п»їYachting Monthly.
Yachting Monthly.
Chris Beeson November 6, 2008.
Who is odds-on for the race known as the Everest of the Seas?
The VendГ©e Globe is a non-stop, singlehanded race around the world, starting this Sunday 9 November at Les Sables dвЂ™Olonne in western France, and finishing there an estimated 80 gruelling days later. Not for nothing is it known as the Everest of the Seas, and even thatвЂ™s understating the challenge because only 48 people in total have completed the race in its five previous editions (four of those have done it twice) whereas over 1,000 climb Everest every year.
This yearвЂ™s race is record breaking in four ways: the number of entries, 30; the non-French entry, 43 per cent; the experience, with 14 previous participants and two previous winners; the technology and money, 20 new boats. Statistically, we can also expect a record breaking winning time and therefore a record breaking average speed.
If youвЂ™re looking to back a winner, or youвЂ™re wondering how your pick in the office sweepstake is going to fair, good luck. Previous experience in the VendГ©e Globe wonвЂ™t help as four of the five previous winners were first-time entrants.
Statistically, your winner will be a French man, aged between 30 and 37, with children, a first time entrant in the race, sailing a Finot-Conq designed boat, and heвЂ™s likely to have won the Figaro singlehanded challenge. Unfortunately, that rules out the two hot favourites, Michel Desjoyeaux and Vincent Riou, because both are racing Farr designs and are not, of course, first time entrants. Desjoyeaux is 43, which also rules him out statistically.
Among the other favourites, Delta Dore skipper Jeremie Beyou fits the bill, except he sails a Farr design too. Kito de PavantвЂ™s Groupe Bel is a Peteghem/Prevost/Verdier design and at 47, heвЂ™s statistically too old but still fancied. BritainвЂ™s Brian Thompson is a first-timer with two kids. At 46, he has plenty of ocean racing experience but is still a first-time entrant. His boat, Kingdom of Bahrain/Pindar is undoubtedly the most powerful and extreme of this yearвЂ™s runners but if his experience can reign it in, heвЂ™s one to watch.
Two more highly experienced entries with вЂfatherвЂ™ status are Brit Mike Golding, racing in his third VendГ©e Globe onboard the Owen Clarke-designed Ecover III, with a third place finish in 2000-01 to his name, and FranceвЂ™s Marc Thiercelin, second in 1996-97 and fourth in 2000-01, whoвЂ™s onboard the Finot-Conq drawn DCNS. Both are 48 but Thiercelin gets the nod because of his Figaro experience.
According to the stats, your winner is Yann EliГЁs, a first-time entry in the Finot-Conq-designed Generali, 34 years old with two children but only a second in the Figaro.

