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EV of odds bets in and of themselves are 0.

Posted By: Moose
Date: 7 Nov 01, 2:03 pm

In Response To: Also... (Walter Thomason)

.. that is, you either have a pass line bet of $X with EV of -1.4% and an odds bet of $2X with an EV of 0, *OR*, you have an OVERALL pass line bet of $3X with an EV of -0.4%

Make sense? You have to pay the vig on the pass line bet, but once you've made the pass line bet, then you can make an additional odds bet - the odds bet has an EV of 0, effectively "diluting" the overall advantage..

M.

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