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LibLabUK Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 04:18 AM
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Brits bet on scientific discoveries and technological advancement
The Great British Public is so sure that scientists will discover gravity waves within the next six years that Ladbrokes, the bookies, has had to slash the odds it is prepared to offer anyone wanting to bet on it.

The betting firm offered odds on five scientific breakthroughs being made by 2010. It reportedly offered 10,000/1 against life being found on Saturn's moon Titan, although the site does not show this as an available bet at the moment, and originally set the odds of discovering gravitational waves at 500/1.

The odds looked too good to the punters, though, and the company has had to shorten the odds to 10-1 as a result, according to Warren Lush, a Ladbrokes spokesman, speaking on the BBC Radio 4's Today programme.

"We had to shorten odds to 10/1, but when I was asking experts, physicists about this they were very very divided and 80 per cent of those I spoke to thought it had no chance of being discovered by 2010."

Since that broadcast, the odds have shortened further and are now just 6/1.

<snip>

Bets will be settled on the basis of reports published in New Scientist magazine, the bookies say. ®

Those odds in full:

  • Understanding the origin of cosmic rays by 2010: 4/1
  • The ATLAS experiment at CERN finding the Higgs Boson by 2010: 6/1
  • The Laser Interferometer Gravitational Wave Observatory (LIGO) detecting gravitational waves by 2010: 6/1
  • Building a fusion power station by 2010: 50/1


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alexwcovington Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-01-04 04:44 AM
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1. That's nifty.
I'd like to try a hand at that!
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