Laying 10 to win 1 is tough to do for the average bettor. That's why you get such a
good price on a big lay bet like that. The average guy will take the horrible +550 instead
just because they can't stomach laying -1000 and I'm not just referring to No OT. There
numerous Super Bowl bridge jumper bets that have strong EV if you can stomach the
rare loss. I laid -1150 this year on a different bet and have laid as much as -7500 in years
past. Those bets are ZERO fun to possess and in the end the reward seems insufficient
for the pain and suffering they cause until the bet wins. Simply put, they are not for the
recreational bettor who lacks the proper mindset to make such a wager.
A good way to clarify some gambling questions is to take them to an extreme.
If a bet was offered that asked:
"Will Dwight Freeney score two TDs in the game?" and the price was YES +4000 NO -8000
would you lay out the -8000, take the +4000 or just pass?
Then ask yourself why you'd make that choice.