Have a read of post 35 on this thread, explains it all. The 2/1 odds also includes the possibility of going up through the play-offs.
A bit of common sense would also tell you that we have a far worse chance than 33% of going up on Saturday :headbang:
I'm begiining to see how bookmakers make such huge profits :smile::smile:
Indeed, if there are lots of people around like you thinking we're a 1 in 12 chance to go up, my job should be safe for years to come. Even taking in to account the play-offs, 1 in 12 is way off.
The bookies have given Crawley far to short odds which would make us more of an outside chance than we are.
They shouldnt be odds on to win away at Accrington.
If we were all on even points we would be favourites due to our home game + goal difference, with the point deficit should be less than 33% to go up (although form etc in our favour), but certainly more than 1 in 12.
Crawley are odds on to win at Accrington because they are by far a superior team, were favourites to win this league before the start. The players are on a massive bonus for automatic promotion. Every one of their players will be fully switched on and will give every last drop of blood and sweat in this game. Accrington's season is over. They are playing for pride, and will certainly use some youngsters that are prone to mistakes and lack quality, with an eye to the future. When playing for nothing after a long season, the most knackered players can almost stop playing the last 20 minutes, and switch off mentally as well. A bit like Coventry did last week against Southampton.
This is why Crawley are the price they are.
In football you never know. So here's hoping.
Indeed, if there are lots of people around like you thinking we're a 1 in 12 chance to go up, my job should be safe for years to come. Even taking in to account the play-offs, 1 in 12 is way off.
You do realise that Uncle Leo is "in the trade" so to speak?Effectively what you're saying is that the bookies are idiots and don't know what they're doing. I'm yet to see a poor bookmaker and probably never will.
And the 1 in 12 is for automatic promotion this Saturday and not promotion irrespective of how we go up (which is clearly much shorter odds).
If you think the bookies have got it wrong, it's fill your boots time with them!
Personally I think Crawley will win and Torquay won't - that should mean we finish 4th with Crewe over two legs.....personally I'd rather face Cheltenham. We can go into the playoffs with confidence though, and though it would be a tough tie to win if it's Crewe we have beaten them twice already this season.
You do realise that Uncle Leo is "in the trade" so to speak?
And this is something we should be keeping a weather-eye on on Saturday. If, for example, Crawley and/or Torquay are in a position where it looks like we might have to settle for fourth, we should relax on the throttle and accidently on purpose only match the Torquay result (win, lose or draw) to avoid Crewe at all costs.
Equally, for what it's in worth, I have a maths degree and I'm an actuary. Not that that matters nor does being "in the trade" - a bit of understanding of bookies odds and basic GCSE maths is all that's needed, nothing more nothing less.
The bottom line is that the bookies are implying odds of 12-1 or thereabouts for us to be promoted this Saturday. If you think that's a good price, lump on it.
I really do hope things fall our way on Saturday, but it's a long shot. Some people seem to think we have a better chance than we really do and may well be disappointed come 5pm Saturday when they mistakenly thought it was a real possibility at kick-off time. The bookies odds are proof of that - they rarely get things wrong. All I'm trying to do is flag up what the bookies are saying with their odds :thumbsup:.
Equally, for what it's in worth, I have a maths degree and I'm an actuary. Not that that matters nor does being "in the trade" - a bit of understanding of bookies odds and basic GCSE maths is all that's needed, nothing more nothing less.
The bottom line is that the bookies are implying odds of 12-1 or thereabouts for us to be promoted this Saturday. If you think that's a good price, lump on it.
I really do hope things fall our way on Saturday, but it's a long shot. Some people seem to think we have a better chance than we really do and may well be disappointed come 5pm Saturday when they mistakenly thought it was a real possibility at kick-off time. The bookies odds are proof of that - they rarely get things wrong. All I'm trying to do is flag up what the bookies are saying with their odds :thumbsup:.
I simply disagree with that. The odds of us going up are effectively equivalent to an accumulator bet, consisting of the most likely outcome of Crawley don't win + Torquay don't win + Southend win OR Crawley lose + Torquay lose + Southend don't lose. Either way, I don't think 12-1 is good value for that, let alon shorter odds.The bookies aren't saying that we're 12/1 to go up on Saturday. I follow your logic from your earlier post but you're interpreting the information incorrectly. As Uncle Leo points out, we're clearly far more likely to go up on Saturday than being a 12/1 shot would suggest we are. You don't need a maths degree to work that out - you just need to have seen a few football results come in.
OK, I've crunched some numbers (no groaning at the back). Using the best odds from oddschecker:
http://www.oddschecker.com/football/english/league-two
I've calculated the odds and added up the 5 possible combinations of Southend/Crawley/Torquay Win/draw/lose that get us automatically promoted. Odds (probability):
Accrington 5/1 (1/6) Draw 3/1 (1/4) Crawley 8/11 (11/19)
Hereford 12/5 (5/17) Draw 11/4 (4/15) Torquay 5/4 (4/9)
Southend 2/7 (7/9) Draw 5/1 (1/6) Macclesfield 12/1 (1/13)
So the combinations that get use promoted are:
Acc (1/6) x Hereford (5/17) x Southend (7/9)=35/918 (0.038)
Acc (1/6) x Hereford (5/17) x Draw (1/6)=5/612 (0.008)
Acc (1/6) x Draw (4/15) x Southend (7/9)=28/810 (0.035)
Draw (1/4) x Draw (4/15) x Southend (7/9)=28/540 (0.052)
Draw (1/4) x Hereford (5/17) x Southend (7/9)=35/612 (0.057)
Add those up and we get a probability that we get automatically promoted of 19%!
The form table looks a lot different over 6 games, we are 2nd and the other 2 are midtable
They shouldnt be odds on to win away at Accrington