Quick question for you Gamblers
If I am looking to bet on a fight and the odds are as follows:
Fighter A -250 : Fighter B +300
Does this mean if I bet on Fighter A, I would need to put $250 down to win $100? Assuming Fighter A wins the fight of course. Also, if I bet $100 of Fighter B and he wins then I win $300, correct?
Thanks
Fighter A -250 : Fighter B +300
Does this mean if I bet on Fighter A, I would need to put $250 down to win $100? Assuming Fighter A wins the fight of course. Also, if I bet $100 of Fighter B and he wins then I win $300, correct?
Thanks
It means that if u put a $100 down on fighter A, if he losses u pay 250 n if he wins u just win a hundred.... N if u put $100 on fighter B if he wins u win 300 n if he lose then u only lost 100...
That's how i know from my bookie... Btw who u betting on, I might a have tip for u lol
That's how i know from my bookie... Btw who u betting on, I might a have tip for u lol
Originally Posted by hatchonarun,Sep 9 2009, 03:54 PM
It means that if u put a $100 down on fighter A, if he losses u pay 250 n if he wins u just win a hundred.... N if u put $100 on fighter B if he wins u win 300 n if he lose then u only lost 100...
That's how i know from my bookie... Btw who u betting on, I might a have tip for u lol
That's how i know from my bookie... Btw who u betting on, I might a have tip for u lol
Originally Posted by Soul Coughing,Sep 9 2009, 05:31 PM
This makes no sense to me from a rational perspective, or is this just a 'hypothetical' situation?. Why would you ever put money down on player A, if the guaranteed highest amount you'll win back is the same you put in, yet the worst outcome is you owe some sketchy bookie money? With that thought process, wouldn't you put money down on player B, every time, no matter what the outcome?(considering there is no option C, which is to not gamble at all...)
I would never put down $100 if I knew there was a possibilty I would lose more than I put down. The only way I can see that you owing more than you put down is if you borrowed in order to place a bet.
BTW, I was thinking about putting $100 down on Shane Carwin for his fight against Lesnar at UFC 106.
EDIT: I found the definition....I was right.
A money line, used in MMA, Boxing,Baseball and Hockey, takes the place of a point spread.
Money line betting is simply wagering on the contest based on a given price rather than a point spread.
The team/fighter wagered on has to win the game outright, regardless of the score.
The minus sign (e.g.-180) always indicates the favorite and the amount you must bet to win $100.
The plus sign (e.g.+150) always indicates the underdog and the amount you win for every $100 bet.
Using this example, therefore, you would bet $180 to win $100 on the favorite (Net $280), while for the underdog you would bet $100 to win $150 (Net $250).
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