1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

odd odds

Discussion in 'Rugby League Forum' started by SeaEagleRock8, Aug 4, 2012.

  1. SeaEagleRock8

    SeaEagleRock8 Sea Eagle Lach Staff Member Premium Member 2016 Tipping Competitor

    12,593
    3,522
    Ratings:
    +6,793 / 122
    This site shows Cows paying $1.83 to win, Manly paying $1.97.
    Does that mean both results are odds-on?? Clearly I am missing something..
     
  2. SeaEagleRock8

    SeaEagleRock8 Sea Eagle Lach Staff Member Premium Member 2016 Tipping Competitor

    12,593
    3,522
    Ratings:
    +6,793 / 122
    This site shows Cows paying $1.83 to win, Manly paying $1.97.
    Does that mean both results are odds-on?? Clearly I am missing something..
     
  3. Eagles2nv

    Eagles2nv New Team, New Beginnings 2016 Tipping Competitor

    3,272
    752
    Ratings:
    +1,399 / 35
    Sports bet has cows at 1.75, manly 2.10.


    The odds on this site are close, but other agencies aren't too far off
     
    • Like Like x 1
  4. Eagles2nv

    Eagles2nv New Team, New Beginnings 2016 Tipping Competitor

    3,272
    752
    Ratings:
    +1,399 / 35
    Sports bet has cows at 1.75, manly 2.10.


    The odds on this site are close, but other agencies aren't too far off
     
  5. ManlyBacker

    ManlyBacker Winging it Staff Member

    11,596
    843
    Ratings:
    +971 / 7
    $1.77 cows $2.10 Manly @ centrebet at the mo so Dan may have to check the feed.

    It isn't actually that wacky. If it was an even money contest (as in they can't split who will win) it is usually around $1.90 to $1.95 each (depends on the different agencies). The 5c to 10c each side is the bookies' arbitrage margin.
     
  6. ManlyBacker

    ManlyBacker Winging it Staff Member

    11,596
    843
    Ratings:
    +971 / 7
    $1.77 cows $2.10 Manly @ centrebet at the mo so Dan may have to check the feed.

    It isn't actually that wacky. If it was an even money contest (as in they can't split who will win) it is usually around $1.90 to $1.95 each (depends on the different agencies). The 5c to 10c each side is the bookies' arbitrage margin.
     
  7. bob dylan

    bob dylan Well-Known Member Premium Member 2016 Tipping Competitor

    6,863
    2,030
    Junee
    Ratings:
    +4,401 / 130
    Don't forget the odds represent the percentage chance of winning.

    The bookies like to have that percentage up over 100, of course there is only 100% chance of a winner. So for every point over 100 the bookie has the edge in his favour.
     
  8. bob dylan

    bob dylan Well-Known Member Premium Member 2016 Tipping Competitor

    6,863
    2,030
    Junee
    Ratings:
    +4,401 / 130
    Don't forget the odds represent the percentage chance of winning.

    The bookies like to have that percentage up over 100, of course there is only 100% chance of a winner. So for every point over 100 the bookie has the edge in his favour.
     
  9. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

    32,370
    3,610
    Amsterdam, The Netherlands
    Ratings:
    +5,462 / 74
    I'll rerun the feed now
     
  10. Dan

    Dan Administrator Staff Member Administrator 2016 Tipping Competitor

    32,370
    3,610
    Amsterdam, The Netherlands
    Ratings:
    +5,462 / 74
    I'll rerun the feed now
     
  11. WAMF

    WAMF Well-Known Member

    3,201
    389
    Perth
    Ratings:
    +408 / 0
    $3.40 Manly 1-12
     
  12. WAMF

    WAMF Well-Known Member

    3,201
    389
    Perth
    Ratings:
    +408 / 0
    $3.40 Manly 1-12
     
  13. mickqld

    mickqld Sack Greenslime 2016 Tipping Competitor

    7,015
    2,671
    Gold Coast
    Ratings:
    +3,742 / 57
    I just took the Cows at $3.40 1-12. The refs will kill us tonight.
     
  14. mickqld

    mickqld Sack Greenslime 2016 Tipping Competitor

    7,015
    2,671
    Gold Coast
    Ratings:
    +3,742 / 57
    I just took the Cows at $3.40 1-12. The refs will kill us tonight.
     
  15. ManlyBacker

    ManlyBacker Winging it Staff Member

    11,596
    843
    Ratings:
    +971 / 7
    They put up Manly @ $2.40 @ Tab sportsbet about 20 mins in when I thought we were on top and grabbed it.
     
  16. ManlyBacker

    ManlyBacker Winging it Staff Member

    11,596
    843
    Ratings:
    +971 / 7
    They put up Manly @ $2.40 @ Tab sportsbet about 20 mins in when I thought we were on top and grabbed it.
     
  17. Volley

    Volley Well-Known Member

    3,809
    315
    Ratings:
    +581 / 21
    Haha yeah, I couldn't believe that when I saw it. I don't have a sportsbet account so I couldn't jump on. Glad you got on MB.
     
  18. Volley

    Volley Well-Known Member

    3,809
    315
    Ratings:
    +581 / 21
    Haha yeah, I couldn't believe that when I saw it. I don't have a sportsbet account so I couldn't jump on. Glad you got on MB.
     
  19. ManlyBacker

    ManlyBacker Winging it Staff Member

    11,596
    843
    Ratings:
    +971 / 7
    Thanks Volley. I wasn't going to bet after the last 3 weeks but we looked really good. I wasn't confident we would win, just the odds seemed in our favour.
     
  20. ManlyBacker

    ManlyBacker Winging it Staff Member

    11,596
    843
    Ratings:
    +971 / 7
    Thanks Volley. I wasn't going to bet after the last 3 weeks but we looked really good. I wasn't confident we would win, just the odds seemed in our favour.
     

Share This Page