See Also: Percentages - General(gambling)
Baton Rouge General Medical Center and General Health Center(health)
In the Red - General(gambling)
Nfl - General(gambling)
Nfc - General(gambling)
Ccc - General(gambling)
Cfp - General(gambling)
Cgf - General(gambling)
Up and Down - General(gambling)
Under - General(gambling)

Milton (iou) and Percentages - General (gambling)


Milton (iou)



Milton noun. M18.
[See MILTONIC.]
A person whose great innate ability is frustrated by lack of opportunity. Chiefly in mute inglorious Milton.
? After a line in T. Gray's Elegy Written in a Country Church-yard.

Percentages - General (gambling)


Bookmakers set their odds according to percentages, the lower the percentage, the better deal the punter is getting. To calculate the percentage each price is worth, add a point and divide into 100. So 3/1 becomes four into 100, equals 25. A perfectly round book, with each price representing the true chance, would total 100. A book totalling 125 would be 25 percent over-round and give bookmakers a theoretical profit of 20 percent (25 divided by 125). In General, the bigger the field, the more the percentage favours the bookmakers.