Posters,
Would like to take the time here and enlighten those that are not aware, to be very observant of the wording and the way odds are presented by a particular sportsbooks. This wording usually comes into play when discussing parlay and teaser odds.
Lets assume that sportsbook A is offering odds of 6 to 1 and sportsbook B is offering odds of 7 for 1 on a three-team parlay. Which is better? At first glance you may think the 7 for 1 is. Not so fast! Assuming a base bet of $100, 6 to 1 will give you $600 in WINNINGS for your $100 wager netting you $600. In the 7 for 1 example, you are getting back $700 for your original $100, thus WINNING the same amount as in your 6 to 1 wager. Be very aware of these to and for words.
So in recap, anytime a TO is used in the odds, that is the actual odds you will be receiving. When a FOR is used, they are adding your original wager into the equation. Thus, 7 for 1 is the exact same thing as 6 to 1.
Where this comes into play more places than any is on parlay and teaser cards. Especially in Vegas. However, online sportsbooks will and can use it in describing odds on anything! Note, they are doing nothing unetical of course, but by using the simple word FOR......it can make it appear that the odds are greater then what they actually are.
PAY CLOSE ATTENTION TO THESE ODDS BATPOSTERS......AND AS ALWAYS, GOOD LUCK.
Would like to take the time here and enlighten those that are not aware, to be very observant of the wording and the way odds are presented by a particular sportsbooks. This wording usually comes into play when discussing parlay and teaser odds.
Lets assume that sportsbook A is offering odds of 6 to 1 and sportsbook B is offering odds of 7 for 1 on a three-team parlay. Which is better? At first glance you may think the 7 for 1 is. Not so fast! Assuming a base bet of $100, 6 to 1 will give you $600 in WINNINGS for your $100 wager netting you $600. In the 7 for 1 example, you are getting back $700 for your original $100, thus WINNING the same amount as in your 6 to 1 wager. Be very aware of these to and for words.
So in recap, anytime a TO is used in the odds, that is the actual odds you will be receiving. When a FOR is used, they are adding your original wager into the equation. Thus, 7 for 1 is the exact same thing as 6 to 1.
Where this comes into play more places than any is on parlay and teaser cards. Especially in Vegas. However, online sportsbooks will and can use it in describing odds on anything! Note, they are doing nothing unetical of course, but by using the simple word FOR......it can make it appear that the odds are greater then what they actually are.
PAY CLOSE ATTENTION TO THESE ODDS BATPOSTERS......AND AS ALWAYS, GOOD LUCK.
