I can bet whatever amount I want on the odds. I'm being $100 and getting 7/2 odds. That's no different than me betting $200 and you paying $700.
You can bet whatever you want, but you still have to stick to the odds. If you’re getting 7/2 odds and expect me to risk $350, you’re only betting $50 with those odds. It absolutely is different. So yeah again it does matter. Otherwise you’re just making up your own odds and not using 7/2. So which is it. The $50 or $100 unit
Ok let's say I go to Vegas and bet $100 with 7/2 odds. How much money do you think they give me back?
so it's obviously in your favor since you're risking less. So are we doing this or what? Rockets will not make the playoffs in 2 years during the 23-24 season
If you understand the odds we are. If I lose I pay $100. If you lose you pay $350. And just to be clear, if they make the playoffs next year or the year after I win.
Bet. And it's not in my favor. The Nets have better odds to win the title than the Rockets do to make the playoffs in the next 2 years. But it's a fun bet.
Of course it’s in your favor. It doesn’t matter. You’re literally only risking $100 to $350. Those odds are easily lopsided. I’m a huge gambler so normally taking shitty odds isn’t ideal but this is worth it to me in this case
According to you they aren't in my favor. It's delusional to think the Rockets will make the playoffs. You are literally risking nothing right? It's like betting on the sun not rising tomorrow. Free money for you.
someone risking 350 to win 100. i mean it's pretty clear where those odds of risk favor If i was risking nothing the amount would say $0
Only in a vacuum. If the bet only involves risk for one side then the odds are in favor of the person taking no risk. According to you the Rockets playoffs odds are essentially non existent. You are taking on no risk. You can't lose so you might as well be betting $0. According to your logic Vegas is taking on more risk every time they take a bet on and underdog and that's not true.
So every time Vegas takes a bet on an underdog they are assuming more risk? If someone bets $1000 on the Rockets winning the title this year Vegas is assuming more risk?
uhhh The rockets are +100000 to win the title. Who is actually risking to lose more. There's clearly a lop side in this one
Vegas is risking losing more money but the actual risk is lower for them. The Rockets aren't winning the title this year. It's essentially free money to Vegas and the bettor burning $1000. I'd assume delusional is +100000.
no the actual risk is not lower. If you're risking losing more money, you're at bigger risk. And in this case the odds make 0 sense to risk. that's just a simple concept as a gambler no matter what. if it was that easy, why don't you see folks risking everything on that bet. Because they win next to nothing when you have to wager $100,000 just to win $100. After all its "free money"
