https://www.newscientist.com/article/21 ... inst-them/
I haven't read the NS for years, but I remember the quality of the writing was better.
For example:
IMO - that quote from the article is tosh. Odds of 2 to 1 mean that the bookies want to discourage bets to balance their book, as much as (or more than) the fact that they think the horse actually has a 2 to 1 chance of winning.NewScientist wrote:Mean odds of 2 to 1 suggest the bookies collectively think this reflects fair odds for that outcome.
No?