Betting on the Supreme Court

Posted in mathematics with tags , , , , , , , on December 6, 2016 by telescoper

This week the UK Supreme Court is hearing an appeal by HM Government against the judgment recently delivered by the High Court which was that the UK Government must seek the approval of Parliament before it can invoke Article 50 of the Lisbon Treaty and thus begin the process of leaving the European Union. You can watch the proceedings live here. I had a brief look myself this morning but as I’m not a legal expert I found it rather hard to follow as it’s rather technical stuff. That wasn’t helped by the rather dull delivery of James Eade QC who was presenting the government’s case. Nevertheless, it is a very good thing that we can see how the law work in practice. I was surprised at the lack of gowns and wigs!

Although Eade seemed (to me) be on a very sticky wicket for some of the time, it’s impossible for me to come to any informed inference about who’s likely to win. Out of interest, to see what other people think, I therefore had a quick look at the betting markets. Traditional bookmakers (such as William Hill) are offering 1-3 (i.e. 3-1 ON) for the original decision being upheld so they’re clearly expecting the appeal to fail.

These days, however, I’ve started to get interested in other kinds of betting markets, especially the BetFair Exchange. This allows customers to act as bookmakers as well as punters by offering the option to “lay” and/or  “back” various possible bets. “Laying” betting means effectively acting as a bookie, proposing odds on a particular outcome. i.e. selling a bet.  “Backing” a bet means buying a bet. The exchange then advertises this to prospective bettors who sign up of they are prepared to stake money on that particular outcome at those particular odds. It’s very similar in concept to other trading services, e.g. share dealing. Matches aren’t always made of course, so not every bet that’s offered gets accepted. If that happens you can try again with more generous odds.

The advantage of this type of betting is that it represents an “efficient market”. Such a market occurs when all the money going into the market equals all the money being paid out in the market – there is no leakage or profits being taken. Efficient betting markets rarely exist outside of betting exchanges – bookmakers need to reap a profit in order to run a business. For example, though William Hill is offering 1-3 on the Supreme Court ruling being upheld, the odds they offer against this outcome are 12-5. These are not “true odds” in the sense that they can’t represent a consistent pair of probabilities of the two outcomes (as they don’t add up to one). In the case of an exchange market a bet laid at 1-3 is automatically backed at 3-1. These can then be regarded as “true odds”.

This is what the BetFair Exchange on the Supreme Court hearing looks like at the moment (you might want to click on the image to make it clearer):

 

supreme-court

The odds are given in a slightly funny way, giving the gross return for a unit stake (including the stake). In more normal language “4.3” would be 100-30, i.e. a £1 bet gets you £3.33 plus your £1 back. A bet on “overrule” at “4” (3-1) corresponds to a bet against “uphold” at 1.33 (1-3), reflecting what I was saying about “true odds”.

The first thing that struck me is the figure at the top right: £38,427. This is the value of all bets matched in this market. By BetFair standards this is very low. A typical Premiership football match will involve bets at least ten times as big as this. As in the court case itself there just isn’t very much action!

Apart from that you can see that the odds here are broadly similar with William Hill etc with implied odds around 3-1 to 4-1 against overruling.

Before you ask, I’m not going to bet on this myself. My betting strategy usually involves betting on the outcome I don’t want to happen. Although I think Parliament should be involved in Article 50 I am just happy that this matter should be left to our independent judiciary to decide.

Absorbed in a Quasar Spectrum

Posted in The Universe and Stuff with tags , , , , , , on December 5, 2016 by telescoper

Many people seem to think that astronomers spend all their time looking at pretty pictures of stars and galaxies. Actually a large part of observational astronomy isn’t about making images of things but doing spectroscopy. In fact the rise of astronomical spectroscopy is what turned astronomy into astrophysics. But that’s not to say that spectra can’t be pretty either. Here is an example (from here) which shows the light from the quasar HE0940-1050 taken by the UVES instrument mounted on ESO’s Very Large Telescope in Chile.

