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-   -   odds for 'any other' slashed (https://www.thisisbigbrother.com/forums/showthread.php?t=129655)

newspresenter 28-01-2010 11:03 PM

odds for 'any other' slashed
 
To 40/1 from 1000/1, but why?

Patrick 28-01-2010 11:04 PM

Davina!

newspresenter 28-01-2010 11:07 PM

100/1 now, it wouldn't surprise me if BB served an incredible twist in this final devil show

Claymores 28-01-2010 11:09 PM

That is not slashed - that means collapsed massively. Essentially nobody will take 'any other' as nobody but the 5 is going to win. The 40/1 was on the vague hope that another candidate could be eligible.

Nemo123 28-01-2010 11:11 PM

What are the odds on one of the other 4 winning, bar Alex?

Claymores 28-01-2010 11:11 PM

Quote:

Originally Posted by newspresenter (Post 2928376)
100/1 now, it wouldn't surprise me if BB served an incredible twist in this final devil show

Think before you type - if they added someone even at 8.30pm, would the receive more votes to win than the person in 5th?

newspresenter 28-01-2010 11:11 PM

Quote:

Originally Posted by Claymores (Post 2928386)
That is not slashed - that means collapsed massively. Essentially nobody will take 'any other' as nobody but the 5 is going to win. The 40/1 was on the vague hope that another candidate could be eligible.

They did with me the other day when it was known someone else was going in, i layed a measly £6 at 80/1

Claymores 28-01-2010 11:14 PM

Quote:

Originally Posted by Nemo123 (Post 2928395)
What are the odds on one of the other 4 winning, bar Alex?

There is no "Winner Withou Alex" market.

Live odds from Betfair:

Alex 4/11

Dane 11/2
Vinnie 9/1
Janas 30/1
Steph 40/1

Claymores 28-01-2010 11:17 PM

Quote:

Originally Posted by newspresenter (Post 2928404)
They did with me the other day when it was known someone else was going in, i layed a measly £6 at 80/1

Easy way to take £6 off some mug!!! Well done!!!!

Patrick 28-01-2010 11:17 PM

Maybe Satan can go in tomarrow morning and will win!

Vicky. 28-01-2010 11:18 PM

Quote:

Originally Posted by Claymores (Post 2928416)
Janas 30/1

Wow...thought he would have better odds than that.

The jonas brigade arent going to be happy...

Nemo123 28-01-2010 11:19 PM

Quote:

Originally Posted by Claymores (Post 2928416)
There is no "Winner Withou Alex" market.

Live odds from Betfair:



Dane 11/2
Vinnie 9/1
Janas 30/1
Steph 40/1

If you can add those 4 fractions I think you get the odds on it being one of them.

Claymores 28-01-2010 11:20 PM

Quote:

Originally Posted by Patrick (Post 2928436)
Maybe Satan can go in tomarrow morning and will win!

Only if he gets Saddam to hit speed dial :hugesmile:

Nemo123 28-01-2010 11:22 PM

I think it adds up to approx 3/1 the field, (or 12/4). So Alex is still favourite to beat all others put together.

Claymores 28-01-2010 11:23 PM

Quote:

Originally Posted by Nemo123 (Post 2928450)
If you can add those 4 fractions I think you get the odds on it being one of them.

No you don't - it would takes ages to explain why in a 2 way contest you don't necessarily get stuff like 1/3 vs 3/1, but please trust it doesn't work that way. For example, the odds are very generous on Steph as reasitically speaking she will not win- so people might be willi ng to offer 75/1 just to fleece you of your stake money at virtually 0 risk.

Claymores 28-01-2010 11:25 PM

Quote:

Originally Posted by Nemo123 (Post 2928461)
I think it adds up to approx 3/1 the field, (or 12/4). So Alex is still favourite to beat all others put together.

Please read my post above - it simply doesn't work that way.

Nemo123 28-01-2010 11:28 PM

Quote:

Originally Posted by Claymores (Post 2928473)
Please read my post above - it simply doesn't work that way.

I think it does, otherwise you could just blanket bet the field and not lose. And say steph DID (by some miracle) come in at 75/1, you'd be quids in.

Claymores 28-01-2010 11:30 PM

Quote:

Originally Posted by VickyJ (Post 2928442)
Wow...thought he would have better odds than that.

The jonas brigade arent going to be happy...

Betfair is always more generous than the bookies who have closed overnight - but even at close they were offering 15/1 to 17/1 ............a good margin behind the top 3

Claymores 28-01-2010 11:32 PM

Quote:

Originally Posted by Nemo123 (Post 2928492)
I think it does, otherwise you could just blanket bet the field and not lose. And say steph DID (by some miracle) come in at 75/1, you'd be quids in.

Believe as you wish (as I'd say to Stephen). And yes you would in my given example - or more realistically you'd just be £10 poorer.

Nemo123 28-01-2010 11:35 PM

Odds have to balance on Betfair because you can bet and then lay. If there was a leak, you could just bet cheap and lay dear.

That's how it used to work, if during a football game a team was winnng 3-0 with ten minutes left, you might get 1/100 to bet, and 100/1 theirr opponent. The market would shut up, book would close when there wasn't the remotest possibility of a team winning/losing.

The margin between backing and laying went to the house, Betfair, like commission.

That's my understanding, I had a lot of fun during the 2006 WC on Betfair.

Claymores 28-01-2010 11:44 PM

Quote:

Originally Posted by Nemo123 (Post 2928526)
Odds have to balance on Betfair because you can bet and then lay. If there was a leak, you could just bet cheap and lay dear.

That's how it used to work, if during a football game a team was winnng 3-0 with ten minutes left, you might get 1/100 to bet, and 100/1 theirr opponent. The market would shut up, book would close when there wasn't the remotest possibility of a team winning/losing.

Why would you bet 1/100 on one and 100/1 on other? You wouldn't.

Where most amateur traders (me) make money is on trading on trends - so for example I layed on Jonas @ 10/1 when the polls being overoptomistic leading to an overoptomistic price. I was able to back @ 40/1 this evening an amount which means I make a profit irrespective of whether he wins or not. His outcome is now irrelevant to me.

Similarly, I have schemes on them all. I've not actually made a 'back to win' which I'll keep.

Claymores 28-01-2010 11:54 PM

Quote:

Originally Posted by Nemo123 (Post 2928526)
Odds have to balance on Betfair because you can bet and then lay. If there was a leak, you could just bet cheap and lay dear.

That's how it used to work, if during a football game a team was winnng 3-0 with ten minutes left, you might get 1/100 to bet, and 100/1 theirr opponent. The market would shut up, book would close when there wasn't the remotest possibility of a team winning/losing.

The margin between backing and laying went to the house, Betfair, like commission.

That's my understanding, I had a lot of fun during the 2006 WC on Betfair.

Your understanding is just about right, except markets are never in equilibrium

I'm tempted to buy more Jonas if I can get offered 40/1 again as that seems way too generous! But I'm crap at winner guessing - only serously gamble on evictions!!!!!

spitfire 29-01-2010 12:04 AM

Quote:

Originally Posted by Claymores (Post 2928467)
For example, the odds are very generous on Steph as reasitically speaking she will not win- so people might be willi ng to offer 75/1 just to fleece you of your stake money at virtually 0 risk.

This is what i do.
If you want 39/1 on Terry Jenkins,get your butt on betfair.;)


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