to find out your TAKE in football and basketball if you win?
I mean doesn’t it depend on how much money people put down on the bet?
Give me examples.
Are you sure?
I know in horse betting the money you can make depends on how much the people put down not just odds by itself.
in horse betting it makes a difference in how much you can make
February 26th, 2010 at 10:36 am
I cnat quite understand your question. It depends only on the odds. Not how much people bet. Take for example you put a bet on odds of 3.0 and put 10$. IF you win you will take 30$
References :
http://www.betting-forum.com/
February 26th, 2010 at 11:01 am
in horse betting it makes a difference in how much you can make
References :
February 26th, 2010 at 11:16 am
There is no pool of money that is divided up to the winners. However, a bookmaker can try to influence future bets by the amount of bets by one side to another by adjusting the point spread or moneyline. The best example is Superbowl XLII, Pats vs. Giants. The opening line favored the Pats by 14 points. By gametime, most books had the Pats favored by only 11 points, give or take. This is because there were so many people taking the Giants, and the bookmakers wanted to sway the action to the Pats. Bookies make more money when there is equal action on both sides. An individual bookmaker can move a line in any direction. Any bets made prior to moving lines will stay as made. As a result of the heavy betting on the Giants, many Vegas bookmakers lost money for that day. How much the bettors won had nothing directly to do with how many people already made bets.
You can follow patterns, though. Check out different sportsbooks online and see what the opening lines are for any given sport. Check back before game time and see if the lines are adjusted.
References :
http://dagus-statistics.com