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vBookie Event: Joe Stevenson vs. BJ Penn (UFC 80)

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vBookie Event
Joe Stevenson vs. BJ Penn (UFC 80)

This event is over.

Outcome Odds Total Bets Total Staked
BJ Penn 2/1 F (2.00) 242 2483620873 WIN!
Joe Stevenson 3/1 (3.00) 74 382876389  
Draw 5/1 (5.00) 6 166316  

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Old 01-04-2008, 12:28 PM   #21 (permalink)
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What would be a good safety bet for me? I'll have around 500 credits and I want to put most of it on BJ. Or should I even worry about it.
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Old 01-04-2008, 10:49 PM   #22 (permalink)
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Changed the odds only a few hours after I bet all my credits!
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Old 01-04-2008, 11:40 PM   #23 (permalink)
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whoa new odds, do they change these whenever they want?
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Old 01-07-2008, 09:50 AM   #24 (permalink)
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NO they changed it because it needed to be changed. Fights are usually 2/1, 3/1 fights (with the exception of one I saw last month thats was 3/1 4/1 :\)

Anyways, as far as the betting system goes, thanks for bringing that to my attention. Is that how a real betting system works too or just ours?


EDIT: Btw 7k on Daddy, just because I don't like BJ's attitude and I think that he might come unprepaired
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Old 01-07-2008, 12:31 PM   #25 (permalink)
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I've got 60cr on BJ. I actually like both fighters a lot, i just think I'll get winnings off BJ on this fight.
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Old 01-07-2008, 12:34 PM   #26 (permalink)
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I have to go with BJ on this one.
He is going to wrap himself around Joe like a snake and squeeze.
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Old 01-07-2008, 02:47 PM   #27 (permalink)
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Quote:
Originally Posted by Rated View Post
No, wafb is right. Whenever you win a bet, you always get back what you bet PLUS your earnings. Therefore, if you bet 5,510 and win, you get back what you bet (the 5,510) plus 5,510 (one times what you bet).

A 2/1 means that you get 5,510 plus 11,020 (or twice what you bet). If 1/1 means that you get back what you bet, there would be no point in betting.
So... if the odds are 2/1 Penn and 3/1 Stevenson...

I should be able to bet 1k credits on Penn and 1k Credits on Stevenson and no matter what come out even?

Penn wins- Get my Bet (1k) plus my earnings (1k) To have 2k then lose 1k from my bet on Stevenson to end +1k from start

Or

Stevenson Wins - Get my bet (1k) and my earnings (2k) to have 3k then lose 1k from the bet on Penn, leaving me at +2k from Start.


Am I missing something here, or am I suddenly able to win a lot of credits really quickly? Hopefully I didn't just tell someone else's secret here.

Let it be known that I'm not here to make a bunch of Credits, but moreso to root on and support the fighters that I would like to win.

That being said- please disprove my logic.
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Old 01-07-2008, 02:55 PM   #28 (permalink)
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Quote:
Originally Posted by Breadfan View Post
So... if the odds are 2/1 Penn and 3/1 Stevenson...

I should be able to bet 1k credits on Penn and 1k Credits on Stevenson and no matter what come out even?

Penn wins- Get my Bet (1k) plus my earnings (1k) To have 2k then lose 1k from my bet on Stevenson to end +1k from start

Or

Stevenson Wins - Get my bet (1k) and my earnings (2k) to have 3k then lose 1k from the bet on Penn, leaving me at +2k from Start.


Am I missing something here, or am I suddenly able to win a lot of credits really quickly? Hopefully I didn't just tell someone else's secret here.

Let it be known that I'm not here to make a bunch of Credits, but moreso to root on and support the fighters that I would like to win.

That being said- please disprove my logic.
yep that's how it works, you gotta bet on both fighters to maximize the odds of you winning.
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Old 01-08-2008, 02:09 AM   #29 (permalink)
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War Bj!!!
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Old 01-08-2008, 02:11 AM   #30 (permalink)
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Another 300k on Penn, Thanks to IronDaisy.
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