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Odds X:Y means that if Dr. Joe wins, he is owed X cases of his favorite soda, if Dr. Joe loses, he owes the winner Y cases of the winner's favorite soda.
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Shouldn't that be the other way around. I.E.: If I bet one case on torroids, shouldn't you pay out 2 if I win, since I am placing the bet?
BTW, that was NOT a bet.