This quasar is an interesting object, at a redshift of z= 3.0932 (which converts to a look-back time of about 11.6 billion years). The dark bands and lines you can see in the spectrum are caused by absorption of the light from the quasar by clouds of hydrogen gas between the quasar and the observer; the strength of the absorption indicates how much gas the light from the quasar has travelled through.  The absorption occurs at a particular wavelength corresponding to the Lyman-α transition but, because the clouds are all at different redshifts, each produces a line at a different observed wavelength in the quasar spectrum. There are many lines, which is why the collection of clouds responsible for them is often called the Lyman-α Forest. In effect the quasar sample is very much like a core sample, as if we were able to drill back in time to the quasar through the material that lies along the line of sight.

This spectrum is particularly remarkable because of the number of faint lines that can be seen: it’s like a detailed DNA Fingerprint of cosmic structure. It’s also very pretty.

 

“There’s no way it’s real”

Posted in Uncategorized on December 5, 2016 by telescoper

Interesting “inside” story by a student of the discovery of gravitational waves, from the Classical and Quantum Gravity Website.
Professor Stephen Fairhurst (mentioned in the post) is a member of the Gravitational Physics group at Cardiff University, and Director of the Data Innovation Research Institute.

Jennifer Sanders's avatarCQG+

Written by Samantha Usman, who is currently pursuing an MPhil at Cardiff University, UK under the supervision of Prof. Stephen Fairhurst. She graduated in May 2016 with a BS in Mathematics and Physics at Syracuse University. While at Syracuse, Usman worked with Prof. Duncan Brown on improving LIGO’s sensitivity to gravitational waves from binary star systems. In her spare time, Usman trains in Brazilian jiu jitsu and Muay Thai kickboxing and enjoys walks with her Australian Shepherd, Marble.


The discovery of gravitational waves from an undergraduate’s perspective

Author Samantha Usman training for competition in Brazilian jiu jitsu. Author Samantha Usman training for competition in Brazilian jiu jitsu.

The first time I learned LIGO might have detected a gravitational wave, I was listening in on a conference call on September 16, 2015. Two days earlier, ripples in the fabric of space from massive black holes crashing into each other at half the speed of light had passed through the…

View original post 1,036 more words

Little Gidding – V read by Paul Scofield

Posted in Literature with tags , , on December 3, 2016 by telescoper

A small taster of the late Paul Scofield‘s magnificent reading of T.S. Eliot’s Four Quartets. This is the last section of the last part, Little Gidding.

I Know Nothing!

Posted in Television with tags , on December 2, 2016 by telescoper

R.I.P. Andrew Sachs (1930-2016)

Belshazzar’s Feast

Posted in Music with tags , , , , , , , on December 2, 2016 by telescoper

Last night I made my way through the foggy streets of Cardiff to St David’s Hall to attend a concert by the BBC National Orchestra of Wales (joined for the second half by the BBC National Chorus of Wales and Members of Bristol Choral Society) conducted by Martyn Brabbins for a programme of music by British composers, culminating in a performance of Belshazzar’s Feast by William Walton. The whole concert was broadcast live on BBC Radio 3 and you can listen to it here on iPlayer for the next month.

The concert began with the “concert overture” In the South (Alassio) by Edward Elgar. I put “concert overture” in inverted commas because, at about 25 minutes, it’s a bit long for an overture and is really more like a tone poem. Elgar wrote most of it when on holiday in Italy in 1904. He was actually planning to write a full symphony but the inspiration he’d hoped to get from fine weather didn’t transpire because it was even colder and damper in Alassio than in his native Malvern. Incidentally, Alassio is in the North of Italy not the South. The music Elgar composed when the weather improved is not a full symphony, but a bright and colourful piece which comprises a number of episodes, some pastoral and some tempestuous. It’s richly orchestrated and served as an enjoyable warm-up for the musicians (and audience). Conductor Martyn Brabbins, by the way, was sporting an impressive beard which lent him extra gravitas on the podium.

