anyone know

onlinebeginner · #1 03-19-2007, 01:53 PM

anyonke know a book where i can bet against the suns winning the west, or the championship

kingpin182 · #2 03-19-2007, 01:56 PM

matchbook

onlinebeginner · #3 03-19-2007, 02:57 PM

i rarely bet sports... i'm kind of confused by matchbook right now, is there a way to bet this on another site

onlinebeginner · #4 03-19-2007, 02:58 PM

also i don't want to bet on them to lose at a certain point, i just want to bet on them not being nba champions at the end

Jordan · #5 03-19-2007, 02:58 PM

[ QUOTE ]
i rarely bet sports... i'm kind of confused by matchbook right now, is there a way to bet this on another site

[/ QUOTE ]

go ahead and short them at wsex.

onlinebeginner · #6 03-19-2007, 10:20 PM

sry i'm a newb... so if i sell them for 17 at +376 this means......?

Homer · #7 03-19-2007, 10:39 PM

[ QUOTE ]
sry i'm a newb... so if i sell them for 17 at +376 this means......?

[/ QUOTE ]

Think of the sell price as selling a stock for $17 that you must buy back at a later time. If Phoenix wins it all, the stock goes to $100 and you lose $83 per share. If Phoenix does not win it all, the stock goes to $0 and you win $17 per share. So, in effect you are risking $83 to win $17, which is the same as a -488 line.

trickrider · #8 03-20-2007, 01:41 AM

[ QUOTE ]
So, in effect you are risking $83 to win $17, which is the same as a -488 line.

[/ QUOTE ]

Not sure about the EV in that but I dont think Id be taking that bet. GL sir

onlinebeginner · #9 03-20-2007, 11:47 AM

i generally think in terms of percentages, if i thought the suns had a %20 chance of winning the championship would this be a good bet for me? 10%? where is the turning point?

is it 20.48% or am i doing the math wrong?

136913691369 · #10 03-20-2007, 12:02 PM

on a -488 line you have to win 82.99% of the time to break even so if u thought the suns had a 20% chance of winning u would need -400 or better. No it is not a good bet.