Someone explain "odds" to me...

Discussion in 'World Boxing Forum' started by mrtony80, Feb 10, 2010.


  1. mrtony80

    mrtony80 Likes thick chicks Full Member

    8,114
    390
    Sep 2, 2009
    Tyson was a 42-1 favorite over Buster Douglas...I do know this much - to make a $100 profit, one would have to bet $4,200. In other words, people who bet at least $4,200 on Tyson won $4,300. Not much at all. Not even worth the bet. But how much would someone have had to put on Douglas to make a profit? Is it as simplistic as this - you put down $1 on Douglas and win $42? Or, put down $100 and win $4,200? If so, oh, if I only had a time machine!

    Anyway, this might sound like a silly question, but I'm not too affluent in the betting game...maybe someone can enlighten me.
     
  2. Miles5149

    Miles5149 Boxing Addict Full Member

    3,822
    0
    Dec 30, 2007
    Let's do the odds for Pacquiao - Clottey

    Manny " Pac Man " Pacquiao
    -525
    Joshua " Grand Master " Clottey
    +350

    This mean if you put $525 on Pac and he wins you win $100. Put $100 on Clottey and you win $350.

    So if Douglas was a 42-1 underdog. That would mean $100 on him would win you $4200.
     
  3. IntentionalButt

    IntentionalButt Guy wants to name his çock 'macho' that's ok by me

    396,089
    78,340
    Nov 30, 2006
    You pretty much got it.

    "The opening line made Tyson a 35-1 favorite; someone reportedly wagered $70,000 to win $2,000. This forced the line upward until it settled at 42-1. There were reports that someone bet $100,000 somewhere between 35 and 42 to 1, hoping for a return of less than $3,000. The largest bet on Douglas was reported to be $1,500 at 38-1 odds which, when Douglas won, returned a tidy $57,000 profit."
     
  4. IntentionalButt

    IntentionalButt Guy wants to name his çock 'macho' that's ok by me

    396,089
    78,340
    Nov 30, 2006
    That poor sap who dropped 100k - how do you explain that to the wife? :lol:
     
  5. VanillaKilla

    VanillaKilla Boxing Addict Full Member

    5,611
    1
    Oct 31, 2008
    two sports you NEVERRRRR bet on are

    1. NFL - Any given sunday, sounds stupid, but goddamn its too true. :-(

    2. Boxing - Usually if you have good knowledge, you will be able to place a safe bet, but somtimes CRAZY ASS **** happens

    Stick to horse track

    Thats all mafia anways, so at least their is some kind of regulation and predictability as long as you know somone :hey
     
  6. VanillaKilla

    VanillaKilla Boxing Addict Full Member

    5,611
    1
    Oct 31, 2008
    LOL, remeber when hatton said "take out your mortgage and bet the house on me vs pac, there is no way i will lose" Ever since that statement, i have always seen hatton as a **** human.... because i know 1 POOR SOB put his house up for him:rofl:rofl:rofl:rofl:rofl:rofl:rofl:rofl:rofl:rofl
     
  7. Trixie

    Trixie Active Member Full Member

    1,356
    0
    Oct 11, 2009
    I used to gamble for a living. No one who knew what they were doing would ever event contemplate putting money at Tyson at the price, I can guarantee you. So the people that did were most likely high, high-rollers to whom the loss barely even registed. Even Pac over Clottey would be overlooked because at -300 or more it doesn't reflect a sound investment. For the record though, I am seriously looking at Pac by TKO.
     
  8. KO KIDD

    KO KIDD Loyal Member Full Member

    30,027
    5,550
    Oct 5, 2009
    You are exactly rite tho i have called several big upsets in boxing and after said **** i should have wagered
     
  9. KO KIDD

    KO KIDD Loyal Member Full Member

    30,027
    5,550
    Oct 5, 2009
    He could tell her it was a prostitute that would solve the wife and kids problem
     
  10. VanillaKilla

    VanillaKilla Boxing Addict Full Member

    5,611
    1
    Oct 31, 2008
    but how many times have you thought the name fighter will win, and some no name comes out of nowhere and turns into some kind of monster???

    Boxing is dumb to bet on because, The BEST fighter doesnt always WIN,
    the BEST boxer that NIGHT always WINS
     
  11. IntentionalButt

    IntentionalButt Guy wants to name his çock 'macho' that's ok by me

    396,089
    78,340
    Nov 30, 2006
    Not even.

    A sport with various degrees of "robbery" on an almost monthly basis doesn't get my hard earned cash trifled away on it.
     
  12. KO KIDD

    KO KIDD Loyal Member Full Member

    30,027
    5,550
    Oct 5, 2009
    I remember I called Maskaev Rahman 2 and if I remember properly the odds were way in Rahman's favor despite what happened in the first match

    But I never bet on any fights before and dont plan to drain a house on it.
     
  13. VanillaKilla

    VanillaKilla Boxing Addict Full Member

    5,611
    1
    Oct 31, 2008
    I forgot about that... That must be the most heart breaking situation of all...

    But you have to take it all in stride.. Boxing will NEVER get rid of the mafia, thank god at least today its not as bad as it used to be
     
  14. J.R.

    J.R. No Mames Guey Full Member

    15,033
    5
    May 26, 2008
    I never knew why people favored Rahman in that rematch so heavily. Maskaev hadn't had any great success in a while and neither had Rahman and just by seeing both men fight over the years they were about equal in ability so I saw it as a pck 'em kind of fight.
     
  15. KO KIDD

    KO KIDD Loyal Member Full Member

    30,027
    5,550
    Oct 5, 2009
    My guess is the belt and the fact that most felt he beat Toney.