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odd odds

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

  1. SeaEagleRock8

    SeaEagleRock8 Sea Eagle Lach Staff Member Premium Member 2017 Tipping Competitor

    13,961
    3,911
    Ratings:
    +9,134 /179
    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 2017 Tipping Competitor

    13,961
    3,911
    Ratings:
    +9,134 /179
    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 Sea you in the finals 2017 Tipping Competitor

    Ratings:
    +1,805 /44
    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
    • Eagles2nv

      Eagles2nv Sea you in the finals 2017 Tipping Competitor

      Ratings:
      +1,805 /44
      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
       
    • ManlyBacker

      ManlyBacker Winging it Staff Member

      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.
       
    • ManlyBacker

      ManlyBacker Winging it Staff Member

      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.
       
    • bob dylan

      bob dylan Well-Known Member Premium Member 2017 Tipping Competitor

      7,231
      2,144
      Ratings:
      +5,332 /165
      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.
       
    • bob dylan

      bob dylan Well-Known Member Premium Member 2017 Tipping Competitor

      7,231
      2,144
      Ratings:
      +5,332 /165
      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.
       
    • Dan

      Dan Kim Jong Dan Staff Member Administrator 2017 Tipping Competitor 2016 Tipping Competitor

      33,361
      3,986
      Ratings:
      +7,023 /106
      I'll rerun the feed now
       
    • Dan

      Dan Kim Jong Dan Staff Member Administrator 2017 Tipping Competitor 2016 Tipping Competitor

      33,361
      3,986
      Ratings:
      +7,023 /106
      I'll rerun the feed now
       
    • WAMF

      WAMF Well-Known Member

      Ratings:
      +408 /0
      $3.40 Manly 1-12
       
    • WAMF

      WAMF Well-Known Member

      Ratings:
      +408 /0
      $3.40 Manly 1-12
       
    • mickqld

      mickqld Sack Greenslime 2017 Tipping Competitor

      7,354
      2,823
      Ratings:
      +4,564 /97
      I just took the Cows at $3.40 1-12. The refs will kill us tonight.
       
    • mickqld

      mickqld Sack Greenslime 2017 Tipping Competitor

      7,354
      2,823
      Ratings:
      +4,564 /97
      I just took the Cows at $3.40 1-12. The refs will kill us tonight.
       
    • ManlyBacker

      ManlyBacker Winging it Staff Member

      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.
       
    • ManlyBacker

      ManlyBacker Winging it Staff Member

      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.
       
    • Volley

      Volley Well-Known Member

      Ratings:
      +772 /23
      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.
       
    • Volley

      Volley Well-Known Member

      Ratings:
      +772 /23
      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.
       
    • ManlyBacker

      ManlyBacker Winging it Staff Member

      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.
       
    • ManlyBacker

      ManlyBacker Winging it Staff Member

      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.
       

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