that if you bought Inter Milan at “31” before the Chelsea match, you could sell now at “57” and make an instant 26x your stake value. The alternative to this would be to keep your trade until after the tie against CSKA Moscow when there are four possible scenarios (assuming you bought at “31”).

Inter Milan lose in the quarterfinals = 25 points. You would lose 6x your unit stake

Inter Milan are beaten in the semi-finals = 50 points. You win 19x your unit stake

Inter Milan are the beaten finalists = 75 points. You win 44x your unit stake

Inter Milan win the Champions League = 100 points. You win 69x your unit stake

Again, if you have any questions regarding spread betting, please let us know.

Michael Wilding

Michael started the Race Advisor in 2009 to help bettors become long-term profitable. After writing hundreds of articles I started to build software that contained my personal ratings. The Race Advisor has more factors for UK horse racing than any other site, and we pride ourselves on creating tools and strategies that are unique, and allow you to make a long-term profit without the need for tipsters. You can also check out my personal blog or my personal Instagram account.

2 Comments

  1. “perm betting” what do I ask for if I want to bet on 6 races one horse per race with winnings arising if any horse wins, a double if two horses win etc…in other words 63 bets consisting of 6 single bets, 15 doubles, 20 trebles, 15 quadruples, 6quintuples, and 1 accumulator (all six win)?

    1. Hi Tony,

      You need to ask for a Lucky 63.

      Let me know if you need to know how this bet is worked out. For any returns I would use this site – http://www.free-bet-calculator.co.uk/

      Simply enter your prices and the calculator will tell you the winnings.

      Hope that helps and let me know if you have any further questions.

      Regards,

      Eddie

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