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New bettor question: NHL Western Conference Futures

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    New bettor question: NHL Western Conference Futures

    Hi there, I'm new to sports betting and need some advice on a potential bet. I am interested in betting on Detroit to win the NHL Western Conference outcome. I also will make an insurance bet on Dallas. Specifically, I can get 9-4 odds on Detroit, and 3-1 odds on Dallas. So, if I bet $100 on Detroit and $33 on Dallas, I should come out with $146 profit if Detroit wins or break even if Dallas wins. And, if neither win, I lose it all. Can anyone inform me if there is a problem with my numbers or logic?

    #2
    A question just occurred to me. When a bookie allows you to bet on "2006 NHL WESTERN CONFERENCE", would that refer to the regular season winner, or the playoff western conference winner?

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      #3
      You would need to check the rules of the individual bookie to find out under which circumstance they are paying.

      As for dutching 2 teams (betting on both to get a profit), $73 on Detroit and $60 on Dallas guarantees you $100 if 1 of the sides wins.

      In your example,

      Staked $133
      Detroit 100 @ 3.25 = $325
      Dallas 33 @ 4.00 = $132

      Dallas wins = you lose $1
      Detroit wins = you win $192

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