<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR> Fish, you're a great mod, and I really like you. But with all due respect, you're wrong here, and there is nothing funny about it. Sure, the odds are 7-1 if you have juice-Bonus Betting. 100 wins 100, 200 wins 200, then 400 wins 400 for 800. 800 -100 of it that is yours nets you 700 won. But nobody has juice Bonus Betting, except for the game of the week on V-Wager. Whether or not it is against a pointspread or not is irrelevant. <HR></BLOCKQUOTE>
actually, IMO, Fish is right....when fish is talking about 'true odds' he is talking about the likelehood of the event happening....The likelehood of being able to predict three games against the spread is 7-1....
The likelehood of picking 1 game against the spread is 50/50.
Bookies will usually Pay 6-1 even though the likeelyhood is 7-1, that is how the bookie makes money.
In the case of a straight bet a Bookie will pay you roughly 91$ on a 100$ wager...even the odds of picking the game against the spread is 50/50. Again this is how they make their money....
Like fish is saying, I think we are all arguing the same thing, however it is the definition of 'true' odds that we are disagreeing on.