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Richi · 09-04-2006, 05:18 AM

What is the point of betting on something that has 1/1 odds? At best, you get your own money back.

negaDuck · 09-04-2006, 05:41 AM

Well, no. If you bet on something with one to one odds (as is usually tha case with a point spread bet) then you get back your bet, plus a matching win...i.e.: if you bet 100 on Pittsburgh and they win, plus cover tha spread, you will receive 200 in return.

If you bet on a 1/2, then you would recieve 100 for every 200 you put in. A 6/5 bet would net you 600 for every 500 you put in and so on/so forth. I will not(could not?) put up a bet that wouldn't allow you to actually win anything...what's tha point in that??

Richi · 09-04-2006, 03:51 PM

Ohhkay so this means....

Quote:

Bengals @ Colts 9-1-06
Thread | Info NFL Cincinnati Bengals | (-1) | SETTLED | 20 | 1/1 (1.00) | 20
..................................This being the amount I staked.^....and won......^

That I spent 20, made that 20 back, and then won 20 more right?

negaDuck · 09-04-2006, 07:31 PM

correct. You put in twenty, you take out forty

09-04-2006, 05:18 AM	#1
Richi Modern Day Psychonaut Join Date: Dec 2004 Posts: 1,936 Grams: 6,743.83 Groans: 4 Groaned at 2 Times in 2 Posts Thanks: 862 Thanked 881 Times in 305 Posts Stock Portfolio Total Value: 0.000 Gain/Loss: -1.000%	1/1 Odds? What is the point of betting on something that has 1/1 odds? At best, you get your own money back. __________________ 1000 things to do while stoned, and more... ...From The Lounge.....

09-04-2006, 05:41 AM	#2
negaDuck By Any Means Necessary Join Date: Dec 2005 Posts: 2,338 Grams: 15,372.89 Groans: 9 Groaned at 3 Times in 3 Posts Thanks: 560 Thanked 531 Times in 244 Posts Stock Portfolio Total Value: 0.000 Gain/Loss: 0.000%	Well, no. If you bet on something with one to one odds (as is usually tha case with a point spread bet) then you get back your bet, plus a matching win...i.e.: if you bet 100 on Pittsburgh and they win, plus cover tha spread, you will receive 200 in return. If you bet on a 1/2, then you would recieve 100 for every 200 you put in. A 6/5 bet would net you 600 for every 500 you put in and so on/so forth. I will not(could not?) put up a bet that wouldn't allow you to actually win anything...what's tha point in that?? __________________ Tha bigger they were tha harder they fell

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09-04-2006, 07:31 PM	#4
negaDuck By Any Means Necessary Join Date: Dec 2005 Posts: 2,338 Grams: 15,372.89 Groans: 9 Groaned at 3 Times in 3 Posts Thanks: 560 Thanked 531 Times in 244 Posts Stock Portfolio Total Value: 0.000 Gain/Loss: 0.000%	correct. You put in twenty, you take out forty

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