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 (Some Bookmakers) 4
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2709 clicks; posted to Politics » on 28 Sep 2012 at 1:26 PM (5 years ago)   |   Favorite    |   share:    more»

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People who need to be accurate often are.
 1 vote:

amoral: Slaves2Darkness: downstairs: Can someone explain what the odds mean when the first number is higher than the second?

Romney is 10/3 in one of them.

I don't gamble, but usually odds has the smaller number first.  Obama is 1/5.  That makes sense to me.

Actually, now that I think about it... I don't even know what that means.

A. Put down \$1 and get \$6 back (5x your bet, plus your bet back)

B. Put down \$5 and get \$6 back?

It is short hand for the odds are 10 to 3, meaning that for every 3 dollars you put down you will get 10 dollars back. A 1/5 is bad odds, for you must risk butting down 5 dollars to get 1 dollar back.

No, you have it backwards. In this scenario if you put 10\$ down on Romney, and he won, you would get 13\$ back. If you put 5\$ down on Obama, and he won, you would get 6\$ back

You have the 5-6 right. But you have the Romney one wrong. Romney is a long-shot, where Obama is favored. You get 3.33... for every 1 you bet on Romney.

10/3 means 10 house / 3 bettor - for a win of \$13 at a risk of \$3.

1/5 means a 1 house / 5 bettor - for a win of \$6 at a risk of \$5.

You're doing one right, then flipping the logic for the other.
 1 vote:

brianbankerus: incendi: St_Francis_P: He doesn't want to take advantage of suckers, probably.

See, that's what a nice, respectable Republican man would do. He's definitely not avoiding the wager just because he knows that what he chooses to believe is not in line with reality.

I've offered cash bets to all my conservative friends, but they've all found reasons why they don't want to take my easy money... I extend that cash offer in TF to any of the Fark trolls.

I doubt you'll get any takers. Most of Fark's Independents, excepting a few bots, seem to have scurried off as of late. You might catch a few right after the first debate though (strategic thinking).
 1 vote:

ghare: People who need to be accurate often are.

Yeah. In that business, being partisan just doesn't pay.

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