Duchess Jack Posted March 16, 2006 Share Posted March 16, 2006 Another thread mentioned that the Dolphins are 11-1 to win the big game. My understanding of this is that $1 will get you $11 if they win, but.... Can I bet $110 for them to not win the bowl and get $10 back? Just curious because I'd do that every year if I could. A cool grand every year saying that they will not win the Superbowl and if they win, its money well spent. Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted March 16, 2006 Author Share Posted March 16, 2006 come on you gambling degenerates... anyone....anyone, Bueller? Bueller? Quote Link to comment Share on other sites More sharing options...
Brentastic Posted March 16, 2006 Share Posted March 16, 2006 In short, NO. I'm pretty sure you only bet on a team to win. There might be scenarios where you could bet against a team, but that would be a whole other set of odds. Quote Link to comment Share on other sites More sharing options...
Piranha Posted March 16, 2006 Share Posted March 16, 2006 Is it really worth it? Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted March 16, 2006 Author Share Posted March 16, 2006 Is it really worth it? 1372745[/snapback] Hell yeah. Either I win or they do. Its win-win. Quote Link to comment Share on other sites More sharing options...
louisville lip Posted March 16, 2006 Share Posted March 16, 2006 At some point before the season begins, Las Vegas will post an over-under line on the number of games each team will win in the upcoming season. For example, the Dolphins number will probably be 9, 9.5 or 10. That will give you an opportunity to bet for or against them as you see fit. Quote Link to comment Share on other sites More sharing options...
i_am_the_swammi Posted March 16, 2006 Share Posted March 16, 2006 Hell yeah. Either I win or they do. Its win-win. 1372748[/snapback] Wouldn't it then be win-lose? Quote Link to comment Share on other sites More sharing options...
Brentastic Posted March 16, 2006 Share Posted March 16, 2006 Wouldn't it then be win-lose? 1372775[/snapback] No, he's saying if he bets against his favorite team it's win-win. Either he wins money or his dolphins win the SB, hence win-win. Quote Link to comment Share on other sites More sharing options...
rbmcdonald Posted March 16, 2006 Share Posted March 16, 2006 Another thread mentioned that the Dolphins are 11-1 to win the big game. My understanding of this is that $1 will get you $11 if they win, but.... Can I bet $110 for them to not win the bowl and get $10 back? Just curious because I'd do that every year if I could. A cool grand every year saying that they will not win the Superbowl and if they win, its money well spent. 1372645[/snapback] Bets like betting on a team to win the Super Bowl are called proposition bets, and the SB controls the conditions. They are a big money maker for the SB, because they are one sided. The bettor can not take the other side. So they do not have to worry about getting the line set in the beginning, or adjusting the line or odds as money comes in. If they were going to set it up as a bet that you could take either side on, then they would do it like a money line bet, and it would look like this: +1100 -900, where you either bet 100 to win 1100 (if the fins win) or you bet 900 to win 100, if the fins do not win. The only way that they would do this is if there was a great deal of interest, and there would be a large volume of betting. Even then, it is not likely on something like a Super Bowl bet, as the timeline is way too long. This means that there are way to many variables to take into account. Keep in mind, the key to be a good sports book or bookie for that matter, is not knowing anything about sports, it is knowing everything about money management and a great deal about odds and human psychology. Quote Link to comment Share on other sites More sharing options...
Duchess Jack Posted March 16, 2006 Author Share Posted March 16, 2006 Thanks Quote Link to comment Share on other sites More sharing options...
i_am_the_swammi Posted March 16, 2006 Share Posted March 16, 2006 (edited) No, he's saying if he bets against his favorite team it's win-win. Either he wins money or his dolphins win the SB, hence win-win. 1372777[/snapback] I know what he's TRYING to say, but: 1. If he wins his bet and Dolphins lose, its "win-lose", or: 2. If he loses his bet and Dolphins win, it is also "win-lose". He breaks even both ways...win one, lose one...hence "win-lose" scenario. Win-win would be if he won both ends. Thats why when they use the term "win-win" there are no losers. Edited March 16, 2006 by i_am_the_swammi Quote Link to comment Share on other sites More sharing options...
Brentastic Posted March 16, 2006 Share Posted March 16, 2006 I know what he's TRYING to say, but: 1. If he wins his bet and Dolphins lose, its "win-lose", or: 2. If he loses his bet and Dolphins win, it is also "win-lose". He breaks even both ways...win one, lose one...hence "win-lose" scenario. Win-win would be if he won both ends. Thats why when they use the term "win-win" there are no losers. 1373112[/snapback] I suggest you gain a better understanding of the english language and all it's "hidden" meanings. You are wrong. Quote Link to comment Share on other sites More sharing options...
HowboutthemCowboys Posted March 17, 2006 Share Posted March 17, 2006 I suggest you gain a better understanding of the english language and all it's "hidden" meanings. You are wrong. 1373144[/snapback] Quote Link to comment Share on other sites More sharing options...
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