Hi guys,

Thx for replying. I’ve been away for a few days and not had time to respond.

Taipan, okay, technically, it is correct…….but to a margin of 0.01% and to me, that is break even money. Which is why I kept getting odds that priced Howard in.

Although I fail to see how anyone would quibble over 0.01% (and in this case a mere $1) I do understand that on a pedantic level, it is correct. I thought that at least 5 to 1 would be required to put Lederer off and is why I personally assumed, off the top of my head, it would require a bet closer to $400.

However, just as I conceded to your breakdown, Bigslikk says it’s $231 as opposed to $281 and I’d like to know how there is a $50 discrepancy.



Robb,

Yeah, I understand what you say about 3 to 1 being ¼ and is something I mentioned in my posts. I prefer to look at the overall pot – including your bet – ($282 to win $1564) as this provides the “in” ratio rather than the “to” ratio. In my mind, it’s easier to 1/5 rather than view the more “separate” 4 to 1. ‘Cause overall, there’s 5 portions and you have one of them. And that’s why I rprefer to view it as betting $282 to win $1564 overall instead of calling $282 to win the $1282 already in the pot.

Horses for courses, I guess.