Odds drifitng, easing, going out, higher etc...

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  • Optional
    Administrator
    • 06-10-10
    • 61357

    #1
    Odds drifitng, easing, going out, higher etc...
    I have trouble with understanding different people's use of terms such as "longer/shorter", "easing/firming", "drifitng/tightening", "going out/coming in", "higher/lower".

    All my life (in Australia) if they amount the bookie pays out per dollar is getting larger, then the price is longer/easing/drifing/going out/higher.

    But it appears that is not how everyone sees it on this forum.

    I've see people comment on a price moving from -120 to -130 as going out or being larger.

    Are some people just mixed up, or do Americans maybe switch what you call long/short when the price is under even money?
    .
  • FourLengthsClear
    SBR MVP
    • 12-29-10
    • 3808

    #2
    Originally posted by Optional
    I have trouble with understanding different people's use of terms such as "longer/shorter", "easing/firming", "drifitng/tightening", "going out/coming in", "higher/lower".

    All my life (in Australia) if they amount the bookie pays out per dollar is getting larger, then the price is longer/easing/drifing/going out/higher.

    But it appears that is not how everyone sees it on this forum.

    I've see people comment on a price moving from -120 to -130 as going out or being larger.

    Are some people just mixed up, or do Americans maybe switch what you call long/short when the price is under even money?
    Yes they do. Everywhere else higher odds means a higher payout for the amount risked.
    Comment
    • Optional
      Administrator
      • 06-10-10
      • 61357

      #3
      Thanks FourLengths.

      I guess what you grow up with seems the best to most of us, but even after 12 months experience dealing with the US way of gambling I still find some bits confusing.

      I sometimes wonder if PT Barnum had a hand in coming up with the system!
      .
      Comment
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