Pro Gambler Michael Cash, claims he won 600,000$ on last years tourney. He advises the following.....
Put 100 $ on all 4 #12 seeds (ML) in the first round. At least 1 #12 seed has upset a #5 seed in 11 of the last 12 years. The usual ML bet on a 12 seed is 6:1 or +700.
Using this formula, you're risking 400 $, but just one upset by a #12 seed nets you 300 $. (last year, Gonzaga and Utah St. won as #12 seeds.)
Hedge your bet
Before the start of the tourney, books will be giving at least 3:1 odds on a good team making it to the "sweet 16". (2 wins).....
Put $100 down on your favorite team; all they have to do is win the first game and you've made a profit, guaranteed. After round 1, put $150 on the underdog they're playing in round 2.(plus the points) If the dog pulls the upset...you profit $50. If they lose...you profit $150. The best scenario is when your original team wins the 2nd round game, but does'nt cover the spread. You've just won both bets and netted $450!
March issue of Maxim Magazine.
What are your thoughts? By the way I was kidding about it being Michael Cash if you hadn't already figured that out.
