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Old 09-08-2006, 05:46 PM
Cunningham Racing
 
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Quote:
Originally Posted by Dunbar
Randall, I didn't mean to suggest you were purposely offering a bad bet to people. When I first looked at your offer, I couldn't immediately say either way whether it was attractive or not. It was only when I saw that Gameday had those futures up that I could see it wasn't "generous". In fact, your offer IS better than what one would get by betting at World Sports Exchange's futures. (wsex.com)

Here's how someone betting at Gameday (or its sister, VIPsports.com) could do better than your offer.

Bet $660 on Bernardini at 12-5. You collect $2244 if Bernardini wins.
Bet $300 on Invasor at 13-2. You collect $2250 if Invasor wins.
Bet $280 on Lava Man at 7-1. You collect $2240 if Invasor wins.

The total bet is $1240. The profit will be between $1000 and $1010, depending on which horse wins.

So, it would be risking $1240 to win $1000+. That's way better than putting up $1500 to win $1000.

--Dunbar

PS. Your point about some people not wanting to bet offshore is valid. And I am no fan of Gameday, despite their "A" rating at SportsbookReview.com.

PPS. Accept Revolution's offer as fast as you can!
Didn't break down the math like Dunbar - but you are right....nice job Dun!
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