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how does oddschecker work
nete1234
26-01-2014
If it is a vote to save why is everyone certain that it will be between casey and lee.I cant see how that would work, even with oddschecker, If it was a vote to evict it would be a different story ?
Hicky
26-01-2014
Originally Posted by nete1234:
“If it is a vote to save why is everyone certain that it will be between casey and lee.I cant see how that would work, even with oddschecker, If it was a vote to evict it would be a different story ?”

There is a range of bets for the winner and a range for next eviction.

Lee is 8/11 to go tonight
Jim is 80/1 to go tonight.
------------
Lee is 100/1 to win.
Jim is 1/3 to win

You are just betting on an event to take place.
In Arcadia Ego
26-01-2014
Originally Posted by nete1234:
“If it is a vote to save why is everyone certain that it will be between casey and lee.I cant see how that would work, even with oddschecker, If it was a vote to evict it would be a different story ?”

Eh? Are you saying Casey would be more at risk in a vote to evict?
nete1234
26-01-2014
Originally Posted by Hicky:
“There is a range of bets for the winner and a range for next eviction.

Lee is 8/11 to go tonight
Jim is 80/1 to go tonight.
------------
Lee is 100/1 to win.
Jim is 1/3 to win

You are just betting on an event to take place.”

Sorry but the votes have not been counted yet, so how do the bookies know who is favourite to go
In Arcadia Ego
26-01-2014
Originally Posted by nete1234:
“Sorry but the votes have not been counted yet, so how do the bookies know who is favourite to go”

From the amount of money being placed.

What would be the point of setting odds after the result was in?
lynwood3
26-01-2014
Originally Posted by nete1234:
“Sorry but the votes have not been counted yet, so how do the bookies know who is favourite to go”

They set their odds by the amount of money placed on any particular bet.
jeanoj
26-01-2014
Originally Posted by nete1234:
“Sorry but the votes have not been counted yet, so how do the bookies know who is favourite to go”

People bet on a likely outcome therefore the ones at the top in the vote to evict are the ones people who are betting think are more likely to go.
nete1234
26-01-2014
Originally Posted by lynwood3:
“They set their odds by the amount of money placed on any particular bet.”

That makes me think that our votes dont count,It all comes down to who the punters think will go
jeanoj
26-01-2014
Originally Posted by nete1234:
“That makes me think that our votes dont count,It all comes down to who the punters think will go”

The bookies are not always right.
lynwood3
26-01-2014
Originally Posted by nete1234:
“That makes me think that our votes dont count,It all comes down to who the punters think will go”

The person who has the least votes to save goes.
Absolutely nothing to do with the betting.

People bet on what they think the outcome will be.

I don't understand your logic
abcd
26-01-2014
Liz was favourite several times and dodged the bullet
Hicky
26-01-2014
Originally Posted by nete1234:
“Sorry but the votes have not been counted yet, so how do the bookies know who is favourite to go”

You can only bet on a horse race before the race.

The betting odds has always predicted the result, well, not always.
Hicky
26-01-2014
Well, the betting odds were right again, Lee out.
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