Jan 9, 2010 -- 7:36AM, Escapee wrote:
100/1 is about 1% probability33/1 is about 3% probabilityThey'd have a tough time trying to convince a Judge that a 2% difference in probability is Palpable Error.I'd definitely sue in a small claims court if they tried it on
How would I do this?
I would have the bookie present several examples to the judge of prior errors that are considered palpable.
I would then calculate the percentage they were out.
Chances are, they would be larger percentages making this one look tight.
I would also show other events and sports where the bookies prices were paying better than 5% (football, baseball) than their competitors yet weren't considered 'palpable'.
Then, watch them squirm