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I feel like I just won the powerball!!!!!!

I've done pretty good the last few weeks with the sportsbook. Since I'm essentially playing with the house's money I decided to take a chance yesterday. I took LSU for $100 at 100-1 odds to win the BCS championship game. I know nothing is set in stone yet but I probably won't be able to sleep at all tonight thinking of the prospect of winning $10,000. I hate that we had to back in, if in fact we get in at all, but when your talking about that kind of coin, i'll take it however I get it!!!image

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    I hope you do... to hell with Georgia!
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    perkdogperkdog Posts: 29,522 ✭✭✭✭✭
    image
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    stownstown Posts: 11,321 ✭✭✭
    Good luck.

    But hypothetically speaking if you were to win, hope you placed it in Vegas. Wouldn't surprised me a bit if an off-shore suddenly "lost" your account.
    So basically my kid won't be able to go to college, but at least I'll have a set where the three most expensive cards are of a player I despise ~ CDsNuts
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    perkdogperkdog Posts: 29,522 ✭✭✭✭✭


    << <i>Good luck.

    But hypothetically speaking if you were to win, hope you placed it in Vegas. Wouldn't surprised me a bit if an off-shore suddenly "lost" your account. >>




    Agreed.
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    BoopottsBoopotts Posts: 6,784 ✭✭
    Good luck with that bet. I hope it comes in for you.

    For future reference, a better way to play that probably would have been a parlay with Oklahoma and Pitt. moneyline bets, and then unloading the winnings from that bet on LSU if they find themselves in the BCS game. This gives you the flexibility of not betting the title game if you so desire.

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    stevekstevek Posts: 27,759 ✭✭✭✭✭
    <<< Since I'm essentially playing with the house's money >>>

    That's funny...the "house's" money. I guess all the money lost to the bookies prior to that doesn't count, hey? Ramblings of a gambling addict.

    And loads of longshots look good at the top of the stretch or even deep in the stretch and still don't win...so the perception and all the rest is basically meaningless. That being said, I can't stand bookies and always root for the gambler, no matter how hopeless it most certainly is in the long-run, so here's hoping you win the bet.

    If you're a "big player" at that particular book, you'll probably get paid, if you're not a big player what has already been mentioned could happen...and there's nothing you can do about it except for complaining in some sports gambling forum with the rest of the losers.



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    LSU was 100-1 when the year started?

    Am I speaking Chinese?



    image
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    BoopottsBoopotts Posts: 6,784 ✭✭


    << <i>LSU was 100-1 when the year started? >>




    Screw sports. That is an absolutely amazing muskie on your home page.
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    stevekstevek Posts: 27,759 ✭✭✭✭✭
    Well, LSU certainly wasn't 100 - 1 when the season started...listed below is the AP preseason pol.

    http://sports.espn.go.com/ncf/rankingsindex?seasonYear=2007&weekNumber=1&seasonType=2


    1. USC (62) 0-0 1,622
    2. LSU (2) 0-0 1,511
    3. West Virginia (1) 0-0 1,396
    4. Texas 0-0 1,375
    5. Michigan 0-0 1,371
    6. Florida 0-0 1,276
    7. Wisconsin 0-0 1,192
    8. Oklahoma 0-0 1,166
    9. Virginia Tech 0-0 1,148
    10. Louisville 0-0 1,031
    11. Ohio State 0-0 876
    12. California 0-0 790
    13. Georgia 0-0 782
    14. UCLA 0-0 605
    15. Tennessee 0-0 571
    16. Rutgers 0-0 560
    17. Penn State 0-0 542
    18. Auburn 0-0 519
    19. Florida State 0-0 392
    20. Nebraska 0-0 377
    21. Arkansas 0-0 376
    22. TCU 0-0 283
    23. Hawaii 0-0 256
    24. Boise State 0-0 187
    25. Texas A&M 0-0 162
    Others Receiving Votes
    Missouri 128, Georgia Tech 94, Boston College 75, Oregon 73, South Carolina 69, Miami (FL) 68, Alabama 66, Oregon State 42, Wake Forest 40, South Florida 28, Arizona State 17, Brigham Young 14, Southern Miss 12, Notre Dame 11, Virginia 7, Clemson 6, Oklahoma State 3, Texas Tech 2, Purdue 1, Houston 1, Kentucky 1, North Carolina State 1.
    Complete Rankings


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    They were 100-1 after they lost to Arkansas.

