tablesaw: -- (Default)
Tablesaw Tablesawsen ([personal profile] tablesaw) wrote2003-08-14 12:53 pm

What Are the Odds?

No, really, what are the odds?

Before I go to bed, I have to mention that BoDog.com is currently tracking the odds for the outcome of the Special Election. These odds are flexible, since being posted on Monday, Davis' odds of beating a recall have risen from 8:1 to 4:1, while Bustamante has dropped slightly from 3:2 to 2:1. Schwarzenegger remains stead at 1:10, which, for non-sports-betters, is very different from 10:1. At 1:10 odds, you win $1 for every $10 dollars you bet.

Georgy Russell is as likely to win as Larry Flynt; both have 100:1 odds. They're both five times as likely to win as Gary Coleman at 500:1.

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