CyBookie betting odds question

Discussion in 'CF Archive Bin' started by iowast8fan, Dec 4, 2007.

  1. iowast8fan

    iowast8fan Well-Known Member

    Aug 3, 2006
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    Ankeny
    If I place a bet at 5/3 odds and it later drops to 1/2 odds, do I get paid for the original odds at which I placed my bet, or do the changes in odds after my bet affect my payout?
     
  2. chadm

    chadm Giving it a go

    Apr 11, 2006
    14,811
    455
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    Midwest
    The odds that you placed the bet stay with the bet. Changes are for future bets.

    Click cybookie on top line and then click the info about each betting thread. this will show you the bets by person and odds.
     
  3. whirlybirds

    whirlybirds Well-Known Member

    Oct 25, 2007
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    Knoxville, IA
    i had a question too. i placed a bet on the pats vs ravens game on monday night. i put almost all of credits on the pats. i must have thought i was just betting on the pats to win. did i really bet on the pats to cover the spread, and not make any credits since it was a close game? so if i bet on ISU tomorrow and say ISU is a 3.5 favorite, does ISU have to win by 4 or more points in order to win credits?
     
  4. chadm

    chadm Giving it a go

    Apr 11, 2006
    14,811
    455
    83
    Midwest
    The negative number or positve number needs to be subtracted or added to the score for each individual bet to see how you do.

    This is called a point spread, it is used to even the odds to 1/1 when one team is the favorite.
     
  5. 1100011CS

    1100011CS Well-Known Member

    Oct 5, 2007
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    I take it you're a big gambler:no:
     
  6. whirlybirds

    whirlybirds Well-Known Member

    Oct 25, 2007
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    Knoxville, IA
    nope. good thing im not, i never have any credits left. rather lose credits than real cash
     
  7. keepngoal

    keepngoal Jobless Jerk
    Staff Member Bookie

    Jun 20, 2006
    23,196
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    or give them to your favorite mod?

    - keep
     
  8. iowast8fan

    iowast8fan Well-Known Member

    Aug 3, 2006
    2,199
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    Ankeny
    #8 iowast8fan, Dec 5, 2007
    Last edited: Dec 5, 2007
    NICE. So, I placed a bet of 10,000 on ISU women making more than 5 threes at a payout of 5/3. Then the odds changed so I place another bet of 5000 on ISU women making 5 threes or less at a payout of 5/1. So I either make 16,666 and lose 5000 for a net gain of 11,666 OR I lose 10,000 and and win 25,000 for a net gain of 15,000. Either way, I have a net gain. Brilliant!
     
  9. chadm

    chadm Giving it a go

    Apr 11, 2006
    14,811
    455
    83
    Midwest
    You would be correct, the odds changed to try and get more action on the under.
     

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