The flag betting market is absurd this year
It so compressed (with 9 teams priced bw $7 and $14) that it's essentially meaningless
It so compressed (with 9 teams priced bw $7 and $14) that it's essentially meaningless
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Oh.Fudging facts again.Carlton and GWS are same level as both Collingwood and Sydney , yet you forgot them in your statement.
It just shows how even the competition is.The flag betting market is absurd this year
It so compressed (with 9 teams priced bw $7 and $14) that it's essentially meaningless
CorrectIt just shows how even the competition is.
14th now is it ? It was 17th a few weeks ago - maybe the list improved since your last postCollingwood
Geelong
Hawthorn
Brisbane
Fremantle
Sydney
GWS
Adelaide
Gold Coast
Port Adelaide
Bulldogs
St Kilda
North Melbourne
Carlton
Essendon
West Coast
Melbourne
Richmond
A lot of drivel without saying anything.
But are you saying that it is not more 'probable' for Brisbane to win the flag than any other team in the competition? For example, Richmond?
Opinions are based on data, and betting markets are based on these opinions.
Otherwise, how do YOU assess the relative 'probabilities' of each team winning the flag?
I am yet to see a market where Collingwood is ahead of Carlton in premiership betting for 2025Oh.
Do ALL betting agencies offer exactly the same odds?
And it was simply an example for the point of the discussion.
'But, but, but you left out Carlton....'
Indeed - you left out Carlton from your own post ( purposefully) and in order to make another troll. So the "data" you reference isnt data at all - is it? Your opionion is superior in yoru opnion from the aggregate (current) pricing of VAR and just proves teh point that has been made to you by numerous posters over time - your opnion is just that and doesn't speak to probability at all- because it can't.Oh.
Do ALL betting agencies offer exactly the same odds?
And it was simply an example for the point of the discussion.
'But, but, but you left out Carlton....'
So how do you determine the relative probabilities of each team winning the flag?Ive just politely told you (again) that there is a difference between 'opnion' and probability ...
Betting markets are based on making a risk free profit on VAR - simple as that. Punters can come to their opnion by whatever means they choose to - oija boards, abacuses, spreadsheets and hope...whatever flloats their boat. they can even parade their opnion as derived from 'data' - and use whatever nonsense they choose to imbue thier ignorant postings with a form of slef madfe cheap gravitas - punteres are free to punt.
However, the fact that punters actually create and maintain simple arbitrage profits enjoyed by businesses is testament to nuffie notions held by the ingnorant and uneducated but full of opinion like those you post about stuff you dont understand.
14th. 17th.14th now is it ? It was 17th a few weeks ago - maybe the list improved since your last post
It was a simple example that some teams are more likely than others.Indeed - you left out Carlton from your own post ( purposefully) and in order to make another troll. So the "data" you reference isnt data at all - is it? Your opionion is superior in yoru opnion from the aggregate (current) pricing of VAR and just proves teh point that has been made to you by numerous posters over time - your opnion is just that and doesn't speak to probability at all- because it can't.
Be patient and wait until April 2025.I am yet to see a market where Collingwood is ahead of Carlton in premiership betting for 2025
Carlton and Adelaide in the top 3...Okay, rather than rating them on what I feel their team is like
Lets do a ladder predictor where you then apply that to fixture and HGA
View attachment 2196069
because probability has NOTHING to do with 'opnion' or betting odds.
Is that right?Agencies frame a summary market, from there, it's punter wagering that force odds to change
Brisbane’s draw is absolutely brutal. With a real short preseason and large rehab group at the moment they won’t finish top.
Firstly, 4 sides are in that market before the preliminary, then 2Is that right?
So if Brisbane are $4 for the flag before the Preliminary Final, it's the punters' money that brings them in to $1.80 for the Grand Final after they win the Preliminary Final, not the betting agencies calculating the revised probability before reopening their books?
Makes perfect senseFirstly, 4 sides are in that market before the preliminary, then 2
Based on volume of money
So odds = probabilityWhat? Odds has everything to do with probability, and the mathematical equation is not complex at all, it's very simple.
Odds = probability/(1-probability)
How do you think bookmakers frame an opening market on Thursday before raceday Saturday? They compute what they think the probability of a horse winning is, and set odds accordingly.
I think I get what you are saying in that they can only make an inexact computation of probability based on all availability information to them, but odds are entirely based on probability
How is it done then?Rubbish
Makes perfect sense
We are ok with 3-4 years of pain