Alright so betting to sides and whichever side wins is known as a scalp. But whats it called when you bet on both sides and if team A wins you break even and if team B wins you win X amount. Are there specific terms or names for these two diffrent ways?
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Originally posted by SBR_John -
I'm not aware of any special name used to describe such a situation. But what's in a name, anyway?Originally posted by AgainstAllOdds
Really, what you've described is just a linear combination of a scalp and a position bet.
So if you were to win $X in the event of a victory by Team A and breakeven in the event of a Team A loss, then you've in essence scalped Teams A and its opponent, and have an additional position over and above that scalp on Team A.
There are obviously many economically equivalent ways to look at it.Comment -
it is called free moneyComment -
FreerollComment
