2000 1 Odds
That’s the rumor, anyway. Here’s Peter Woit of Columbia University:
1 in 20: Odds a married man often thinks about leaving his wife; 1 in 46.7: Odds a child lives with at least five siblings; 1 in 86.1: Odds a dollar spent at the box office will be for a movie. The rest of the world uses Decimal Odds, in part because it’s easier to convert them to implied probabilities than American Odds.Decimal odds represent the amount a bettor wins for every $1 wagered.And the number represents the total return, not just the profit like American and fractional odds. The Packers would be 1.714 in decimal odds as a -140 favorite in American odds. Odds Conversion Table. Convert odds between Fractional, American and Decimal format and see the implied odds at each. Learn how to convert betting odds using our odds conversion formulas.
This betting line favors the Colts. Indy is listed at 2:1. That means for every $2.00 bet the payout would be $3.00. That includes the $2.00 you wagered plus a profit of $1.00. If you take the Bears, the odds would be 1:4. On a $1.00 bet Chicago, which is the underdog, would pay a total of $5.00. That includes the $1.00 bet and the $4.00 payout. Outside of the US, decimal odds are a popular way of displaying odds. Online sportsbooks like FanDuel Sportsbook often offer decimal odds as an option. Decimal odds give you how much money you win if you bet just a dollar. Let’s take a similar example to the one above. Rivers Sportsbook is offering 1.20 odds on the Pats to beat the Falcons.
This morning’s rumors are a 3.5 sigma 126 GeV excess at ATLAS in the ATLAS-only combination, and 2.5 sigma at 124 GeV for CMS. Heuer’s message to all CERN personnel says the December 13 announcements will be “significant progress in the search for the Higgs boson, but not enough to make any conclusive statement on the existence or non-existence of the Higgs.” Presumably they’re waiting for 5 sigma before claiming conclusive proof.
Translation: CERN physicists have of late been honing their search for the Higgs boson to the 124-126 gamma range and they’re getting definite signals that deviate from chance—perhaps as high as a 3.5 sigma event.
How far is a 3.5 sigma event from chance?
What Does 2000 To 1 Odds Mean
Over 2000 to 1.
The physicists would like a 5 sigma signal, but they’ve apparently at least arrived at a 3.5 sigma signal.
Here’s a quick run-down of sigma events in relation to probability:
20001 Address
- 1 sigma event: 1 in 3 it’s chance
- 1.5 sigma: 1 in 7
- 2.0 sigma: 1 in 22
- 2.5 sigma: 1 in 81
- 3.0 sigma: 1 in 370
- 3.5 sigma: 1 in 2149
- 4.0 sigma: 1 in 15,787
- 4.5 sigma: 1 in 147,160
- 5.0 sigma: 1 in 1,744,248
- 5.5 sigma: 1 in 26,330,254
- 6.0 sigma: 1 in 506,797,346
1 In 6 Odds
Data source: Wikipedia