Why aren't the bookies taking bets on the Klitschko-Gomez fight?
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Just change the "Odds" to decimal or fractional, instead of American. You bet 260 for Pacquiao to win 100, or bet a hundred for Ricky to win and you get 220 in return.
The over/under odds is 9 1/2 rounds...Comment
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See, the bookies won't just, say, 2 to 1, then people would expect to either plunk down 1 to win 2, or with the other guy, plunk down 2 to win 1, but that wouldn't do. They need a big spread so they can rake in the sheckels, and if they just came up front and said, OK you get 2-1 if you bet on A, but if you bet on B you don't get 1-2, you only get 1-4, so that's why they devised this confusing system of indicating the odds.Comment
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See, the bookies won't just, say, 2 to 1, then people would expect to either plunk down 1 to win 2, or with the other guy, plunk down 2 to win 1, but that wouldn't do. They need a big spread so they can rake in the sheckels, and if they just came up front and said, OK you get 2-1 if you bet on A, but if you bet on B you don't get 1-2, you only get 1-4, so that's why they devised this confusing system of indicating the odds.
At least there's no juice! LMAOComment
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Technically speaking NO, but in reality there is.
Boxing lines to not balance out so there is naturally created "juice".
Say Vitali is -700 to win the fight, you don't get +700 on Gomez.
Instead Gomez will be +550 or thereabouts.
the difference between the -700 favorite and +550 underdog represents the "juice"Comment
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