RIPPEN Posted December 31, 2006 Report Posted December 31, 2006 So whats the deal with odds.. Iam not big into betting but this other forum Iam on has it to where you can bet points on the UFC fight tonight.. For example one of them says: Chuck defets Tito 2/5 Tito defets Chuck 5/2 Just trying to catch up with the betting/gambling lingo and rules.. Thanks RIPPEN Quote
brian Posted December 31, 2006 Report Posted December 31, 2006 So whats the deal with odds.. Iam not big into betting but this other forum Iam on has it to where you can bet points on the UFC fight tonight.. For example one of them says:Chuck defets Tito 2/5 Tito defets Chuck 5/2 Just trying to catch up with the betting/gambling lingo and rules.. Thanks RIPPEN A bet on chuck pays 2 dollars for every five placed down if chuck wins. bet 100 dollars on chuck and chuck wins = 40 dollar payout bet 100 dollars on tito and tito wins = 250 dollar payout Quote
RIPPEN Posted December 31, 2006 Author Report Posted December 31, 2006 A bet on chuck pays 2 dollars for every five placed down if chuck wins.bet 100 dollars on chuck and chuck wins = 40 dollar payout bet 100 dollars on tito and tito wins = 250 dollar payout Oh ok.. I gotcha ya thanks man :beer: RIPPEN Quote
RIPPEN Posted January 1, 2007 Author Report Posted January 1, 2007 No, there wasn't any money.. On this other forum you get points for posting, how many hits you have on a topic you started, and I think a couple other ways.. Then you can make bets with that.. To be honest Iam not sure if they are good for anything other than fun and braggin rights.. Bit it was kinda fun and I did ok last night.. The one fight I had the best payout on lost but did ok with two other wins.. RIPPEN Quote
dawarriorman Posted January 1, 2007 Report Posted January 1, 2007 (edited) So whats the deal with odds.. Iam not big into betting but this other forum Iam on has it to where you can bet points on the UFC fight tonight.. For example one of them says:Chuck defets Tito 2/5 Tito defets Chuck 5/2 Just trying to catch up with the betting/gambling lingo and rules.. Thanks RIPPEN That shouldn't be possible though. You can't lose money betting like that. At the worst everyone bets on the same person and makes their money back. If any one person bets on someone else, then everyone else makes at least a little more than they bet. If your betting on odds less than 1:1, someone is screwing you. Edited January 1, 2007 by dawarriorman Quote
Animalman294 Posted January 2, 2007 Report Posted January 2, 2007 Uh Oh, truth be told................... :yelrotflmao: Quote
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