HardofHerringGull wrote:
I think the 100/1 price tag was the give away there!
Thats why I don't normally bet on horses!!
FYI I've got Hull, Blackpool, Notts County, Leicester and Newcastle accumulator on today. No idea why I backed Notts away at Stevenage when theyve just got a new manager but we'll see!!
ferrarilover wrote:Haha, I love bookies, we beat Swindon and our odds don't change. Beat bottom of the table Northampton and odds are slashed. Doesn't make sense to me.
Matt.
My understanding is that bookies calculate the odds, for the most part, according to the amount of money wagered on any particular bet.
mustve been my £2.50 placed on weds that made the difference then!!
bloody barca let me down for final bet of the day, 7th game in acc, just drew 00 at villarreal, who, i must say, put in one hell of a shift to stifle barcelona. reals title now surely, 7 pts ahead and in imperious form, just the one classico left, expectng them to lose two others (or lose one and draw one) is highly unlikely
mourinho still leaving at end of season whatever, hes as unpopular in madrid as that **** was in torquay!!
Gullscorer wrote:
My understanding is that bookies calculate the odds, for the most part, according to the amount of money wagered on any particular bet.
Yes I think you are right, if suddenly the betting on Tqy increased,then the odds would shorten. It's just maths in reality.
wodger of awabia wrote:
Yes I think you are right, if suddenly the betting on Tqy increased,then the odds would shorten. It's just maths in reality.
Which is even more bonkers. Did no one else notice that we lost 1 in 13, but make that 1 in 14 against the worst team in England and Wales and suddenly it's time to lump on? Strange if you ask me.
just one week after swearing that i'd never ever ever back middlesboro or barnsley what do i bloody well go and do??!!
yes thats right i back sunderland to beat boro, and boro are winning!! i also never normally do cup matches but i've had a feeling that sunderland will win the cup this year, obv a wrong feeling!! (as usual)
ferrarilover wrote:
Which is even more bonkers. Did no one else notice that we lost 1 in 13, but make that 1 in 14 against the worst team in England and Wales and suddenly it's time to lump on? Strange if you ask me.
Matt.
Well the answer to that is probably yes. For a team to have a great run and be 10th is fine, but to have a great run and go 5th and suddenly you're a lot more noticeable. A few games ago we weren't in the play-offs, and now we are, which is the difference.
Sounds like it'll soon be time for me to dust off my bi-annual Over-round Explanation.
Basically,the ideal situation for bookies is to have a balanced book; equal liabilities on all teams, so that regardless of what happens, they still make their profit; it's about 19% in football, generally. This is just a hypothetical figure because it's really quite hard to convince punters to bet on what you want them to bet on. Weight of money influences a book way more than results. I guarantee you that if I'd wanted into Hills at the beginning of the season and asked for 10 grand on us at 33s they'd have cut it sharpish. (they might have refused my bet, or agreed to take 5k and offered me 25s for the rest)
