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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 11-26-2006, 03:53 PM   #31 (permalink)
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I dont get it profit means all You get back right

lol never go into accounting for a living cabby.
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Old 11-26-2006, 08:39 PM   #32 (permalink)
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Quote:
Originally Posted by Spartan42
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.
The risked their money and got it back. Nothing more and nothing less, look at the numbers.....
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Old 11-26-2006, 08:49 PM   #33 (permalink)
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i had like a 1000, i put it on sylvia, now i have more than 2000. let it go man...your wrong
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Old 11-26-2006, 09:32 PM   #34 (permalink)
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Look here

Heres a screenshot of the 1/1 bets on Din Thomas. Everybody got back what the put down. No gain in points!


http://i15.tinypic.com/2nrpq4o.jpg
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Old 11-27-2006, 02:41 AM   #35 (permalink)
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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.
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Old 11-27-2006, 07:16 AM   #36 (permalink)
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Quote:
Originally Posted by steveo412
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.

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Old 11-27-2006, 06:29 PM   #37 (permalink)
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........

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Old 12-04-2006, 10:40 AM   #38 (permalink)
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y cant we bet on the other main card fights?
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Old 12-05-2006, 01:12 AM   #39 (permalink)
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i made 3 threads about it, no1 ever answered me, except others who wanted to be as well....
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Old 12-07-2006, 12:18 PM   #40 (permalink)
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25,000 on Diego, because adminmma said that if I bet on a 1/1 fighter I will double my points back. So if I have 1,000 points and bet it all on Diego I would end up having 2,000 points if he wins.
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