Kalshi x Jose Alvarado Finals Ticket Giveaway ๐จ
WIN TICKETS TO GAMES 3 & 4 AT MSG!
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2. Follow @KalshiSports
Winners announced June 5th. Good Luck!
@Terry_Balmer@landonjake24@danabeers@JoeDellera A +300 bet has 25% of winning $30k so the expected value of the bet is $7.5k
A +100 bet has a 50% of winning $10k so the expected value of the bet is $5k
Like I said originally, a win is a win and 9k is more money than he started with so congrats to him
@Terry_Balmer@landonjake24@danabeers@JoeDellera A straight bet isnโt a guaranteed win? He had ~50% chance of winning hence the lower expcted value. I understand the thought process but itโs still flawed and why sportsbooks donโt have an issue giving out Bonus Bets
@landonjake24@danabeers@JoeDellera Certainly true, $9k is a lot of money. But it was a Bonus Bet so he had zero risk. If offered the choice between a guaranteed $5k and a flip of a coin for $20k, he would probably flip the coin as most gamblers would/should.