what are the percentages of different races in football in the uk today?

[aylesby]

what are the percentages of different races in football in the uk today?

[lesblue]

I think the figure you refer to is the "mark up" that bookmakers use to balance their books. I will attempt to show you how this works by means of an example. I am sure someone more qualified will give you a more in-depth answer.

Example: In a three-horse race, each horse is reckoned to have an equal chance of winning ( 2 to 1). The bookmaker, in order to make a profit, would adjust the prices, so that each horse was, say, 7 to 4 (1.75 to 1).

Whichever horse wins, the bookie would pay out �2.75 to every �3.00 that had been staked, giving him a profit of 25p in every �3, or 8.33p in every pound.

That would make the percentage of this particular race 108% (100% being the break even figure). It obviously gets more convaluted when there are more participants. In big races (i.e. the Grand National) it is not out of the ordinary to see a percentage figure of 130% or higher. Thats why you never see a poor bookie.

Hope this helps.

[squarebear]

I don't think it will, as judging from his other questions, he means something like:

25% - Black footballers
25% - Asian footballers
17% - Chinese footballers

and so on.

[paraffin]

If you're being serious, why not contact the respective FAs etc who register players?

Or are you just expecting people to give a rough ball park percentage?

[aylesby]

well i have to reserch it as a peice of evidence as to how race affects which sports people go into for A-levels and am getting nowhere online so a rough figure or website that might help would be fantastic.

[lesblue]

Ha ha. I'll read the question properly next time. Thats ten minutes of my life I'll never get back.

[aylesby]

well i did lear something about bookies so its not all bad :) thanks for trying

[lesblue]

How did you guess, Steve. Only just woke up lol