According to my calculations I'm lost.
Mike Swick vs Paulo Thiago (UFC 109)
Mike Swick 1/2 F (0.50) You bet 1, you win .5
Paulo Thiago 7/4 (1.75) You bet 1, you win 1.75
So if you bet on both and Swick wins, you're down .5
Lets say you bet:
2 on Swick, you win 1
1 on Paulo, you win 1.75
What am I missing?
So if you bet on both and Paulo wins, you're down .25