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re: LSU 9 to 1 Odds to Win BCS Title

Posted on 7/30/13 at 10:51 pm to
Posted by Nuts4LSU
Washington, DC
Member since Oct 2003
25468 posts
Posted on 7/30/13 at 10:51 pm to
quote:

I'm not even sure that LSU would be a good bet at 50/1. It's one of those bets that you just take since there is an outside shot imo. $200 wasn't much to drop down so what the hell.


Understandable, but 50 to 1 isn't a good percentage bet. If you were betting Kentucky at 10,000 to 1, you'd still be donating the same $200, but at least you'd get some major money if the miracle happened. $10,000 (50 to 1 with $200 bet) would be nice, but not life-changing, so I don't see the point of throwing away the $200. But who knows? The way things happen, the idiot who bets on LSU at 9 to 1 may win his bet.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
34322 posts
Posted on 7/30/13 at 11:35 pm to
Your odds are still better than gambling it away. We all blow money in our different ways. This definitely isn't the worst for me. The good percentage bets aren't worth the time value of money.
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