majormajor
Registered User
- Jun 23, 2018
- 25,026
- 29,860
You have to bet $130 doallars to win $100 is what the -130 means.
So if Fro bet $130 on the over and the BJ had 89 pts, he would make $100.
Do I understand it right that the bookies or whoever sets the bar at 83 pts, which is initially an even odds bet, but as people make bets the value goes up or down? And presumably if it's $130 to win $100 then that means that more people have put money on the over so far?
Also is there a way to calculate what the implicit even bet is now, if it's above 83 pts?
Also, just to make sure I'm getting it right, I'm presuming you get $100 winnings and the $130 back? And if you lose the bet you lose the $130?