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> How much stock to you put into sports books?
wolfe4me
post Aug 15 2008, 11:46 AM
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I wonder how many come true.

How is it all calculated?

Or is this acquired through like passed history of players etc...
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exotics 101
post Aug 25 2008, 08:32 AM
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this thread really reminds me of that movie when a kid got hold of a book from the future that has the results of horse racing that is about to happen,,,, back to the future? hmmmm i guess its statitistics or something...
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bobsie_blues
post Aug 25 2008, 07:11 PM
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i dont think it is calculated because if it is so, actuarial and statistical tools can surely predict the winner and the loser of the event- which will ruin the entire idea of betting tongue.gif
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titan69
post Aug 26 2008, 07:21 AM
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yer right... but still, some people prefer to be surprised by the events rather than a sure win. excitement? perhaps? happy.gif
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stepfun
post Aug 26 2008, 11:22 AM
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hello guys! jusst got in here. happy.gif
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archrival
post Aug 27 2008, 08:21 AM
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the odds in a sportsbook are actually fluid in nature. ph34r.gif
it is dependent on the ruling of the bookmaker and it does not represent the actual chances...
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craig_pools
post Aug 27 2008, 06:58 PM
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QUOTE (archrival @ Aug 27 2008, 08:21 AM) *
the odds in a sportsbook are actually fluid in nature. ph34r.gif
it is dependent on the ruling of the bookmaker and it does not represent the actual chances...



what do you mean fliud? and what is the difference between actual chances and odds? and does ruling mean that the bookmaker can just put any value or odds in there? huh.gif
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reaper25
post Aug 28 2008, 09:12 AM
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ok i can attempt to differentiate odds and actual chances... in stat, odds represents the probability of getting the correct choice out an array of choices while in betting... it is represented by this form: choice/ (array-choice). while actual chances is simply choice/array. makes sense? laugh.gif blink.gif wacko.gif rolleyes.gif
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