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

B

Back2BackU-MnPride2002

New member
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:
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.
 
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^]
 
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?
 
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.
 
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.
 
Re: Just need your help for one minute, please, gotta figure this out, thanks.

LynahFan said:
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.
Click to expand...
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.
 
Re: Just need your help for one minute, please, gotta figure this out, thanks.

FlagDUDE08 said:
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.
Click to expand...
I think you made an assumption that the bet was in dollars. It could have been in potato chips. ;)
 
Re: Just need your help for one minute, please, gotta figure this out, thanks.

Back2BackU-MnPride2002 said:
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.
Click to expand...

You owe me $300.
 
Re: Just need your help for one minute, please, gotta figure this out, thanks.

Person A said they'd bet "100". So I take that to be the bet. If B wants 2 to 1 odds...they'd put up 50 against A's 100 they were willing to bet.

My question is, what happens in case of a shoot out?
 
Re: Just need your help for one minute, please, gotta figure this out, thanks.

wolverineTrumpet said:
Person A said they'd bet "100". So I take that to be the bet. If B wants 2 to 1 odds...they'd put up 50 against A's 100 they were willing to bet.

My question is, what happens in case of a shoot out?
Click to expand...

If there's a shootout, there's still a winner.
 
Re: Just need your help for one minute, please, gotta figure this out, thanks.

wolverineTrumpet said:
Person A said they'd bet "100". So I take that to be the bet. If B wants 2 to 1 odds...they'd put up 50 against A's 100 they were willing to bet.

My question is, what happens in case of a shoot out?
Click to expand...
Call 911.
 
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