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General Discussion

brooklynite

(94,503 posts) Wed Mar 13, 2013, 08:59 PM Mar 2013

0

Anyone know how much the bookies had to pay off on Bergoglio?

I gather he was a 33-1 long shot.

7 replies

= new reply since forum marked as read

Highlight:

Anyone know how much the bookies had to pay off on Bergoglio? (Original Post) brooklynite Mar 2013 OP

an old white male homophobic misogynist Skittles Mar 2013 #1

There are so many to choose from? brooklynite Mar 2013 #3

I don't think you care. WinkyDink Mar 2013 #2

Probably nothing Travis_0004 Mar 2013 #4

yep eom arely staircase Mar 2013 #6

This is not parimutuel betting... brooklynite Mar 2013 #5

there were peope making book on this in eng. and ireland arely staircase Mar 2013 #7

Skittles

(153,150 posts)

1. an old white male homophobic misogynist

Reply to brooklynite (Original post)

Wed Mar 13, 2013, 09:03 PM

Mar 2013

why would he be a long shot?

brooklynite

(94,503 posts)

3. There are so many to choose from?

Reply to Skittles (Reply #1)

Wed Mar 13, 2013, 09:07 PM

Mar 2013

WinkyDink

(51,311 posts)

2. I don't think you care.

Reply to brooklynite (Original post)

Wed Mar 13, 2013, 09:04 PM

Mar 2013

Travis_0004

(5,417 posts)

4. Probably nothing

Reply to brooklynite (Original post)

Wed Mar 13, 2013, 09:36 PM

Mar 2013

A good bookie wouldn't care what the outcome is, because ideally they make money regardless of who wins.

If they continually adjust the odds, then when the odds go up, more people bet on that person. When the odds go down, less people bet. With these adjustments, they have enough people betting on each person that they win money regardless of who wins.

arely staircase

(12,482 posts)

6. yep eom

Reply to Travis_0004 (Reply #4)

Wed Mar 13, 2013, 09:53 PM

Mar 2013

brooklynite

(94,503 posts)

5. This is not parimutuel betting...

Reply to brooklynite (Original post)

Wed Mar 13, 2013, 09:51 PM

Mar 2013

With English/Irish bookies, you're betting against the house.

arely staircase

(12,482 posts)

7. there were peope making book on this in eng. and ireland

Reply to brooklynite (Reply #5)

Wed Mar 13, 2013, 09:55 PM

Mar 2013

no way they weren't

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