A Conversation for Ask h2g2

Trifling Question

Post 1

Mu Beta

Anything to get us away from these people who are asking me what I'm doing/wearing "at this moment." Surely the fact I'm on h2g2 should be enough smiley - winkeye

Anyway, my question: We are familiar with the way bookmakers odds are notated, with 2-1 representing a (putative) 33% chance, and these odds increase fairly logically, to whit: 2-1, 5-2, 3-1, 7-2 etc.

Why, then, when they encounter a probability equating to 3 in 13, is it expressed as 100-30, rather 10-3 (the lowest common denominators)?

Just wondering....

B


Trifling Question

Post 2

Beatrice

i think 10 to 3 could be misinterpreted....


Trifling Question

Post 3

Mu Beta

As what? The time?

B


Trifling Question

Post 4

There is only one thing worse than being Gosho, and that is not being Gosho

I always used to wonder that too smiley - erm

Perhaps it's because they don't like to express odds with a single digit after the slash unless it's X/1. I guess 100/30 isn't far off 3/1, and 10/3 just don't look right. Or maybe it makes it easier to work out the winnings on an each-way bet.

I dunno, I've only ever been in a betting shop twice in my entire 46 years.

Top marks for trying steer things away from "What colour underpants are you wearing right now" though smiley - cheers


Trifling Question

Post 5

Washington Delaney

100/30 is used precisely to avoid confusion with "ten to three" which is a race time smiley - smiley


Trifling Question

Post 6

Mu Beta

Ah...thanks Washington - so why do they still use 10-1 then?

B


Trifling Question

Post 7

Jack-oh, back on dry land for three whole weeks...

What a swizz...

nothing about trifles at all!

smiley - tongueout

Jack-oh


Trifling Question

Post 8

Orcus

So can't 5-2 also be misinterpreted as the time? smiley - winkeye


Trifling Question

Post 9

Captain Kebab

Be very careful if you are told that your train is at 2210.


Trifling Question

Post 10

Mu Beta

(Very old train joke)

That's just the odds of it arriving.

B


Trifling Question

Post 11

Orcus

at all? or just one time? smiley - winkeye


Trifling Question

Post 12

Simon the Silly Sausage (Gone AWOL from h2g2)

It's quoted 100-30 because that's how the French used to quote all their odds.
Anything quated against 100 is still known as French odds.
I heard it was because they had a metric currency long before us, so using odds based on 100 made it easy to work out returns, where as with our pounds shillings and pence, noone knew what was going on smiley - winkeye

I'm not sure why only this one migrated across the channel, perhaps the others got detained by customs on the eurostar smiley - winkeye

100-30 is often called a Berlington Bertie. Which I think is cockney ryming slang for 30 too.

Simon the smiley - sillysmiley - hotdog who feels like he spends far too much time in the bookies now.


Trifling Question

Post 13

Orcus

That sounds more reasonable smiley - cheers


Trifling Question

Post 14

Mu Beta

This worries me...given that this system is continental in origin do we, under our new Euro-Friendly Government, now have to await the EC bookies legislation:

"All odds quoted on any sporting or non-predetermined event must be offered as fractions of one hundred, in order to concur with the current metric system. Any bookmakers found taking bets at 9-2, 7-2, 5-1 or other firvolous odds will be prosecuted to the extent of the law and all customers' bets will be declared null and void. Conversion tables for the hard-of-multiplication will be issued as standard to all branches of Ladbrokes and W Hills."

Think what it'd do to insurance calculations smiley - wah

B


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