How many points will be needed to win the league? | 77pts

How many points will be needed to win the league?

  • 81 - 85

    Votes: 671 67.0%
  • 76 - 80

    Votes: 280 28.0%
  • 70 - 75

    Votes: 50 5.0%

  • Total voters
    1,001
  • Poll closed .

AndyTheCatalystMorrison

Well-Known Member
Joined
10 May 2012
Messages
582
So majority are 150/1 for United and you can get 1/1000 on City?

There’s a margin there for someone.
It's actually not as big a margin as it might appear.

For the bookies to have to pay out £1000 on City, someone would have to bet £999 (or near as dammit). For them to have to pay out £1000 on a scum win, someone would have to bet £6.66.

Adding together £999 and £6.66 = £1005.66 for a guaranteed payout of £1000, giving an "expected profit" of £5.66, which equates to a profit margin of 0.566%.

Obviously this is a simplified scenario as we're ignoring all other teams but I wouldn't have thought that would make much difference in this situation.

Guess who used to be a bookie?!
 

Blue and still suffering

Well-Known Member
Joined
8 Feb 2018
Messages
649
Everton can't catch us now either now after their draw against Palace.

Well, technically they can still get 74 points but something tells me they're not going to overturn a goal difference of +42.
Only need two points for a top four finish. Chelsea can still reach 75 points current goal difference is plus 29 in our favour
 

Xhavenjoe

Well-Known Member
Joined
18 Feb 2017
Messages
3,724
For the bookies to have to pay out £1000 on City, someone would have to bet £999 (or near as dammit). For them to have to pay out £1000 on a scum win, someone would have to bet £6.66.

Adding together £999 and £6.66 = £1005.66 for a guaranteed payout of £1000, giving an "expected profit" of £5.66, which equates to a profit margin of 0.566%.
You said for the bookies to have to pay out £1000 on City, someone would have to bet £999 (or near as dammit)

For the bookies to pay out £1000 on City, would a punter not have to put a bet of 1000 x £1000 or am I reading it wrong
 

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