7-25-2015

[and the NEW]

To be honest, I haven't been looking closely at all of Rom's payouts. But this one is wrong, no doubt about it.

Man, Brutal, your maths is horrible. Calculate this maths along with me. Stop using hypotheticals. You bet 20k at 2.62 on rounds 1-3. Add that up bro. 20,000 X 2.62, what does that equal? 52.4k right? That is what you won gross. But that also includes your 20k. So you won 32.4k net right?

Now deduct the 20k you lost on 4-6, which means you only netted 12.4k. That is what Rom failed to do and that is what you are failing to do.

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(08-01-2015 10:45 PM)BrutalBodyShots Wrote:  Let's dumb it down to a dollar. $1.00. Look, if you bet (RISK) $1 on a 2-1 underdog and the underdog wins, you net $2. You don't then lose the $1 you risked (since you didn't lose) or you'd only net $1 or even money.

Brutal, if the odds were 2.00 then yes, you would only win 1 dollar. You get back 2 dollars for winning the bet, but 1 of those dollars was what you laid out. So you get back 2 dollars gross, but 1 dollar net.

Why do you think Kovalev's last fight paid like 1.005. You bet a dollar, you win the dollar back and half a cent on top of that. So you net half a cent. Winning the bet is basically worthless.

If the odds are 1.00 flat (which they can't possibly be), then you would only get back the dollar you bet, so it is pointless to even bet.

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(08-01-2015 10:45 PM)BrutalBodyShots Wrote:  According to your criteria, in an even money bet... that is a 50/50 bet if you bet $1 and win the bet, you'd net $1 minus the $1 you bet so you'd walk away with zero. Does that really make sense in your mind... that if you bet on a 50/50 outcome and get the outcome correct you make zero?

Yes, for a 1.00 bet. But an even money bet is a 2.00 bet.

Man, you are so confused I'm not sure if I can help you.