Two Plus Two Older Archives - Am I Missing Something Here?

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- - Am I Missing Something Here? (http://archives2.twoplustwo.com/showthread.php?t=397528)

12-13-2005 11:00 AM

Am I Missing Something Here?

Last night a buddy of mine showed me a side bet you can make on Party Poker. Before you see any cards you can make a side bet on whether the flop will be all red or all black (you choose one). The payout is 8:1 but I calculated that the odds against this bet to be 7.5:1. Is there something wrong with my math? I can't imagine Party would give you the odds to make this bet. Or is Party only giving you 7:1 on your money and is including your bet as part of the payout?

LetYouDown

12-13-2005 11:10 AM

Re: Am I Missing Something Here?

Search function is your friend. It has everything to do with the wording. Keyword: "for".

12-13-2005 12:41 PM

Re: Am I Missing Something Here?

I didn't see anything that looked like an answer when I used the search.

elitegimp

12-13-2005 01:32 PM

Re: Am I Missing Something Here?

the pay out is 8 FOR 1, not 8 TO 1, so you are getting 7 TO 1 making it a bet that favors the house.

If you search for "Party Side Bet" or something, you should see a ton of threads about it.

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