LogFAQs > #910341255

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Topic~Character Battle X Spread Betting~ (Sugesstions/Interest guage)
MZero11
10/11/18 8:57:48 AM
#33:


GTM posted...
wait what was wrong with the 1st one?


The first one is based on 'juice', which is when the sportsbook people take some of your money like a fee. It's typically around 10% I think so like if you bet $100 you actually only win like $90 in profit (total payout: $190 instead of $200)

Since I'm not applying juice to the single bets, there's no reason to apply it to the parlays (also I'm not making any money from this so it's pointless overall). That's what Xuxon was asking.

So if you remove juice, the parlay odds are actually like the second set I posted

firefdr posted...
so is it..

2 matches - bet 100, win 400 (300+100)
3 matches - bet 100, win 800 (700+100)
4 matches - bet 100, win 1600 (1500+100)
?


Technically yes. If you start at $1000 and bet $100 you're technically at $900 until the match is over. Your total payout would be $400, putting you at $1300 ($300 profit) for a 2-match parlay
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MZero, to the extreme
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