NSC Betting Game: Albion v Liverpool (W/D/L)

[El Presidente]

You are betting on the score after 90 MINUTES

 

[Djmiles]

0.62? Should that not be 1.62? You can't get less than 1 shirley?

 

[mcshane in the 79th]

It's American I think

 

[Peever]

All on a Brighton win!

 

[DumLum]

0.62? Should that not be 1.62? You can't get less than 1 shirley?

I think you are right. This seems to suggest you win less than you stake and you don't get your stake back.:
eek:

 

[Ninja Elephant]

The decimilisation of the odds don't include your stake. If you put £13 on an 8/13 chance, you win £8 and get £21 back altogether.

 

[mcshane in the 79th]

Should you be able to bet more than once on this [MENTION=6886]Bozza[/MENTION] or [MENTION=31]El Presidente[/MENTION] ??

 

[Titanic]

Eight losing bets in a row... my last $100 are on Liverpool

 

[The Peanut Roaster]

The decimilisation of the odds don't include your stake. If you put £13 on an 8/13 chance, you win £8 and get £21 back altogether.

Hate to call you on this Ninja, but decimilised odds do indeed include the stake.

In the example shown, 8/13 would be translated as 1.62, as opposed to 0.62. ( The 0.62 relates to the percentage chance that the bookie reckons of the outcome happening. )

Therefore the 1 represents your stake, and the 0.62 the odds.

If you bet £10 at 1.62, your return will be £16.20, including your £10 stake.

Decimilised odds always add the 1, to include the stake.

For example, if you bet at 8.0 in decimilsed, you are actually betting at 7 to 1, because it includes the stake.


Mind you, I had 3 math teachers, and didn't like either of them.

 

[albie_noobs]

200 on a home win, always get at least one upset a round and Leeds are getting stuffed!

 

[Ninja Elephant]

Hate to call you on this Ninja, but decimilised odds do indeed include the stake.

In the example shown, 8/13 would be translated as 1.62, as opposed to 0.62. ( The 0.62 relates to the percentage chance that the bookie reckons of the outcome happening. )

Therefore the 1 represents your stake, and the 0.62 the odds.

If you bet £10 at 1.62, your return will be £16.20, including your £10 stake.

Decimilised odds always add the 1, to include the stake.

For example, if you bet at 8.0 in decimilsed, you are actually betting at 7 to 1, because it includes the stake.


Mind you, I had 3 math teachers, and didn't like either of them.

Good job I don't do any settling in a bookies.

You are right though, I used the wrong term. Fractions and decimals, it's all the same!...

 

[8ace]

One really does not approve of decimal odds, if people are too stupid to understand fractions then they are better off not gambling.

 

[Finch]

One really does not approve of decimal odds, if people are too stupid to understand fractions then they are better off not gambling.

Ah the age old argument, my way is better and anyone who disagrees is stupid / the devil / a witch.

Maybe there are people who understand fractions fine, but find it easier to convert using a decimal equation for whatever reason.

 

[Triggaaar]

Hate to call you on this Ninja, but decimilised odds do indeed include the stake.

In the example shown, 8/13 would be translated as 1.62, as opposed to 0.62. ( The 0.62 relates to the percentage chance that the bookie reckons of the outcome happening. )

Therefore the 1 represents your stake, and the 0.62 the odds.

If you bet £10 at 1.62, your return will be £16.20, including your £10 stake.

Decimilised odds always add the 1, to include the stake.

For example, if you bet at 8.0 in decimilsed, you are actually betting at 7 to 1, because it includes the stake.

Mind you, I had 3 math teachers, and didn't like either of them.

You may not have liked them, but it's your English teachers that let you down.

 

[Triggaaar]

Eight losing bets in a row... my last $100 are on Liverpool

Given that we've won most of our games, I guess that means you haven't been betting on us. And you're doing the same today. Maybe we can get a result after all.

 

[seagullsovergrimsby]

200 on a home win

 

[skipper734]

There seems to be a lot of SUPPORTERS betting against Brighton.

 

[Bozza]

Settled as a Liverpool win.