    Essentially for them to be in the Championship game, they needed:

    to beat Tennessee in the SEC champ game (-240)
    Oklahoma to beat Missouri in the Big XII champ game (-150)
    Pittsburgh to beat West Virginia (+4000) image

    Thus the parlayed odds of them getting in are about 93-1

    Then for them to win the game add another -240 and you get about 133-1

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    I didnt realize you could get in on a bet like that this time of the year, wow congrats.

    Yes, that Muskie was fun stuff. Now its below zero, hard water time!

    No candya@@'in here in Minnesota, while everyone is sippin starbucks sitting in the scented candle bathroom, we are still out fishin image
    Am I speaking Chinese?



    image
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    stevekstevek Posts: 27,759 ✭✭✭✭✭


    << <i>They were 100-1 after they lost to Arkansas.

    Essentially for them to be in the Championship game, they needed:

    to beat Tennessee in the SEC champ game (-240)
    Oklahoma to beat Missouri in the Big XII champ game (-150)
    Pittsburgh to beat West Virginia (+4000) image

    Thus the parlayed odds of them getting in are about 93-1

    Then for them to win the game add another -240 and you get about 133-1 >>



    So a quick analysis says getting 100 - 1 when the real odds are 133 - 1 is about a 30% edge for the books...perhaps only scratch-off lottery tickets are a bigger sucker bet.


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    AlanAllenAlanAllen Posts: 1,530 ✭✭✭
    Congratulations, Jason. Have you considered locking in your profits? If you bet the OSU money line (I don't know what it is, but if LSU is really -240 as posted below OSU should be about +220)... anyway if it is +220, you can bet $3k on OSU to win outright, so if LSU wins you net $7k and if OSU wins you net $6.5k. Just a thought.

    Joe
    No such details will spoil my plans...
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    << <i> So a quick analysis says getting 100 - 1 when the real odds are 133 - 1 is about a 30% edge for the books...perhaps only scratch-off lottery tickets are a bigger sucker bet. >>



    Technically, yes. The problem with parlaying them as Boo suggested and I calculated is that most people could not get the Pitt ML. The only I place I saw it was pinnacle, and since I'm American, I can't bet there.
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    CubbyCubby Posts: 2,096
    Hedge!!


    BTW: Cubby=Cub Fan
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    EstilEstil Posts: 6,922 ✭✭✭✭
    Good luck! Eh, if you win the $10K, mind if I get a share of it? image I mean, no hard feelings about when I bragged about us pwning you at Commonwealth Stadium, right? image
    WISHLIST
    Dimes: 54S, 53P, 50P, 49S, 45D+S, 44S, 43D, 41S, 40D+S, 39D+S, 38D+S, 37D+S, 36S, 35D+S, all 16-34's
    Quarters: 52S, 47S, 46S, 40S, 39S, 38S, 37D+S, 36D+S, 35D, 34D, 32D+S
    74 Topps: 37,38,46,47,48,138,151,193,210,214,223,241,256,264,268,277,289,316,435,552,570,577,592,602,610,654,655
    1997 Finest silver: 115, 135, 139, 145, 310
    1995 Ultra Gold Medallion Sets: Golden Prospects, HR Kings, On-Base Leaders, Power Plus, RBI Kings, Rising Stars
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    RipublicaninMassRipublicaninMass Posts: 10,051 ✭✭✭
    Since I'm essentially playing with the house's money

    THIS time listen to Stevek, you know it is bad if I agree with HIM image
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    stevekstevek Posts: 27,759 ✭✭✭✭✭


    << <i>Since I'm essentially playing with the house's money

    THIS time listen to Stevek, you know it is bad if I agree with HIM image >>



    I agree - good advice from that Stevek guy who is usually full of BS about his Eagles. LOL

    I would say if you hit on the 10K, then take the money and run, close all your bookie accounts and never make another sports bet with any bookie, because if you keep betting long enough and large enough, you know that sooner or later the book will win back the 10K. Unfortunately I've never known any gambler to quit gambling after a nice score like that. They get the complex that they are some superior genius sports handicapper blessed with good luck, and then one day they're staring at a 0 balance in their bank account wondering what happened?


