"The Tour de France is over and its winner is Jan Ullrich. That, at least, is the prognosis of Britain's leading bookmaking firm, William Hill, which reshuffled its Tour de France betting odds Saturday and flushed American Lance Armstrong from the top spot for the first time in four years."
From Eurosport.com
I wonder how they calculated those odds? Jan had an awesome TT and a good day yesterday, but until we see what happens monday I would still regard LA as the #1 favorite.
Darren.
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"The Tour de France is over and its winner is Jan Ullrich. That, at least, is the prognosis of Britain's leading bookmaking firm, William Hill, which reshuffled its Tour de France betting odds Saturday and flushed American Lance Armstrong from the top spot for the first time in four years."
From Eurosport.com
I wonder how they calculated those odds? Jan had an awesome TT and a good day yesterday, but until we see what happens monday I would still regard LA as the #1 favorite.
Having followed each tour since 1978, the most likely scenario is that Ullrich will indeed win. The pressure is on Armstrong and he doesn't seem to have the legs.
Other than the criss-cross in 1989 with Lemond and Fignon, no "failing" contender ever came back to win.
"Darren S." <[email hidden]> wrote in message "]news:[email hidden]...
Quoted message said:
"The Tour de France is over and its winner is Jan Ullrich. That, at least, is the prognosis of Britain's leading bookmaking firm, William Hill, which reshuffled its Tour de France betting odds Saturday and flushed American Lance Armstrong from the top spot for the first time in four years."
From Eurosport.com
I wonder how they calculated those odds?
Odds are calulated based upon the customer's betting patterns. The bookmakers try to set them in such a way that the money will be spread evenly on the contestants, thereby earning the bookmakers a profit no matter what the outcome.
It doesn't have much to do with the race itself, only peoples' perceptions of the race.
I wonder how they calculated those odds? Jan had an awesome TT and a good day yesterday, but until we see what happens monday I would still regard LA as the #1 favorite.
According to how much money they think they might lose... ...or how much money they think they might gain...
"Darren S." <[email hidden]> wrote in message "]news:[email hidden]...
Quoted message said:
"The Tour de France is over and its winner is Jan Ullrich. That, at least, is the prognosis of Britain's leading bookmaking firm, William Hill, which reshuffled its Tour de France betting odds Saturday and flushed American Lance Armstrong from the top spot for the first time in four years."
From Eurosport.com
I wonder how they calculated those odds?
Isn't it based on bets placed? If a lot of people lay down bets against Armstrong they keep tweaking the odds. That is how it works with horses.
Jan had an awesome TT and a good
Quoted message said:
day yesterday, but until we see what happens monday I would still regard
LA
Quoted message said:
as the #1 favorite.
Darren.
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