question on a football bet

[dodgers]

I was wondering if someone can give me a true answer about football bet!
If you bet $300 on GB PACKERS -2 1/2 to win what would your return have been. Also if you bet $200 on the over (44) what would the return have been ?? Thanks for any answers I get to this !

[Chackiee]

Win $300.00-----Win $200.00

[dodgers]

so you saying the books pay even money odds on these bets!!!

[Chackiee]

Yes Sir, You Have To Lay -110 As Well

[dodgers]

ok what does that mean??

[Chackiee]

It Means You Risk $110.00 To Win $100.00

[Nijinsky]

As stated above, football bets are normally settled at -1.10, or you put up $110 to win $100.

Sometimes, though, this can shift by 10 cents, or more.
It's not a rip-off, as some bettors might think, but just a way to adjust to demand on a certain side, without moving the number.

So, to answer your question on specific payoffs:

$300 on the Pack -2.5 should return around $572 and some change.
Had you risked $330, you would get back $630 exactly.

$200 on the "over" would be calculated the same way, paying around $381.
$220 risked would have given you back an even $420.

Hope that helps!

Nice picking!

[dodgers]

Thank You that answer was very helpful and cleared up my question !!

[phonegirl]

The $10 is called the Vig.