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vBookie Event: Diego Sanchez Vs. Joe Riggs (UFC Fight Night Live Sanchez Vs. Riggs)

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vBookie Event
Diego Sanchez Vs. Joe Riggs (UFC Fight Night Live Sanchez Vs. Riggs)

This event is over.

Outcome Odds Total Bets Total Staked
Diego Sanchez 1/1 F (1.00) 65 284450 WIN!
Joe Riggs 2/1 (2.00) 26 53070  

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Old 11-24-2006, 12:38 PM   #11 (permalink)
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Quote:
Originally Posted by ozz525
So what would be the point in putting points down on a 1/1 fighter if u will only get back what u bet
When you make a bet you get your stake back + your winnings.

Let's say for example you bet 1000 at someone who was 2 to 1 and they win. You get your 1000 back which is what you bet + you get 2000 winnings. Outlay = 1000 Income = 3000
Income - Outlay = 2000 simple
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Old 11-24-2006, 02:14 PM   #12 (permalink)
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Quote:
Originally Posted by Hughesfan2791
When you make a bet you get your stake back + your winnings.

Let's say for example you bet 1000 at someone who was 2 to 1 and they win. You get your 1000 back which is what you bet + you get 2000 winnings. Outlay = 1000 Income = 3000
Income - Outlay = 2000 simple
Yeah thats for 2/1 but 1/1 there really is no point
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Old 11-24-2006, 05:27 PM   #13 (permalink)
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Hmmmmm, i'm confused now, whats the point of voting on Diego then
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Old 11-24-2006, 05:47 PM   #14 (permalink)
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Quote:
Originally Posted by screenamesuck
Hmmmmm, i'm confused now, whats the point of voting on Diego then
I dunno. Whenever you bet on something you always have a possibility to get back double. I mean have you ever bet someone $5 on something in hoping to get $5 back, not me its like betting for nothing really. Come out even or lose ur points I guess
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Old 11-24-2006, 06:00 PM   #15 (permalink)
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Quote:
Originally Posted by cabby
I dunno. Whenever you bet on something you always have a possibility to get back double. I mean have you ever bet someone $5 on something in hoping to get $5 back, not me its like betting for nothing really. Come out even or lose ur points I guess
When you bet a guy $5.00 you can knock him down with one punch - if you do, you get his $5.00 + you've still got your $5.00; that's a 1/1 bet. You made $5.00 (course, you could have lost $5.00, but that's always the case when you lose). And that's why you'd make a 1/1 bet - to make the amount you're betting - bet a million and win and you've got an extra million.
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Old 11-24-2006, 06:31 PM   #16 (permalink)
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I put 500 down on the Clementi/Thomas fight which was 1/1. I won the bet and got 500 back, which is what I put down. No gain in points......just the risk of losing them.
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Old 11-25-2006, 01:07 AM   #17 (permalink)
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I'll put 30,000 pts on Diego!
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Old 11-25-2006, 01:16 AM   #18 (permalink)
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dude, theres been 3 people in the same thread explaining to you the same thing.

If u bet all ur post points on a 1/1 fighter, u double ur total of points if that fighter wins.

In real betting, u dont get such big odds as 3/1, and if there is such thing, that means hes a HUGE underdog(even Royce wasnt that underdog vs hughes). Since this isnt real money, i assume adminmma wants every1 to win

real odds at gsp vs hughes,

1,57 for hughes(that means u get 57 cents per dollar u bet)
2,25 for gsp(1,25 per dollar u bet).
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Old 11-25-2006, 03:31 AM   #19 (permalink)
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I think Ill bet on Diego for sure.
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Old 11-25-2006, 04:17 AM   #20 (permalink)
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If anyone hasnt gotten it yet its like this:

If the odds are 1/1 then you get the money you already bet back PLUS that amount again, eg: Bet 1000 points on Diego, he wins, so you get the 1000 back PLUS ANOTHER 1000, leaving you with 1000 more than before.
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