Soap Making Secrets

Serious sports bettors often dismiss futures wagers as sucker bets targeted at ‘squares’ looking for a huge payoff. For example, a typical futures ‘sucker bet’ would be something like betting that Harvard will win the NCAA basketball tournament at 500/1 odds. Sure, the potential payback is huge but here’s the problem–the “right odds” of Harvard winning the NCAA hoops tournament are astronomical, and certainly well in excess of 500/1. That means that from the outset this bet represents a poor wagering value.