<p>We know that he was accepted at: Duke, JHU, UPenn, UMich, UMiami, U. of Kansas. We also know that they haven’t decided. You need 100 e-dollars to play. The first person who picks the correct school and the time and day of the decision wins the pool.</p>
<p>Four years at Duke, $160,000+
Four years at UPenn, $86,000-$160,000 (depending upon whether or not he survives the Vagelos Program…)
Four years at JHU, $85,000+
Four years at Univ. of Miami, $68,000+</p>
<p>Shouldn’t there be oddsmakers and bookmakers (says this Quaker, who isn’t supposed to know about such things?) Actually, Berurah should set the initial odds, and then they could fluctuate.</p>
<p>bigmain~Easy for YOU to say after that amazing lacrosse game, huh??? <em>lol</em> :)</p>
<p>evitajr~
NOW, you’re onto something!! I think I’m going to get with simba about the next post…“Putting berurah’s son through Duke/UPenn/JHU/Miami/etc.! E-donations welcome!”</p>
<p>And congrats on U of Chicago!!</p>
<p>irishforever~we would love to see y’all too! I am so happy for your son’s Duke decision!! Congrats!</p>
<p>the odds are a way of expressing the perceived probability of a horse winning a race and it’s at this value which a bookmaker will lay his bets. </p>
<p>But here’s the twists…</p>
<p>Odds against
When the bookmaker offers a return which is more than double the amount staked for a win bet. If your stake is 1, a winning bet at 2/1 (pronounced two-to-one bet) will return you 2 plus your original stake of 1, making a total of 3. </p>
<p>Even money (or Evens)
When the bookmaker offers a return which is double the amount staked on a win bet. If your stake is 1 the bookmaker will return 1 plus your stake, making a total of 2. </p>
<p>Odds on
When the bookmaker offers a return which is less than double the amount staked for a win bet. A successful 1 bet at 1/2 (pronounced two-to-one-on), will return just .50 plus your stake, making a total of 1.50. The word ‘on’ indicates that the odds are reversed.</p>
<p>Long Odds
Sometimes, instead of a horse’s odds being expressed as a fraction, you might hear that they are simply ‘long’ or ‘short’. Odds that are said to be long (e.g. 50/1) point to the fact that a horse is very unlikely to win the race. Conversely, short odds (e.g. 2/1) indicate that a horse has a good chance of winning. </p>
<p>In your case…when setting the odds, I’d use the odds-on for his favorite…LOL. </p>
<p>I do know there is some major mathmatical formula that bookmakers use (and don’t ask me what it is cause I haven’t a clue), so for simiplicity here, and the fact that your using e-dollars (which is hilarious by the way), I stick to the ones that are simple. </p>
<p>Have fun! </p>
<p>Oh, and even though it’s probably a long shot…I’ll take 2 on UMiami (biased I know) 4/27 9:30 pm. Whenever you’ve got a long shot of 50 to 1 or better it’s stupid not to at least place a 2.00 bet when certain facts reveal themselves. In this case…the cost…:)</p>