I'm saying out of all the times 83% of the money is on one team, if that team wins 17% of the time it comes out even.
For example, let's say a bookie takes in $83 on Team A and $17 on Team B and there are 100 games like this. If the team with 83% of the money wins 17 of those games he pays out 17 X $83 = $1411. That would mean the team with 17% of the money would win 83 of those games and he collects 83 X $17 = $1411. Of course this isn't counting the vig.
This is also not saying that the percentages we see are actual money percentages. I was just saying that with these lopsided percentages there must be much more than half of the money on the 83% team.
For example, let's say a bookie takes in $83 on Team A and $17 on Team B and there are 100 games like this. If the team with 83% of the money wins 17 of those games he pays out 17 X $83 = $1411. That would mean the team with 17% of the money would win 83 of those games and he collects 83 X $17 = $1411. Of course this isn't counting the vig.
This is also not saying that the percentages we see are actual money percentages. I was just saying that with these lopsided percentages there must be much more than half of the money on the 83% team.
