Suppose You Bet on UNC to Win the National Championship...

[What Would Jesus Do?]

Suppose you bet on them every year since Roy got here, placing a $20 bet at the best odds you could get in September (or shortly before each season starts). You had 3 wins in 14 years. How did you do?

 

[RoseHeel]

I'd need to know the odds before I know how well I'd do.

 

[imajericho]

I see no scenario where you are not ahead. You probably had 7/10:1 oddish odds last year. 2005 had to of had decently high odds. 2009 would have been the lowest odds. But, you just have to average out to 5:1 odds to make a profit and not very often are odds lower than 5:1

 

[UNC-75]

So what you are saying is I should have put a million dollar bet each year for the past 14 years. That means I essentially would be having someone else type this message while I sit on my recently purchased island drinking something with an umbrella in it.

 

[CTTarHeels23]

In 2009 before the season started in November I got 7 to 1 odds via Bo-Dog.net for those that remember that website. I put down $200 and got $1400!

 

[TarHeelMark]

A quick search turned up the following...

05: 10-1 odds. ($200)
09: 3-1 odds. ($60)
17: 16-1 odds ($320)

$580 winnings - $280 = $300

Or UNC-75's plan would have put you $15M ahead!

ETA: that was just a quick search, so as CTT mentions above, I'm sure you could've gotten better odds. Either way, if I had the guts to bet big bucks I'd be sitting pretty right now.

 

[Hark_The_Sound_2010]

I got them at 15-1 in September last year for $20 which returned $300.

I think I've bet them every year since 2012 at various odds, so I'm ahead so far.