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YOUR BALANCE
Latest CFB Playoff odds for Clemson
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Latest CFB Playoff odds for Clemson


Jun 20, 2018, 9:24 AM

One of you please explain to this "betting rube", how are 5/11 odds better than 5/4 odds. Sounds backwards.

TIA.

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Re: Latest CFB Playoff odds for Clemson


Jun 20, 2018, 9:35 AM

5/11 means that you win $5 for every $11 bet and 5/4 means you win $5 for every $4 bet. Does that help?

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Precisely


Jun 20, 2018, 10:42 AM

In gambling the better odds for the gambler are the higher above 1:1 that you can get because you make more money off of what is inherently a riskier bet. The more likely a result, the lower the odds.

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You can also roughly translate that to the % chance they


Jun 20, 2018, 10:49 AM

are giving each team to make the playoff.

Clemson = 4/(5+4) = 44.4%

Alabama = 11/(5+11) = 68.6%

That's not perfect because the house has some juice built into the lines, but it's pretty close. Actual chances would be a little lower.. maybe 40%ish for Clemson and 62%ish for Bama.

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