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[Albion] Odds for palace game...



Coldeanseagull

Opinionated
Mar 13, 2013
8,353
Coldean
Bookies have palace at nearly 5/1 for a home game against us!? Are we really that odds on to win? Form goes out the window when we play each other! [emoji23][emoji2959]
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Can some one translate this graph into old money, I don't understand this metric system:shrug:
I'm not being funny, I really do not understand it
 




Goldstone1976

We Got Calde in!!
Helpful Moderator
NSC Patron
Apr 30, 2013
14,124
Herts
We’ve come into a bit of form and they’re having a wobble. Hopefully Wilfred doesn’t play as they have been pretty hopeless without him. Think we will be two up at HT. UTA.

One of the last times we were 2-0 up at HT, we lost 2-4...
 










Peter Grummit

Well-known member
Oct 13, 2004
6,772
Lewes
We’ve come into a bit of form and they’re having a wobble. Hopefully Wilfred doesn’t play as they have been pretty hopeless without him. Think we will be two up at HT. UTA.
Prior to the Burnley debacle, Woy implied that none of Haha, McCarthy and McArthur would be fit for a while yet.

Part of me would be very happy with the in-form Veltman looking after Winifried anyway.

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Mortdecai

Well-known member
Aug 6, 2009
553
Kirkkonummi, Finland
Traditional odds post the winning return and when you collect your monies you are given you stake money back as well. With decimal odds, the odds posted include your original stake, whatever that might have been. The original stake would be 1 and the traditional odds decimalized and added to it. So 5/2 equates to 3.5 with 5 divided by 2 giving you 2.5 +1 for your stake.
 
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Mortdecai

Well-known member
Aug 6, 2009
553
Kirkkonummi, Finland
With transposed odds say 4/5 which equates to 1.8
If you bet £25 @ 4/5 your return would be £20 plus your stake of £25 which equals £45
If you bet £25 @ 1.8 your return would be £45 as your stake has already been included in your return.
 




Coldeanseagull

Opinionated
Mar 13, 2013
8,353
Coldean
Traditional odd post the winning return and when you collect your monies you are given you stake money back as well. With decimal odds, the odds posted include your original stake, whatever that might have been. The original stake would be 1 and the traditional odds decimalized and added to it. So 5/2 equates to 3.5 with 5 divided by 2 giving you 2.5 +1 for your stake.

thanks for that, I think I've got it
 




Mackenzie

Old Brightonian
Nov 7, 2003
34,009
East Wales
Odds go out the window a bit with games like these. On form we should win, especially as it seems they’ll be missing Zaha, but I certainly won’t be betting on this game.
 


Sheebo

Well-known member
Jul 13, 2003
29,319
Palace (2010 version) always get the luck against us - like that ridiculous pen there this season. They’ll probably win and are hot favs in my eyes for sure.
 


neilbard

Hedging up
Oct 8, 2013
6,280
Ta, now tell me how you transposed it into English?

Traditional odds post the winning return and when you collect your monies you are given you stake money back as well. With decimal odds, the odds posted include your original stake, whatever that might have been. The original stake would be 1 and the traditional odds decimalized and added to it. So 5/2 equates to 3.5 with 5 divided by 2 giving you 2.5 +1 for your stake.

That is okay, but surely you need to show how you calculate decimals into fractions, see you on the other side..:cheers:
 




Mortdecai

Well-known member
Aug 6, 2009
553
Kirkkonummi, Finland
Just divide the first number by the second will get you the decimal equivelent then add 1 to get the decimal odds.

7/2 > 7 divided by 2 > 3.5 > add 1 to give you the decimal odds of 4.5

100/30 > 100 divided by 30 > 3.33 > add 1 to give you the decimal odds of 4.33

2/7 > 2 divided by 7 > 0.286 > add 1 to give you the decimal odds of 1.286

Decimal odds make it much easier to work out how much you get back since you just multiply you stake by the odds on offer. (Your stake + winnings)
 


Rookie

Greetings
Feb 8, 2005
12,324
Got complete dominance from us, palace sitting back and scoring a late winner written all over it.
 


neilbard

Hedging up
Oct 8, 2013
6,280
Ta, now tell me how you transposed it into English?

Brighton 4/5
Palace 4/1
Draw 5/2

Just divide the first number by the second will get you the decimal equivelent then add 1 to get the decimal odds.

7/2 > 7 divided by 2 > 3.5 > add 1 to give you the decimal odds of 4.5

100/30 > 100 divided by 30 > 3.33 > add 1 to give you the decimal odds of 4.33

2/7 > 2 divided by 7 > 0.286 > add 1 to give you the decimal odds of 1.286

Decimal odds make it much easier to work out how much you get back since you just multiply you stake by the odds on offer. (Your stake + winnings)

But your just converting fractional odds into decimal odds, I was asked to transpose decimal to fractional
 


Mortdecai

Well-known member
Aug 6, 2009
553
Kirkkonummi, Finland
To convert decimal odds to fractional odds you first need to remove 1 from the decimal odds. Then write the remainder as a divided by 1

So 1.8 > 0.8 > 0.8/1

Then for mutiply both top and bottom by 100.

So 0.8/1 > 80/100

Then you simplify the fraction

80/100 > 8/10 > 4/5 which is the fraction odds.
 




Mortdecai

Well-known member
Aug 6, 2009
553
Kirkkonummi, Finland
Generally decimal odds will run to 2 decimal places so multiplying by 100 creates what is known as a decimal fraction from there you simplfy it as short as it can go, known as a common fraction.
 


neilbard

Hedging up
Oct 8, 2013
6,280
To convert decimal odds to fractional odds you first need to remove 1 from the decimal odds. Then write the remainder as a divided by 1

So 1.8 > 0.8 > 0.8/1

Then for mutiply both top and bottom by 100.

So 0.8/1 > 80/100

Then you simplify the fraction

80/100 > 8/10 > 4/5 which is the fraction odds.

:love:
 


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