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Coachbuster
09 May 12 22:43
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Date Joined: 08 Apr 06
| Topic/replies: 43,041 | Blogger: Coachbuster's blog
assuming something ridiculous like Man City losing at home 0-6 to QPR  or something that can't physically happen .

At what point would the odds stop on account of pointlessness ?

a 90 minute game (rather than say a darts match)


40,000 -1

Would someone with a 400,000 bank might consider it worthwhile to win a tenner maybe ?  would anyone back that score at those odds ?

I suppose over 50 games a week that's £500

Anyway,that's my weird though for the day  Tongue OutCrazy

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Replies: 12
By:
Coachbuster
When: 09 May 12 22:44
thought *


40,000/1  i'm going for
By:
bob.vegas
When: 10 May 12 02:18
i like it. not sure of the answer though mate
By:
Mike-lfc
When: 10 May 12 02:41
Maybe 1/1000000. Nice round number.
By:
Mike-lfc
When: 10 May 12 02:42
Sorry 1000000/1 that should be.
By:
bob.vegas
When: 10 May 12 02:42
maybe a Squillion/1
By:
meltdown
When: 10 May 12 05:31
most bookies have win limits normally £500k so i am assuming 500,000/1
By:
A Reasoned View
When: 10 May 12 07:54
£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.
By:
ror
When: 10 May 12 08:30
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.
By:
keano712
When: 10 May 12 10:50
cos a £2 bet wins you something at 1/100..ror...it wouldnt at 1/1000....:)
By:
ShirleyKnot
When: 10 May 12 11:06

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.
By:
tobermory
When: 10 May 12 15:38

May 10, 2012 -- 7:54AM, A Reasoned View wrote:


£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.


But why would they only lay Darlington @1 Million /1 ? .They could lay 500 hundred teams at the same odds in The FA Cup and if there were enough markets across all sports full of no hopers they could make a decent return on their mikkion each year

By:
tobermory
When: 10 May 12 15:39
*million
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