The Truth About Football Cards
By Ernie Kaufman


Many people wager on football by picking teams printed on a card; a list of anwhere from ten to fifty of this week's upcoming games. The idea is for the wagerer (player) to correctly select anywhere from three to ten games based on the pointspread. If successful the bettor receives some odds in the money that he wagered. This is all well and good..UNTIL..one examines the odds!

The average odds of correctly selecting any fooball game by the pointspread is a fifty-fifty proposition. You have approximately a HALF-CHANCE of selecting the winning team.

To compute the average odds for correctly selecting two games (or teams) you must multiply 1/2 by 1/2 which equals ONE CHANCE IN FOUR. For three teams you multiply 1/2 x 1/2 x 1/2 or ONE CHANCE IN EIGHT. You should now be able to compute the odds of picking three teams, as this is the most common method of playing football cards.

The football card bettor has one chance in eight of correctly selecting three football teams by the pointspread. This means that if the bettor were to get EXPECTED VALUE at FAIR ODDS, the oddsmaker handling the action should be laying seven-to-one odds.

Naturally, all oddsmakers are expected to take of piece of the action (vigorish) as a fee for performing their service. Five or ten percent should suffice for vigorish. So, if an oddsmaker were to give 6 1/2 to 1, or even 6 to 1, he would be giving the bettor a fair deal. But, obviously, they don't! They usually give you 4 to 1 on this play!

You would be much better off, if you like three teams, to play the three teams independently, (a flat wager), for a similar amount of money that you play on your weekly cards!

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