Last night we were watching the MNF game when a buddy of mine started going off on the Texans and how they will be trash this year. Me, being the Texans fan that I am, defended the team all the way to the end. This is when he gives me an offer I could not refuse....
Basically he tells me the Colts will end up with the better record then the Texans this year ( which quite possibly can happen) and wants to bet me on it straight up...I told him he was giving me horrible odds and I would never touch it....Thats when I told him that if the Colts have the better record I would pay him $500, but if for any reason the Texans come out and have the same or better record then the Colts he has to pay me 10-1 odds on that, meaning $5,000. He was estatic to take the bet and I couldnt refuse the odds so we shook....
1) Am I getting good odds on this wager
2) Do I have a shot to win it?
Thanks guys
Basically he tells me the Colts will end up with the better record then the Texans this year ( which quite possibly can happen) and wants to bet me on it straight up...I told him he was giving me horrible odds and I would never touch it....Thats when I told him that if the Colts have the better record I would pay him $500, but if for any reason the Texans come out and have the same or better record then the Colts he has to pay me 10-1 odds on that, meaning $5,000. He was estatic to take the bet and I couldnt refuse the odds so we shook....
1) Am I getting good odds on this wager
2) Do I have a shot to win it?
Thanks guys