Super Saver prop bet
DiscreetCat
Moderator
Ran across this prop bet last night:
Will Super Saver win the Triple Crown in 2010?
Yes +450
No -800
Will Super Saver win the Triple Crown in 2010?
Yes +450
No -800
Comments
you put 800 that he wont win and you get back 900. which is 100 dollar profit
Almost correct, but i think you misspoke on the first one. Bet $100 to win $450, so you would get back $550.
To put it in horseracing terms, the "Yes" is 9/2, while the "No" is 1/8.