Monday, September 4, 2023

Betting Lines

In USA, you can bet on almost anything. The betting odds will go up or down depending on the situation. Once you bet for a certain odds, that is yours and the up/down change will not affect your bet. Here are some interesting bets on American Presidential election as of right now.  (Low number is favorite)

Republican Party Nomination: 

Trump -330 (if you bet $100, you win $30) 
Ramaswamy +500 (if you bet $100, you win $500) * 
DeSantis +800 (if you bet $100, you win $800) 
Haley +3300 (if you bet $100, you win $3300) 

Democratic Party Nomination:

Biden -275 (if you bet $100, you win $36) 
Newsom +600 (if you bet $100, you win $600) ** 
Mrs. Obama +900 (if you bet $100, you win $900) 
Kamala Harris +1800 (if you bet $100, you win $1800)

 • A month ago, Ramaswamy was +2000. At that time, I bet $10. Now his odds have improved to +500 

** A month ago, Newsom was $500. At that time, I bet $10. Now his odds have slightly downgraded to +600 

My opinion is neither Trump nor Biden will win their party's nomination.

Even though USA is not a cricket playing nation, there is active betting going on for ODI world cup. Here are the odds, India being favorite.

India +225 
England +300 
Australia +400 
Pakistan +700 
New Zealand +750 
South Africa +1000 
Sri Lanka +2500 
Afghanistan +4000 
Bangladesh +5000 
Netherlands +75000 

I bet a very small amount on 2 teams to win.

14 comments:

  1. Your opinion that neither Trump nor Biden will get party nomination. Similarly, my opinion is India will not win World Cup in ODI. The way in which they played (batting) against Pakistan and bowling against Nepal will clearly demonstrate where they are. Hope you didn't bet on India. Good luck.

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    1. Thanks for your comments seema. I really like your observations. Though you are commenting on my posts for many years, I don't know your contact email address. My email address is in my blog page. Please contact me and we will discuss offline. You are correct about my cricket betting.

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    2. Seema, in case you live in USA, we will talk about NFL and NCAA.

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  2. This is an Interesting way to predict. Where do you get such data from?

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    1. Thanks for your comments Rajesh. There are many bookies in USA. You go to their website and bet money.

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  3. Interesting. I don't understand the concept of "Low number is favourite"

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    1. Thanks for your comments Gowri. Let me explain. Let us take ODI cricket odds. India is +225. That means if you bet $100 for India to win and if India wins you win $225. England is +300. If England wins for $100 you win $300. If Netherlands win for $100 you win $75,000. Now you get it?

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  4. Thanks for explaining the betting algorithm. I don't think I could grasp Trump and Biden calculations.

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    1. Thanks for your comments Kirtivasan. Both Trump and Biden are favored to win their party nomination.

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  5. Quite interesting how the odds change. This election is going to be quite interesting, unlike the one in India, where everyone knows what the outcome will be.

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    1. Thanks for your comments Pradeep. Yes, going to be very interesting.

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  6. Betting games are risky!
    No one knows who will win. There may be last minute upsets.
    The winning horse may be defeated by different tactics.
    As long as we do not lose money, all is well!

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