Chelsea FC vs Queens Park Rangers - Double Chance Odds Comparison

English Premiership, Date: Wednesday January 2, 2013, Time: 20:45 GMT+1

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Chelsea FC vs. Queens Park Rangers - Double Chance Odds Comparison
Implied
Probability
Average Odds Best Odds Fair Odds Expected
Value
Stake to
Return $100
Chelsea FC or Draw 91.1% 1.02 1.05 1.10 $ 95.67 $ 95.24
Chelsea FC or Queens Park Rangers 84.5% 1.10 1.13 1.18 $ 95.47 $ 88.50
Draw or Queens Park Rangers 24.4% 3.81 4.33 4.10 $ 105.62 $ 23.09
Payout Percentages: Best Odds 96.70%, Average Odds 92.94%, No Exchanges 96.70%
Legend
Implied Probability The probability of winning the bet, calculated from the odds. WSN uses the fair odds to make this calculation, removing the influence of the bookmakers margin.
Average Odds The median odds available from all bookmakers on WSN. Does not include exchanges.
Best Odds The best odds available from all the bookmakers on WSN. Does not include exchanges.
Fair Odds The odds that bookmakers would use if they set their margin (also known as overround or vigorish) to zero. With these odds, the bookmakers would return 100% of the money risked on these bets.
Expected Value The expected return on a $100 bet on average over the long-term. The expected value is calculated from the best odds and implied probability.
Stake to Return $100 The wager size required to return $100. The wager size is calculated using the best odds.
Double Chance Description

In accordance with the 1X2 format, bettors may choose 2 of the 3 possible home-win/draw/away-win outcomes. If either of the two match result options chosen occurs, the bettor wins. Odds payouts are considerably low as a result of the high likelihood of success.

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