Posted on 11/10/2016 3:55:20 AM PST by Trump20162020
Actually, it implies there were many more people betting on Hillary winning than Trump. The odds are calculated on the number of takers for each side of the bet. This is why the house never loses.
Tosser
Pillock
But the chance of winning is not necessarily (or even usually) the same as the chance of losing. This is what odds are all about.
If you do not understand this, you are far better off never placing any sort of bet.
Hahahaha - I’ve profited from many a wager in my day, far more than my share. Thanks for the advice though. Too funny.
Hurray for you. Your posts certainly led me to believe that you knew nothing whatsoever about probability, thus the well-meant advice.
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