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UFC Fight Night LIVE: Diego Sanchez Vs. Joe Riggs

14K views 56 replies 28 participants last post by  Punishment 101 
#1 ·
UFC Fight Night Live
Diego Sanchez Vs. Joe Riggs

Date: 12/13/2006 8:00 PM ET/PT
Event Type: UFC Fight Night

Name: Diego Sanchez
Height: 5.11
Weight: 170
Record: 17-0-0

vs

Name: Joe Riggs
Height: 6.0
Weight: 170
Record: 28-8-0
 
#28 ·
If you bet on the guy that's expected to win with 1:1 odds, and the guy wins you multiply your stake by 1.0. If you bet on the guy that's expected to loose by a 2:1 margin and and the underdog wins, you multiply your wager by 2.0.

Ex. Liddell vs. Ortiz is currently running at 3:1 in favor of Liddell. If you bet say 1000 points on Ortiz and he wins (which he will not) you triple your money. But because Liddell is expected to win it would be a push if you bet on him.
 
#29 ·
libertywrestler said:
geeez i can't believe you still don't get it, its really simple, three or four people have already tried explaining it, you do make a prophet if you bet on diego and he wins
Din Thomas

Outcome information
Current odds 1/1 (1.00)
Number of bets placed 19
Total amount staked 17449
Total amount won 17449
Top bets on this Outcome
Bet placed by Amount staked Odds Amount won
Evil 10000 1/1 (1.00) 10000
Split 2186 1/1 (1.00) 2186
Punishment 101 2000 1/1 (1.00) 2000
MMA1990 800 1/1 (1.00) 800
cabby 500 1/1 (1.00) 500
hbdale309 374 1/1 (1.00) 374
hbdale309 300 1/1 (1.00) 300
Organik 300 1/1 (1.00) 300
Wombatsu 250 1/1 (1.00) 250
willyg123 200 1/1 (1.00) 200
JWangSDC 139 1/1 (1.00) 139
lilstuch114 100 1/1 (1.00) 100
jrod3p2 100 1/1 (1.00) 100
Ken Shamrock 100 1/1 (1.00) 100
oddtodd76 30 1/1 (1.00) 30
earwig 25 1/1 (1.00) 25
oddtodd76 20 1/1 (1.00) 20
T-Clutch 15 1/1 (1.00) 15
BlondBlomber 10 1/1 (1.00) 10

Same amount won as staked......no points gained
 
#30 ·
Yeah man, thats amount won.

Amount won = amount gained. Its not like they lost their money and got it back. the risked thier money and got more back. They won other money not their own.
 
#35 ·
There not listening to you cabby. Someone told me on another thread that they bet on Gomi at the last Bushido and his odds were 1/2 and they only got half the money they bet back. AND I AM NOT SAYING THEY BET 1000 and got 1000 + 500 back I am saying they just got 500 back. I am not sure if this is true cause i have never bet on a 1/1.
 
#36 · (Edited)
steveo412 said:
There not listening to you cabby. Someone told me on another thread that they bet on Gomi at the last Bushido and his odds were 1/2 and they only got half the money they bet back. AND I AM NOT SAYING THEY BET 1000 and got 1000 + 500 back I am saying they just got 500 back. I am not sure if this is true cause i have never bet on a 1/1.
Yes that is true...and I am just as confused as cabby. I know exactly what he's talking about. You bet your money and you get it back. That's it. You put in 1000 5 minutes before the fight and get that 1000 back if the guy wins. If he loses then you are out 1000 bucks. It makes no sense to me. What is the point of putting your 1000 down if you are not going to get at least 1001 back? If you are gonna put your money down on something, you might as well put it down on the underdog, because either way you are risking 1000, but 1 way you might get 3000 back, or lose 1000, and the other way you might get 1000 back, or lose 1000. So what would be the logical choice? To bet on the underdog in every fight right? Well if that's the case then what's the point of betting? It's not like a fighter with 3:1 odds actually only has a 33% chance of beating the other guy. It's impossible to determine that so the smart choice would be to bet on the underdog everytime since you have little to lose and lot to gain as opposed to the favored where you have little to lose and none to gain. And what's even worse are the 1:2 odds. 1:1 is like a break even:lose situation, 2:1 and above are like a win:lose situation and 1:2 or lower is like a lose:lose situation. Explain that one to me please.
 
#44 ·
adminmma said:
*sigh*

If the odds are 1:1
and you bet 1 point and the person wins, you get 1 point for a grand total of 2.

I know I gave an example like that already. I was just saying that so many people were saying you wouldn't get anything on a 1/1 fighter and that seemed kinda stupid and didn't make sense. Thats why I PM'd you to get it cleared up.
 
#46 ·
Organik said:
haha.. i just read this whole forum laughing.. and this topped it off

so easy to explain.. but it confuses ppl tryin to explain it other ways.. its hilarious
yah its jst kind of dumb cause in real money sports betting 1/1 odds would mean you only get your money back with no profit and 2/1 would mean you get double what you bet. But in real betting they give you odds like 1.5/1 instead of saying 1/2 to 1 which on here means that if you bet 2 and won you would get 3 back.
 
#47 ·
steveo412 said:
yah its jst kind of dumb cause in real money sports betting 1/1 odds would mean you only get your money back with no profit and 2/1 would mean you get double what you bet. But in real betting they give you odds like 1.5/1 instead of saying 1/2 to 1 which on here means that if you bet 2 and won you would get 3 back.
Agreed. I thought 1/1 was universal for your gonna get back what you put down. Guess not:dunno:
 
#48 ·
cabby said:
Agreed. I thought 1/1 was universal for your gonna get back what you put down. Guess not:dunno:
yeah bet 100 get 200 back...if it was bet 100 get 100 back, why even bet?
 
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