Quote:
Originally Posted by terminator
How do these bets work: say I bet a against a team with a 100:1 odds of making the playffs with $100?
So I say team x is not going to make the playoffs while their odds of making the playoffs are 100:1 what would my return be?
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I don't believe you'd be able to make such a bet. You can bet on one team to win the Cup, but you can't bet against one team winning the Cup (essentially betting in favour of all the other 29 teams).
If you could make such a bet, you'd be risking $100 to win $1.