Sweetoneforueightysix
Joined: 15 Feb 2007 Posts: 1 Location: Mexico
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Posted: Mon Jul 09, 2007 1:13 pm Post subject: Just my thoughts |
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Ola!
So far for "Ask Steve" ...
American bookmakers generally use moneylines, which are quoted in terms of the amount required to win $100 on a favorite, or the amount paid for a $100 bet on an underdog. The amount "won" in a bet is the net amount over and above the initial bet. If a person wins $200 on a bet of $100, the bookmaker actually pays the winner $300 (i.e. $200 plus the initial bet of $100). sports betting For these sports, bookmakers in Europe and Asia generally use straight-up odds, which are quoted based on a payout for a single bet unit; for example, a 2-1 favorite would be listed at a price of 1.50, whereas an underdog returning twice the amount wagered would be listed at a price of 3.00.
Aight! |
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