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Some questions about hedging in tournaments

Posted By: Bob Koca
Date: Thursday, 26 February 2009, at 3:42 a.m.

In Response To: Some questions about hedging in tournaments (Rich Munitz)

"My opponent soon found himself in a state of shock when he found out that the book also considered me a 2:1 favorite in the match. He was furious. However, he discovered that as a result of his underdog status, he could get better than even money on himself. He'll show everyone. So he pulled E500 out of his pocket handed it to Morton and bet on himself. In the end, he lost the match, got nothing, and was out an additional 500 Euro."

Do you know what odds he got for betting on himself?

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