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thought *
40,000/1 i'm going for |
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i like it. not sure of the answer though mate
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Maybe 1/1000000. Nice round number.
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Sorry 1000000/1 that should be.
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maybe a Squillion/1
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most bookies have win limits normally £500k so i am assuming 500,000/1
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£500,000 wins pretty much only occasionally comes in via multiple bets at bookies and even then the stake is likely to be bigger than £1. No person/bookmaker with any sense is going to offer such massive odds ever otherwise it could send them to the wall if it did come in. For example imagine it was available on the Exchange....say Darlington? to win the FACup in 2013 - the interest you could earn at a bank on £500,000 over a considerable period would be >> the £1 profit (- your commission and your premium charge!) you would win on here with providing that bet. Even if you had your bet over a shorter timescale eg 90 minutes you would still earn more interest in the bank over the 90 minutes than the £1 you would win(-com /pc) so it's a non starter. Basically for layers there are easier ways to win a £1.
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Assuming you can get 3% annualised earnings on cash elsewhere, then the daily interest is the equivalent to a lay a day of:
1 / ((1.03^(1 / 365)) - 1) = 12 347.7676 So that's roughly 12000/1. But bank interest: a) Cumulates. b) Doesn't risk capital. Based on those factors I think it's entirely sensible that betfair doesn't offer odds longer than 1000/1 to be posted. I just wish it would tick down to 1.001 on the short side, but I can see given the minimum bet size why it doesn't. |
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cos a £2 bet wins you something at 1/100..ror...it wouldnt at 1/1000....:)
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Anyway,that's my weird though for the day I am waiting with great anticipation for todays weird though for the day, if it possible to publish it, of course. |
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*million
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