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4/10: 2012 NHL Draft Lottery winner, 8 p.m. EDT

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This event will accept bets until 12-31-1969 at 07:00 PM
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Old
04-08-2012, 07:23 PM
  #1
Moo
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4/10: 2012 NHL Draft Lottery winner, 8 p.m. EDT

Odds by me.

50 divided by the team's number of combinations = odds for that team. Bigger the long shot, the bigger the reward.

30th CBJ = 25.0% (250 combinations)
29th EDM = 18.8% (188 combinations)
28th MTL = 14.2% (142 combinations)
27th NYI = 10.7% (107 combinations)
26th TOR = 08.1% (081 combinations)
25th ANA = 06.2% (062 combinations)
24th MIN = 04.7% (047 combinations)
23rd CAR = 03.6% (036 combinations)
22nd WPG = 02.7% (027 combinations)
21st TB = 02.1% (021 combinations)
20th COL = 01.5% (015 combinations)
19th BUF = 01.1% (011 combinations)
18th DAL = 00.8% (008 combinations)
17th CGY = 00.5% (005 combinations)

Note that I left Colorado there for simplicity of reading the order based on the regular season standings before trades, but Colorado's pick actually belongs to Washington.

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Old
04-09-2012, 11:10 PM
  #2
Net Front Presence
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Betting on Montreal

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Old
04-10-2012, 10:14 PM
  #3
sarcastro
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I didn't bet on this, but aren't the odds and payouts upside down?

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04-10-2012, 11:35 PM
  #4
Moo
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Quote:
Originally Posted by sarcastro View Post
I didn't bet on this, but aren't the odds and payouts upside down?
No, it is correct.

Columbus had the most lottery balls and thus was the favorite to win. If they had won, you got the lowest return on your bet. (If you bet 100, you got that 100 back, plus an additional 20.)

Calgary had the least lottery balls and was the longest shot to win. If they had won, you got the highest return on your best. (If you bet 100, you got that 100 back, plus an additional 1,000.)

Edmonton's win means if you bet 100 on them, you got that 100 back, plus an additional 27 vCash.

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Old
04-12-2012, 10:54 PM
  #5
sarcastro
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Quote:
Originally Posted by Moo View Post
No, it is correct.

Columbus had the most lottery balls and thus was the favorite to win. If they had won, you got the lowest return on your bet. (If you bet 100, you got that 100 back, plus an additional 20.)

Calgary had the least lottery balls and was the longest shot to win. If they had won, you got the highest return on your best. (If you bet 100, you got that 100 back, plus an additional 1,000.)

Edmonton's win means if you bet 100 on them, you got that 100 back, plus an additional 27 vCash.
They were the favorite but the odds were still 3 to 1 against them, since they only had 25% of the balls in the lottery. Right?

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