It's not what you would bet, it's the odds that those who organize the bets are willing to offer. Since ARR is regarded as so likely to win, the bookmakers will not offer you anything lower than 1/35 odds. You wouldn't place such a bet either.
A simple way to understand it - just look at the fraction, lower the value higher the chances of the outcome. ________________________________ From: sath.murthy <[email protected]> To: [email protected] Sent: Saturday, February 21, 2009 11:44:19 PM Subject: [arr] Re: Betting Sites Don't Favour Rahman - Gops.. Please Clarify. Gopal, I still don't get it. Bet Less and Win more.. is that's not the way to go... If i bet $10 on Meryl streep i will get $40.. I read your post again and again (more than 15 times) but i don't understand it at all.. Hope you can clarify my doubt. Thanks, Sath. --- In arrahmanfans@ yahoogroups. com, "Gopal Srinivasan" <catchg...@. ..> wrote: > > I think the Times is interpreting the odds incorrectly. The way to > read the odds is 1/5 means for every $5 wagered, you would get only > $1. That means, in the below case chances of ARR winning are seen to > be far higher - meaning if you wagered $35 you only get $1 if ARR won. > > I reproduce this example from a forum: > > As an example. How do Winslet and Streep stack up against each other? > > Kate Winslet 1/3 > Meryl Streep 4/1 > > Think of it as, "If you want to win the amount of money on the left, > you have to bet the amount of money on the right." So if we're talking > dollars, a $3 bet for Kate Winslet would pay off in $1 won. However, > betting only $1 on Meryl Streep would pay off in $4 won (and a $3 bet > on her would give you $12). Thus, they're saying Kate is 12 times more > likely to win. > > > --- In arrahmanfans@ yahoogroups. com, "Jahanzeb Farooq" > jahanzebtippu@ wrote: > > > > was'nt it James Howard for Defiance which that leaked winners list > > also says? i am getting worried now, is there some truth behind that > > leaked list. > > though at first it did not make much sense to me, because i think > > Desplat (CCOBB) or Elfman (Milk) are more likely to do the upset > > rather than Howard. > > > > > > > > --- In arrahmanfans@ yahoogroups. com, Sam <samsinging@ > wrote: > > > > > > While India hopes and prays for A R Rahman to create musical history > > at the Oscars, international websites are not so optimistic. The > > master composer has slipped in both categories he has been nominated > > in (best original score and best song). James Howard's Defiance is the > > favourite with odds at 1/5, while Rahman stands at 1/35. > > > > > > http://timesofindia .indiatimes. com/Slumdog- Millionaire- sizzles-on- > > global-betting- sites/articlesho w/4163276. cms > > > > > >
