Golf Betting Newb Learns Valuable/Expensive Lesson
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cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
#36Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#37rudy 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.
i dont do horses
but golf is wrong and i would not accept a lossComment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#40How often is there a tie after 1st round especially?
pretty goddamn oftenComment -
cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
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cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
#42obv if ur betting live there is risk since odds will be loweredComment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
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cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
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RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#45i 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 differenceComment -
cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
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OptionalAdministrator
- 06-10-10
- 61408
#47
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.Last edited by Optional; 02-06-21, 03:41 PM..Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#48so clearly only PointsBet and Bet365 are the only ones not scamming people
otherwise this is a clear cut scamComment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#50
fukk if i know
PointsBet 26.4% Odds Cut BetMGM 26.7% No Dead Heat Bet365 22.05% Stake Cut Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
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RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#52this is even WORSE than "action" mlb linesComment -
OptionalAdministrator
- 06-10-10
- 61408
#53Imagine 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..Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#54Imagine 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.
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?Last edited by RudyRuetigger; 02-07-21, 03:36 PM.Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#55The thing is...in golf if you tie for 2nd with 5 people...you take the prize money for all and divide it evenly
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OptionalAdministrator
- 06-10-10
- 61408
#56
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..Comment -
OptionalAdministrator
- 06-10-10
- 61408
#58Think 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?.Comment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#59Think 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?
maybe the book shouldnt have laid those odds
WHAT IS THE HOLD overallComment -
slayer14SBR Posting Legend
- 08-12-13
- 22010
#60Xander Schauffele chokingComment -
RudyRuetiggerSBR Aristocracy
- 08-24-10
- 65084
#61im bumping this thread to admit you guys were right overall
HOWEVER
surely someone can import that very quickly or already knows the answer
this is different than horse racingLast edited by RudyRuetigger; 02-08-21, 03:02 PM.Comment -
cincinnatikid513SBR Aristocracy
- 11-23-17
- 45360
#62too early for 1st round linesComment
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