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PaperclipPerfector  3mo ago (text post)   2557 thread views

Friday Fun Thread for August 9, 2024

Be advised: this thread is not for serious in-depth discussion of weighty topics (we have a link for that), this thread is not for anything Culture War related. This thread is for Fun. You got jokes? Share 'em. You got silly questions? Ask 'em.

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With all the kerfuffle about Imane Khelif, I think we've lost sight of the real issue - how can one profit from this?

The other week I put €15.50 on Lin Yu-Ting to medal, and another €15.50 on Yu-Ting to win gold. I was also looking to place a bet on Khelif, but at the time all of the bookies I looked at didn't seem to be offering odds on them. I've now come back with a tidy profit of €13.50.

Part of me feels proud, given that this is the first formal bet I've ever placed in my life. Part of me feels a little dirty - "in a boxing championship, I bet that the (probably) male fighter will defeat all the female fighters" feels like the kind of bet you shouldn't even be allowed to make.

You should be allowed to make it, and the bookies should update their odds appropriately in response. Either they create accurate odds (which in turn creates accurate information for people to see), or they don't and you arbitrage them.

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