coleman on my bet site 3.85/1 odds to win, should i lay the hammer down? - Page 3 - MMA Forum - UFC Forums - UFC Results - MMA Videos
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post #21 of 26 (permalink) Old 01-06-2009, 09:16 PM
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Originally Posted by jdun11 View Post
TS, you obviously havent bet before. 3.85/1 underdog means if you bet 100 and win you get 385, which is a $385 profit, not 285. You only pay the 100 if you lose.
Not with the decimal system. With the decimal system you bet at 1.25 with 100 dollars, you win 25 dollars for every 100 you put down.

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post #22 of 26 (permalink) Old 01-06-2009, 09:44 PM
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Originally Posted by jdun11 View Post
TS, you obviously havent bet before. 3.85/1 underdog means if you bet 100 and win you get 385, which is a $385 profit, not 285. You only pay the 100 if you lose.
no man thats not how it works, I bet on every event and 285 would be the profit.

My site has Coleman at 4.00 but I wouldnt bet on him because I wouldnt want to cheer against shogun.

I like the Belcher and Franklin bets though.
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post #23 of 26 (permalink) Old 01-06-2009, 09:56 PM
 
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Originally Posted by JayDubs911 View Post
dude trust me i have bet before, i have even stated so in aronymans bet thread where i lost 50 euros on a pick he made. not to mention i am a pro online poker player, however i rarely bet sports.

i think the confusion may have come because i put that slash in there. an earlier post in this thread said america and canadian/european use a different system. decimal and fraction.

if you look at the rich franklin fight, rich is 2.05 which means if you bet 100, you win 205 back. your bet account only goes up only 105 bucks. if you bet henderson at 1.73, if you bet 100, you win 173 back, hence 73 dollar profit.

i know its weird switching systems i sometimes get confused but im 99% sure this is the way it works for canadian/european decimal system.

edit: when i switch to american system tab. it says franklin +105, henderson -137.
edit: when i swith to fraciton tab franklin 21/20, henderson 8/11.

i dunno, decimal worsks best with my brain, its easy. you can easily visually see how much $ you make for a 1 dollar bet, 2.05$ for franklin, etc.
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Originally Posted by GKY View Post
Not with the decimal system. With the decimal system you bet at 1.25 with 100 dollars, you win 25 dollars for every 100 you put down.
You know you guys are saying the same thing right? The only diffrence is GKY is keeping his 100 and then winning 25, Jay Dubs giving them his $100 and then getting $125 left you are both left with $125 at the end with the same odds, I dont get what your argueing about.




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post #24 of 26 (permalink) Old 01-07-2009, 03:22 AM Thread Starter
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You know you guys are saying the same thing right? The only diffrence is GKY is keeping his 100 and then winning 25, Jay Dubs giving them his $100 and then getting $125 left you are both left with $125 at the end with the same odds, I dont get what your argueing about.
me and gky are on the same page, he and i quoted jdun. it's just that jdun said 385 profit, it's not 385 profit if you put 100 down and get 385 back, that's 285 profit. so either he mistakenly said profit when he meant gross profit (before investment) or he was jsut thinking about the american system. personally when i was saying profit i meant profit in the plain sense of how much my gambling account went up.

so here's a quick comparison of the two just to clear it up

i'll use the shogun, coleman fight because that was the original example.

------------- Decimal system ------- american system
-------------- (canada & europe) ------- (america)

shogun: ---------- 1.25 ------------------ -400

coleman: --------- 3.85 ------------------ +2.85


so he thought i meant +3.85 in the american system which literally means $385 profit while the decimal system you subtract your hundred dollar bet first.

the odds fundamentally the same it is 2 different systems like metric and imperial.

Hopefully this will end the differenc in betting system discussion and you guys can help me make some CA$H with these bets.
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post #25 of 26 (permalink) Old 01-07-2009, 03:26 AM
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I like the decimal system better, find it less confusing.
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post #26 of 26 (permalink) Old 01-07-2009, 03:47 AM
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At +285.. coleman is a bad bet. Coleman has to win that fight more then 35% of the time to make it profitable. He doesn't win that fight >35% of the time.

But if you are going to bet on him, go to http://www.pinnaclesports.com
or
http://www.sbgglobal.com

Better odds for coleman.. you can get some more positive equity on your bet.

Quote:
Originally Posted by cdtcpl View Post
I wouldn't throw $100 down on it, but sometimes when things have that big of odds I like to throw $20 on them or so. It is amazing how many times they work out.
Not enough times to make it profitable, unless you are using other variables to make your picks.


Quote:
Originally Posted by JayDubs911 View Post
dude trust me i have bet before, i have even stated so in aronymans bet thread where i lost 50 euros on a pick he made. not to mention i am a pro online poker player, however i rarely bet sports.

i think the confusion may have come because i put that slash in there. an earlier post in this thread said america and canadian/european use a different system. decimal and fraction.

if you look at the rich franklin fight, rich is 2.05 which means if you bet 100, you win 205 back. your bet account only goes up only 105 bucks. if you bet henderson at 1.73, if you bet 100, you win 173 back, hence 73 dollar profit.

i know its weird switching systems i sometimes get confused but im 99% sure this is the way it works for canadian/european decimal system.

edit: when i switch to american system tab. it says franklin +105, henderson -137.
edit: when i swith to fraciton tab franklin 21/20, henderson 8/11.

i dunno, decimal worsks best with my brain, its easy. you can easily visually see how much $ you make for a 1 dollar bet, 2.05$ for franklin, etc.

I also play poker professionally.. where do you play? and what stakes?


My betting advice is to bet on Franklin and Marcus Davis. Both winners.
You can get Franklin at +110 on most sites still.. (+120 on pinnacle... best site.. no USA tho)
Marcus is like -135 on most sites..
I got my bets in super early, and got franklin at +125 and Marcus at -120
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