General Betting
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If a team is, for example, 1.6 (decimal odds) to win a match, how would I work out what percentage chance these odds suggest they have to win? So if 1.6 is the true odds, what mathematical process would I use to turn this 1.6 into a percentage figure of how likely they are to win?
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Yep :)
1/2 = 50% for instance
If you want to check a few, type in an imaginary bet (don't submit it obviously) and look at the "show % book" number at the bottom of the page.
1/2 = 50% for instance
If you want to check a few, type in an imaginary bet (don't submit it obviously) and look at the "show % book" number at the bottom of the page.
Without being in any way offensive, you seem a little naive about betting.
Not really I just didnt know how to work out the percentages.
I was judging from your other posts. Please don't be offended, it's all quite refreshing.
I had a good end to the season, I've at least broken even from betting now I think.
Lori Joined: 31 May 10 14:55
Yep :)
1/2 = 50% for instance
Evens is 50%.
Yep :)
1/2 = 50% for instance
Evens is 50%.
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