An argument between Bozza and dwayne...let's settle it

[dwayne]

A punter puts a wager on Cardiff to NOT finiah in the bottom 3 at 1/6.

So punter will receive approxamitely a 16% ROI if the bet comes to fruition.

Now which scenario sounds more realistic

A) The bet is over 7 months ...but it is equivalent (on a per annum basis) of getting a return of 28.5% net. So one could compare it favourably to, say, getting 5% interest PA in a savings account.

B) Argument A is fundamentally flawed. This is a one off bet with a yes/no outcome, it is impossible to compare two completely different forms of investment on a different time basis.

*forget income tax*

I won't do a poll

 

[Beach Hut]

Don't think anyone really cares.

 

[dwayne]

you obviously care enough to reply as no one else has

 

[Bakesy]

you obviously care enough to reply as no one else has

I don't care either

 

[Del Boy]

I can't work it out!

 

[Bob!]

my natural instinct is for A

but if the bet doesn't come off then obviously that is flawed.

So I'm sitting on the fence with everyone else.

 

[Kinky Gerbil]

fence

 

[Alby]

Think the fence better be a big sturdy one

 

[Silent Bob]

First of all, mix the sage and breadcrumbs together and season well with salt and freshly milled black pepper. Then beat the egg and dip the pork chops first in the egg, then into the breadcrumb and sage mixture, pressing firmly all round so that the chops get a really good, even coating.

Now heat two tablespoons of oil and half the butter together in the large frying pan and quickly brown the chops on both sides with the fat fairly hot, then lower the heat and let them gently cook through (it will take around 25-30 minutes depending on the thickness of the chops).

While that's happening, melt the rest of the butter and oil in the other frying pan and fry the apple and onion rings, this will take about 10 minutes. Drain everything on crumpled baking parchment or greaseproof paper before serving.

 

[dwayne]

step up El pres.....

 

[Titanic]

I'm with Beach Hut on this one.

 

[Strike]

fence

 

[Beach Hut]

I'm with Beach Hut on this one.

Moribound

 

[Bakesy]

fence

Sounds like a job for your "firm"

 

[Strike]

No we are a peaceful firm.

 

[DJ Leon]

Well the difference between the 2 investments is the odds of any money being made. If I put £1K in a normal bank account, I am (barring national financial meltdown) guaranteed my interest. And of course with the bet, I could lose, there are no guarantees - it's a game of chance and the odds tell you exactly where you stand.

If the odds of my bank providing me interest and the odds I get down the bookies (on anything) were in anyway comparable, then I'd be rich! Rich, I tells yer.

 

[Yorkie]

 

[Beach Hut]

 

[dwayne]

Well the difference between the 2 investments is the odds of any money being made. If I put £1K in a normal bank account, I am (barring national financial meltdown) guaranteed my interest. And of course with the bet, I could lose, there are no guarantees - it's a game of chance and the odds tell you exactly where you stand.

If the odds of my bank providing me interest and the odds I get down the bookies (on anything) were in anyway comparable, then I'd be rich! Rich, I tells yer.

no shit sherlock.



read it again

 

[dwayne]

another yawn another reply