I bought contracts on Nebraska winning tonight. They are 54 cents. You spend 54 cents to buy the contract, if Nebraska wins, you get a dollar per contract.
This way, if Iowa loses, I make a decent chunk of cash. Iowa wins, I make a 5x bigger bet next game. If I lose $10k but Iowa gets a natty it's worth it.
If I win on Nebraska tonight, I am probably going to roll hard into Illinois. 43 cents right now. I think there's a good chance that during the game it will swing to at least 60 cents and then I'll close it.
I blew all my cash wad on Robin Hood on the Florida game and was remarkably zen as the game wound down, knowing if the boys lost, I made money. "Iowa women were better than Illini men" - Potomac