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  • Just need your help for one minute, please, gotta figure this out, thanks.

    OK, I just need your opinion about something, I'll give you a short scenario and I'd like to know what you think, what your answer to the question is that follows the scenario.

    Person A says to Person B - I bet you 100 that your team, the IceDogs, will lose tomorrow.
    Person B says to Person A - I'm convinced IceDogs will win, but I'll only take U up on that bet if U give me 2 to 1 odds.
    Person A says to Person B - I accept those terms, I'll give you 2 to 1 odds.


    So, my question is, after the IceDogs lose the game, how much does Person B owe Person A?

    Option Z - 200
    Option Y - 100
    Option X - 50
    Option W - 0

    And if the IceDogs win, how much does Person A owe Person B?


    Your help by answering this question will be greatly appreciated. I came here, to this forum, because I needed unbiases sports fans opinions. Thanks.
    Last edited by Back2BackU-MnPride2002; 01-17-2013, 07:19 AM.

  • #2
    Re: Just need your help for one minute, please, gotta figure this out, thanks.

    You'll owe your North Dakota friend 100 after tomorrow's game.
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    • #3
      Re: Just need your help for one minute, please, gotta figure this out, thanks.

      Owe Gawd...
      'If a man wants to eat fried chicken, he's gotta get greasy.' - Kenny Rogers

      Fighting Sioux Hockey: Highest NCAA Playoff Winning Percentage

      There's no more pompous group of sports fans in the Twin Cities than hardcore followers of Gophers men's hockey. That makes it quite entertaining to see them in full pout after an unexpected elimination from the NCAA tournament. - Reusse

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      • #4
        Re: Just need your help for one minute, please, gotta figure this out, thanks.

        Nothing; betting on sports is illegal in 49 states.


        Powers &8^]

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        • #5
          Re: Just need your help for one minute, please, gotta figure this out, thanks.

          The bet was made out in Vegas while there on vacation. Does that make it ok for you to answer the question LtPowers?

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          • #6
            Re: Just need your help for one minute, please, gotta figure this out, thanks.

            To answer your question, the way sports betters phrase the bet is either "You must put up $200 to win $100", or "You must put up $100 to win $200". You've put $100 on the table at 2-to-1 odds against. This means that you must bet $100 to win $200. If you win, your $100 is returned to you, and in addition, you are paid $200. If you lose, your $100 is gone.

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            • #7
              Re: Just need your help for one minute, please, gotta figure this out, thanks.

              It's completely ambiguous. $200 up against $100 would be a 2:1 bet, as would $100 against $50 - it just depends which side of the bet you adjust when you change from 1:1 to 2:1.
              If you don't change the world today, how can it be any better tomorrow?

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              • #8
                Re: Just need your help for one minute, please, gotta figure this out, thanks.

                Originally posted by LynahFan View Post
                It's completely ambiguous. $200 up against $100 would be a 2:1 bet, as would $100 against $50 - it just depends which side of the bet you adjust when you change from 1:1 to 2:1.
                Yeah it's a very poorly made bet, which shows why neither person A nor person B should be betting on sports. But if I were asked to decide it I would conclude it's a $100/$200 wager.
                That community is already in the process of dissolution where each man begins to eye his neighbor as a possible enemy, where non-conformity with the accepted creed, political as well as religious, is a mark of disaffection; where denunciation, without specification or backing, takes the place of evidence; where orthodoxy chokes freedom of dissent; where faith in the eventual supremacy of reason has become so timid that we dare not enter our convictions in the open lists, to win or lose.

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                • #9
                  Re: Just need your help for one minute, please, gotta figure this out, thanks.

                  Originally posted by FlagDUDE08 View Post
                  To answer your question, the way sports betters phrase the bet is either "You must put up $200 to win $100", or "You must put up $100 to win $200". You've put $100 on the table at 2-to-1 odds against. This means that you must bet $100 to win $200. If you win, your $100 is returned to you, and in addition, you are paid $200. If you lose, your $100 is gone.
                  I think you made an assumption that the bet was in dollars. It could have been in potato chips.
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                  • #10
                    Re: Just need your help for one minute, please, gotta figure this out, thanks.

                    Originally posted by Ralph Baer View Post
                    I think you made an assumption that the bet was in dollars. It could have been in potato chips.
                    Win.
                    'If a man wants to eat fried chicken, he's gotta get greasy.' - Kenny Rogers

                    Fighting Sioux Hockey: Highest NCAA Playoff Winning Percentage

                    There's no more pompous group of sports fans in the Twin Cities than hardcore followers of Gophers men's hockey. That makes it quite entertaining to see them in full pout after an unexpected elimination from the NCAA tournament. - Reusse

                    Comment


                    • #11
                      Re: Just need your help for one minute, please, gotta figure this out, thanks.

                      Originally posted by Ralph Baer View Post
                      I think you made an assumption that the bet was in dollars. It could have been in potato chips.
                      Perhaps it was in Catland, where $ pertains to ounces of Meow Mix.

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                      • #12
                        Re: Just need your help for one minute, please, gotta figure this out, thanks.

                        Originally posted by Back2BackU-MnPride2002 View Post
                        Does that make it ok for you to answer the question LtPowers?
                        You obviously have no idea how this board works.
                        Uncle Mickey: July 23, 1950-July 22, 2003

                        WRPI, 91.5 FM...usually color commentary.

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                        • #13
                          Re: Just need your help for one minute, please, gotta figure this out, thanks.

                          Originally posted by jericho View Post
                          You obviously have no idea how this board works.
                          Does anyone?

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                          • #14
                            Re: Just need your help for one minute, please, gotta figure this out, thanks.

                            Originally posted by Back2BackU-MnPride2002 View Post
                            OK, I just need your opinion about something, I'll give you a short scenario and I'd like to know what you think, what your answer to the question is that follows the scenario.

                            Person A says to Person B - I bet you 100 that your team, the IceDogs, will lose tomorrow.
                            Person B says to Person A - I'm convinced IceDogs will win, but I'll only take U up on that bet if U give me 2 to 1 odds.
                            Person A says to Person B - I accept those terms, I'll give you 2 to 1 odds.


                            So, my question is, after the IceDogs lose the game, how much does Person B owe Person A?

                            Option Z - 200
                            Option Y - 100
                            Option X - 50
                            Option W - 0

                            And if the IceDogs win, how much does Person A owe Person B?


                            Your help by answering this question will be greatly appreciated. I came here, to this forum, because I needed unbiases sports fans opinions. Thanks.
                            You owe me $300.
                            **NOTE: The misleading post above was brought to you by Reynold's Wrap and American Steeples, makers of Crosses.

                            Originally Posted by dropthatpuck-Scooby's a lost cause.
                            Originally Posted by First Time, Long Time-Always knew you were nothing but a troll.

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                            • #15
                              Re: Just need your help for one minute, please, gotta figure this out, thanks.

                              Originally posted by jericho View Post
                              You obviously have no idea how this board works.
                              It doesn't. It's jacked up on cinder blocks in the dooryard.
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