Home Menu

Site Navigation


Notices

CBB7 Celebrity Big Brother 7 from 2010, which was won by Alex Reid.

Register to reply Log in to reply
 
Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
Old 23-01-2010, 10:28 PM #9
Claymores's Avatar
Claymores Claymores is offline
Senior Member
 
Join Date: Jul 2009
Posts: 11,857


Claymores Claymores is offline
Senior Member
Claymores's Avatar
 
Join Date: Jul 2009
Posts: 11,857


Default

Still no idea of whether Dane has a chance, here is odds change:

I've no idea if Dane has any chance or not to really win (it is irrelevant to the following), but in gamblers' jargon this is known as a "ramp".

Under a ramp you place bets [say on Dane] at the longer odds when something semi significant occuring. The process of buying the bets alone causes the odds to tumble, then you 'sell' by laying against [betting Dane doesn't win] at the lower odds.

Easist analogy I can think of is the Stock Market in reverse - buy high sell low. The difference between the 'buy' and 'sell' becomes pure profit irrespective of the outcome of the event in question.

It is the way Stock Market traders operate - they don't actually care if X company invent a cancer cure or not, or if the crops are gonna fail in Kansas - just the profit to be made on trading at the correct time.
Claymores is offline  
Register to reply Log in to reply

Bookmark/share this topic

Tags
bandwagon, dane, sets, win


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 03:01 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
User Alert System provided by Advanced User Tagging (Pro) - vBulletin Mods & Addons Copyright © 2025 DragonByte Technologies Ltd.
 

About Us ThisisBigBrother.com

"Big Brother and UK Television Forum. Est. 2001"

 

© 2023
no new posts