odds on the election

A

andrasnm

http://www.mybetting.co.uk/2004-us-presidential-elections.htm

ok - since we are trading wizards we should understand these numbers, no?
I admit - I have no clue.
Anyone care to help out?
13-8
is that if you put up 13 $ or shekels you get back 8?
......or..

if you bet one dollar on bush, you win your dollar back plus 8/13 of a dollar (62 cents).

if you bet one dollar on kerry, you win your dollar back plus 13/8 of a dollar ($1.63)
 
Perfect...here is a quote from the website above... I guess I better run off to the voting booth...

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Who will stand for the next term in the Whitehouse? The US Presidential Elections take place in June 2004

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I may wait until November to vote....at least this time...

Don
 
So you don't know?
I frankly don't give a rats ass who wins I just like to understand those silly numbers.
Quote from Don Bright:

Perfect...here is a quote from the website above... I guess I better run off to the voting booth...

----------------------------------------

Who will stand for the next term in the Whitehouse? The US Presidential Elections take place in June 2004

-----------------------------------------------------------

I may wait until November to vote....at least this time...

Don
More...
 
Quote from andrasnm:

So you don't know?
I frankly don't give a rats ass who wins I just like to understand those silly numbers.
More...

"Who will stand for the next term in the Whitehouse? The US Presidential Elections take place in' June 2004 '

Whats there to understand? There is no presidential election in June.
 
That is a typo (maybe the line will change in June - whatever)! Please pay attention to the odds likely they are better than any inane poll you find at home.
I agree the numbers will become more interesting later this year.

Quote from sulong:

"Who will stand for the next term in the Whitehouse? The US Presidential Elections take place in' June 2004 '

Whats there to understand? There is no presidential election in June.
More...
 
If you bet $13 you win $8 (and you get your $13 stake back). Which is the same as "if you bet one dollar on bush, you win your dollar back plus 8/13 of a dollar (62 cents)"



Quote from andrasnm:

http://www.mybetting.co.uk/2004-us-presidential-elections.htm

ok - since we are trading wizards we should understand these numbers, no?
I admit - I have no clue.
Anyone care to help out?
13-8
is that if you put up 13 $ or shekels you get back 8?
......or..

if you bet one dollar on bush, you win your dollar back plus 8/13 of a dollar (62 cents).

if you bet one dollar on kerry, you win your dollar back plus 13/8 of a dollar ($1.63)
More...
 
It is the same in both cases....
Quote from mmillar:

If you bet $13 you win $8 (and you get your $13 stake back). Which is the same as "if you bet one dollar on bush, you win your dollar back plus 8/13 of a dollar (62 cents)"
More...
 
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