Euro 2012 - Top Goalscorer Markets

Funny that Dzagoev went to 1000 with 3 goals already scored ..

lmfao anybody who thinks torres wins it needs to give up betting an take up knitting

i dont get it, the BBC commentary clearly stated torrest is top goal scorer and golden boot winner and his odds were still 2.8/1 and balloteli was  1.21/1 !!! Are these betfair chaps not checking these out?

Lads and Korals havve just tweeted that (top tourney goalscorer) is settled as a 6 way dead heat.

Betfair doesn't say golden boot winner so it will be the same.

torres won golden boot- yes

yeh 2 up against 10 men

paddy power is also dead heat

Ireland - 2nd best scroungers in Europe

Yep market is now settled, i think we all lost money!

they should give golden stud to every one with 3 goals

i was very tempted to lay torres at 3.0 ish with one minute to go, trouble was of course if he had scored again youd get buggered up the bum with a red hot buggery stick

Jul 1, 2012 -- 9:49PM, sideshowbob wrote:

lmfao anybody who thinks torres wins it needs to give up betting an take up knitting

Torres wins Golden Boot (fully aware "top goalscorer" a whole different issue)

Betfair Sports ‏@BetfairSports

Just to confirm the Top Goalscorer market was indeed a 6-way dead heat. Dead heat rules can be found here http://sports.betfair.com/aboutUs/Rules.and.Regulations/


•Unless stated otherwise in the Specific Sports Rules and/or the Market Information the Dead Heat Rule applies to bets on a market where there are more winners than expected (as set out in the Market Information).
•For each bet matched on a relevant winning selection, the stake money is first reduced in proportion by multiplying it by the sum of the number of winners expected (as set out in the Market Information), divided by the number of actual winners (i.e. stake multiplied by (number of winners expected/number of actual winners)). The winnings are then paid to the successful backers on this 'reduced stake' (reduced stake multiplied by traded price) and the remaining stake money is paid to the appropriate layers.
•For example, assume there is a dead heat for first place between three horses. 'Client A' has backed one of the winners for a stake of 300 at the traded price of 4.0 and 'Client B' has taken the other side of this bet. When the event is settled, the stake (300) is multiplied by 1/3 (i.e. the number of expected winners (1) divided by the number of actual winners (3)) to calculate the reduced stake (100) and the remainder given to the layer (200). The backer then receives the traded price matched (4.0) multiplied by the reduced stake (4 x 100 = 400). In this example, Client A's net winnings are 100 (400 payout minus the original 300 stake), and Client B's net losses are 100. Alternatively, this can be viewed as the full amount paid to the traded price divided by the number of dead-heaters. In the above example this would be 300 at the traded price of 4.0 (1200) divided by 3; making 400 payout and 100 net winnings.
•By way of another example, assume there is an outright winner in a golf tournament but 7 players tie for 2nd place. In the "top 5 finish" market, after settling on the outright winner in the top 5 market there would be 4 other designated winners places available. 'Client A' has backed one of the winners for 300 at the traded price of 4.0 and 'Client B' has taken the other side of this bet. When the event is settled, the stake (300) is multiplied by 4/7 (i.e. the number of expected winners (4) divided by the number of actual winners (7)) to calculate the reduced stake (171.43) and the remainder given to the layer (128.57). The backer then receives the traded price matched (4.0) multiplied by the reduced stake (4 x 171.43 = 685.72). In this example, Client A's net winnings are 385.72 (685.72 payout minus the original 300 stake), and Client B's net losses are 385.72.
•In relation to customers whose betting counterparty is Betfair, for the purposes of this section of the Betfair Rules dealing with dead heats, the terms 'Client A', 'Client B' and 'appropriate layers' should, where relevant, be read as 'Betfair'

I've just spoken to Michel Platini and he's confirmed that the winner of the golden boot is John Terry.







(can we all agree when this one gets old)

Walofs.

What does my small wager on Dzagoev pay out? £2.50 ew at 150/1

is only betfair top scorer are all bookie however written golden boot

My £5 at 9s made me £2.44

as far as i know all bookies settle it as a dead-heat, regardless of what you wrote on the slip. obviously i could be wrong, but ive never known a bookie to settle it on anything else, and ive bet on it for 20 years.

Damn you Torres!

I dont get the top scorer, i had two different bets on torres, 1 won and 1 lost why??

