TravisBickle
Well-Known Member
- Joined
- 6 Mar 2009
- Messages
- 3,703
Adidas Barry Silkman said:
When we're 1/80 to win the league is when I will start to believe mate.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Latest Bookies Odds - Premier Leaguel
- Thread starter Adidas Barry Silkman
- Start date
When we're 1/80 to win the league is when I will start to believe mate.
Chippy_boy
Well-Known Member
You need to understand how betting odds work. It has nothing to do (well not directly anyway) with the chances of someone winning something. The odds are driven only by the betting that's going on.
10/11 just means lots of people are betting on City, that is all.
If Amir Khan decided to step up to heavyweight and take on Vlad Kiltschko, and enough patriotic Brits bet on Amir, he would be odds on favourite. But he still would have his head removed in the first round.
10/11 just means lots of people are betting on City, that is all.
If Amir Khan decided to step up to heavyweight and take on Vlad Kiltschko, and enough patriotic Brits bet on Amir, he would be odds on favourite. But he still would have his head removed in the first round.
Having said that there is considerable evidence that there is wisdom in crowds when they are all taking decisions independently of each other.Chippy_boy said:You need to understand how betting odds work. It has nothing to do (well not directly anyway) with the chances of someone winning something. The odds are driven only by the betting that's going on.
10/11 just means lots of people are betting on City, that is all.
If we are 10/11 in the average opinion of those prepared to stake money on their opinion then this is probably approximately the chance of us winning it. (After bookies margin and tax so realistically the field are slightly more likely to win it than we are, but we have a better chance than anyone else in the field)
SWP's back
Well-Known Member
- Joined
- 29 Jun 2009
- Messages
- 88,229
Lol. Never gonna happen. They'll be lucky to finish top 6.prairiemoon said:Newcastle in the top four looks smart and safe to me.
7th would be a very good season for them
Failsworth_Blue
Well-Known Member
- Joined
- 24 Jul 2008
- Messages
- 4,188
Chippy_boy said:You need to understand how betting odds work. It has nothing to do (well not directly anyway) with the chances of someone winning something. The odds are driven only by the betting that's going on.
10/11 just means lots of people are betting on City, that is all.
If Amir Khan decided to step up to heavyweight and take on Vlad Kiltschko, and enough patriotic Brits bet on Amir, he would be odds on favourite. But he still would have his head removed in the first round.
In the case of the premier league odds it has a lot more to do with the results of a team than how many people have put money on it. If United win tomorrow and we get beat of QPR the odds will change straight away, they won't wait until loads of money has been bet on it.
bluemoon27
Well-Known Member
Adidas Barry Silkman said:To Win It
City 10-11
Utd 7-4
Chelsea 7-1
Pool 33-1
Arsenal 33-1
Tottenham 50-1
Newcastle 400-1
Top Four Finish
City 1-80
Utd 1-80
Chelsea 1-12
Pool 6-5
Tottenham 6-5
Arsenal 6-4
Newcastle 20-1
Someone pinch me, we're red hot odds on favourites to win the league!!! Staggered really. I was wary about getting carried away but it must be good when the bookies agree too. And the top four would appear so nailed on it's ridiculous.
Comments?
i definately would not say the top 4 is nailed on
Ntini77
Well-Known Member
United 7/4 looks the value bet. No way should we be odds on.
bluemoon05
Well-Known Member
Cityfan said:Having said that there is considerable evidence that there is wisdom in crowds when they are all taking decisions independently of each other.
If we are 10/11 in the average opinion of those prepared to stake money on their opinion then this is probably approximately the chance of us winning it. (After bookies margin and tax so realistically the field are slightly more likely to win it than we are, but we have a better chance than anyone else in the field)
Not the betfair odds are odds on without any margin which would suggest we are more likely to win it than not