Quote:
Originally Posted by Jolldo87
So for example if the Wizards were 5/2 then the Kings should be 2/5?
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For equity with the bookies having no take, then that's exactly right!
In an equity situation you can wager on both and break even, so at 5/2 you put $100 on the win and get a potential return of $350, and putting $250 on at 2/5 you would get $350 back, meaning a total outlay of $350 and a guaranteed return of $350 either way.
A slight bookie edge is fine, but when you only offer 3/2 against 2/5 its a massive bookie take, worse than the real TAB's!