Or her own failings. Good thing then that she was done with failing. Please, be done with failing, she thought. But she let out a breath and tried for whimsy. Maddie Moore, you were raised on movie sets — fake the damn whimsy. That her boss — may he choke on his leftover turkey — had waited until after year-end bonuses to fire her? Men, she was giving up entirely. Welcome to Lucky Harbor! Home to 2, lucky people And 10, shellfish. About time. Chips cured just about everything, from the I-lost-my-job blues to the my-boyfriend-was-a-jerk regrets to the tentatively hopeful celebration of a new beginning.
Like Ingrid Bergman. Far below the road on her left, the Pacific Ocean pitched and rolled, fog lingering in long, silvery fingers on the frothy water. Gorgeous, all of it, but what registered more than anything was the silence. No horns blaring while jockeying for position in the clogged fast lane, no tension-filled offices where producers and directors shouted at each other.
No ex-boyfriends who yelled to release steam. Or worse. No anger at all, in fact. Just the sound of the radio and her own breathing. Delicious, glorious silence. More shockingly, Maddie had been left one third of that property, a place called Lucky Harbor Resort. Her dad had been just as shocked as she, and so had her two half-sisters, Tara and Chloe. Defying probability, the road narrowed yet again.
Maddie steered into the sharp left curve, and then immediately whipped the wheel the other way for the unexpected right. A sign warned her to keep a look out for river otters, osprey — what the heck were osprey? Autumn had come extremely late this year for the entire west coast, and the fallen leaves were strewn across the roads like gold coins. It was beautiful and taking it all in might have caused her to slide a little bit into the next hairpin, where she— oh crap— Barely missed a guy on a motorcycle.
With a horrified grimace, she started to drive past, then hesitated. Hurrying past a cringe-worthy moment, hoping to avoid a scene, was the old Maddie. No, that was too pathetic. Motorcycles are death machines, you idiot, you nearly got yourself killed! Hmm, probably a tad too defensive. Which meant that a simple, heartfelt apology would have to do. Bolstering her courage, she got out of the car clutching her Blackberry, ready to call if it got ugly.
Shivering in the unexpectedly damp ocean air, she moved toward him, her arms wrapped around herself as she faced the music. He was leanly muscled and broad shouldered and his jeans and leather jacket were made for a hard body just like his. Irritated, most definitely. But not pissed. Relieved, she dragged in some air. But she was thrown by his gravelly voice, by the fact that he was big, and for all she knew, bad to boot, and that she was alone with him on a deserted, foggy highway.
It had all the makings of a horror flick. Was she? Probably she was a little lost mentally, and quite possibly emotionally as well. Reaching out, he picked something off her sleeve. Half a chip. He took another off her collarbone, and she broke out in goose bumps — and not the scared kind.
Not that she cared what he — or any man, for that matter — thought. Even tall, built, really good-looking, tousled-haired guys with gravely voices and piercing eyes. Especially them. Consequently, bookmakers need to price their odds strictly below the real odds. Calculating Coefficients A useful metric when looking at different odds is the bookmaker coefficient. The coefficient is a fairly straightforward concept. Real Odds and Implied Odds You can calculate the coefficient both for real and implied odds.
The first would be the coefficient without any fees and commissions. The second corresponds to the coefficient of the actual bookmaker odds available. Coin Flip Odds Using the same example as above, the coefficient for a coin flip is easy to calculate.
Since there are two outcomes, the chances of each outcome are 0. Say two teams are facing off in soccer. You then check out two different sports betting sites. Therefore, the coefficient for home, away and draw would be 1.
For Site B, the corresponding coefficients would be 1. Comparing Coefficients Compare the estimated real odds above with these coefficients. For home team wins, the real coefficient sits at 1. Site A offers a coefficient of 1. Clearly, A has the better tighter margin. For away wins, the real coefficient is 3. Site A has a much lower 2.
Site B has a slightly more competitive 2. For draws, with a real coefficient of 10, Site A offers a coefficient of 9. For away wins, Site B will pay out better. You can use the same formula to calculate the implied probability and the coefficient for any bookmaker odds. Comparing bookmaker coefficients for identical markets, you can easily assess different odds for an event. Coefficient Disparities As illustrated in the above example, different bookmakers will often have different coefficients for the same event.
Coefficient disparities are unavoidable to some extent. These days, fierce competition among operators means that coefficients tend to converge. Operators will often undercut each other up to a minimum threshold of profitability. They need to cover overhead expenses and such after all. Still, these expenses are relatively low for an online bookmaker.
Nevertheless, coefficient disparities remain. However, they are usually much smaller than in the example above. Coefficient disparities are actually crucial to certain styles of gambling. Some strategic approaches, such as arbitrage betting or betting exchange scalping, seek to exploit coefficient disparities.
Many succeed in doing so. Coefficient disparities are used by the most profitable professional betting strategies. So, why do they continue to exist? Coefficient disparities persist for several reasons. Different bookmakers have different cost structures, debt loads and revenue targets. Therefore, even some of the highest rated betting sites might charge higher commissions and fees in order to stay solvent.
By charging a bigger commission, a site is literally taking a larger chunk out of your payouts. This means smaller bets may carry higher coefficients than larger bets, for example. Different Assessment Of Odds A huge element that makes up coefficient disparities are straight-up disagreements. The major bookmakers across the world have their own oddsmakers.
MIT BLACKJACK BETTING STRATEGY
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American Odds Explained: How Do American Odds Work?TRACKSIDE VIRTUAL BETTING SITES
What are betting odds? What is probability? Probability is the likelihood of an outcome happening and is usually displayed as a percentage. For example, if we were to toss a coin, there are two possible outcomes. How do betting odds work? Betting odds are displayed as fractions or decimals and tell us how much we stand to win if our bet is successful.
Fractional odds explained Fractional odds tell us how much we stand to win in relation to our stake. The number on the left is the amount we stand to win if we stake the amount on the right. We simply multiply our stake by the odds, to get our total returns. Here are some other examples… 6. Unfortunately, betting odds can prove very confusing. An example of the various odds available on a typical betting market.
After taking in all the information below, you will be much better equipped to set about making some profit. What Do Betting Odds Represent? At their most basic, betting odds tell you two things: How much you stand to make should the selection win The probability of the selection winning Take this example.
Working out an implied probability percentage from fractional odds is simple.
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Sports Betting Odds Explained
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