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    perkdogperkdog Posts: 29,522 ✭✭✭✭✭


    << <i>
    I would say if you hit on the 10K, then take the money and run, close all your bookie accounts and never make another sports bet with any bookie, because if you keep betting long enough and large enough, you know that sooner or later the book will win back the 10K. Unfortunately I've never known any gambler to quit gambling after a nice score like that. They get the complex that they are some superior genius sports handicapper blessed with good luck, and then one day they're staring at a 0 balance in their bank account wondering what happened?- >>




    image
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    grote15grote15 Posts: 29,532 ✭✭✭✭✭
    Unfortunately I've never known any gambler to quit gambling after a nice score like that. They get the complex that they are some superior genius sports handicapper blessed with good luck, and then one day they're staring at a 0 balance in their bank account wondering what happened?

    image


    I've got a great idea! Let the 10K ride on the Mets winning the 2008 NL East title!! image


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    Your right cornholio. My book didn't have a money line on Pitt. But I did parlay OU, Pitt, and LSU ATS. Still a nice 6-1 payoff. I am not what I would consider a high roller with this book, but in four years they have never failed to pay up when I was ready to cash out. I just checked again today and the bet is still listed in my pending wagers, so no lost account yet!
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    << <i>Unfortunately I've never known any gambler to quit gambling after a nice score like that. They get the complex that they are some superior genius sports handicapper blessed with good luck, and then one day they're staring at a 0 balance in their bank account wondering what happened?

    image


    I've got a great idea! Let the 10K ride on the Mets winning the 2008 NL East title!! image >>




    Now that is sucker bet, any knowledgeable fan knows it will be Atlanta by 10+ games
    My baseball and MMA articles-
    http://sportsfansnews.com/author/andy-fischer/

    imagey
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    grote15grote15 Posts: 29,532 ✭✭✭✭✭
    Now that is sucker bet, any knowledgeable fan knows it will be Atlanta by 10+ games

    Atlanta?? Even the lowly Sillies have a better shot than they do! image


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    stevekstevek Posts: 27,759 ✭✭✭✭✭


    << <i>Unfortunately I've never known any gambler to quit gambling after a nice score like that. They get the complex that they are some superior genius sports handicapper blessed with good luck, and then one day they're staring at a 0 balance in their bank account wondering what happened?

    image


    I've got a great idea! Let the 10K ride on the Mets winning the 2008 NL East title!! image >>



    With that bet, might as well tell the guy to flush the 10K down the toilet.


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    << <i>

    << <i>Unfortunately I've never known any gambler to quit gambling after a nice score like that. They get the complex that they are some superior genius sports handicapper blessed with good luck, and then one day they're staring at a 0 balance in their bank account wondering what happened?

    image


    I've got a great idea! Let the 10K ride on the Mets winning the 2008 NL East title!! image >>



    With that bet, might as well tell the guy to flush the 10K down the toilet.


    - >>




    You guys down for a bet next season? Nothing big, sig lines, cards, small amount of $? Three way bet, winner of the East takes it?
    My baseball and MMA articles-
    http://sportsfansnews.com/author/andy-fischer/

    imagey
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    perkdogperkdog Posts: 29,522 ✭✭✭✭✭


    << <i>You guys down for a bet next season? Nothing big, sig lines, cards, small amount of $? Three way bet, winner of the East takes it? >>




    WHATEVER YOU GUYS DO, DONT INCLUDE JOESTALIN IN THIS!!!!!!!!!! He will not pay!!!
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    grote15grote15 Posts: 29,532 ✭✭✭✭✭
    You guys down for a bet next season? Nothing big, sig lines, cards, small amount of $? Three way bet, winner of the East takes it?

    I'm game, but I heard that SteveK is a real high roller!!


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    grote15grote15 Posts: 29,532 ✭✭✭✭✭
    << You guys down for a bet next season? Nothing big, sig lines, cards, small amount of $? Three way bet, winner of the East takes it? >>




    WHATEVER YOU GUYS DO, DONT INCLUDE JOESTALIN IN THIS!!!!!!!!!! He will not pay!!!


    image

    Funny how the biggest windbag of the board winds up being the welcher!! Guess it goes to show you...


