Odds for world championship?

Anyone know what the odds are in Las Vegas? Odds in sport bars in Europe? Odds in other countries?

How big of an upset would it be if Anand won?

Here is my first result from Google:

http://sports.ladbrokes.com/en-gb/chess/world-chess-championship/2013-world-chess-championship-e216969551

Oh, and I have no idea what those numbers mean

2/7 means you win $2 for every $7 you bet.

5/2 means you win $5 for every $2 you bet.

It also means they say Carlsen is favored.

e.g. if you bet $700 on Carlsen and he won you'd win $200.  If you bet $700 on Anand and he won you'd win $1750.

... plus the money you bet with of course, so when you win you never lose money... you'd physically be handed $900 or $2450 in the above examples.

Wow! Then I would bet on Anand if I had extra money

What if the person you bet on loses?

If the person you bet on loses then nothing happens... other than they keep the money you bet with   They want to set odds so that if many many people bet, the people who bet on the loser (whoever the loser turns out to be) will at least make up for them having to pay all those who won.

So for example if you wanted to place a billion dollar bet, they probably wouldn't accept it, because if you win they couldn't pay you.

Betting (like poker) seems like a lot of fun... except for the part that involves money

waffllemaster wrote:

trysts wrote:

Wow! Then I would bet on Anand if I had extra money

Betting (like poker) seems like a lot of fun... except for the part that involves money

😄😄😄

It sounds like Carlsen is favored 3 to 1, which basically means, at least to me, that it would be a pretty big upset if Anand wins.

Why is Magnus Carlsen so heavily favored to win? I understand that he is higher rated than Vishy Anand, but is that the only thing that makes him the favorite? Anand has lots of experience in match play, world chess championships, maybe the most ever, outside of maybe Karpov and Kasparov.

Shouldn't experience in match play count for something? Magnus has no match play experience, I think, meaning playing the same guy over and over again.

With all of Anand's experience in World Championship Chess, I see him as easily drawing the first game with the Black pieces, which will frustrate Carlsen, who is used to converting a small advantage into a win.

Carlsen will need to direct the game into sharp, unbalanced positions to be able to hammer Anand with his superior calculation, for the win. The question I have regarding that is this, how good is Anand at keeping the position drawish, frustrating the young boy wonder?

Here are the odds from Denmark (drumroll):

Tomorrows game:

Carlsen x2,75 Anand x9,0

The winner of the whole thing:

Carlsen x1,28 Anand x3,5

I've heard that the English bet on everything. Is this true? Maybe betting is far more accessible there, than in America.

B-Lamberth wrote:

Here are the odds from Denmark (drumroll):

Tomorrows game:

Carlsen x2,75 Anand x9,0

The winner of the whole thing:

Carlsen x1,28 Anand x3,5

Thank you. What does 2,75 mean?

Oddsmakers just want the math, so, by rating only, 3 to 1 odds in Carlsen's favor seems about right.

Once they set the line, they don't care as much...if people bet heavily for one or the other, the odds will move accordingly.

That if you guess the winner your bet is multiplied by x2,75.

So, 1$ would give you 2,75$.

I would love to bet on Anand and get my money 9 times back if he wins today, but on the Danish betting sites you have to register your social security number and I am not redy to give that kind of information to a private company as the number can be used to make all kinds of fraud.