Thread: JFC
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Old 6th March 2007, 06:27 PM
mad mad is offline
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Join Date: Aug 2005
Posts: 898
Default JFC

Hi JFC,
Could you please provide some assistance with the following problem:

Team A can be layed at $1.40
Team B can be backed at $11
Team C can be backed at $5.1

If i wager $50 on both Team A and Team B to win, i have an average price of $8.05. Am i correct to suggest that i have an edge of approx 16% if i back both Team B and C over laying Team A.

I am of the opinion that Team A will not win. So if i am correct and Team A does not win, then obviously the "play" here is to back both the other teams to win.
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