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Punters lose their shirts

"And William Hill also offers 100-1 that Rolf Harris, Barry Humphries, Lleyton Hewitt, Evonne Goolagong or Dennis Lillee are called up to Australia's Test squad."

I mean, really... *dies laughing*

this is like a foreign language...

Date: 2005-06-22 03:39 am (UTC)
From: (Anonymous)
can you please help me understand the article by a) explaining the cricket bit (are the bangladeshis supposed to be very awful?) and b) explaining the math bit?

cl

Re: this is like a foreign language...

Date: 2005-06-22 09:37 am (UTC)
From: [identity profile] nyankoframe.livejournal.com
a) Yes, they're the newest Test nation and (before last weekend) had a very abysmal record of not winning a single one-day or Test match.

b) William Hill = bookmaker and 100-1 = betting odds that any of those people will be called up to the Australian cricket team

Re: this is like a foreign language...

Date: 2005-06-23 04:22 am (UTC)
From: (Anonymous)
In fact, Bangladesh was recently knocked by several Test bigshots as saying their Test status should be revoked.

William Hill probably lost plenty of dosh on that one!


g.

Re: this is like a foreign language...

Date: 2005-06-23 04:51 am (UTC)
From: (Anonymous)
And, just for curiosity's sake, two pieces of statistics on big payouts:

1. In Sept 1996, jockey Frankie Dettori rode seven straight winners at the Ascot horse races, pretty good considering he did only seven horses on that occasion. Bookmakers had offered odds of 25,000-1 on him pulling this off. They woke up the morning after 40 million pounds poorer.

2. A Scottish football punter put 10 pence on a 15-game accumulator at a local Coral bookie joint in Wiltshire. (In an accumulator, to win the bet, every game's result - win, lose or draw - must match the prediction. Get one wrong and it's all off, no part-payments.) The accumulator's odds were fixed at 1,630,000-1. The Scotsman won the lot.

Wonder how much the bookies lost on the Aussie Test stinker?


g.

Date: 2005-06-22 03:15 pm (UTC)
From: [identity profile] edible-llama.livejournal.com
Hee hee. Oh...that is really sad. ^_^;

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