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Bookies odds for Town ….. are

Posted: Wed Mar 15, 2023 6:09 pm
by hallamblue
I don’t understand betting offs at all so wouldn’t know if these are good for us or not …. Snd is it true the bookies rarely get it wrong ?

Explanations gratefully received …. Ta x

https://www.eadt.co.uk/sport/23388413.l ... uth-derby/

Re: Bookies odds for Town ….. are

Posted: Wed Mar 15, 2023 7:57 pm
by Cabanas Blue
They are offering 4/6 Ipswich so that means if you put £6 on Town you would win £4 and you receive £10 back, so the odds are bad if anyone wants a bet but it's good for us because they think we will get promoted, they don't always get it right it's just their opinion but hopefully they will be right this time.

Re: Bookies odds for Town ….. are

Posted: Wed Mar 15, 2023 9:12 pm
by hallamblue
Ah thanks for that :D 👍

Re: Bookies odds for Town ….. are

Posted: Wed Mar 15, 2023 10:02 pm
by Ricco
hallamblue wrote:
Wed Mar 15, 2023 9:12 pm
Ah thanks for that :D 👍
Yeah 4/6 is basically the bookies giving Town a slightly better than 50/50 chance of automatics. Strictly speaking it's a 60% chance, but it's always slanted towards the bookies so they can make those juicy profits, so probably more like 55%.

Re: Bookies odds for Town ….. are

Posted: Wed Mar 15, 2023 10:05 pm
by Ricco
FWIW they give Town about a 70% chance of promotion, which takes in to account promotion through playoffs.

Re: Bookies odds for Town ….. are

Posted: Wed Mar 15, 2023 10:06 pm
by hallamblue
Now you’re getting technical ! lol :lol: …but I did understand it , fank Q!

Re: Bookies odds for Town ….. are

Posted: Wed Mar 15, 2023 10:17 pm
by number 9
hallamblue wrote:
Wed Mar 15, 2023 10:06 pm
Now you’re getting technical ! lol :lol: …but I did understand it , fank Q!
So Ricco put the baby to sleep, so to speak. :D

Re: Bookies odds for Town ….. are

Posted: Wed Mar 15, 2023 10:31 pm
by hallamblue
Kind of. :lol:

Re: Bookies odds for Town ….. are

Posted: Sat Mar 18, 2023 12:54 pm
by Charnwood
What it means in the simplest of terms is that the bookies are pretty confident that Sheffield Wednesday will get promoted as Champions with Town promoted as Runners Up and Derby County will win the Play Offs.

What a result that would be.

Re: Bookies odds for Town ….. are

Posted: Sat Mar 18, 2023 1:18 pm
by marko69
Charnwood wrote:
Sat Mar 18, 2023 12:54 pm
What it means in the simplest of terms is that the bookies are pretty confident that Sheffield Wednesday will get promoted as Champions with Town promoted as Runners Up and Derby County will win the Play Offs.

What a result that would be.
Yep. The three largest League One clubs back in the Championship. Justice done.

Re: Bookies odds for Town ….. are

Posted: Sat Mar 18, 2023 2:51 pm
by Charnwood
Let’s hope the bookies have it right, to be fair they usually do a better job at it than the rest of us.