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7-25-2015
07-26-2015, 12:16 AM
Post: #21
RE: 7-25-2015
Yeah, you must be getting confused here.

Your bet just made you 52,400 chu cha. To make that, you spent 40k.

If you bet that 40k on rounds 1-6, you would have made 62,800 chu cha.
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07-26-2015, 12:17 AM
Post: #22
RE: 7-25-2015
You profit $28 by investing 100..

Let's not make this more confusing guys. Lol
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07-26-2015, 01:07 AM
Post: #23
RE: 7-25-2015
All bets paid.
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07-26-2015, 08:10 AM (This post was last modified: 07-26-2015 08:17 AM by BrutalBodyShots.)
Post: #24
RE: 7-25-2015
(07-26-2015 12:16 AM)and the NEW Wrote:  Yeah, you must be getting confused here.

Your bet just made you 52,400 chu cha. To make that, you spent 40k.

If you bet that 40k on rounds 1-6, you would have made 62,800 chu cha.

So explain the payouts on 1.xy being 0.xy then. Did you look back at some of the past threads?

Example 1: On the Canelo/Kirkland fight Spyder made a $5000 bet on Canelo by KO that had a line listed as 1.58. When Rom listed the payouts, Spyder was paid 0.58, $2900.

Example 2: Maxy bet $5000 on Golovkin over Monroe by stoppage at 1.08. He was paid $400.

Example 3: TheTeddyBear put ~65k on Mayweather by decision over Pac at 1.71 which paid ~46k.

Using these examples, if I bet $40k on Kovalev in rounds 1-6 I would not have made $62,800, I would have made $22,400 which is what one would expect to make with a very obvious, "safe" bet.
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07-26-2015, 11:21 AM (This post was last modified: 07-26-2015 01:22 PM by Romulus9.)
Post: #25
RE: 7-25-2015
(07-26-2015 08:10 AM)BrutalBodyShots Wrote:  So explain the payouts on 1.xy being 0.xy then. Did you look back at some of the past threads?

Example 1: On the Canelo/Kirkland fight Spyder made a $5000 bet on Canelo by KO that had a line listed as 1.58. When Rom listed the payouts, Spyder was paid 0.58, $2900.

Example 2: Maxy bet $5000 on Golovkin over Monroe by stoppage at 1.08. He was paid $400.

Example 3: TheTeddyBear put ~65k on Mayweather by decision over Pac at 1.71 which paid ~46k.

Using these examples, if I bet $40k on Kovalev in rounds 1-6 I would not have made $62,800, I would have made $22,400 which is what one would expect to make with a very obvious, "safe" bet.



Here is the best way I can explain it.

Sales tax.

If an item is 9.99 and sales tax here in West Virginia is 6%, I can do two things. I can do 9.99 x 0.06 and see how much the sales tax is. OR I can do 9.99 x 1.06 and see how much the total cost is INCLUDING sales tax.

Nothing has changed with the meaning of the numbers. The only thing that changes is whether or not the original 'cost' is reflected in the calculated result.

How much you win doesn't change, just like the amount of sales tax doesn't change.

Calculating using 1.xy shows the total result with the wager included. Calculating using 0.xy shows the result only, without including the wager. It's purely for display purposes.
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07-26-2015, 10:06 PM
Post: #26
RE: 7-25-2015
I get that Rom. That said, the payout on rounds 1-6 was less than what the payout would have been had that bet been halved and placed on rounds 1-3 and 4-6, regardless of which outcome hit. Net on 1-6 for me on 40k would have been ~22k where net on 1-3 was ~32k which is what I yielded. Basically that's what I originally posted, that the net would be greater splitting any 1-6 bets into 1-3 + 4-6.
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07-26-2015, 10:10 PM
Post: #27
RE: 7-25-2015
Blame the oddsmakers at sportsbet.com.au Smile

I just relay the odds from them. Although I am considering looking at some other sites to add more odds to what's available for us.
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07-27-2015, 07:51 AM
Post: #28
RE: 7-25-2015
It's all good, that's why I originally posted what I did because it's rare you catch a "mistake" from the odds makers.

The last time I recall that happening was odds I saw on Barrera/Fana which was probably 10 years ago. They actually posted the odds reversed... 5/2 instead of 2/5 which I capitalized on lol.
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07-28-2015, 08:33 PM (This post was last modified: 07-28-2015 08:40 PM by and the NEW.)
Post: #29
RE: 7-25-2015
(07-26-2015 10:06 PM)BrutalBodyShots Wrote:  I get that Rom. That said, the payout on rounds 1-6 was less than what the payout would have been had that bet been halved and placed on rounds 1-3 and 4-6, regardless of which outcome hit. Net on 1-6 for me on 40k would have been ~22k where net on 1-3 was ~32k which is what I yielded. Basically that's what I originally posted, that the net would be greater splitting any 1-6 bets into 1-3 + 4-6.

Brutal, you are wrong. You netted ~32k for your 20k bet on 1-3 (as it was a ~52k payout). But what happened to the other 20k you bet on 4-6? You lost that, right? So what was your overall net for your 40k layout, ~12k? Exactly.

Now if you bet that same 40k on 1-6 you would have netted ~23k (as the payout would have been ~63k)

I'm not sure how that can be any clearer?

(07-27-2015 07:51 AM)BrutalBodyShots Wrote:  It's all good, that's why I originally posted what I did because it's rare you catch a "mistake" from the odds makers.

The last time I recall that happening was odds I saw on Barrera/Fana which was probably 10 years ago. They actually posted the odds reversed... 5/2 instead of 2/5 which I capitalized on lol.

That was not a mistake from the oddsmakers. But it does happen. Some CFD providers used to provide prices for products (foreign exchange, commodities, shares etc) slightly lagging the futures markets. So you could just buy and sell quickly, already knowing what was doing to happen! hahaha. They would have lost millions on that. I know multiple people that made 10s of thousands each.
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07-28-2015, 09:42 PM
Post: #30
RE: 7-25-2015
(07-28-2015 08:33 PM)and the NEW Wrote:  Brutal, you are wrong. You netted ~32k for your 20k bet on 1-3 (as it was a ~52k payout). But what happened to the other 20k you bet on 4-6? You lost that, right? So what was your overall net for your 40k layout, ~12k? Exactly.

Now if you bet that same 40k on 1-6 you would have netted ~23k (as the payout would have been ~63k)

I'm not sure how that can be any clearer?

What am I wrong about? You just made my point. My original point was that splitting the bet $ that you would put down on 1-6, half into 1-3 and half into 4-6 would net a higher payout regardless of which outcome hit. You yourself split your bet half on 1-3 and half on 4-6 so obviously you figured this out as well. I'm not sure what you're arguing here at this point as you're agreeing with what I've said all along.

I netted ~32k on my 40k bet by going with 20k on 1-3 and 20k on 4-6. If I had put the 40k on 1-6 I would have netted ~23k. So, the net winnings were ~9k greater by splitting it between the two outcomes. Had the KO come a round later (in 4-6) I would have net ~48k, more than double had I gone with the 1-6 bet.

Usually, it's not the case that if you split your $ between 1-3 and 4-6 that either outcome yields more net profit than going with your full amount on 1-6. Usually one outcome yields more and one less. Look at the odds on Canelo/Kirkland and Mayweather/Pacquiao. One of the outcomes (either 1-3 or 4-6) would pay out more than if you went with 1-6, and the other outcome would result in less. This is usually the case. It was NOT the case with the Kovalev odds, which is why I, and I assume you, split your money between the two outcomes.
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