I am wondering if it's true that you are always better with a higher payout of the odds. For example, is it better to bet when the odds are 1.5 and 2.5 than when the odds are 1.36 and 3 because the payouts are 93.75% and 93.58% respectively. But if that's true than betting when the odds are 1.001 and 101 would be great because the payout is 99.02%. That doesn't seem right to me so can someone explain. Thank you.
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I am lost.Comment -
noober, care to elaborate your question?"I have never seen a wild thing feel sorry for itself. A little bird will fall dead, frozen from a bough, without ever having felt sorry for itself."
- D.H. LawrenceComment -
Sorry for the confusion. Here is a hypothetical example:
You have a bet that Federer will win against Nadal with odds 1.5. The opposite odd is 2.5. If you bet on both sides so that you will win equal amount reagrdless of the outcome you will get 93.75% of your money back. (payout of 93.75%)
Now lets say the odds were 1.36 and 3. In this case the payout is 93.58%.
If the odds were 1.0001 and 101 the payout will be 99.02%.
So am I going to be better off if I just do bets when the payout is big.
Hope you understand it this time.Comment -
I think he is trying to ask if its better to bet on line that have lower profit margins. Dont focus on that, just try to get +ev bets placed.Comment -
Yeah, basically that's what I was asking.Comment -
Pick the winner which I have a hard time ever doing and it don't matter, but like i said I cant pick the winner in a one man race !!!!!!!!!!!!!!!!!!!Comment
