Margin of victory wagers

[godsfavoritedog]

I usually stick to pointspreads and player props and know nothing about these bets. This may be a dumb question but here goes:

My book has these bets offered-

Louisville to win by 1 to 4 +650
Louisville to win by 5 to 7 +940
Louisville to win by 8 to 10 +1220
Louisville to win by 11 to 13 +1500
Louisville to win by 14 to 16 +1200
Louisville to win by 17 to 19 +1140
Louisville to win by 20 to 23 +900
Louisville to win by > 23? +220

So if you bet 100 bucks each on the first 7, as long as Louisville wins by between 1 and 23, you're a guaranteed winner of anywhere between
50 and 900 bucks. Is this right? Why would I not want to do this? Someone please explain what simple logic I'm missing :shrug: Thanks!

 

[watrdogg]

The game could be a blow out and you lose. Or they could lose the game outright. :scared :scared

 

[treynolds]

yes but why wouldnt you just take the points on a straight bet.
if louisville wins by more than 24 you lose all seven bets

 

[godsfavoritedog]

Yeah, it would definitely be high risk for a (potentially) high reward. Doubt I'll try it.