In the Money
If we assume the vig is 10% and the bets are $100 a game then the B-Burgs are up $80 on the year.
Baseball. Ron Paul. Notes.
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4 comments:
It's tough chief. When you pull up how many games finish above/below spread it's right at 50%, showing how fantastic the oddsmakers are. I may give college basketball a try also.
I'm afraid the real result might be $40 - not sure if I'm calculating right. Regardless, risking $6800 to win less than $100 is pretty miserable.
F**k. I was terrified of messing up the math after Damien's post about CNN.
32 x $110 = $3520
36 x $100 = $3600
$3600-$3520 = $80
Does that look right?
Yeah that does look right. Not sure what I was thinking. (I feel like Chooker's friends in Vegas who didn't know how to bet).
You'd also be betting $110 each time so the total risk would be a little higher.
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