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10-18-2003, 09:03 AM | Topic Starter |
MVP
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Stupid question on the gambling thread........
What is the money line............??????
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11-01-2003, 11:33 PM | #2 |
Brrrrr.....
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I don't think it's a stupid question. Is there a "gambling for dummies" laying around?
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11-02-2003, 08:46 AM | #3 |
www.nfl-forecast.com
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There is another thread on this page about the money line, but I don't think those answers are correct. My understanding is that the negative number is how much money you have to lay down to win $100. The positive number is how much money you win if you lay down $100. Kind of confusing, but I think that is correct.
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11-02-2003, 10:34 AM | #4 | |
Fall down 7 times, get up 8
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Quote:
Anything you bet on a negative moneyline is divided by the percentage of the money bet. For example -180 would be the line. You place a $1000.00 bet and win. You would win $1000.00/1.8 = $556.00. You then subtract 10% for the house $556.00 - $56.00 = $500.00 Anything you bet on a positive moneyline is multiplied by the percentage of the money bet. For example +150 would be the line. You place a $1000.00 bet and win. You would win $1000*1.5 = $1500.00. You then subtract 10% for the house $1500.00 - $150.00 = $1350.00
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How strangely will the Tools of a Tyrant pervert the plain Meaning of Words! Samuel Adams |
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11-02-2003, 10:35 AM | #5 | |
Fall down 7 times, get up 8
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Quote:
__________________
How strangely will the Tools of a Tyrant pervert the plain Meaning of Words! Samuel Adams |
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Posts: 15,469
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11-04-2003, 07:12 AM | #6 |
Brrrrr.....
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err..... thanks. I think.
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