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Q-104
Knowledge Showdown · Betting maths · difficulty 3 · version 2
Question
A market is priced at 2.10. What does that displayed price tell you?
Answers
- It proves the outcome has a true 47.6% chance.
- It implies 47.6% from this price, including the displayed market margin; it is not by itself the true underlying chance or a forecast. Correct
- It is a 21% chance.
- The price says nothing about the chance.
The wrong answers are the mistakes people actually make, not filler.
Use
- Appears in the difficulty 3 band
- Served 412 times
- Answered correctly 38% of the time