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100/1 Odds On 'First Contact' Within a Year

astroengine writes "After all the kerfuffle of 'Ambassadorgate' — when the UK media went nuts over the rumored promotion of Mazlan Othman to become the UN's first choice as mankind's alien point of contact — it would appear that gamblers saw this as a tip that an alien landing was imminent."

11 of 309 comments (clear)

  1. Re:Let me be the first to say... by dotancohen · · Score: 4, Funny

    What a waste of an opportunity for a f1rst c0ntact post. Damn, and I even rushed over while the headline was still red!

    --
    It is dangerous to be right when the government is wrong.
  2. Game changer by Iamthecheese · · Score: 4, Insightful

    If aliens do visit massive fluctuations in currencies and wealth will render said bet meaningless. It only makes sense to vote against.

    --
    If video games influenced behavior the Pac Man generation would be eating pills and running away from their problems.
    1. Re:Game changer by KarlIsNotMyName · · Score: 5, Funny

      I'd think it'd be more like "HOLY FUCKING SHIT ALIENS" in some places.

      --
      We are all God's parents.
    2. Re:Game changer by MozeeToby · · Score: 4, Interesting

      Wow, I just realized what a brilliant move this is on the part of the betting house. The fools who bet for it happening just aren't going to win, the fools who bet against it happening... well, take their stake, put it in a CD for 12 months, then give them their 1% winnings, while you keep the other 2% for yourself.

    3. Re:Game changer by MBGMorden · · Score: 4, Insightful

      I think you're right. Many people believe that the simple discovery of aliens would usher in some new era of either panic or cooperation for all of mankind.

      Based on what I've observed, I think it's most likely to be a simple case of few people caring. I'm sure some would claim it's a government conspiracy either way.

      You won't find a whole lot of people even concerned until they start whining about illegal aliens within our borders and the aliens taking our jobs.

      --
      "People who think they know everything are very annoying to those of us who do."-Mark Twain
  3. It's a good tip... by Drakkenmensch · · Score: 5, Insightful

    ... that some bookies figured that by giving great odds on an impossible events, idiots would flock to give them money.

  4. Re:Let me be the first to say... by mcgrew · · Score: 4, Interesting

    No, all "100 to one odds" means in this context is if you bet a dollar they'll be here in a year and they show up, you win $100. It has nothing to do with the real probabilities, which are as close to zero as you can get.

  5. summary is incorrect by LordKronos · · Score: 5, Informative

    The summary is incorrect. The 100 to 1 odds aren't even for first contact, but merely that the US/UK will announce the existence of aliens. From TFA:

    the gambling company is offering odds of 100/1 on either the US President or the serving British Prime Minister to announce the existence of intelligent extra-terrestrials within a year of the bet being placed.

  6. Re:Let me be the first to say... by camperdave · · Score: 4, Funny

    Well, after ruling this planet for 35 million years or whatever, the dinosaurs just up and disappeared. Obviously they developed space travel and decided to migrate to a better part of the galaxy.

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    When our name is on the back of your car, we're behind you all the way!
  7. Re:Let me be the first to say... by Lord+Ender · · Score: 4, Interesting

    Do you realize how much our understanding of the universe has changed in 100 years? Do you realize how much our technology has advanced in 100 years?

    For all we know, there is a galactic Internet accessible via quantum effects of some sort. Tapping that would be first contact. Alternatively, synthetic lifeforms may be trying to replicate themselves by broadcasting the schematics for their hardware/software throughout the universe via radio waves, being "born" whenever some curious species detects the signal and builds it. Build it and talk to it -BAM- that's first contact. Considering the size of the universe and the principles of evolution, this later idea seems down-right likely, not just plausible.

    We don't have to be physically visited to make first contact.

    --
    A slashdotter who didn't build his own computer is like a Jedi who didn't build his own lightsaber.
  8. Re:Let me be the first to say... by Anonymous Coward · · Score: 5, Funny

    Think of the steam engine. It is a single invention that caused and made possible the entire industrial revolution.

    Now you're giving Valve too much credit.