Cubs interactive.......$19 to win $100?
- Thread starter yyz
- Start date
They post a line (9') for the total, and another for the game.
You can bet into either one.
The total line pretty much starts out at even money, and the book will change the price, as the game goes on.
There were 4 runs scored early. so the price on the "over" went up.
The price will go up and down, like the stock market, as the game goes on. At the end of the game, a "contract" is worth $100 or $0
So, when I was looking at it, the "under" was priced at $19/contract. Now, if you buy it at this price, and the total stays under 9', each contract is worth $100.
You can bet into either one.
The total line pretty much starts out at even money, and the book will change the price, as the game goes on.
There were 4 runs scored early. so the price on the "over" went up.
The price will go up and down, like the stock market, as the game goes on. At the end of the game, a "contract" is worth $100 or $0
So, when I was looking at it, the "under" was priced at $19/contract. Now, if you buy it at this price, and the total stays under 9', each contract is worth $100.
YYZ,
So as not to confuse the people that never played the IA's, you actually would have been risking $19 to win $81, since the RETURN on the contract is $100.
Fun stuff, I must say!
So as not to confuse the people that never played the IA's, you actually would have been risking $19 to win $81, since the RETURN on the contract is $100.
Fun stuff, I must say!
Correct........the "worth" of each winning contract is $100, so you would need to subtract whatever you paid to determine your profit.
