American Idol Fanatic
EW's Final 4 Odds. Do you agree?
In this weeks Entertainment Weekly they give the following odds for the final four..
My question is do you agree with these odds?
I can't read those well. Are they saying Mercedes or Shandi is most likely to win, and then April and then Yoanna? If so, no.
I'm not sure how odds work, what do those figures mean?
*cracks up at "Free Martha" avatar*
Let me be the 3rd to chime in with the same question, lol How does one read those odds?
What they mean is that they are ranking them as follows:
#2 Shandi/Mercedes (tie -- equally likely to come in second)
go.... APRIL! AND MERCEDES!
Martini, I think you're wrong, sadly to say... they are saying, if im not mistaken, that Shandi and Mercedes have the best chances...
I read those to mean that Yoanna is the most likely, then April, with Mercedes and Shandi are tied for least likely. But those are strange odds.
If we're talking bookmaker's odds, Yoanna's 6-1 odds means if you bet $1 on Yoanna, and she wins, you'll win $6 (and get a total of $7 back). This is because Yoanna is expected to win only once out of every 6 times she loses; she has a 1/(1+6) = 1/7 chanceof winning.
You'd make the most money betting on Yoanna, meaning she's the longest shot.
Therefore, EW thinks:
1) Shandi/Mercedes (2/5 chance of winning)
2) April (1/4 chance of winning)
3) Yoanna (1/7 chance of winning)
Last edited by cnidoc; 03-06-2004 at 05:01 PM.
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