    2012-07-01
21:45     20731046028     2012-07-01
21:33     Euro 2012 / Winner/Top Goalscorer / Spain/F Torres
Back           3.00     8.00     Lost     (4.00)           8.81
    2012-07-01
21:45     20730900094     2012-07-01
21:22     Euro 2012 / Winner/Top Goalscorer / Spain/F Torres
Back           12.00     2.00     Won           2.00     12.81

Racing Post listed the bookies markets as Golden Boot so should just pay Torres in full if that was correct

paddys payed dead heat,ive had my torres bet settled

wow i had TORRES as topscorer, he screwed me over right there ah well still a small profit, thought i was lost when he played only from 75th minute

Has this assists rule existed in the past to determine GB?

1st time was in 2010 WC chatterbox

I don't get this...

Betfred settled Torres as a dead heat per their rules.

William Hill settle Ronaldo as a loser even though their live help assistant told me 20 mins ago they'd settle it as a dead heat.

Something wrong somewhere!!!

depends wether it was Top Scorer or Golden Boot

But weren't all the bookies offering odds on the Top Goalscorer market? Did GB market exist?

Hills just changed it after initially settling Ronaldo as a loser....Rightly so too

Hills just changed it after initially settling Ronaldo as a loser....Rightly so too

Had Spain and Torres  top scorer at 25-1 with Fred i presume i will get the 25-1

The RP Pullout lists the bookies odds as Golden Boot which means they'd settle Torres and the other 5 would be losers but someone said they got paid as dead heat

you presume wrong..he was joint top with 5 others

will someone please explain this too me??? anybody

    2012-07-01
21:45     20731046028     2012-07-01
21:33     Euro 2012 / Winner/Top Goalscorer / Spain/F Torres
Back           3.00     8.00     Lost     (4.00)           8.81
    2012-07-01
21:45     20730900094     2012-07-01
21:22     Euro 2012 / Winner/Top Goalscorer / Spain/F Torres
Back           12.00     2.00     Won           2.00     12.81

But only Spain won

ive been settled as dead heat with paddys 2ew 18 to 1 got 13 quid back,would be that much with a 6 way tie would it,

Spain to win the tournament- Torres top goalscorer 25-1 with Fred.
No doubt in my mind that i should get2 5-1

the racing post can put owt they want though. even if the bookies put golden boot, youd be hard pushed to get a full payout if it says in the t&c that its settled as a dead-heat.

one funny thing, i wonder how many one-off punters bet on the others and heard on bbc that torres "won the golden boot" so never bother collecting their winnings...

probably pay for the bubbly at the shareholders.

also don't get this...
bet on Gomez Topscorer before the game at 9.6, when Torres made his assist at 4:0, i bet on Torres. Now torres has the Golden Boot, but Gomez won the bet,and now I only got 1.20€ with a 9.6 betting odd on Gomez? What kind of sorcery is this ?

why should you get 25/1

he didn't win it..you can't get 25s based on being on the pitch less minutes than gomez

stake divided by 6 players x the odds

yes harry. has to be. cos 6 bets "won" they have to pay out on all 6. so a 6th of the stake wins, the rest loses.

Just to clarify, was there only one market in Betfair for Top Goalscorer or was there two, Top Goalscorer and Golden Boot winner?

because racing post had golden boot table and only one player won the golden boot torres,all sorts of complaining tomorrow

surely i should get 25-1 as Spain won the tournament and Torres was top goalscorer

i bet if you walked into laddies and wrote on slip 'torres to win golden boot' i guess they have to pay

Gomez was top goalscorer but Germany didnt win the tournament

anyone got the posts pull out of the golden boot table ,any help there with bookies exceptions on the bottom

ffs bilko no telling some people

Agree Harry

they wouldnt pay. bookies dont always pay out on genuine bets, so they arent gonna pay out on mythical bets.

no there was no "golden boot" market on here.

If this doesnt pay out i want Betfair to open this market next time as i will lay everything

sideshowbob, a 6th of the stake shouldnt be right. it should be 6th of the odd/s or that is totally unfair surely. its will leave most people putting bets on and getting less than their stake back

no but gomez top scorer and spain to win the tournament won. or a 6th of the bet won. presuming that was an option as a bet.

I'm looking at the pullout now...just says 'GoldenBoot' no mention of any terms

that could be a Racing Post error though

if its in the post as golden boot why would you write golden boot on it,and on internet like me at paddys ,you just go down the table,unless paddys offered both bets boot and top scorer its a rip off,and if it wasnt torres and a skinner we no what they,d be paying

there's a table here:

http://european-championship.betting-directory.com/top-goalscorer.php

they call it Golden Boot but it's obvious they're describing top scorer.

Anyone holding a ticket with a player that has scored three goals on it - go collect.

