Premiership title odds!!!

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HugoEkitikeN01

HugoEkitikeN01

Dribbles
May 31, 2011
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<peacedove>William Hill's Latest title odds.
6-5 Manchester City
7-2 Arsenal
7-2 Chelsea
8-1 Liverpool
25-1 Manchester United
28-1 Everton
50-1 Tottenham
 
Gerrez said:
Serious question, how are the odds calculated? :bandit:
Click to expand...

I don't know the science but I know they calculate where who people are putting money on (united probably had quite a few bets on them at the start of the season which would have had an impact) and i'd imagine the rest is calculated on form and how well a team did on a demo season of Football Manager
 
6-5 Manchester City
7-2 Chelsea
4-1 Arsenal
6-1 Liverpool
20-1 Manchester United
33-1 Everton
100-1 Tottenham #from 50-1 after yesterday's game.
 
Gerrez said:
Serious question, how are the odds calculated? :bandit:
Click to expand...

There isn't a simple answer to that because bookies have several ways of setting the odds. They work on probability but as it's impossible to work out the actual true probability of a team winning, most go with what the betting public perceive the true probability to be. The odds quoted in the OP will change, obviously. What's interesting to me from those listed above is the big gap between us and utd.
 
johnsonsbaby said:
There isn't a simple answer to that because bookies have several ways of setting the odds. They work on probability but as it's impossible to work out the actual true probability of a team winning, most go with what the betting public perceive the true probability to be. The odds quoted in the OP will change, obviously. What's interesting to me from those listed above is the big gap between us and utd.
Click to expand...
Don't think it really was a serious question.
 
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