Quote:
Originally Posted by CSC
You obviously don't understand, the bet is based on if Zenyatta wins or loses. The taker is betting to that she will lose. How does this equate to a win bet for the taker?
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I used the example of Betfair - where one person takes the win side of something and the other takes the losing side. They're booking a win bet--or "laying" her odds to win. My point was that nobody would book odds on her to win that are that far away from her tote odds.
You responded by saying that what I was describing was somehow not the same thing. Well, it is the same thing--someone is laying the 10-1 (in your example, I guess, it's the bettor) and someone is backing at 10-1 (the house in your example). There is no difference between the "house" in your example (you never spelled things out this way, but I'm doing my best to decipher your inanities) and the layer in mine.