Quote:
Originally Posted by Withano
Your percentage chances you attached to them all don’t mean a thing
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They do mean a thing, they estimate the "likely" chance of something happening. As for the percentages not adding up, they're not supposed to. That is called the
overround > which is the margin(unfair) those bookie bastards build in to rip their customers off.
Take 365's book for the finale.
Cam 1/2 (66.67%
Cian 11/4 (26.67%
Akeem 11/2 (15.38%
Zoe 20/1 (4.76%)
Total =
113.5!
This is how the pigs operate. The best example is the coin toss. We all know that the true odds for this is 50/50..but the bookies don't offer that. Instead they go 10/11(52.4) for each.. which gives them over 4% edge.