Re: Why doesn\'t Ron Paul speak the truth re: the bias against him
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Read my post again until you understand it.
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I understood it. Read my edit about tradesports which shows the difference between the sportbook bets and a market where both sides of a bet are actually represented.
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Nothing in your edit disagrees with anything I posted. If Paul wins the nomination, then he would be about even money to win the election, and 35:1 is the same order of magnitude as 7:1, and less than 100:1. So thanks for making my point.
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And I ask this question to you: If those sports book prop bets are even remotely accurate indicators of true probabilities, why did people take double digit odds on poker pros to win the 2006 WSOP ME, which had a field of 6000+?
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Because the actual odds against the pros were probably only triple digits against. Which was exactly my point.
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