How should bets chances work in betting house and activities betting

Sports Betting Explained This principle works if all the bets are the same or if they are all completely different. For example, let’s say these are the odds on an upcoming NFL football game. Bet #Bet AmountOddsOutcomeProfit/Loss1$20+140Loss(-$200)2$20-210Win+$9.523$20-280Win+$7.144$20-110Loss(-$200)5$20+225Loss(-$20)6$20-330Win+$6.067$20-275Win+$7.278$20-275Win+$7.275 wins? Even though your friend won several more bets than they lost, they still lost money. The implied…