Friday, September 14, 2007

Week 2 Final Picks

First and foremost are my 5 ★, 4 ★, and 3 ★ picks of the week:

5 ★: CIN -7 over CLE
4 ★: NOR -4 over TAM
3 ★: DAL -4 over MIA

The common theme for these picks is high powered offenses going up against struggling teams with weak quarterbacks and average defenses.

One way I would play these picks out is bet some comfortable (meaning you can stand to lose this amount) amount on CIN -7 AND bet that same amount on a 2-team parlay on NOR and DAL. A parlay bet is when you wager on two or more events and you must win each event to win that bet. It's tougher to win but with two teams it's doable and the payment is of course higher.

Say you bet $50 on each of those bets at Bodog. If CIN covers the 7 points, you profit $45.45 and are returned your $50 and the profit for a net of $95.45. Now if the parlay loses you lose the $50 you bet on it but in reality you only lost $4.55 since you won the CIN bet ($45.45 - $50 = -$4.55) . The best case scenario is of course if you win both bets. In that case your $50 wagered on the parlay gives you a profit of $140.59 for a net of $190.59. Combine that with the $95.45 from the CIN bet and you have a total of $286.04 for risking $100. But the very worst case is that you miss both bets and lose $100. Thus you should be comfortable with the possibility of losing some set amount of money.

Check out my spreadsheet for all my picks:

NFL Week 2 Picks

Next week I'll try and get these final picks out by Thursday afternoon.

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