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Thread: Bison are 3pt favorites over ISU

  1. #91
    mtoutfitter's Avatar
    mtoutfitter is offline Senior Member Gets their mail at the West Parking Lot
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    Default Re: Bison are 3pt favorites over ISU

    5Dimes is now at -1

  2. #92
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    Default Re: Bison are 3pt favorites over ISU

    You are correct. Sorry for the confusion. I was driving a sprayer on limited sleep but you are right. I was only thinking from the betting side not the bookie side.
    Quote Originally Posted by NDSUBowler View Post
    The +100 is from the players perspective. If I go to Las Vegas and bet 110 to win 100 on a game, half the time I am going to win and make 100 profit, half the time I am going to lose my 110 bet. That creates an average return of 105 on my 110 bet which is a -4.5454% edge.

    The house CHARGES a 9.0909% vig but they only collect on half the bets (if they achieve equilibrium) so the overall edge for the house is never 9.0909%.

    What you are talking about is closely related to my second scenario. If they take 220 in action (110 on each side) then they are making a profit of 10 every game, not a profit of 20 (which is required for the 9.0909%). 10 profit represents 9.0909% edge on THAT side of the bet alone, but in the grand scheme of things they are taking more than one side of a bet which is why 9.0909% isn't the full answer to the question.

  3. #93
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    Default Re: Bison are 3pt favorites over ISU

    Now 3.5 underdogs.

  4. #94
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    Default Re: Bison are 3pt favorites over ISU

    Quote Originally Posted by Hammersmith View Post
    Now 3.5 underdogs.
    ML +125 looking veryyyyyy sexy right now!

  5. #95
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    Default Re: Bison are 3pt favorites over ISU

    Quote Originally Posted by NDSUBowler View Post
    ML +125 looking veryyyyyy sexy right now!
    +135 now


    1111111111111111

  6. #96
    BisonNeil is offline Senior Member Gets their mail at the West Parking Lot
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    Default Re: Bison are 3pt favorites over ISU

    Quote Originally Posted by Hammersmith View Post
    Now 3.5 underdogs.
    NDSU is the underdog?

  7. #97
    NDSUBowler's Avatar
    NDSUBowler is offline Senior Member Gets their mail at the West Parking Lot
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    Default Re: Bison are 3pt favorites over ISU

    Quote Originally Posted by BisonNeil View Post
    NDSU is the underdog?
    Correct


  8. #98
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    Default Re: Bison are 3pt favorites over ISU

    Quote Originally Posted by BisonNeil View Post
    NDSU is the underdog?
    The line has moved 6 1/2 points I think.
    I have the honor to be Your Obedient Servant - B.Aud

    We all live in stories... It seems to me that a definition of any living vibrant society is that you constantly question those stories... The argument itself is freedom. It's not that you come to a conclusion about it. Through that argument you change your mind sometimes... That's how societies grow. When you can't retell for yourself the stories of your life then you live in a prison... Somebody else controls the story. - S. Rushdie

  9. #99
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    Default Re: Bison are 3pt favorites over ISU

    Quote Originally Posted by NDSUBowler View Post
    Correct

    Awesome!!!
    I don't care how the vote ended up. They still suck and always will.

    Official Unofficial President of the Bisonville Zach Vraa Fan Club.
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  10. #100
    Green1 is offline Senior Member Gets their mail at the West Parking Lot
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    Default Re: Bison are 3pt favorites over ISU

    Quote Originally Posted by BisonNeil View Post
    NDSU is the underdog?

    Mooohooooooohaawwwwwhaaaaawwwwhaaaaawwwwww! Excellent!

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