alright, this is based on his example: tecmo -17.5 v. bearphins
the "-17.5" means that tecmo is favored to win by 17.5 points.
you have 3 ways to bet this, each with a % of winning and that also determines how much you get if you win.
the 3 ways you could bet:
1 - tecmo wins with the "over" or "covers"- means that tecmo wins by at least 17.5 points (18 in reality, since there is no half point)
2 - tecmo wins with the "under" or does not "cover" - means tecmo wins, but by less than 17.5 (16 or less in reality, again becaus eno half points)
3 - bearphins win "out-right" - means bearphins wins, and the over/under doesnt matter
now, as far as winnings go, they are usually close to the same for bets type 1 and 2, but 3 is usually a little better winnings.
to keep it simple, lets just say that bet types 1 and 2 are a 1-to-1 ratio, meaning that for every dollar (or chip) you bet, you get 1 back (along with your bet), and for bet type 3 there is a 1-to-2 ratio, meaning that for every dollar (or chip) you bet, you get 2 back (along with your bet)(the winnings ratios are usually a lot mroe in depth and confusing)
alright, so based on all this, this is how it works:
- my bet #1: (this is what i would post for my bet)
- "tecmo covers, 20" or "tecmo over, 20" - means i take tecmo winning with the "over" or "covers" and i bet 20 dollars/chips
- if tecmo wins by 18+, i win. if tecmo wins by 17- or they lose, i lose.
- my winnings (only if tecmo wins by 18 or more): 40 (original 20 that i made the bet with, plus 20 from the win)
- if i lose, im out 20 dollars/chips
- my bet #2:
- "tecmo under, 20" or "tecmo no cover, 20" - means you take tecmo to win, but by less than 17.5 points, and you bet 20 dolars/chips.
- if tecmo wins but by less than 17.5, i win. if they win by more than 17.5, or if they lose, i lose.
- my winnings (only if tecmo wins by less than 17.5): 40 (original 20 that i made the bet with, plus 20 from the win)
- if i lose, im out 20 dollars/chips
- my bet #3:
- "bearphins win out-right, 20" - means you take bearphins to win and the over/under (-17.5) doesnt matter, and you bet 20 dolars/chips.
- if bearphins win, i win. if they lose, i lose.
- my winnings (only if bearphins win): 60 (original 20 that i made the bet with, plus 40 from the win)
- if i lose, im out 20 dollars/chips
make since?