I just discovered the vBookie thingie on this site...

[Adam Locked]

Man it's super cool, I've always wanted to try "betting" on games but not using real money. Really neat, just wondering... do you really "win" points? I don't understand you put money in - but if you win you just win that money back? So you never really gain, you can only loose? Is that how it works, can someone better explain it to me, thanks!

 

[jwinslow]

(game bets) You bet against the spread... if you bet correctly, you double up on your money (that's what a 1/1 bet means). Sometimes there will be other bets with varying odds (like who will win a horse race, or who will score first in a game... etc).

 

[Adam Locked]

Oh ok, I understand how the betting against the spread works.

I'm just trying to understand the vBookie how it pays out. Example: I bet 50 vcash on the OSU game, so I see 50 vCash leave from my "points". And then if OSU covers the spread I'm going to win 100 points right?


Example I look at this from last season:
<table><tbody><tr><td class="alt1">adamones</td> <td class="alt1">1224</td> <td class="alt1">1/1</td> <td class="alt1" align="right"> (1.00) </td> <td class="alt1" align="right">1224</td></tr></tbody></table>
So I paid 1224, and then won the bet so I won 1224. Shouldn't I win 2448, if I won the bet and doubled my orginial?

 

[tedginn05]

Simply put, if you win a bet. You get back your original bet, plus what you bet. So if you bet 1000 and won, you get your original 1000 back and another 1000 for winning the bet. Of course if you lose the bet.....you don't get squat.

 

[Buckin' A]

Simply put, if you win a bet. You get back your original bet, plus what you bet. So if you bet 1000 and won, you get your original 1000 back and another 1000 for winning the bet. Of course if you lose the bet.....you don't get squat.

Somebody has been paying attention in General Math 2.

 

[Buckeyeskickbuttocks]

Oh ok, I understand how the betting against the spread works.

I'm just trying to understand the vBookie how it pays out. Example: I bet 50 vcash on the OSU game, so I see 50 vCash leave from my "points". And then if OSU covers the spread I'm going to win 100 points right?


Example I look at this from last season:
<TABLE><TBODY><TR><TD class=alt1>adamones</TD><TD class=alt1>1224</TD><TD class=alt1>1/1</TD><TD class=alt1 align=right>(1.00) </TD><TD class=alt1 align=right>1224</TD></TR></TBODY></TABLE>
So I paid 1224, and then won the bet so I won 1224. Shouldn't I win 2448, if I won the bet and doubled my orginial?

So, you discovered the vbetting last year.

Jwins is correct, you get your money back, and your winnings are the amont you bet. Just the way the system lists it. You're correct that the money in is double your bet, but your "winnings" are not the amount you wagered plus what you took from the house. I understand why you're looking at it like that, and at the end of the day, it's the same result. You bet 50, you win, you get 100.. the 50 you already had (Not considered winnings), and your "winnings" of 50.

Make sense?

In any case, so long as you're on the correct side of the bet, you'll always get your money back + how much you won by your wager.

 

[osugrad21]

Somebody has been paying attention in General Math 2.

Yay!!

Simply put, if you win a bet. You get back your original bet, plus what you bet.

....but obviously not as much in remedial English.

 

[Buckin' A]

....but obviously not as much in remedial English.

He's just on his period.

 

[tedginn05]

Yay!!




....but obviously not as much in remedial English.

Hey I was "almost" a 4.0 student last year in the final quarter. 3.83 to be exact, and yes one of those A's came in English. With a B in history.

 

[Buckin' A]

Hey I was "almost" a 4.0 student last year in the final quarter. 3.83 to be exact, and yes one of those A's came in English. With a B in history.

Teddy,

Your teacher must be eating paste because those 3 sentence fragments are littered with reasons why you should not even pass.

Rock the vote, kid.