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February 23rd, 2011 at 5:24:57 PM permalink
Lets say you were to place an equal amount of money on two different outcomes of a Baseball game. Yankees VS Red Sox.

Red Sox are the Underdog and are paying +120 on a money line wager.

The Yankees Run Line (-1.5) has them paying +130.

If you wagered $100 on both of these outcomes, there are 3 possible events.

Red Sox win the game, you profit $20

Yankees win the game by more than 1 run, you profit $30

Yankees win the game by exactly 1 run, you lose $200

By leaving just a crack for margin of error, how much are you at a disadvantage?
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February 23rd, 2011 at 7:12:34 PM permalink
This should help: https://wizardofodds.com/mlb
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