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|    Message 207,584 of 209,580    |
|    The NOTBCS Guy to All    |
|    Re: Okay, Mr. "no odds are too low if it    |
|    01 Jul 23 07:02:46    |
      From: don.p.del.grande@gmail.com              > > William Hill was offering the follwing bets in Vegas:       > >       > > Alabama NOT winning the CFP championship: -900       > > Georgia NOT winning the CFP championship: -290              > What were they offering for CFP Championship not ALA or GA?              Assuming you mean a bet that neither team wins it, they didn't offer one, but       you can kinda sorta make your own:       Let's say you bet A on Alabama not winning, and G on Georgia not winning       If Georgia wins, you end up with 1/9 A - G       If Alabama wins, you end up with 10/29 G - A       They are the same when 1/9 A - G = 10/29 G - A       Add A + G to both sides: 10/9 A = 39/29 G       Multiply both sides by 9 x 29: 290 A = 351 G       If you bet 351 on Alabama (which pays 39) and 290 on Georgia (which pays 100),       and:       (a) Georgia wins, you end up with 39 - 290 = -251       (b) Alabama wins, you end up with 100 - 351 = -251       (c) neither wins, you end up with 39 + 100 = 139       Even though you are betting 641 in total, you are actually risking 251 to win       139, which is about -180.              On the other hand:       Betting 251 on just Alabama pays about 28 if Alabama does not win       Betting 251 on just Georgia pays about 87 if Georgia does not win              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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