Oh SNAP!! (Or should I say "SNIP")
Here is a perfect example of the 2-7, 7-2 scenario:
Odds to win Western Conference as of 3-30-06
Dallas Mavericks 7-2
Denver Nuggets 20-1
San Antonio Spurs 5-8
Dallas is 7-2, Detroit is 2-7....Detroit is favorite, Dallas is not the favorite, as SA is favorite at 5-8.(nedd to bet $80 on SA to win $50)
Now do you see????
I know was commonplace in the ancient times to keep the young studly man in the crowd, from having his way with all the young hotties in the Queen's service by castrating the stud. This was done because they knew that the hotties would be more than willing to give themselves willingly to the stud. It follows that it is natural that you think that is still in practice, with studs like myself in this Forum, but Kori (Princess)did not snip off my balls....I assure you.
Really? Then explain the current odds to win the 2007 Super Bowl (http://www.vegas.com/gaming/futures/superbowl.html):
Not an single even money team.Indianapolis Colts 3/1
Seattle Seahawks 6/1
New England Patriots 7/1
Carolina Panthers 8/1
Pittsburgh Steelers 9/1
Dallas Cowboys 10/1
San Diego Chargers 12/1
Denver Broncos 10/1
New York Giants 15/1
Chicago Bears 10/1
Tampa Bay Buccaneers 17/1
Cincinnati Bengals 20/1
Washington Redskins 20/1
Jacksonville Jaguars 30/1
Kansas City Chiefs 25/1
Atlanta Falcons 25/1
Philadelphia Eagles 18/1
Miami Dolphins 25/1
Minnesota Vikings 25/1
Green Bay Packers 35/1
Baltimore Ravens 40/1
Cleveland Browns 50/1
St. Louis Rams 50/1
Buffalo Bills 60/1
Oakland Raiders 45/1
Arizona Cardinals 70/1
Detroit Lionss 60/1
Houston Texans 80/1
New Orleans Saints 80/1
San Francisco 49ers 100/1
Tennessee ans 125/1
New York Jets 100/1
I readily admit that you're supposed to know this stuff a lot more than me, but you're not making any sense. Even less than usual.
Read my lips:
I said It is impossible for two teams to have those odds.
If you have a huge sampling like the whole NFL, then naturally you will not have some team at even money, unless you look at the early 90's when Dallas was a 2-3 fav at the start of their season after their first SB.
Shoogarbear & Jim,
Please shake hands and say your sorry.
No more fighting about what team is what...
And what exactly are you arguing about??????
Are you saying that Detroit is not a 7-2 favorite????
Look it up.
He is the one that keeps pressing the issue.
As I just asked, I do not know what he is arguing about anyway.
Oh, geez.
Okay, I know you think you're being cute not answering my original question by changing the point of the discussion. So that we don't sidetrack again, I will grant you everything you just said in the above post, even though it has NOTHING to do with my original qustion. I will now restate my question, and this time, answer it, .
Question 1. Which team is the favorite?
Team A, 7-2 odds
Team B, 8-1 odds
Teams C through Z, all with odds that are 8-1 or greater and are realistic and acceptable so that Vegas won't lose money
Question 2. Which team is the favorite?
Team A, 2-7 odds
Team B, 7-2 odds
Team C, 8-1 odds
Teams D through Z, all with odds that are 8-1 or greater and are realistic and acceptable so that Vegas won't lose money
Yes you do, although you're trying to play dumb.
You originally said that Detroit was a 3.5-1 favorite. You then tried to say that 3.5-1 is betting $3.5 to win $1. If that's true, then what are the odds when you bet $1 to win $3.5?
What you did is screw up and write the odds backwards, but you don't want to admit it.
It's A in both examples...
double post
Last edited by ShoogarBear; 03-30-2006 at 05:22 PM.
Oh, geez.
Okay, I know you think you're being cute not answering my original question by changing the point of the discussion. So that we don't sidetrack again, I will grant you everything you just said in the above post, even though it has NOTHING to do with my original qustion. I will now restate my question, and this time, answer it, .
Question 1. Which team is the favorite?
Team A, 7-2 odds
Team B, 8-1 odds
Teams C through Z, all with odds that are 8-1 or greater and are realistic and acceptable so that Vegas won't lose money
Question 2. Which team is the favorite?
Team A, 2-7 odds
Team B, 7-2 odds
Team C, 8-1 odds
Teams D through Z, all with odds that are 8-1 or greater and are realistic and acceptable so that Vegas won't lose money
What is your point????
As I said, Detroit is favored to win the East with 2-7 odds...they are therefore a 7-2 favorite. Dallas is a 7-2 underdog, and their odds are 7-2.
Do you not understand?
My answers are in bold
Correct, it's A in both examples. Thank you.
Now, however, would you agree that the payoff for a 7-2 favorite is NOT the same as the payoff for a 2-7 favorite?
Yes, I know this is painfully simple, but bear with me for Jim's sake.
We have to do this once every couple of months or so when Jim gets too frisky.
Finally.
My point is you cannot say they are a "7-2 favorite" when they are actually a "2-7 favorite". Those terms are NOT interchangeable.
Read my last post.
Betting Odds are listed differently than saying what the favorite is.
Detroit is a 7-2 favorite, but the betting odds are 2-7.
That is just the way it is.
You're missing his point. A 2-7 bet is an odds on bet. A 7-2 bet is an odds against bet...
You're arguing semantics...
Yes you can.
Detroit is a 7-2 favorite.
That means that their chance of success is 3.5-1
One last question. In the list of Super Bowl odds given above, would it be correct for someone to say that the Colts are "3-1 favorites" or not?
Not really. Favorites is used very loosely in the betting world...
So you would say there is no favorite to win the Super Bowl?
i think you would just say the colts have 3-1 odds to win the super bowl - they would be favored, but those odds are subject to change. nice avatar lions fan... are you glad harrington is gone?
The favorite in betting in a list of teams, is the team with the lowest odds.
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