Ruben still the betting favorite...

[TimTimSalabim]

http://tv.zap2it.com/news/tvnewsdaily.html?31385

[pudley4]

wsex.com contracts (price to win $100):
Ruben $50
Clay $50
Kimberly $8
Josh $3

So if I buy 2 Rubens ($100) and 2 Kimberlys ($16), then put down $70 on Clay (to win $122.50) at betwwts.com, don't I end up ahead no matter who wins?

Ruben wins, I win $200 - $186 = $14
Kimberly wins, I win $200 - $186 = $14
Clay wins, I win $192.50 - $186 = $6.50

So I get a 3.5% or 7.5% return on my money in less than one month. Good or bad idea?

[beernutz]

If Clay is paying 2:1 how do you get $192.50 from a $70 wager? Or do I need to take the fish hook out of my mouth?

[rusty JEDI]

Sure, put down a million and watch Josh win it all.

[TimTimSalabim]

According to the link I posted, Clay is 7:4 at betwwts.com, whereas Ruben is only paying 2:3, but at the other site, they're both paying even money. So, what he's doing is betting each contestant at the site with the more favorable odds. Yes, this should be a guaranteed moneymaker as long as you do it quickly enough before everyone starts doing it and the odds change again. This sometimes happens in sports betting where different casinos have different lines on the same game, but it doesn't last for long. And yes, you might want to wager the appropriate percentage on Josh just to be safe.

[beernutz]

Thanks, I didn't catch the fact that there were 2 sports betting sites involved.