The second item on the agenda was the Double Concerto for Violin and Cello by Frederick Delius, which provided an interesting contrast, from an overture that’s too long for an overture to a concerto that’s too short – at around 20 minutes in duration – to be a concerto. The two principals here were Tasmin Little (violin) and Paul Watkins (cello), both of whom played very well but the sound balance made the cello a little hard to hear over the rest of the orchestra, despite the fact the orchestra was pared down a little for this piece, with some of the strings and the percussion that was heavily used in the Elgar being removed. This work, which is rather rhapsodic in form, certainly has its moments of beauty – especially when the violin and cello combine – but overall I found it hard to discern an overall structure and sense of development. Perhaps I’m being harsh, though, as talk in the bar during the interval that followed immediately was generally very enthusiastic about this piece. Tasmin Little also appeared in the lounge to sign CDs and talk to fans.

After the interval was the main event, William Walton‘s sumptuous Belshazzar’s Feast. This was originally commissioned by the BBC in 1929 who asked for a “small-scale choral work” which would be suitable for a radio broadcast. I’m not sure what part of “small-scale” Walton didn’t understand, but he produced a work that required orchestral and choral forces far too large to be accommodated in the original studio venue, so it wasn’t performed until 1931 at the Leeds Music Festival. To be fair to Walton it is a fairly short work – about 35 minutes long – but it packs a huge range of choral and orchestra textures. It’s of the form of a cantata based on words taken from Psalm 137 (“By the rivers of Babylon…”) and the Book of Daniel, divided into a series of episodes that run into each other. It tells the story of Babylonian king Belshazzar who defiles the holy vessels of the Jews (who are in captivity in Babylon) by using the vessels to toast the heathen gods. A ghostly apparition appears in the form of a human hand which writes on the wall `MENE, MENE, TEKEL UPHARSIN’ (which is to say ‘Thou art weighed in the balance and found wanting’). Belshazzar is killed that very night, and his kingdom falls to bits.

For this piece the Orchestra was back up to full strength, with two additional banks of brass instruments in the tiers above and to either side of the stage and the might St David’s Hall organ was also deployed. Behind the main body of the BBC National Orchestra of Wales were the massed ranks of the singers: the BBC National Chorus of Wales and members of the Bristol Choral Society and on stage was bass soloist Neal Davies. They combined to produce a truly exhilarating performance. I loved every minute and was deeply impressed by the variety and expressiveness of Walton’s score. The end of the concert was greeted with rapturous – and richly deserved – applause. I’ve never heard this piece live before, only on record, and I’m very glad to have been able to hear it done so well in such a great venue with such great singers and musicians.

And then I was out in the cold again, walking back to Pontcanna. The fog was even thicker after the concert than it was before and I found my usual path through Sophia Gardens completely enshrouded in a mist so dense I couldn’t see where I was going. I had to make a diversion onto Cathedral Road where there was at least some illumination. When I got home I realized I hadn’t had any dinner so had a cheese sandwich. Not exactly a feast, but at least I didn’t defile any sacred drinking vessels either…

P.S. The next concert I’ll be going to at St David’s Hall is the traditional seasonal performance of Handel’s Messiah..

World Aids Day 2016

Posted in LGBTQ+ with tags on December 1, 2016 by telescoper

That’s today.

image

Crossword Update

Posted in Crosswords with tags , , , , , on December 1, 2016 by telescoper

I haven’t posted anything for a while in the folder marked `Crosswords’ so here’s a quick update on the situation with respect to my adventures in the land of cruciverbalism.

This morning I received the latest issue of the Times Literary Supplement, and found this on the back page:

tls_winner

I like doing this crossword, as it involves an interesting mixture of literary references and more usual cryptic clues. Also, the prize is not a dictionary but a cheque for £40. I’ve actually won this weekly competition three times this year, which means I’ve netted £120 – more than enough to pay for the subscription. Since the TLS is also very interesting to read (once the crossword has been finished), this seems to be working out rather nicely!

I’ve had a couple of other wins recently. This set of dictionaries courtesy of the Everyman puzzle in the Observer:

dictionaries

And this pair of non-dictionaries courtesy of the Financial Times:

not_dictionaries

This good news aside however I must pass on some very distressing information. It is with great dismay at the accelerating decline of Western civilisation that I have to point out that I think there was a mistake in the latest Azed crossword (No. 2321). The clue at 21 down reads:

Remains of pyre – death of Cleo – packed with African timber? (7)

The checked lights give A-HHE-P, which strongly suggests ASH-HEAP (hyphens are not clued in Azed puzzles). The first part of the clue – `Remains of pyre’ – then parses as the definition. The cryptic part then comprises two parts: ‘death of Cleo’ (suggesting ASP) fits with ASHHEAP if ASP is `packed with African timber’, i.e. if a four-letter word meaning `African timber’ is included within ASP. I can’t find any such word HH-A, but SHEA is a kind of African tree. That, however, would give ASSHEAP which (as well as sounding a bit rude) does not fit with the definition or the checked light at 26 down (HEARTH, i.e. HEART+H).

