Posted:
#1
Sport doesn't (shouldn't!) matter here. Team A is the favorite, Team B is the underdog, and a betmaker has offered a spread bet with the following characteristics:
Pretend a whopping total of 4 bettors place bets here:
- 8-point spread
- -110 to bet for Team A
- +110 to bet for Team B
- Bet limit is $25
Pretend a whopping total of 4 bettors place bets here:
- Bettor 1 (B1) bets $10 on Team A
- Bettor 2 (B2) bets $15 on Team A
- Bettor 3 (B3) bets $25 on Team A
- Bettor 4 (B4) bets $25 on Team B
