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Gambling question (be gentle)

Blockorcharge

All-American
Gold Member
Jul 22, 2021
2,849
8,835
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Kansas City is currently +430 to win SB and Baltimore is +550

So, if I place a hundred on each, then if KC wins, I would win $330 ($430 for kc winning minus 100 for Baltimore not winning)

If Baltimore wins, I would win $450 ($550 for Baltimore winning - 100 for KC not winning)

Is this correct?
 
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