Saw that and I had the same thought. It works out around a 6% return. Back today and you'll be paid out in around 5 and a half weeks. That is an annual interest rate of 365/38 * 6% = 57% which is better than the banks at present.karlboss said:For those interested using there is a no lose situation on the green jersey, Sagan 11/10 with paddy power, and Cavendish 23/20 with william hill. Well not no lose, but what are the chances of someone else getting up?
Boring I know, and most betters I know don't go in for guaranteed small money.
wirral said:Saw that and I had the same thought. It works out around a 6% return. Back today and you'll be paid out in around 5 and a half weeks. That is an annual interest rate of 365/38 * 6% = 57% which is better than the banks at present.
willbick said:Classic mug bet.
willbick said:Moreno was 5th in last year's Vuelta. He didnt ride the Giro this year for the first time in 4 years so comes to the Tour fresh after a fine 3rd place in the Dauphine. I got 500/1 - that's 125/1 to podium. If you think that's a mug bet good luck with yr sagan/cav .arb'.
willbick said:A low return doesnt mean a mug bet. 1.01 that tomorrow is saturday is a great bet! Its just that you are assuming either cav or sagan must win the green jersey. Yr odds give 6 percent chance they dont. Isnt that fair? Quite possible they could crash out or get ill or something. Obviously most likely one of them will win but 6 percent return is not big
willbick said:....if it wins. U act like its 100 percent guaranteed sagan or cav wins the green. Its not
willbick said:this is just meaningless. it's irrelevent whether the return is 6% or 600%. its a bet so its not a guaranteed return. the only thing that matters when having a bet is whether the odds are better than the actual probability of it happening. with any 'investment', whether its having a bet or putting it in a savings account you have to weigh up the chances that you will get yr money back!
Telmisartan said:If your confident and putting on thousands 6% will do nicely thank you very much.Listen to some professional gamblers,they will tell you.
search said:there is no value in this bet, Greipel alone has over 6% to win green, with or without Cavendish crashing out. And Sagan's price is way too short anyway.
6% is good if there is value, but in this bet there isn't, it's far away from a sure bet
search said:maybe it's you who should read your post again, you said "A 6% return for heavy hitters is an excellent bet.", referring to someone who is arguing that this is not a good bet.
And in generally it does not matter if you are a "heavy hitter" or not, 6% are still 6%, and no value is still no value