How Do Odds Work in Betting?
If you are planning to start betting, be it casino gambling, sports betting, or any other type, it's important to understand the odds. It would be preposterous and absurd to think about placing bets without having a good grip on the main types of betting odds and the ability to read and interpret the various associated formats.
The three main types of betting odds are fractional (British) odds, decimal (European) odds, and American (moneyline) odds. These are simply different ways of presenting the same thing and hold no difference in terms of payouts. This means that a chance (percentage probability) of an event occurring can be converted and presented in any of the aforementioned types of odds.
How Fractional Odds Work.
Fractional odds (aka British odds, UK odds, or traditional odds) are popular among British and Irish bookies. These are typically written with a вЂњslash (/)вЂќ or a вЂњhyphen (-),вЂќ e.g. 6/1 or 6-1 and announced as вЂњsix-to-one.вЂќ Fractional odds are used by some of the worldвЂ™s largest bookmakers, making them the most preferred odds across the globe.
Therefore, the total (potential) return on a stake can be stated as:
For instance, one of the major sports betting websites listed the following fractional odds for futures betting on the team to win the 2017-18 NBA Championship. Below is a selection of the three teams that had the lowest odds of winning.
Golden State Warriors: 10/11 Houston Rockets: 9/4 Cleveland Cavaliers: 7/1.
It can quickly be determined that the Golden State Warriors are the favorites while the odds on Houston and Cleveland winning are longer. That is, one wins only $10 against every $11 wagered on Golden State to be the champions. Meanwhile, one wins $9 against each $4 (i.e. 3.25 times) put at stake for Houston to win, which is a bit less probable. For Cleveland, one wins $7 against each $1 bet.
In the above example, if you bet $100 on Golden State to win, you could make a $90.91 profit [$100 x (10/11)], and could get back your initial stake of $100, resulting in a total payout of $190.91. However, if you wager $100 on Houston to win, you could receive a profit of $225 [$100 x (9/4)], in addition to the $100 initial stake leading to a total payout of $325. The potential profit for a Cleveland win would be even higher, as you could make a profit of $700 [$100 x (7/1)]. With the initial stake of $100 being returned, it would make for a total payout of $800.
How Decimal Odds Work.
Decimal odds (aka European odds, digital odds, or continental odds) are popular in continental Europe, Australia, New Zealand, and Canada. These are a bit easier to understand and work with. The favorites and underdogs can be spotted instantaneously by looking at the numbers.
The decimal odds number represents the amount one wins for every $1 wagered. For decimal odds, the number represents the total payout, rather than the profit. In other words, your stake is already included in the decimal number (no need to add back your stake), which makes its total payout calculation easier.
The total (potential) return on a stake can be calculated as:
For instance, one of the renowned betting websites priced the candidates to win the 2020 U.S. Presidential Election. Here, we list the decimal odds for the candidates and the biggest long shot among the candidates listed by the bookmaker.
Donald Trump: 4.00 Joe Biden: 1.3.
These numbers merely represent the amount one could win against each $1 put at stake. Therefore, if one bets $100 on Donald Trump to be re-elected as president, this person could make a total payout of $400 ($100 x 4.00). This amount includes the initial stake of $100, giving a net profit of $300.
Similarly, a bettor could make a total payout of $130 ($100 x 1.3) if they successfully bet $100 on Joe Biden. Deducting $100 from this return gives the bettor the net profit earned.
Reviewing the prices that the bookmaker has set for each candidate, it can be determined that according to the bookmaker, the probability of Biden (favorite) winning the election is higher than that for Trump. The higher the total payout (i.e. the higher the decimal odd), the less probable (and riskier) it is for the listed candidate to win.
How American (Moneyline) Odds Work.
LetвЂ™s understand this with the help of an example:
One of the popular betting websites priced the NCAA "Sweet 16" men's basketball game between Duke and Syracuse on March 23, 2018, with the following moneyline odds.
In this matchup, there is a big difference between the two odds, indicating a much higher probability of Duke winning the game and advancing to the next round of the NCAA Tournament.
Key Takeaways.
The three main types of betting odds are fractional (British) odds, decimal (European) odds, and American (moneyline) odds. These are simply different ways of presenting the same thing, and hold no difference in terms of payouts. Fractional odds are the ratio of the amount (profit) won to the stake; Decimal odds represent the amount one wins for every $1 wagered; and American odds, depending on the negative or positive sign, either indicate the amount one needs to wager to win $100 or the amount one would win for every $100 staked.
The Bottom Line.
If you are planning to enter the betting or the gambling world, it is important to be able to understand and interpret all types of odds well. Once you have mastered the three popular types of odds (fractional, decimal, and American), you can move towards a more detailed read on this topic and find out how the house always wins. Please refer to Understanding the Math Behind Betting Odds & Gambling for the conversion between the different formats of odds, the conversion of odds into implied probabilities, and the differences between the true chances of an outcome as well as the odds on display.

Golden Globes Predictions and Betting Odds.
The Golden Globe Awards honor the best in American television and film. The 73rd Golden Globe Awards event will take place on the 10th day of January, 2015 in the Beverly Hilton Hotel in Beverly Hills at 5.00pm PST/8.00p.m EST and will be broadcast live on NBC. Ricky Gervais will host for the fourth time.
It will be a night that is full of fun for both stars and their fans. It will also be a big night for people who want to make some money from awards show betting. Placing a bet will help a lot to spice up the award show for you. When your favorite stars, TV shows or movies win, you will also win. LetвЂ™s take a look at the top Golden Globes predictions and Golden Globes betting odds for this year.
ABOUT THE SHOW.
The Golden Globe Award ceremony is considered to be a prestigious event. It aims to honor people who have made major contributions to the film and television industry as well as those who have shown outstanding performance. Celebrities in Hollywood television and film usually attend the Golden Globe award ceremonies in large numbers.
2016 Golden Globes Awards: What you need to know.
Foreign entertainment productions are also included in the Golden Globes nominees. This gives Americans the opportunity to know about movies, TV shows and actors that they have not seen on American television. This helps to make the event more interesting. This is because there are lot of great productions and actors/actresses from outside the US.
There is a lot of great entertainment at the event. You will enjoy seeing the interaction between different stars. Memorable TV and movie moments will also be shared. It will be a truly memorable evening. The evening will be much better when you are also celebrating the rewards that will come when you also win your bets. Online entertainment betting using any of our betting sites will really help you to have an evening that is remarkable.
If youвЂ™re an entertainment fan who wants to enjoy more awards show betting, you should not hesitate to check out our Oscars and Grammys pages. Golden Globes betting will provide you with more excitement during the night of entertainment. Our betting odds will help you place informed bets that increase your chance of winning. YouвЂ™ll find the latest news, blog posts and statistical analysis data showing the success of the Golden Globe nominees.
Do you think that you know who is going to win? Place a bet to earn some cash from your prediction. Below are the latest odds, courtesy of Bookmaker.eu :
73RD GOLDEN GLOBES AWARDS NOMINATIONS вЂ“ SUNDAY, JANUARY 10 вЂ“ 5PM вЂ“ NBC.
If youвЂ™re interested in keeping up to date with the latest entertainment betting, check out the 2016 Oscars predictions and betting odds.

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