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** April Poker League Result : 1st Like2Fish, 2nd McG, 3rd andybell666 **

FatMark

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Posts posted by FatMark

  1. Re: Indian Premier League 2013

    can someone give me a bit of help on this' date='i bet on most 6s with laddies,2 way betting,anyway i expected it to be settled at half the odds but it has been settled as half the winnings giving me less than i staked,surely this cant be right,im sure ive had this problem before but cant remember the outcome,pretty sure laddies aint entitled to free money off every punter wwho backed in the sixes market.[/quote'] Dead heat rules you get back half the value of the betting ticket. So if you bet $100 at 1.90, the ticket value is $190, you get back half, $95, so a loss of $5. Bookies can't give you half the odds, because say someone had $100 on one side and someone $100 on the other side, both at 1.90, if they gave half odds they would pay out $145 to both punters, $290 in total but only held $200. The way it is they pay out $95 to both punters, a total of $190, the same payout in total for the bookie if either team had won. With dead heats, if your odds are less than $2 you will show a loss, which gets bigger the shorter the odds. For odds of greater than $2 you will show a profit.
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