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    you should bet a case of Welch's grape soda lol.
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    perkdogperkdog Posts: 29,522 ✭✭✭✭✭


    << <i><< You guys down for a bet next season? Nothing big, sig lines, cards, small amount of $? Three way bet, winner of the East takes it? >>




    WHATEVER YOU GUYS DO, DONT INCLUDE JOESTALIN IN THIS!!!!!!!!!! He will not pay!!!


    image

    Funny how the biggest windbag of the board winds up being the welcher!! Guess it goes to show you... >>




    Absolutely right! We cant run from who we are...........
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    stevekstevek Posts: 27,759 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Unfortunately I've never known any gambler to quit gambling after a nice score like that. They get the complex that they are some superior genius sports handicapper blessed with good luck, and then one day they're staring at a 0 balance in their bank account wondering what happened?

    image


    I've got a great idea! Let the 10K ride on the Mets winning the 2008 NL East title!! image >>



    With that bet, might as well tell the guy to flush the 10K down the toilet.


    - >>




    You guys down for a bet next season? Nothing big, sig lines, cards, small amount of $? Three way bet, winner of the East takes it? >>



    Bring up the sigline thing in spring training and I'm sure we can do it, that is unless Grote15 is too scared...after the Mets amazing collapse, I wouldn't blame him for being afraid.


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    grote15grote15 Posts: 29,532 ✭✭✭✭✭
    Bring up the sigline thing in spring training and I'm sure we can do it, that is unless Grote15 is too scared...after the Mets amazing collapse, I wouldn't blame him for being afraid.

    Me scared? What collapse? That was just the perfect set-up for our 2008 World Series run!!

    image


    Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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    stevekstevek Posts: 27,759 ✭✭✭✭✭


    << <i>Bring up the sigline thing in spring training and I'm sure we can do it, that is unless Grote15 is too scared...after the Mets amazing collapse, I wouldn't blame him for being afraid.

    Me scared? What collapse? That was just the perfect set-up for our 2008 World Series run!!

    image >>




    It'll be another good NL East race in 2008, no doubt about it. With the Eagles now being done for the season, I'm looking forward to it.



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    stevekstevek Posts: 27,759 ✭✭✭✭✭
    As was mentioned, some of these online bookies can come up with any excuse not to pay you


    WagerWeb Caught Up in Online Gambling Flap

    Online gambling website, WagerWeb.com, refuses to pay one of its customers over $37,000. The sports betting firm, based in Costa Rica, claims the customer in question past posted his bets.

    Sportsbook Review issued the following statement:

    A player won $37,451 making over 60 football wagers through the month of October. At the end of October, the player requested his funds and was given $5,000, which equaled the total amount he deposited. He was told his winnings would not be paid due to wagering fraud. WagerWeb states the player stalled wagering phone clerks, giving him the ability to make bets after kick-off. The book has thus far provided evidence that the player bet six minutes after the start of one game. SBR has reviewed multiple examples of his NFL wagers which were found to have been placed prior to kick off. This dispute highlights WagerWeb's on-going problems with risk management and their inability to deal with issues in real time. If the book identifies a bet placed after the start of a game it is expected to cancel the wager immediately, informing the player of its error of failing to close the betting market on time- as opposed to allowing the player's funds to be risked and later canceling the bet upon auditing his wagering history. Regardless of past-posting claims, Wagerweb has unjustly punished the player labeling his account as fraudulent instead of addressing individual wagers. SBR has asked Wagerweb to address each individual bet and to pay the player for all wagers where he was allowed to put his funds at risk.

    While many will say "To Hell with the player who is blatantly past posting", the issue goes somewhat deeper. As SBR points out, WagerWeb routinely allows betting past the start of game time, as do some other bookmakers.

    Had the player complained that Wagerweb canceled one bet after the game due to it coming in late, it would be a non-issue. His funds were risked and there was no attempt to let him know his bet was no good before the game ended.

    When it happens 60 times it becomes clear that neither party is doing it by accident. The facts are the player bets late as allowed and WagerWeb allows late bets.

