As most of you know, the World Series starts tomorrow night. And as ALL of you know, I've been known to place a wager or two every once in a while (or pretty much all the time!) So it stands to reason that I'm going to have a vested interest in who wins the series. I looked at the odds and they're not making any sense to me. The Rockies are +250 to win the series, whereas the Red Sox are -250 to win. Here's what that means. If I bet $10 on the Rockies to win and they do, I'll win back my original $10 plus another $25. So I'd be betting $10 to win $35. But if I bet $10 on the Red Sox to win and they do, I'd win my original $10 plus only $4, or betting $10 to win $14. Hmmm... let's think about this. The Rockies have won 21 out of their last 22 games, they haven't lost a playoff game all year, and they're well rested, as they just had a week off, while the Red Sox barely beat the Indians 4 games to 3 to make it to the World Series, and will only get a couple days off before having to play again. And they're giving me and extra $25 If I bet on the Rockies and they win? Call me stupid, but I'll take that bet! I know that when things seem too good to be true, they usually are, but this defies all logic.
Remind me to commiserate with you when the series is over and I've lost my money...
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2 comments:
So is that bet still a good idea.
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