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MTV Movie Awards - Nominations

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Front-Ranger:
Crash shut out of awards!

http://www.newswire.co.nz/main/viewstory.aspx?storyid=313638&catid=3008

David:
Anybody else having trouble voting today?    The "Best Kiss" page seems to be locked up.

Lynne:
It let me vote just now...maybe the site had problems earlier?
-L

Lynne:
It seems that people are taking bets about the likely winners of the Best Kiss, etc...

Aussie Chris - if you get a chance, maybe you have some insight as to how one would arrive at such numbers! :)

I tried to investigate and just confused myself.  I mean, obviously 2 to 1 odds are 5X better than 10 to 1...does this mean that 1 to 6.67 means a shoo in?

Here's the lowdown on races of interest:

Best Kiss
Jake Gyllenhaal & Heath Ledger – “Brokeback Mountain” / 1 to 6.67
Taraji P. Henson & Terrence Howard – “Hustle & Flow” / 4 to 1
Anna Faris & Chris Marquette – “Just Friends” / 6 to 1
Angelina Jolie & Brad Pitt – “Mr. & Mrs. Smith” / 6 to 1
Rosario Dawson & Clive Owen – “Sin City” / 4.5 to 1

Best Performance
Joaquin Phoenix – “Walk the Line” / 3.35 to 1
Jake Gyllenhaal – “Brokeback Mountain” / 2 to 1
Rachel McAdams – “Red Eye” / 10 to 1
Steve Carell – “The 40-Year-Old Virgin” / 6.5 to 1
Terrence Howard – “Hustle & Flow” / 10 to 1
Reese Witherspoon – “Walk the Line” / 1 to 1.2

http://www.gambling911.com/051106Hnews.html

Aussie Chris:

--- Quote from: Lynne on May 11, 2006, 08:47:38 pm ---Aussie Chris - if you get a chance, maybe you have some insight as to how one would arrive at such numbers! :)

--- End quote ---

Oohh, I'm afraid I'm a bit of a dunce when it comes to understanding gambling odds Lynne.  The limit to my understanding is: odds of 4 to 1 means that for every dollar you bet, if it wins you get back 4.  These are linked to the bookie's idea of likelihood of winning, so 4 to 1 may be considered more likely than 10 to 1, and you'd get back 10 times what you put in (if it wins).  Of course I think everyone gets that concept.  However I don't understand what it means when the odds are around the other way as in "1 to 6.67".  Using the same logic you'd only get back 1/6th of your investment if it won and nothing if it loses, so really no point in betting!  At this stage it would seem that “Hustle & Flow” is the favourite for the kiss and Jake Gyllenhaal for the performance (since Reese wouldn't make any money).

Any gamblers out there that can correct anything I've got wrong here?

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