Re: The Mathematics behind a Sports Book
- From: "T Block" <tblock@xxxxxxxxxxx>
- Date: Fri, 29 Jul 2005 12:41:35 -0400
> This is partially true. The equal amount situation only works when the
> odds of both sides are the same. My question was more general
>
No, the disfavored team needs higher paying odds to encourage betting on
it...If the favorite is -110 (odds of 100/110) and the disfavorite is -110
then everyone will bet the favorite.
.
- Follow-Ups:
- Re: The Mathematics behind a Sports Book
- From: deviliscious
- Re: The Mathematics behind a Sports Book
- References:
- Re: The Mathematics behind a Sports Book
- From: deviliscious
- Re: The Mathematics behind a Sports Book
- Prev by Date: Re: Statistics question
- Next by Date: Re: A probability question
- Previous by thread: Re: The Mathematics behind a Sports Book
- Next by thread: Re: The Mathematics behind a Sports Book
- Index(es):