But the implied probability is 33%, ignoring the bookies overround shenanigans.
Your decimals and fractions looked alright, 1/3 is 33%, just not when talking bookies odds.Doh! You're right. Mixing up my decimals and my fractionals.
But the implied probability is 33%, ignoring the bookies overround shenanigans.
Your decimals and fractions looked alright, 1/3 is 33%, just not when talking bookies odds.Doh! You're right. Mixing up my decimals and my fractionals.
We will get three points off Spurs. You heard it here first
I agree.....just a bit worried that we don't seem to have another away win left in us and most of our remaining points will have to come at home. I can see us beating Swansea and Huddersfield and getting at least a draw from Leicester. That will get us to 35. We need to scramble another 3-4 from somewhere.
Easy mistake to make - but bookie giving odds of 3/1 means they break even if the event happens 25% of the time.
Suggests they think the actual frequency will be at most 20% of the time.
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But the implied probability is 33%, ignoring the bookies overround shenanigans.
No, erkan is correct. 3/1 represents 1 chance in 4 = 25%
2/1 would imply a probability of 33% (again, ignoring the overround)
Doh! You're right. Mixing up my decimals and my fractionals.
Which point? Are the odds we're discussing 3/1 or 23/10...?It is the Betfair Exchange, so minimal if any overround. Their sportsbook is 23/10, so my point stands
Which point? Are the odds we're discussing 3/1 or 23/10...?