View Single Post
Old 12-06-2003, 10:25 PM  
cluck
Confirmed User
 
Join Date: Dec 2002
Location: New Jersey
Posts: 5,248
Quote:
Originally posted by UniqueMovies


So its impossible to loose? WTF!
Well each book has different odds, usually those odds add up in total to over 100%. That's overround. Because the books are done by humans each one has certain opinions and prejudices on making up the odds. Suppose one bookmaker doesn't have the info on a team that another one does. Because they're not on the same page they set different odds. Put the numbers into the formula and it'll tell you what to stake on each bookie. Once the games over you'll have made exactly the same return no matter who wins.
__________________
icq 279990726
www.mcdonalds.com <- great money making opportunity
cluck is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote