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If someone is a -140 favorite and I bet one thousand on them to win, how much would I make? How much would I make if I bet five thousand?
$1000 on a -140 favorite means that you'll get $860 in return. The minus is there for a reason.
Isn’t it
$1000 bet
+140
1000 x 1.4 = 1400 win + total 1000 you bet = 2400 return including the 1000 you bet
-140
1000 / 1.4 = 714.29 win + total 1000 you bet = 1714.29 including the 1000 you bet
Or you lose an s you are out 1000
I don’t bet so I may be completely out to lunch.