Anyone know who are the bookies favourites to finish second bottom?
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Thread: Odds to finish second bottom
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08-05-2014 11:30 AM #1First Team Regular
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Odds to finish second bottom
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08-05-2014 11:31 AM #2Left by mutual consent!
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Hibs are 8/13
Originally Posted by IFONLY
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08-05-2014 12:04 PM #3Coaching Staff
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6/1 2 weeks ago. 12/1 a week or so before that. Those that took the bet now have a no lose situation by backing Hibs at 11/10 on saturday
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08-05-2014 12:16 PM #4First Team Regular
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Find it very strange that we are favourites to be second bottom yet we are the bookies favourites to win on Saturday. Originally Posted by mim
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08-05-2014 12:18 PM #5Ultimate Slaver
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Originally Posted by IFONLY
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Some bookies had Hearts at 3/1 to win the last derby, despite the fact that most Hibs fans considered them favourites. Sometimes bookies are wrong.
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08-05-2014 12:22 PM #6First Team Regular
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Not saying that bookies sometimes get it wrong, but the odds are contradictory...... Originally Posted by keekaboo
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08-05-2014 12:23 PM #7
Without restarting the old nonsensical discussion about 'betting against your own team' , I'd be surprised if any gamblers have not made a fortune from Hibs results over the past few weeks.
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08-05-2014 12:24 PM #8Ultimate Slaver
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Originally Posted by IFONLY
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I know, I got the point. Maybe I should have said that I think that bookies are sometimes just not very bright
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08-05-2014 12:26 PM #9Coaching Staff
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7/2 @ SkyBet Originally Posted by keekaboo
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08-05-2014 12:27 PM #10Left by mutual consent!
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And this Saturday too. £10 on a Killie win, £10 on a draw returns £32 minimum either way. Printing money. And if the absolute unassailable happens and the impossible occurs we all win Originally Posted by Jim44
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08-05-2014 12:32 PM #11Coaching Staff
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It comes down to 8/13 being the price for Killie to win or draw, so you are backing two out of the three outcomes possible with one bet. Originally Posted by IFONLY
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08-05-2014 12:36 PM #12First Team Breakthrough
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Although favourites to win the game, remember that Killie only need a draw as well. Therefore the result of a draw or Killie win, will see us be second bottom. Originally Posted by IFONLY
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The odds on Hibs are 6/5 to win the game, and for the double chance market (of a draw or Killie win) is priced at 7/10.
They are therefore saying a draw or killie win is more likely than a hibs win, and hence why we are favourites and odds on to finish second bottom.
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08-05-2014 01:14 PM #13Testimonial Due
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The reason for that is that there are two possibilities that can send us into 2nd bottom and only one that will allow us to escape in the context of two possible outcomes. The bookies price up based on probability amongst other things. Straight off the bat, there is a 33.33% chance we'll stay up compared to a 66.67% chance we'll have a further 2 games to play this season. The odds will reflect this, together with other factors. Originally Posted by IFONLY
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The formula used to determine the odds for the game itself are somewhat different. There are three possible outcomes for a start, as opposed to just the two in respect of finishing 11th. Home "advantage" has a massive impact on bookies odds. In addition, it is highly possible that some big stakes will impact the odds offered. For instance, people will back Killie or the draw and obtain better odds for both options than the 8/13 for us to finish 11th. I can't quite work out why we're favourites to win the game though, that much is lost on me. If anything, the odds should be roughly even for either side to win, with the draw being slightly better odds.
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08-05-2014 02:57 PM #14Testimonial Due
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I feel happier now, when I logged into hibsnet I got a big green tick on my screen with the words "This page is safe"
Or is it all a big lie and we will get gubbed on Saturday?
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08-05-2014 03:20 PM #15Ultimate Slaver
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What are the odds on Hibs scoring a goal?
Must be pretty high, surely.
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08-05-2014 03:34 PM #16Coaching Staff
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hIbs are favs to win but still odds against as the more likely outcome is a draw or killie win hence the 8/13 hibs to be second bottom Originally Posted by IFONLY
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