Gomez top score and Germany was a option.Gomez and Spain was not a option

Therefore 25-1 plz mr Fred

donny, it's a 1/6 of the stake

Racing Post Had the Market as GOLDEN BOOT and  Dan childs has tipped Torres amongst others as 2pts Eway 20/1 Top Goalscorer with Baldy ....no wonder punters get confused.............

hippie, thats a con! who get the rest of the stake?

all stakes on all golden boot bets should be returned as people have been misled unless bookies were offering both options,we have a winner torres why should anyone backing anyone else collect,torres is not sharing award why should torres backers share

that went on the 5 other winners i.e. dead heat rules

Surley, the person who put the bet on should get 5/6 of the stake back, if their not going to match it.

The Bookies Ads in the pullout all say 'Top Goalscorer' it is just the RP confusingly calling their markets Golden Boot

post will have to intervene and get involved as their selection as copped,childs also had pirlo as player of tournament at 100,s

So the Racing Post failed to understand that Top Goalscorer and Golden Boot were not quite the same

i agree, to make it a whole lot simpler, the golden boot should be the winner

was Langson with the Pirlo tip

has that been given to Pirlo then

*Langdon

well if the gomez/spain bet wasnt an option they may pay out at full as a goodwill gesture etc. but then they may not. they could just say its a special, so they dont need to offer odds on all outcomes, and it didnt fully win. its a strange one.

i remember maybe 16 years ago hills had it up as golden boot winner on their shop screens, but settled it as a dead-heat. since then bookies are usually very careful to not use the words "golden boot" anywhere. obviously the racing post arent as careful.

obviously ive backed torres,but if bookies havnt offered 2 markets ,they surely must pay out on torres or refund all bets,

Spain Torres bet paid out at a 1/6th
Germany Gomez bet not paid out

seems like a good deal for the bookies

surely player of tournament has to be iniesta

Excuse my ignorance but can someone explain who won the Euro 2012 / Top Goalscorer 2012 on betfair.  I backed Torres but its showing as a loss.  I thought he would win based on dead heat rule.  Any help would be greatly appreciated.

depends what odds you backed him at

contact betfair, tell them they've made a mistake, you forgive them, but you want your money

if you backed him at less than 6.0 youd make a loss

@tobermory.  How does that effect whether he won or lost?

bestag, there's a poster further down the thread that had Torres settled as both a winner as a loser. He even posted the bets.

Lesson learnt on this one, not betting on tournament topscorer again! shafted on Torres bet! Amounts back are ridiculous.
Get the dead heat rule, but didn't realise I would have to read that much into betting on topscorer! Would have just expected tournament rules applies(read the small print!)
Well done the bookies!

because your stake is divided by 6

so £6 bet means you only have £1 on it so you need 5/1 just to break even

Have I worked this out correctly - £2.50 ew on Dzagoev 150/1 is about £78 quid?

I ordered a quarter pounder at McDonald's today.  Imagine my shock when the young man behind the counter charged me £2.99 instead of the 25p it was advertised at.

2.50 divided by 6 is .416666 (x 150) = 62.6

that's the win part so £78 sounds about right.

Hi guys, I'm a manager of betting shop and top goal scorer betting was always called  'top goalscorer ' throughout  tourney. This applied to winning team and goals corer double and therefore dead heat rules, I.e 1/6 stakes to full odds for win bets on both markets. This happens every tourney where the dead heats kick in.  I feel might have a few arguments in the morning.

what were the each way terms? 1/4 1,2,3,4?

Cheers hippie

Thanks for the help.  Out of curiosity is the inverse then true, anyone laying below 6.0 won and anyone laying over 6.0 lost?  Just trying to think of a way to make money out of this in future as there is obviously an element of confusion around the rules for some people.  Sorry if this sounds stupid but am struggling to get my head round this.

I get it. Won't be using Betfair again for this type of bet. Think the average user would expect to match competition rules. One winner, easy to understand.
Especially as very likely to get joint top scorers in these tournaments!

yeh i had a lay of 5.9 on gomez, got matched for about £190 i think. i made about £3 profit lol.

While not fun for shop managers who have to argue with Torres backing punters Monday Morning, great for the firms generally , as someone said earlier, many backers of Ronaldo et al will just assume they backed a loser and never go to collect

to be fair though, why would layers offer free money?

obviously if someone is willing to lay torres at 4.0 etc then he hadnt "won it"...

Yep bookies win all round, mugs game! Good point lots of people might not even go to collect. Luckily i still get my 60p profit!

It got to the stage where you needed a PhD in mathematics if you wanted to trade out of your position

This is stupid.  Shouldn't you get your stake returned plus 1/6th of your winnings?

Surely dividing the stake+winnings by 6 is robbery

This is stupid.

the irony ...

anyone laying in the market thinking it was the golden boot as spouted by the bbc all game,should plead the vdv obvious error situation,betting 4 to 1 the declared winner according to betfair was an obvious error