Accounting question

powerz · Jun 5, 2018

Hi everyone - a question for you.

If you bet a $100 on a RL +120 and it loses you would track that as -100

If you bet a $100 on a RL +120 and it wins would you track it +120 +100 = +$220?

Thanks in advance looking forward to the responses

Enfuego · Jun 5, 2018

powerz said:
Hi everyone - a question for you.

If you bet a $100 on a RL +120 and it loses you would track that as -100

If you bet a $100 on a RL +120 and it wins would you track it +120 +100 = +$220?

Thanks in advance looking forward to the responses

Yes and Yes.

PatsFan1283 · Jun 5, 2018

RL = run line? Not sure why that matters as +120 is +120 whether it is a run line bet or dogfighting.

But if you win a +120 for $100 then that would be +120. You don't count the amount you risked in the + column.

Enfuego · Jun 5, 2018

PatsFan1283 said:
RL = run line? Not sure why that matters as +120 is +120 whether it is a run line bet or dogfighting.

But if you win a +120 for $100 then that would be +120. You don't count the amount you risked in the + column.

He's just saying he's walking away with $220. His bet + winnings.

PatsFan1283 · Jun 5, 2018

You won $120, therefore +120 is how you would track it.

Otherwise if you go 10-10 you're gonna be +2200 on the wins and -1000 on the losses when you're only up 200 bucks.

Enfuego · Jun 5, 2018

PatsFan1283 said:
You won $120, therefore +120 is how you would track it.

Otherwise if you go 10-10 you're gonna be +2200 on the wins and -1000 on the losses when you're only up 200 bucks.

I thought that was obvious. Maybe not?

fightgood · Jun 6, 2018

PatsFan1283 said:
RL = run line? Not sure why that matters as +120 is +120 whether it is a run line bet or dogfighting.

But if you win a +120 for $100 then that would be +120. You don't count the amount you risked in the + column.

I also wasnt sure what he meant by +220. I assume he is being overly clear that you dont lose your $100 stake. When you bet at a casino the ticket for a 100 bet says "pays 220".

powerz · Jun 6, 2018

PatsFan1283 said:
You won $120, therefore +120 is how you would track it.

Otherwise if you go 10-10 you're gonna be +2200 on the wins and -1000 on the losses when you're only up 200 bucks.

Bingo thanks...

been doing some work on Alternate run lines and just want to make sure I am calculating right