Mueller Testimony: Live

[FCBurnley]

Your question doesn’t make sense. The odds aren’t affected by the stake (unless the stake is big enough to affect the betting market).

So you are saying I get 7.6 x 2.5 ?

[Greenmile]

So you are saying I get 7.6 x 2.5 ?

For a 2.50 bet at decimal odds of 7.6, yes that would be your total winnings, including stake. Your profit would only be 6.6 x 2.50 though, the same as if you placed the bet at 6.6/1 (which you did).

[Imploding Turtle]

So if my stake is 2.50 what are the decimal odds ?

7.6 still

The odds don't change depending on your stake.

at 33/5 if you placed a £2.5 bet your return would be £19 (£16.50 winnings, and your £2.50 stake)

19 divided by 2.5 equals 7.6, so 7.6 would be the digital odds and 33/5 the fractional odds.

[Imploding Turtle]

So you are saying I get 7.6 x 2.5 ?

This is exactly right. It's why i find decimal odds easier to use. But if you're more used to fractional odds then that's what you'll find more easy to understand. But really, decimal is simply. Whatever the decimal odds, that's how many times your stake you get back.

I won't judge you for having trouble with the conversion. I've tried several times to understand American odds and i still haven't got a clue what you ***** are doing.

[FCBurnley]

Ok Got it. So there is no such decimal bet as 7.6/1. Only 7.6 which looks better odds than 6.6/1. Read the small print if placing a bet is the moral to this story. Still think Trump is a great bet at about evens...................I guess thats 2 in decimal betting !!!!

[FCBurnley]

This is exactly right. It's why i find decimal odds easier to use. But if you're more used to fractional odds then that's what you'll find more easy to understand. But really, decimal is simply. Whatever the decimal odds, that's how many times your stake you get back.

I won't judge you for having trouble with the conversion. I've tried several times to understand American odds and i still haven't got a clue what you ***** are doing.

As you know I live in America and dont understand American odds either. Designed to confuse a bit like decimal odds I think.

[Imploding Turtle]

Ok Got it. So there is no such decimal bet as 7.6/1. Only 7.6 which looks better odds than 6.6/1. Read the small print if placing a bet is the moral to this story. Still think Trump is a great bet at about evens...................I guess thats 2 in decimal betting !!!!

7.6/1 would be 38/5

If ever you see someone mashing fractions and decimals together like that it's just a decimal odds person trying to make it easier to understand what the fractional odds are.

functionally 33/5 and 6.6/1 are the same. If you add 1 to the stake side, you add 6.6 to the profit side.
All decimal odds is doing is taking 6.6 and adding the stake to it to make 7.6
This is why the lowest possible decimal odds is 1.0 (implied probability being 100% at this price)

[Greenmile]

Ok Got it. So there is no such decimal bet as 7.6/1. Only 7.6 which looks better odds than 6.6/1. Read the small print if placing a bet is the moral to this story. Still think Trump is a great bet at about evens...................I guess thats 2 in decimal betting !!!!

You've got it. Evens = 2.0.

I'd never heard of American betting before I read IT's post, but I've just had a Google and it seems really weird, though I can sort of see the logic. Is that how odds are generally given in the US, or is betting still illegal in most places? Wikipedia seems to suggest online gambling is banned in most states, but I'd imagine that's pretty much unenforceable.

How easy would it be for you to put a bet on the next Burnley game, for example?

[FCBurnley]

Cant bet online officially and cannot bet on any UK sites. But my son bets online with Bovada which I think is Canadian. You can bet on pretty much anything in the casinos which are mainly in Nevada or owned by Indian Tribes in say Florida for example. One thing that is interesting here is that say in the Womens World Cup the odds on USA would be way lower than in UK. So there are occasions to get better value. As for betting on PL its either online thru the likes of Bovada or in one of the Casino sports books. Hope that helps. Finally I dont understand how you can have decimal odds price of 1 ? surely that means you just get your stake back ? 1.1 would be 1/10 in fractions I think

[Greenmile]

Cant bet online officially and cannot bet on any UK sites. But my son bets online with Bovada which I think is Canadian. You can bet on pretty much anything in the casinos which are mainly in Nevada or owned by Indian Tribes in say Florida for example. One thing that is interesting here is that say in the Womens World Cup the odds on USA would be way lower than in UK. So there are occasions to get better value. As for betting on PL its either online thru the likes of Bovada or in one of the Casino sports books. Hope that helps. Finally I dont understand how you can have decimal odds price of 1 ? surely that means you just get your stake back ? 1.1 would be 1/10 in fractions I think

Right again. You can't have decimal odds of 1.

Odd-on bets (shorter than evens) are where where fractional odds make more sense - they can get confusing in decimal.

2/7 (bet £7 for £2 profit, or £9 return) seems far more intuitive to me than 1.286, for example.

Also - thanks for the info.

[ClaretMoffitt]

The evolution of Turtles.

67179552_658407658004453_8889125552892411904_n.jpg (42.23 KiB) Viewed 539 times

[FCBurnley]

The evolution of Turtles.

67179552_658407658004453_8889125552892411904_n.jpg

Surely it should be extinction not evolution

[FCBurnley]

Right again. You can't have decimal odds of 1.

Odd-on bets (shorter than evens) are where where fractional odds make more sense - they can get confusing in decimal.

2/7 (bet £7 for £2 profit, or £9 return) seems far more intuitive to me than 1.286, for example.

Also - thanks for the info.

You are welcome. Decimal works for most bets but certainly not all. Cant imagine the carnage if on track bookies used it.

[Imploding Turtle]

You are welcome. Decimal works for most bets but certainly not all. Cant imagine the carnage if on track bookies used it.

I can't think of a scenario where it wouldn't work.

[Pstotto]

Keep the discussion lite...

[Imploding Turtle]

Republicans have blocked another election security bill because they don't want the democrats to have a "political benefit" from Russia not hacking the election

These are the real people who hate America and hate democracy.

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