Fight Odds Question

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Posted by kendricks on November 30, 2000 at 17:38:34:

In Reply to: Mexicans liking Trinidad... posted by Porker on November 30, 2000 at 08:45:40:

Why would anyone bet $100 on Vargas for the chance to win $140, when you could bet $50 that he wins by KO (which would pay $200), and $50 that he wins by decision (which also pays $200)? Thus, for the same $100 risk, you would stand to win $200, instead of $140, should Vargas win by either KO or decision.

Am I missing something here?

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