Update:
I've loaded it up with some current betting odds found on the web.
So it's ready to roll.. Though it's missing any expert ratings so it's not going to be of much use until then.
However, if you want to get a feel for how this tool for calculating betting advice differs from a tool to predict the winner -- select the "Uniform Ratings" from expert ratings list, click Load, then Start the simulation.
What you should see over time is now every team equally likely to win the tournament. Now look at the Expected Profit columns. Red entries are expected profitable bets, the higher the better. Note that Honduras is the highest expected payoff -- which makes sense since it's the team that has the highest payoff odds and we are assuming for this experiment that all teams are equally likely to win.
[LOCKING TOPIC -- PLEASE REPLY ON ONE OF THE
ACTIVE WCP 2010 THREADS]