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0 Subject: Scoring Question

Posted by: bookie
- [542381813] Sat, Mar 18, 13:56

I shorted Duke and don't expect them to lose until they play temple in the Round of 8. If that happens what will there total score be assuming they play the 4 seed in the Sweet 16? I'm really having a hard time figuring out the scoring. Maybe if someone walks me through this example it will help. Thanks...
1Guru
      ID: 330592710
      Sat, Mar 18, 16:37
Duke scenario -

Price: $20
Beats Lamar(16)   +$1
Beats Kansas(8)   +$9   [=17-8]
Beat Illinois(4)   +$13   [=17-4]
Loses to Temple(2)   -$16   [=-(17-1)]

As a short, your net return is +$13   [=20-1-9-13+16]

If they beat Florida(5) instead, your net return is +14.
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