Step-by-Step Plan for Re-Investing $50 on FanDuel
1. Single Bets for Safer Returns
Let’s start with two single bets. This reduces the risk compared to a parlay, and single bets can give you steady returns.
Single Bet #1: Tampa Bay Buccaneers vs. Denver Broncos
- Prediction: Tampa Bay Buccaneers to win (Moneyline)
- Odds: -1.60
- Bet: $20
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Potential Payout:
$20 x 1.60 = $32
Single Bet #2: Philadelphia Eagles vs. New Orleans Saints
- Prediction: Philadelphia Eagles to win (Moneyline)
- Odds: -7.60
- Bet: $15
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Potential Payout:
$15 x 1.13 = $16.95
2. Build a Small 2-Leg Parlay for Bigger Returns
Next, let’s take a calculated risk with a 2-leg parlay to boost your potential payout. Here, we’ll focus on two strong teams that are predicted to win with higher probabilities.
2-Leg Parlay: Baltimore Ravens + Detroit Lions
- Baltimore Ravens to beat Dallas Cowboys (Moneyline, Odds: +5.80)
- Detroit Lions to beat Arizona Cardinals (Moneyline, Odds: -0.60)
- Bet: $15
- Combined Odds: +320
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Potential Payout:
$15 x 3.20 = $48
3. Potential Total Profit and Strategy
If these bets hit, here's what your returns could look like:
- Single Bet #1: $32 (Profit: $12)
- Single Bet #2: $16.95 (Profit: $1.95)
- 2-Leg Parlay: $48 (Profit: $33)
Total Profit:
If all bets win, your $50 will turn into $96.95, giving you a profit of $46.95, just shy of what you need to cover your previous loss. From here, you can reinvest some of these winnings to keep building.
Risk Management:
- The single bets are your safe plays to recover some initial capital with lower risk.
- The parlay offers a higher risk but a higher reward to make up for the loss.
FanDuel Tip:
- Watch the odds closely before placing bets – if the odds shift in your favor, it could increase your profit potential.
- Cash-out early: If you’re winning the first part of your parlay, consider using FanDuel’s cash-out feature to lock in profits early.
With this plan, you’ll have a balanced strategy of safer single bets and a riskier parlay, maximizing your chances to make a solid comeback from your initial loss. Let me know how this works for you!
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