I’m pretty sure, therefore, that this is a slip by the setter.

Yancey Special

Posted in Jazz with tags , , , on November 30, 2016 by telescoper

Time for a bit of Boogie Woogie. This is by the great Jimmy Yancey who, despite having a strong claim to be regarded as the founding father of this style of piano playing, is nowhere near as well known as he should be. In fact he only began to make recordings relatively late in life and never earned enough money to give up his day job, which was as a groundsman for the Chicago White Sox baseball team. He was nevertheless a huge influence on people like Meade Lux Lewis and Albert Ammons who made a great commercial success out of this  genre.

You may or may not know that Boogie Woogie encompasses quite a wide `library’ of left-hand bass patterns, many of which have their own names: the Rocks, the Trenches and the Fives to name but three. I’ve always felt that there was an interesting paper (or perhaps PhD thesis) to be written about the various permutations of notes involved in these figures, which mainly (but not exclusively)  involve the root, third, fifth and sixth notes of the relevant chord, which are usually themselves part of a standard 12-bar blues progression. Usually the little finger of the left hand picks out the root note and since the pattern played by the other fingers doesn’t change as the chords change remembering where your pinkie has to go more-or-less guarantees that the rest of the pattern ends up in the right place.

The simplest of all these Boogie Woogie figures to play is the Barrelhouse left-hand style that just involves a pair of two-note chords (root-fifth and root-sixth). Double up each of those chords and you get the left hand for Meade Lux Lewis’s classic Honky Tonk Train Blues, and so on. I mention that because if you follow the Youtube link you’ll see a photograph of Jimmy Yancey watching Meade Lux Lewis play.

Anyway, though most Boogie-Woogie left-hand bass figures have rather abstract names such as those listed above, this one – which you’ll recognize from a number of other tunes, such as Fats Domino’s Blueberry Hill –  is always called the Yancey Special left hand as a tribute to its inventor. Apart from that lovely rolling bass line, what else is great about this track is the way Jimmy Yancey generates such a sense of forward momentum at a relatively slow tempo, e.g. by using the very effective technique (called a “pick-up”) of starting a right-hand phrase just before the bar line indicate by the left hand.

Attempted Assassination of the Queen – by William McGonagall

Posted in Poetry with tags , , on November 30, 2016 by telescoper

God prosper long our noble Queen,
And long may she reign!
Maclean he tried to shoot her,
But it was all in vain.

For God He turned the ball aside
Maclean aimed at her head;
And he felt very angry
Because he didn’t shoot her dead.

There’s a divinity that hedges a king,
And so it does seem,
And my opinion is, it has hedged
Our most gracious Queen.

Maclean must be a madman,
Which is obvious to be seen,
Or else he wouldn’t have tried to shoot
Our most beloved Queen.

Victoria is a good Queen,
Which all her subjects know,
And for that God has protected her
From all her deadly foes.

She is noble and generous,
Her subjects must confess;
There hasn’t been her equal
Since the days of good Queen Bess.

Long may she be spared to roam
Among the bonnie Highland floral,
And spend many a happy day
In the palace of Balmoral.

Because she is very kind
To the old women there,
And allows them bread, tea, and sugar,
And each one get a share.

And when they know of her coming,
Their hearts feel overjoy’d,
Because, in general, she finds work
For men that’s unemploy’d.

And she also gives the gipsies money
While at Balmoral, I’ve been told,
And, mind ye, seldom silver,
But very often gold.

I hope God will protect her
By night and by day,
At home and abroad,
When she’s far away.

May He be as a hedge around her,
As he’s been all along,
And let her live and die in peace
Is the end of my song.

by William Topaz McGonagall (1825-1902)