Friday, February 10, 2012
In this Rouleur Derby Report:
1. CX Worlds and Tour of Qatar
2. A word about odds and payouts
3. Coming next
1. CX WORLDS AND TOUR OF QATAR
The Tour of Qatar wrapped up this morning with Tom Boonen and Omega Pharma-Quick-Step taking the overall, salvaging the season of Brandon, who netted 780 points to bring him back above water.
Meanwhile, Mark Cavendish -- who last week had claimed to be stricken by illness -- racked up two stage wins, giving Flatlandia a nice 2.7-1 payout on his 400-point bet.
The biggest winner of the season, however, has been CLyda, who went huge on Neils Albert to win the cyclocross world championships. With a 6-1 payout, CLyda's 500-point bet turned into a nice 2,500-point profit. He now enjoys a slim lead over KAlbers, but you can expect a lot of flux as the season gets busier and more players join in.
2. A WORD ABOUT ODDS AND PAYOUTS
It has come to my attention that I am using a confusing and perhaps misleading notation to report payouts.
When an outcome on Rouleur Derby has a 5-1 payout, winning players will receive 5 times their original bet. It's a simple multiplier.
Put another way: For every point a player bets on a winning 5-1 outcome, she will receive 5 points: her original point, plus 4 points from the losers.
The math on this is similar to what is known as "decimal odds."
However, my notation of "-1" has given some the impression that I am using "fractional odds." In fractional odds, a 5/1 bet would in fact return 6 times a bettor's original bet. Similarly, an outcome with 1.8 decimal odds -- or a 1.8-1 payout in Rouleur Derby -- would be represented as 4/5 in fractional odds.
For more, consult the wikipedia: http://en.wikipedia.org/wiki/Fixed_odds_gambling#Types_of_odds_offered
My question to you: Does Rouleur Derby's notation confuse you? If enough people think this is a problem, there are a few solutions:
A. Strip the "-1" from each instance of a payout.
B. Replace the "-1" with an x to indicate that it's a multiplier.
C. Display the payouts' equivalents in fractional odds.
D. Allow players to toggle between payouts/decimal odds and fractional odds.
Or, I could do nothing. Myself, I've grown accustomed to the existing notation and I expect many of you have, too. However, I can see how this could be confusing for new players and other degenerates who have spent too much of their lives at the horse track. (I kid!)
Please let me know if you have strong feelings either way: email@example.com
3. COMING NEXT
Rouleur Derby will be quiet for the next few weeks. The next big weekend will be Feb. 25-26 when the European classics season starts with Omloop Het Nieuwsblad and Kuurne-Brussels-Kuurne. Like last year, I expect you will be asked to name an individual winner for one of these races and a winning team for the other. Propositions will go up as soon as start lists are confirmed.
Have fun, play well, tell a friend,