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I'm Putting $10,000+ on Mayweather vs Ortiz

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  • #41
    Originally posted by Horvo View Post
    By far the best bet for this fight is it going the distance at -140. PBF has only stopped one out of his last six opponents and has shown no interest in going for the KO in his last two fights. You bet $14k to win $10k. Way better bet than betting $14k to win $2k on PBF winning.
    Betting the UD would be better, as it very unlikely that is going to be a SD or MD.

    Some sites will offer this market.

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    • #42
      Personally I would never put money on those kind of odds no matter how much of a sure thing it seemed. This is boxing, and Floyd is human.

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      • #43
        Originally posted by hebi View Post
        Personally I would never put money on those kind of odds no matter how much of a sure thing it seemed. This is boxing, and Floyd is human.

        You should only bet what you are willing to lose.

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        • #44
          Originally posted by D4thincarnation View Post
          You should only bet what you are willing to lose.
          Yeah, that is always a good rule of thumb.

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          • #45
            Putting $1000 on Ortiz to beat the Cherry Picker, Putting $1000 that Crooked Judges will rob Ortiz similar to Castillo

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            • #46
              Appreciate the input and great info fellas.

              Honestly, over/under and Mayweather will win sound like steals. You can't go wrong.

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              • #47
                Anyone recommend any good sites based off experience

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                • #48
                  Originally posted by BoxingGenius27 View Post
                  Anyone recommend any good sites based off experience

                  Betfair.com

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                  • #49
                    Originally posted by BoxingGenius27 View Post
                    If the betting odds are 8-1 for Mayweather, how much profit will I get for putting $10,000 on Mayweather?

                    Also, how much do I need to put down to make a $10,000 profit?

                    This is my first time betting so I am new to how the odds work.

                    Help needed. Thanks in advance.
                    ---------------------------------------------------------------------
                    8-1 odds

                    Mayweather is -800 favorite; this is the same thing as $100/$800 (reward/risk)

                    So if you put up $10,000, you would win: ($100/$800)*($10,000) = $1,250
                    ***(reward/risk)*(risk) = reward***


                    To make $10,000 betting on Mayweather, you would have to put down:

                    (reward/risk)*(risk) = reward.......our final reward is $10,000 and our

                    (reward/risk) ratio is ($100/$800) so we rearrange to solve for the risk or amount that we have to spend:

                    risk = reward/(reward/risk)

                    risk = ($10,000)/($100/$800)

                    risk = $80,000, you have to spend $80,000 to win $10,000 by betting on Mayweather.

                    You could make $80,000 by only spending $10,000 by betting on Ortiz though.......

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                    • #50
                      Originally posted by BoxingGenius27 View Post
                      If the betting odds are 8-1 for Mayweather, how much profit will I get for putting $10,000 on Mayweather?

                      Also, how much do I need to put down to make a $10,000 profit?

                      This is my first time betting so I am new to how the odds work.

                      Help needed. Thanks in advance.
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                      AUDITING AND ACCOUNTING UNIT.
                      FOREIGN REMITTANCE DEPT.
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