tag:blogger.com,1999:blog-24009374.post5053698526013763577..comments2024-03-09T08:46:07.595-05:00Comments on The Mighty Quinn Media Machine: Answer Me ThisBklynSoxFanhttp://www.blogger.com/profile/17512844600688808055noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-24009374.post-6347502467982245692008-05-11T10:59:00.000-04:002008-05-11T10:59:00.000-04:00Thanks for that explanation, Jere. I always though...Thanks for that explanation, Jere. I always thought "the field" meant just one individual, not everybody.<BR/><BR/>I knew there had to be a logical explanation to that. Guess I was just too blind to see it...BklynSoxFanhttps://www.blogger.com/profile/17512844600688808055noreply@blogger.comtag:blogger.com,1999:blog-24009374.post-83566936170560647792008-05-11T01:32:00.000-04:002008-05-11T01:32:00.000-04:00As someone who was taken to Atlantic City twice a ...As someone who was taken to Atlantic City twice a year for family vacations growing up, I think I can explain your gambling question:<BR/><BR/>Each individual player in the field would have really high odds, like 100-1 or higher or whatever. So instead of having so many individual bets going up to astronomical odds (some of which, if they hit, could really hurt the house), they group all the players above a certain level into the field. Juts the fact that you're getting multiple players with your one bet improves the odds that you'll win, so they set the payoff lower.<BR/><BR/>(Think of it this way: If the star running back scores the first TD nine games out of ten, well, on the tenth time a direct bet on the guy who scores would be more impressive than if you'd bet 20 guys and one of them is that guy. Therefore the "field" doesn't pay you as much as betting that guy would, provided he's pretty shitty.)<BR/><BR/>And then the odds change depending on the action. The more people bet the field, the lower the payoff will be.<BR/><BR/>After reading your question again, I'm thinking maybe your confusion came from the fact that you didn't realize that when you bet someone in "the field," you get the whole field, not just the one guy. But I could be wrong.Jerehttps://www.blogger.com/profile/13448619048422750447noreply@blogger.com