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stupid question but please answer

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  • stupid question but please answer

    hey im trying to understand something. If a team is -160 i know that if you bet 160 you will win 100. Now by using a calculator what must i do to determine exactly how much i get if i bet just say $55 for example?
    The Mullet
    Regular play= 5% of bankroll 13-3
    Medium Play=10% of bankroll 4-3
    Strong play=20% of bankroll 10-5
    YTD= 27-11 +160%

  • #2
    160/100 = 55/?
    55x100/160= $34.38

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    • #3
      Originally posted by themullet
      hey im trying to understand something. If a team is -160 i know that if you bet 160 you will win 100. Now by using a calculator what must i do to determine exactly how much i get if i bet just say $55 for example?
      100 divided by 160 and times by 55
      Last edited by Softball Rules; 04-06-2007, 01:20 PM.

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      • #4
        thanks guys
        The Mullet
        Regular play= 5% of bankroll 13-3
        Medium Play=10% of bankroll 4-3
        Strong play=20% of bankroll 10-5
        YTD= 27-11 +160%

        Comment


        • #5
          Originally posted by Softball Rules
          100 divided by 160 and times by 55
          exactly.....

          Take the 100 and add a 0 to enable you to divide 160 into it....

          thus: 1000 divided by 160 = 6.25....

          Now take the amt wagered $55 times that and you get 34.375...

          Rounds off to 34.38.....

          Thanks both of you guys for helping out....kapt

          PS---not a stupid question at all.....I'm sure many others will benefit from this formula....One only learns by asking, comprehending, and retaining....kapt
          Last edited by Kaptain; 04-06-2007, 01:30 PM.


          Don't make me go Cajun on your Ass!

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          • #6
            isn't it nice to have accountants on board for us
            I AM A NITWIT

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            • #7
              If you have an offshore, just click in "Risk"(in your case $55 or what you want to risk)for the team in question, and the site will tell you how much you will win if you choose to bet.
              Last edited by savage1; 04-06-2007, 02:49 PM.

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