thehog
BANNED
Re: agenda
How can it be '3 to 1 against'? 3:1 is the payout terms not the probability of Boardman being the EPO 'visable positive' which I expressed.
Its basic math.
In other terms;
1 in 3 is 33.333% not >25%.
ebandit said:why not hoggy....more likely it was NOT boardman........3 to 1 against..
Mark L
How can it be '3 to 1 against'? 3:1 is the payout terms not the probability of Boardman being the EPO 'visable positive' which I expressed.
Its basic math.
"3:1" or "3 to 1" means that the payoff is 3/1 (or "three times") the original bet, if it succeeds. Such a payoff reflects the bookmaker's (or counterparty's) belief that the odds of success are less than 1 in 4 (4=1+3) or less than 25%.
In other terms;
1 in 3 is 33.333% not >25%.