this post was submitted on 17 Jul 2024
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I don't bet/gamble and have no idea what this means lol I have never understood the betting ratio thing "2 to 1". Like, is that in favour of trump or against? No clue lol.
I think when it's phrased like that, it means in favour of whoever was mentioned. Based on the phrasing, I take it the consensus is that for every 4 people who like (or perhaps bet?) on Trump, 1 likes (or bets) on Biden. I think
It's like rolling a five sided dice, four faces are trump; and if you bet $100 on trump to win, and he does, your profit would only be $20
I see! Thank you! Explained like that it makes sense! I will try to store this information in my brain hahah
Using that example, if someone bet $100 on Biden, would that mean they get $400?
Edit: no. Would that mean they would profit $80, and end up with $180?
You would end up with 400 assuming the betting companies didn't take commision, but they do.
No you'd end up with 500