    "Players such as these deserve NOTHING," said one gambler on the SBR Forum. "I don't care what you guys think. Book the Bet , Pay the Bet (Bull****). Dishonest whores like this should be getting zero."

    Instead this becomes a clear example of what not to do in avoiding bad public relations.

    Though few are going to sympathize with the player in this matter, the concern lies with the concept that WagerWeb does not have entirely clean hands in this matter either. The million dollar question can be asked: "Was WagerWeb allowing the past posts in hopes that the player would lose back monies previously won?"

    The online gambling community needs to cut these "bad apples" the moment they are found to be past posting on more than one occasion in a given month (a past post once in a while can be deemed an honest mistake and given some slack, clearly this example shows a rather blatant trend). With that said, these individuals should be paid, showed the door, and blacklisted.

    In the end, it's the honest gambler who suffers as was the case when the online gambling community had to tighten its bonus policies due to abuse.

    WagerWeb, with its impeccable past reputation, should be above this nonsense.



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    AlanAllenAlanAllen Posts: 1,530 ✭✭✭


    << <i>I've done pretty good the last few weeks with the sportsbook. Since I'm essentially playing with the house's money I decided to take a chance yesterday. I took LSU for $100 at 100-1 odds to win the BCS championship game. I know nothing is set in stone yet but I probably won't be able to sleep at all tonight thinking of the prospect of winning $10,000. I hate that we had to back in, if in fact we get in at all, but when your talking about that kind of coin, i'll take it however I get it!!!image >>



    Congratulations, Jason. I'm looking forward to whatever giveaway you have planned to spread the wealth image.

    Joe
    No such details will spoil my plans...
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    stevekstevek Posts: 27,759 ✭✭✭✭✭
    Nice score!

    Now, take the money and run, and don't ever make another sports bet with a bookie. If you do, it is guaranteed the sports betting gods will remember you won this bet and sooner or later, usually sooner, you'll experience a cold streak beyond your worst nightmares...that's an illustration of how gambling works against a negative expectation - the odds will catchup to you.

    But I know You're not going to listen to me because you're a "know it all" gambler, now blessed with unstoppable luck, right?
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    stevekstevek Posts: 27,759 ✭✭✭✭✭
    BTW - Online poker against a rake is a negative expectation as well. The gambling gods will "know" you won this bet and whatever gambling games you might play, sports betting, online poker, etc., you'll now sooner or later experience an incredible cold streak. You'll get aces cracked beyond your worst nightmare, and rivered beyond belief as well - of course you'll never admit it...but that's the way gambling works.

    TAKE THE MONEY AND RUN!
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    stevek is 1000% correct. Take your big score and run, run away!!! You have reached the top of mountain. Odds-wise, there's no where to go but down and if you donk around with your winnings, you're 1000% guaranteed to lose, then chase, then be down even more.

    Run boy run!!!
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    AlanAllenAlanAllen Posts: 1,530 ✭✭✭
    This is a great time of year to reap such a windfall. If you have not yet done so, consider contributing the maximum to a Roth or Traditional IRA for 2007 (you have until April 15 to make an IRA contrinution for 2007) and for 2008. Put it in a mutual fund and forget about it until you retire. Trying to time the markets is a bigger sucker bet than Keno image.

    Joe
    No such details will spoil my plans...
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    stownstown Posts: 11,321 ✭✭✭
    RUN, FORREST, RUN!
    So basically my kid won't be able to go to college, but at least I'll have a set where the three most expensive cards are of a player I despise ~ CDsNuts
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    Congratulations,nice way to start New year.


    Lou
    Collecting Roberto Clemente and Willie Stargell cards.
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    perkdogperkdog Posts: 29,522 ✭✭✭✭✭
    image
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    I disagree, I would parlay it on the Pats winning the Superbowl!
    Am I speaking Chinese?



    image
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    WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    I've got a great idea! Let the 10K ride on the Mets winning the 2008 NL East title!!



    I hope he did not take that bet.


    Steve
    Good for you.
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    stevekstevek Posts: 27,759 ✭✭✭✭✭


    << <i>I disagree, I would parlay it on the Pats winning the Superbowl! >>



    Or this one.
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