I Bet $10 You Can't Give Me $20

I just talked to my friend on MSN and he asked me whether I bet on the Euro 2004 matches. I said no, but he still gave a tip saying, "Just bet all draw. Can already."

Betting on matches is an easy way of earning money and it makes the match more exciting, some will say. I agree on the exciting part, but in end, you'll lose more than you win. It's proven fact. If it isn't the case, then how will Singapore Pools and all the betting companies survive? It's apparent that they're earning tons and tons of money.

Still the best way to understand other people is to put yourself in their shoes. So this time, I'm going bet on the Euro 2004 matches and see how it goes. I even created an entire section for this! :) Well, I'm a newbie, but I'll try my best not to let my money go down the drain. Haha.

For the benefit of those who don't know the rules, I posted up an explanation here, so go take a look.

So here are tonight's matches and the current odds on the Singapore Pools website.

Match 0808: GERMANY vs HOLLAND
1X2
GERMANY 2.87
DRAW 2.97
HOLLAND 2.25

My bet: $50 on a Holland win.
--> This match is a close one, might be even a draw. But I think Holland will scrape through because of Germany's poor form before the tournament.

TOTAL GOALS
0 GOAL 5.90
1 GOAL 3.90
2 GOALS 3.40
3 GOALS 4.00
4 GOALS 6.20
5 GOALS 9.80
6 GOALS 25.00
7 GOALS 47.00
8 GOALS 110.00
9+ GOALS 150.00

My bet: $5 on 3 goals.
--> I'm not too sure, but I think 3 goals for a match with 2 good sides is quite reasonable. I only bet $5 because Total Goals are harder win and the odds seem to be quite good.

Match 0807: CZECH REPUBLIC vs LATVIA
1X2
CZECH REPUBLIC 1.30
DRAW 5.10
LATVIA 6.10

My bet: $100 on a Czech Republic win.
--> Czech Republic are the favorites to win this game over minnows Lativa. It's quite safe to take the Czech win in this one as it's Latvia's first appearance in this tournament.

TOTAL GOALS
0 GOAL 9.90
1 GOAL 5.20
2 GOALS 3.80
3 GOALS 3.80
4 GOALS 5.00
5 GOALS 7.10
6 GOALS 14.00
7 GOALS 23.00
8 GOALS 50.00
9+ GOALS 70.00

My bet: $10 on 1 goal.
--> Latvia will be trying to play for a draw and be defending deep, so the Czechs might find it hard to score.

HT-FT (HALF/FULL TIME DOUBLE)
H-H CZECH REPUBLIC & CZECH REPUBLIC 1.90
H-D CZECH REPUBLIC & Draw 14.00
H-A CZECH REPUBLIC & LATVIA 19.00
D-H Draw & CZECH REPUBLIC 4.10
D-D Draw & Draw 8.10
D-A Draw & LATVIA 15.00
A-H LATVIA & CZECH REPUBLIC 15.00
A-D LATVIA & Draw 19.00
A-A LATVIA & LATVIA 18.00

My bet: $20 on a draw at Half-time and a Czech win at Full-time.
--> Like I said earlier, Latvia will be trying to defend all the way, so the Czech might only be able to late in the game.

Yep, so that's it, $185 will be on the line today, how much will I win or lose? Haha..