Golf Betting Newb Learns Valuable/Expensive Lesson

[cincinnatikid513]

NO


you get what i posted above



any book not doing it this way is scamming

dont' see it rudy u can read the rules at the sportsbooks posted and clearly see the stakes are cut at most places i've very surprised somebody who is around golf so much like urself doesn't know about the dead heat rule

[RudyRuetigger]

rudy what happens when 2 horses tie for 1st place

are u trolling today jfc


Many bets can be subject to dead heat rules but we’ll start with a very simple example and the one where the rule was probably first applied. In a horse race, in the unlikely event of a dead heat – that is to say the horses cannot be separated even by a photo finish – dead heat rules will apply.
In effect, because both horses finished first they share first place between them. This means that half your stake is settled as a winner, whilst half is settled as a loss. If there are more than two horses involved in the dead heat then the bet is split proportionately, such that in a three way dead heat one third is settled as a winner and you lose two thirds of your original stake.

its just flat out wrong



i dont do horses


but golf is wrong and i would not accept a loss

[cincinnatikid513]

its just flat out wrong



i dont do horses


but golf is wrong and i would not accept a loss

i don't know what to tell u rudy

rules are rules

[RudyRuetigger]

i don't know what to tell u rudy

rules are rules

i see your point bro


but i do NOT agree with it

[RudyRuetigger]

How often is there a tie after 1st round especially?


pretty goddamn often

[cincinnatikid513]

How often is there a tie after 1st round especially?


pretty goddamn often

yah but most odds for 1st round leader are well over 10-1 odds so it's hard to lose money unless more than 10 people tie which is unheard of

[cincinnatikid513]

obv if ur betting live there is risk since odds will be lowered

[RudyRuetigger]

yah but most odds for 1st round leader are well over 10-1 odds so it's hard to lose money unless more than 10 people tie which is unheard of

so


$100 on rahm at +600

5 people tie including him



whats the return in a books "rule"?

[cincinnatikid513]

so


$100 on rahm at +600

5 people tie including him



whats the return in a books "rule"?

rudy this isn't 3rd grade math class it's common sense

100 divided by 5 20 dollars x 6 so u get 120 dollars plus ur 20 back u make 40 bucks

[RudyRuetigger]

i dont bet 1st round leaders


but lets compare the odds next week for first round with the overall tourney


since ties matter in 1st round it should be a huge difference

[cincinnatikid513]

it is what it is rudy

[Optional]

if 100 players tied my first round leader bet at a risk of 100, +150 odds (101 players total)


what do you think my payout should be?

1/100th of the stake wins, the rest loses.

What do you think the payout should be?

Imagine the bet is placed on an exchange, where every cent needs to be matched. The same pool of winning funds does not change whether 1 or 100 players lead round 1.


Why are you arguing so hard anyway. It's not what we 'think' it is, it's what the OPs book rules say it is.

[RudyRuetigger]

so clearly only PointsBet and Bet365 are the only ones not scamming people



otherwise this is a clear cut scam

[RudyRuetigger]

Why are you arguing so hard anyway. It's not what we 'think' it is, it's what the OPs book rules say it is.

because theyre scamming

[RudyRuetigger]

1/100th of the stake wins, the rest loses.


Why are you arguing so hard anyway. It's not what we 'think' it is, it's what the OPs book rules say it is.

because theyre scamming

maybe not???


fukk if i know

PointsBet	26.4%	Odds Cut
BetMGM	26.7%	No Dead Heat
Bet365	22.05%	Stake Cut

[RudyRuetigger]

maybe not???


fukk if i know

PointsBet	26.4%	Odds Cut
BetMGM	26.7%	No Dead Heat
Bet365	22.05%	Stake Cut

Bet365 will cut the odds, not the stake, for certain bets like first-round leaders.



yea books are clearly scamming

[RudyRuetigger]

this is even WORSE than "action" mlb lines

[Optional]

Imagine the bet is placed on an exchange, where every cent needs to be matched. The same pool of winning funds does not change whether 1 or 100 players lead round 1.

It's easier to understand what the 'normal' correct way to grade dead heats is in that context.

Books do have different dead heat rules though, partly because how often people lose their mind trying to understand it I guess.

The question gets asked over and again.

[RudyRuetigger]

Imagine the bet is placed on an exchange, where every cent needs to be matched. The same pool of winning funds does not change whether 1 or 100 players lead round 1.

It's easier to understand what the 'normal' correct way to grade dead heats is in that context.

Books do have different dead heat rules though, partly because how often people lose their mind trying to understand it I guess.

The question gets asked over and again.

I see your point and was wrong on general books, though I do not agree with their golf first round leader as opposed to a horse race.

a horse race ends...now, if there are bets for 1st quarter leader of the race...that is similar





Point 2, maybe people have a hard time understanding because 1. books are different (true as posted above by cincy) 2. books are scamming


I assume the hold on golf 1st round bets compared to tourney would be able to answer that, but it appears bet365 is only place to use my way of thinking with the correct lines?

[RudyRuetigger]

The thing is...in golf if you tie for 2nd with 5 people...you take the prize money for all and divide it evenly

[Optional]

The thing is...in golf if you tie for 2nd with 5 people...you take the prize money for all and divide it evenly

And that is what happens with a normal dead heat rule. The total amount of money that is paid out remains the same, just divided. The book is not making an extra profit when dead heats happen.

Bet365 has player friendly special rules in a bunch of sports.

In tennis with a retirement they void unders but pay out on overs if they could not lose if the match had played out normally.

In cricket they will void unders but payout overs for next wicket to fall totals, when no wicket actually falls.

There is probably more than a dozen examples like that there.

I like those rules, no one feels hard done by, but it's hard to say all the other books who dont grade the same way are scamming.

[RudyRuetigger]

but it's hard to say all the other books who dont grade the same way are scamming.

we need to find that info to see if they are

[Optional]

Think about it like this Rudy.

10 people bet on a race between 10 flies escaping a container.

Each person bets $100 on a different fly at 9/1 making the prize pool $1000

If they have a dead heat between 2 flies, I say normal dead hate rules are Half each bet wins and half each bet loses.

So from the $1000 each person gets $50 stake back plus their 9/1 profit of $450.

If they are both supposed to also get their $100 stake returned, where does the extra $100 come from?

[RudyRuetigger]

Think about it like this Rudy.

10 people bet on a race between 10 flies escaping a container.

Each person bets $100 on a different fly at 9/1 making the prize pool $1000

If they have a dead heat between 2 flies, I say normal dead hate rules are Half each bet wins and half each bet loses.

So from the $1000 each person gets $50 stake back plus their 9/1 profit of $450.

If they are both supposed to also get their $100 stake returned, where does the extra $100 come from?

Think about it like this Optional:


maybe the book shouldnt have laid those odds





WHAT IS THE HOLD overall

[slayer14]

Xander Schauffele choking

[RudyRuetigger]

im bumping this thread to admit you guys were right overall


HOWEVER

Think about it like this Optional:


maybe the book shouldnt have laid those odds





WHAT IS THE HOLD overall

can we get updates for 1st round this week compared with overall to win lines from a variety of books (include bet365)?



surely someone can import that very quickly or already knows the answer



this is different than horse racing

[cincinnatikid513]

too early for 1st round lines