Explain To Me Odds - Topic

CamBoy

Member

Posts: 29,499

Joined: Apr 10 2009

Gold: 1,184.50

#11

Nov 26 2011 07:00am

Quote (Sexuation @ Nov 25 2011 02:45pm)

simple fucking math guys, simple fucking math.

hes not asking about the math, he wants to know how to figure out how much odds to give on s/u bets

ChiefBuzzin

Member

Posts: 9,514

Joined: Jul 30 2010

Gold: 1,542.52

#12

Dec 24 2011 02:15am

Most of these posts are right... but if you have no idea what's going on, they may seem more complicated than they need to be.

In terms of figuring out straight odds, lets say the game is:

12/24 1:00 PM
103 Oakland
104 Kansas City -140

As they said, you'd be betting 140 to win 100.

so in laymen terms, you can move the decimal over two spaces to get the odds. so -140 would be 1.4:1
If the odds were -210 the odds would be 2.1:1

The team with the - is the favorite to win.

ChiefBuzzin

Member

Posts: 9,514

Joined: Jul 30 2010

Gold: 1,542.52

#13

Dec 24 2011 02:25am

Quote (SoulOne @ Nov 3 2011 04:03pm)

2 part Question

A)

okay i see this.
http://www.footballlocks.com/nflodds.shtml

Example:

DATE FAVORITE SPREAD UNDERDG TOTAL MONEY/ODDS
1/6 1:00 ET Atlanta -7 At Indianapolis 44.5 -$340 +$280

1)Now how do you convert that to 1.2:1 or whatever it would be?(looking for the "Equation")?

B )
This i think i understand but lets make sure.

If odds are 1.2:1 (Still using example above)
ATL would give 100
IND would give 120

Correct?

Thank you guys for your help.

In your example, you use -$340 v. +$280.

It's simple math. If you want to find out how to make it ?:1 odds, you just divide both sides by 280 (or w/e the hypothetical # is) to get it = to 1.

So it'd be 1.21428571 etc. to 1 odds.
The only reason they post things like $340 v. $280 is because it's more accurate in terms of determining payouts than a strict 1.2:1 since the numbers are determined by how much people bet.

PM me if you have any questions as far as odds are concerned

This post was edited by ChiefBuzzin on Dec 24 2011 02:26am

Go Back To Sports Coliseum Topic List