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"300 to 1 implies that the bookies think that if this current situation occurred, repeatedly, 300 times then McLaren still won't win. You now have to decide if they really would win in 299 or less. If you do, it may be worth the punt!"
It means no such thing, and so many people credit you with intelligence? In this case there is 1 single outcome; the 2015 F1WDC! It happens once, the circumsatnces that make X,Y,Z, champion are that. With a magic "time machine" for want of a better phrase:You can rerun the circumstances of this championship as many times as you like but I get you get alot closer to 30000 times than 300 times to get an Alonso win.
You lack an understanding of bookies, they set their prices to attract punts.That done they then look to hedge their bets and lay them off elsewhere if they get too much interest at a particular price.
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