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post #18 of (permalink) Old 12-28-2012, 09:50 AM
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Re: Do you agree with current Australian Open odds?

Quote:
Originally Posted by djokovicgonzalez View Post
So if I were to bet a million dollars on "not Janowicz" what'd i get?
Betting against events happening ("laying") requires a lot of money - especially at Janowicz's odds because he is 130/1 on to win but 160/1 against - for very little gain. If you wanted to lay $1m against him winning it - this is your overall liability - you'd only win around $6,300 on top of your original stake (as you have to cover it 160 times).

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