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BB7 Discuss what winner Pete Bennett, Glyn, Aisleyne, Nikki and the other BB7 housemates are doing now, and all that happened in Big Brother 7.

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Old 13-08-2006, 01:48 PM #1
blue_didi blue_didi is offline
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Default could someone please explain me betting odds

I dont understand how they work. I feel kinda stupid asking but I just dont get how the numbers work lol.
thanks.
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Old 13-08-2006, 02:02 PM #2
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nor do i m8
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Old 13-08-2006, 02:06 PM #3
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It's ok - I had to look it up too!

They're based on what you win if you bet £1.


So if odds are 1/5, for example, you win £1 for every £5 you bet.

If they're 20, you win £20 for every £1.

If they're something strange like 13/2, for example, betting £2 gets you £13.


The smaller the fraction, the more likely that person is going to win. The higher the number, the less likely.

Richard at 60 is nearly impossible compared to Pete at 1/6, for example.
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Old 13-08-2006, 02:07 PM #4
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Still dont get it
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Old 13-08-2006, 02:08 PM #5
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ohh thanks! so is nikki more likely to win than ash (i hope sooo!)
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Old 13-08-2006, 02:09 PM #6
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Basically it's breaking down like this at the moment:

In order of rank, Pete is first, and Richard is last:

Pete - 1/5
Glyn - 8
Nikki - 14
Ais - 16
Jennie - 66
Richard - 100
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Old 13-08-2006, 02:10 PM #7
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Quote:
Originally posted by babybay
Still dont get it
Yeah I explained kind of badly.


If it's a small number (like a fraction) then that person is likely to win.

If it's a big number, they're hopeless.
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Old 13-08-2006, 02:11 PM #8
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Jennie has more of a chance than rich :| noooo! I really like rich now..
and nikki and ash are very close!
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Old 13-08-2006, 02:13 PM #9
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thanks lambruscokid that clear enought cheers
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Old 13-08-2006, 02:17 PM #10
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Quote:
Originally posted by babybay
Still dont get it

its better if you dont get it babybay .. you'll only lose your money .

remember that kiddie in Trainspotting who wanted to know about drugs ( Tommy) .. look what happened to him!!
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Old 13-08-2006, 07:30 PM #11
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Quote:
Originally posted by lambruscokid
Basically it's breaking down like this at the moment:

In order of rank, Pete is first, and Richard is last:

Pete - 1/5
Glyn - 8
Nikki - 14
Ais - 16
Jennie - 66
Richard - 100
Perhaps whats confusing is the` odds on bet `:1/5 this means £1 for each five pounds bet.eg not much to win as he is favourite. If however if it said just 5 then it would be you win £5 for every £1 bet far better odds but less likely to win

so a £10 Bet on on pete could win you £2
and a£10 bet on Jennie could win you £666

My advice is stay away from it. There is a theory that if you get a good win early in life you are at a greater risk of getting overinvolved.!!
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Old 13-08-2006, 07:32 PM #12
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Quote:
Originally posted by J.C.
Quote:
Originally posted by lambruscokid
Basically it's breaking down like this at the moment:

In order of rank, Pete is first, and Richard is last:

Pete - 1/5
Glyn - 8
Nikki - 14
Ais - 16
Jennie - 66
Richard - 100
Perhaps whats confusing is the` odds on bet `:1/5 this means £1 for each five pounds bet.eg not much to win as he is favourite. If however if it said just 5 then it would be you win £5 for every £1 bet far better odds but less likely to win

so a £10 Bet on on pete could win you £2
and a£10 bet on Jennie could win you £666

My advice is stay away from it. There is a theory that if you get a good win early in life you are at a greater risk of getting overinvolved.!!
sorry thats £660 would be won on jenny not £666
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