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, Long Beach Boxing ExaminerOctober 31, 2011 - Like this? Subscribe to get instant updates.
HOT POTATO via Hollywood, California - Nearly ninety-five percent of all the interplays for betting odds brings to mind the likelihood that such purported event would transpire, expecially in the sport of boxing. Whether odds-masters' calculations are based on standard deviation, cached wisdom or the simple formula of statistical prediction rule, it does not matter. All of which are simply products of formula. What is beyond this approach to probability is the element of surprise, that which Marquez may have the ability to reinvent himself over Pacquiao's weaknesses.
According to oddsmakers as of this writing, Pacquiao scores 5/8 if he wins by knockout, technical knockout or disqualification; this means if you are betting on a full wager of $100 for Pacquiao, you will win $62.50. For Pacquiao winning by decision or technical decision, it gets closer: 3/2; this means if you are betting on a full wager of $ 100 for Pacquiao, you will $ 150.
Marquez, on the other hand, is deemed to bring upon Pacquiao an element of surprise at 12/1. That if Marquez wins by knockout, technical knockout or disqualification. If you bet, therefore, $ 100 on a full wager in favor of Marquez, you will win $ 1,200.
Notwithstanding, for 'draw' or 'technical draw', your $100 will win $ 3,300. And for 'no contest', the odd is 30/11; that means if you bet $100, you will win $ 3,000.
But, should Pacquiao or Marquez bring shorter fixed odds of each outcome than the true likelihood of a decision happening?
And should statiscal prediction rules out-perform expert human judgments to favor Marquez by knockout?
No one can divine.
Continue reading on Examiner.com Betting odds widen:Pacquiao & Marquez somewhere between 'violent & hysterical' - Long Beach Boxing | Examiner.com http://www.examiner.com/boxing-in-long-beach/betting-odds-widen-pacquiao-marquez-somewhere-between-violent-and-hysterical?CID=examiner_alerts_article#ixzz1cOZWo9zs
According to oddsmakers as of this writing, Pacquiao scores 5/8 if he wins by knockout, technical knockout or disqualification; this means if you are betting on a full wager of $100 for Pacquiao, you will win $62.50. For Pacquiao winning by decision or technical decision, it gets closer: 3/2; this means if you are betting on a full wager of $ 100 for Pacquiao, you will $ 150.
Marquez, on the other hand, is deemed to bring upon Pacquiao an element of surprise at 12/1. That if Marquez wins by knockout, technical knockout or disqualification. If you bet, therefore, $ 100 on a full wager in favor of Marquez, you will win $ 1,200.
Notwithstanding, for 'draw' or 'technical draw', your $100 will win $ 3,300. And for 'no contest', the odd is 30/11; that means if you bet $100, you will win $ 3,000.
But, should Pacquiao or Marquez bring shorter fixed odds of each outcome than the true likelihood of a decision happening?
And should statiscal prediction rules out-perform expert human judgments to favor Marquez by knockout?
No one can divine.
Stay tuned for more!
Continue reading on Examiner.com Betting odds widen:Pacquiao & Marquez somewhere between 'violent & hysterical' - Long Beach Boxing | Examiner.com http://www.examiner.com/boxing-in-long-beach/betting-odds-widen-pacquiao-marquez-somewhere-between-violent-and-hysterical?CID=examiner_alerts_article#ixzz1cOZWo9zs
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