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  #1  
Old October 18, 2004, 09:11 PM
rafiq rafiq is offline
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Default Riskless bet on Bet365

Bet365 has a book open on Rajin Saleh vs Habibul Bashar as to who will score more runs in the first test. Odds on rajin are 1/1. With bashar out of the test, it seems like a riskless way to double your money. You have 49 minutes to place your bets on this and other open books on the match. Odds of a draw are 6/1 I think.
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  #2  
Old October 18, 2004, 09:32 PM
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Mahmood Mahmood is offline
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1/1 is dollar for dollar. So if you put 10 dollars, you will get back that 10 dollar.

No profit minus the house fee.
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  #3  
Old October 18, 2004, 10:12 PM
rafiq rafiq is offline
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i had closed my account down earlier in the year so couldn't place the bets anyway. i think whatever the odds were on rajin you could make money since bashar was out - they must have figured out what was going on and reduced the odds at the last minute. are you sure about 1/1. e.g 9/2 was the odds on the draw and that means 4.50 for each dollar. So does that mean you get back 4.50 + 1 (the dollar you bet) = 5.50, or do you just get 4.50? With 1/1 don't you get back 2 (or do you get 1?) There are odds for 8/11 for example - you get pennies on the dollar in that case but you get back the original dollar plus those pennies. Or am I wrong on this?

Edited on, October 19, 2004, 3:14 AM GMT, by rafiq.
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  #4  
Old October 18, 2004, 10:15 PM
rafiq rafiq is offline
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never mind, raj, you're right!
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  #5  
Old October 18, 2004, 10:22 PM
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Rubu Rubu is offline
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i think its a good idea to stay away from gamble at the first place. regardless.
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  #6  
Old October 18, 2004, 10:27 PM
rafiq rafiq is offline
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Thanks for the unsolicited advice. Thankfully I haven't "gambled" since we would assemble in the little room behind the Dhaka College cafeteria, back in the day, else I would be really offended.
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