Payout if TCU beat Kansas for its 1st Big 12 victory. My goodness...where the hell was Marty McFly on that ****!?!?
Payout if TCU beat Kansas for its 1st Big 12 victory. My goodness...where the hell was Marty McFly on that ****!?!?
Uh what book was offering this line?
absolutely not true
2 users like T-town Sooner's post: Irish_Sooner, nstinson
Tyson was regularly 35-1 against whatever tomato can he fought - even Holyfield. You'll see the bottom pro teams at 250-400 to 1 as far as odds to win it all. No book, wise guy, or anyone is going to give 4,500,000 - 1. I call![]()
I still have a problem with how way that books set futures payouts.
For instance, the Astros are 200:1 to win the World Series. Should be closer to 10,000:1 if we are really calculating odds. If they set this line, shouldn't there be equal action at 1:200 that hey don't win it?
If so, it would be stupid for a wealthy gambler to not throw several million at it.
But the 200:1 isn't really the "odds" of the Astros winning, is it? Isn't it just based on the amount of action the Astros are getting win it all? In other words, I think if they set the odds at 10,000:1, so many people would jump on that outrageous line that it would quickly correct to 200:1.For instance, the Astros are 200:1 to win the World Series. Should be closer to 10,000:1
That's essentialy what IS happening. The sum total of the action on the rest of the field to win it (or bets that the Astros won't win) would be the inverse of the Astros' "odds", right?If they set this line, shouldn't there be equal action at 1:200 that hey don't win it?
They aren't going to set odds that high - even in the beginning. As I said 200-400 is as high as it will ever get. Even when Tyson was 35-1 tons of money would come in one Tyson. People would bet 300K just to win 10K. I made money on Holyfield because I put my usual 20$ on the opponent and as the odds went down I put more and more. It eventually closed at 6-1. I made about six grand on the fight. On odds like 200-1 you are more likely to get smaller bets and the larger sums will be on the lower odds. People that have larger sums of money to bet don't gamble on long shots.