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d2jsp Forums > Off-Topic > Sports Coliseum > Martial Arts, Boxing & Wrestling > My 5k Covington Your 3k Masvidal
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Mar 4 2022 06:57pm
First person to take the bet, its on.
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Mar 4 2022 07:04pm
Covington is close to -300 odds meaning you would need to wager 9k to win 3k

Gl
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Mar 5 2022 01:11am
Quote (Stealth_Demon @ 4 Mar 2022 17:04)
Covington is close to -300 odds meaning you would need to wager 9k to win 3k

Gl


Actually, you need to factor both numbers when eliminating the house odds.

My random search shows currently -335 / +260.

betting "100 dollars" on the underdog would net you 260 dollars, whereas, you'd need to bet 335 dollars on the favorite to win 100 dollars. In order to eliminate the house odds, you average the two. You still came up with the correct 3:1 odds, but you do need to factor the underdog position as well.
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Mar 5 2022 01:13am
Quote (Cascadian @ Mar 5 2022 01:11am)
Actually, you need to factor both numbers when eliminating the house odds.

My random search shows currently -335 / +260.

betting "100 dollars" on the underdog would net you 260 dollars, whereas, you'd need to bet 335 dollars on the favorite to win 100 dollars. In order to eliminate the house odds, you average the two. You still came up with the correct 3:1 odds, but you do need to factor the underdog position as well.


bro, stealth knows what he's doing... nn to take him to school... if anything it's the other way around...
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Mar 5 2022 01:20am
Quote (TODDZI11A @ 4 Mar 2022 23:13)
bro, stealth knows what he's doing... nn to take him to school... if anything it's the other way around...


I mean no offense. Its a common mistake as it is not an intuitive system designed to help people. Bookies work their magic to exploit <3 regardless of our experience level, we are never to mature to learn.
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Mar 5 2022 04:51pm
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