What are the true odds

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • DOMINATER
    SBR MVP
    • 12-10-09
    • 3698

    #1
    What are the true odds
    When you make a bet, lets say new orleans is playing the COLTS for the superbowl. Lets say the line is a pick, does this mean you have a 50 percent chance to win. LETS TAKE THE SAME GAME , but its next year and the line is 7 points and new orleans is favored there are two teamsone must win ,because of the 7 point spread are the odds of winning still 50/50? IF YES CAN YOU EXPLAIN IF NOT CAN YOU EXPLAIN THANKS
  • DOMINATER
    SBR MVP
    • 12-10-09
    • 3698

    #2
    I noticed no answer yet thanks keep looking for answer
    Comment
    • Dunder
      Restricted User
      • 10-26-09
      • 3345

      #3
      There isn“t really an answer to your question. If the game is a pick, then yes it will be very nearly 50/50 unless the entire markets has things very wrong.

      Where there is a significant spread (like 7 in NFL), it will normally, but not always be the case that there is a bias towards the favourite. Historically more than 52% of 4+ point underdogs in the NFL manage to cover the spread.
      Comment
      • floridagolfer
        SBR MVP
        • 12-19-08
        • 2757

        #4
        When you change the odds in your example to a 7-point spread, are you asking about the chances of winning the game or winning a wager? They're two different things.
        Comment
        • u21c3f6
          SBR Wise Guy
          • 01-17-09
          • 790

          #5
          Assuming the line is accurate, pick means that there is a 50-50 chance that either team will win. If the line is 7 points, then there is a 50-50 chance (leave push out of the calculations) that NO will win by more than 7 points but the chance of NO to win the game is greater than 50-50.

          Joe.
          Comment
          • THE PROFIT
            SBR Posting Legend
            • 11-27-09
            • 17701

            #6
            WOW!
            Comment
            SBR Contests
            Collapse
            Top-Rated US Sportsbooks
            Collapse
            Working...