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The Colts are the favorites at this time, because 3-1 are the lowest odds on the board.
In other words you win less money betting on them than any team in the field with a $100 bet.
And also, you realize you just contradicted your answers to my questions. In Question 1 you said Team A was the favorite.
The Colts are the favorites at this time, because 3-1 are the lowest odds on the board.
In other words you win less money betting on them than any team in the field with a $100 bet.
Team A is the favorite
I'm not arguing the phrase "odds-on". My problem is the use of the word "favorite", especially when combined with a switch of the better odss, because that then becomes incredibly ambiguous.
The way you use the terms, for both Question 1 and Question 2 your answer would be "Team A is a 7-2 favorite", right?
So, Jim, the statement "the Colts are 3-1 favorites" is a correct one?
Should I get Kori to lock this thread so that you two can stop fighting?
I love you both
Yeah, and it's the Detroit Lions...
Stop encouraging this thread Disgruntledlionfan
I don't want Shoog & Jim to be fighting
This sounds su iously like something Jim would say . . .
OSC, this isn't fighting.
I'm a lover, not a fighter :p
Shoogar Bear topics waste internet bandwidth.
That's my bear
And you are a waste of time on earth...
Don't be picking on my Bear
Shoog, I was wrong. The Colts would be an 3-1 odds against favorite. Detroit is a 2-7 odds on favorite.
Well you're a waste of my oxygen.
Good. No room for ambiguity in either one of those statements.
When Jim says, "Detroit is a 7-2 favorite", there is no way to fathom precisely what's going on in his addled mind. However, we all still have great hopes for him someday.
But to my knowledge, the terms "odds against" and "odds on" only apply when get more than double what you wager, or conversely less than half of what you wager...
They are a 7-2 favorite....that means that they are a 3.5-1 favorite, in other words, they have a 3.5-1 chance of winning it all compared to the field.
But the betting line is 2-7.
That is purely a betting line, it is listed as that specifically to tell the bettor how much he needs to bet to win $100.
Yes, that is correct.
If there was another team at 2-1, then the Colts would be a 3-1 underdog.
Only the team with the lowest odds is the favorite.
Where are you getting the 7-2?
EDIT: I see what you're saying now. My brain is not working well today...
Last edited by DisgruntledLionFan#54,927; 03-30-2006 at 10:14 PM.
Do you think this statement is accurate: "The Colts are 3-1 favorites. They have a 3-1 chance of winning it all compared to the field. But the betting line is 1-3".
My guess is that most people would say that's an incorrect statement. But it's exactly the same as yours, plugging in the relevant numbers.
Don't worry Old School Chic, we Southern males can not ignore challenges, it may be juvenile and atavistic, but this gets our pulses going....it is nothing personal...just having fun here.
Ok Jimbo... I trust youDon't worry Old School Chic, we Southern males can not ignore challenges, it may be juvenile and atravistic, but this gets our pulses going....it is nothing personal...just having fun here.
Well, that's at least one person then.Ok Jimbo... I trust you
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