[M.B.E.]

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Hi all,

I just ran across this promotion:

A betting site online offers a 25 % rebate on my next wager. Meaning, if I opt to wager 100 on a given bet, I get 25 back.

Now, here is my question: do I go for a long shot or an even money bet if I want to maximize my expectation?


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Not sure if I understand this. Will you get the rebate regardless of the success of the underlying bet?

If the promotion is that you get 25% back on your next bet if it loses, then you'd want to go for the longshot.