Colossus Bets taking Coral for £1million tonight

already greened






634K

im amazed this got through from Coral.

Someone is in for the P45

how does he know hes the only person on

have they announced that ?

Its weird but if you cover every outcome in all 15 matches to a £1 steak the total cost is £15,000,000. Coral have **** up here, wonder if they'll try and wriggle out of it

stake

Yes I don't really get this - why do Coral allow people to "buy out" of half the matches?

HL22 finally comes good

they might find another winning coupon, then the million doesnt come into play

Its known as steak on here, don't you know the forum rules. Also threads are called freds.

Sweaty crack time now

1-1 definitely squeaky bum time

parp

Watford have perfectly good second disallowed then Brighton immediately equalise. Then Brighton are very lucky not to have a man sent off when the full back who's already been booked carved someone down on the edge of the box. He needs Watford or the draw, and Watford clearly the better team....I think we all know what's going to happen here don't we?

hope the ref doesn't have coral connections

big browny dangling out of his back pocket

He's told the RP he'll probably hedge a bit by backing Brighton so he's probably just said otherwise on twitter for the publicity. Like he needs the cash anyway.

£32k a small price to pay for the publicity they have picked up tonight

So basically he has outplayed 35k on a 28/1 shot roughly.
I wonder what they would say in a shop if u tried to put that on a horse?

On some of his selections he's backed all 3 outcomes in the game. What's the point of that?

1 million quid

I thought that Ranogajec fella was behind Colussus Bets.  If so £1m is small change to him.

Coral take 30% of every bet. It's a mugs bet. Nothing more, nothing less. They are pushing it like mad in their shops.

how much has he spent to win his million or is this the 1st time he has placed the bet

Coral take 30% of every bet. It's a mugs bet. Nothing more, nothing less. They are pushing it like mad in their shops.

Well my thinking was if you're backing all 3 outcomes in the same game you might as well not include it but i was forgetting you have to pick 15 games. Obviously they've found a way to beat the system and cover everything but it makes me wonder how much they've lost in previous weeks though.

It's a pool bet, not fixed odds.

If it costs £35,000 and you can win £1,000,000 you might as well cover as many outcomes as you can.

2nd time they've done the bet

Well I just tried to work out the odds and came up with 10/1 for this line, including Brighton not winning. So if they are the only winner then a good bet?

my point exactly biscuit; just you put it in English instead of my gobbledygook

Certainly got lucky with the Spurs pick

https://twitter.com/Coral/status/394858345816801280/photo/1

You could do this bet, at £1 a line for next week for £1200. Don't reckon you'd be too far away.

02/11 15:00pm Fulham v Man Utd (draw/away)
02/11 15:00pm Hull v Sunderland (home/draw)
02/11 15:00pm Man City v Norwich (home/draw)
02/11 15:00pm Stoke v Southampton (all three outcomes)
02/11 15:00pm West Brom v Crystal Palace (home/draw)
02/11 15:00pm West Ham v Aston Villa (all three outcomes)
02/11 15:00pm Blackburn v Middlesbrough (home/draw)
02/11 15:00pm Bournemouth v Bolton (all three outcomes)
02/11 15:00pm QPR v Derby (all three outcomes)
02/11 15:00pm Sheff Weds v Reading (all three outcomes)
02/11 17:30pm Arsenal v Liverpool (all three outcomes)
03/11 12:30pm Motherwell v Hibs (all three outcomes)
03/11 13:30pm Everton v Tottenham (home/draw)
03/11 16:00pm Cardiff v Swansea (all three outcomes)
04/11 19:45pm Aberdeen v Partick (all three outcomes)

weighed in

I'd definitely add in a Spurs win if you were giving yourself that many options!

He got lucky with Utd too.

mary - by my reckoning, that bet would cost more than £1.25m!

It wouldn't ffs wdidn, I've got it up on the screen now its £1200

What they did

7 x any outcomes
4 x two outcomes covered
4 x one outcome covered costs £34,992 from a £1 a line steak

is it true that Zeljko Ranogajec is involved with Colossus bets?

this isn't luck

the guy is a pro punter and plays by the numbers

Sounds easy when you put it like that Mary.

shirley the catch is a million if one winner.

mary - in the bet you've suggested, you've got:

9 x any outcomes
6 x two outcomes covered
0 x one outcome covered

Surely that would be considerably more than £34,992 from a £1 a line steak?

Yeah of course d13. But you know what we are saying about those 2 games.

marychain - the bet you posted looks a lot easier to win than this weeks one that did win. Why is yours only £1200 and yet his cost 34k. You must've gone wrong somewhere

Actually - sorry wdidn, you're right, I had missed a few off

im just amazed that coral allowed a £35k outlay on it

doing a bit of due dilligence online shows that collossus are looking to get in bed with a few bookies so not probably a publicity stunt

your average punter would not get £35k online without Coral looking into it - No way

CCM is right, by the way: I'd want to cover Tottenham winning at Everton!

Think Mary's bet would cost 157.464 to put on covering those outcomes. And u don't get to choose the teams, corals do.

lets have a naked group hug for the winner on the roof of bhoys bedsit

Isn't that the flaw, betting on all 3 outcomes with no penalty - so you can choose the teams to an extent - the highest odds they had on the winning line were Brighton not to win tonight.

Looks a lot tougher this week. I can only find two bankers, and one of those is United at Fulham

Corals were offering the first single winner of the 15-fold a Million (consolations have been being offered for 13 and 14 correct)

this was a pretty attractive balloon for Colossus to prick, by all accounts they've failed to attract their main target of the 100,000+ players of the Sky Sports Super 6 (their jackpot is for predicting correct scores, not money lines)

their product is still super **** mind. Still got something to keep the fire going when they've got only 1000 people playing their main pool every week

what is wrong with their product out of interest?

looks pretty good to me

only just come across it

so basically, when you strip it down, a pro had a hefty five figure bet at better than true value and it won?

was it magician behind colossus, btw? remember a regular posting on here about it, can't dredge up who it was.

https://www.colossusbets.com/proprietary/news/WINDOW.pdf

Here's my RAF Code which gets you 3 free goes at the £10,000,000 main pool. RAFMRR4NW7

Before anyone kicks off: Colossus Bets offers a ground-breaking Refer a Friend (RAF) scheme that gives you a cash-back of 5% of amounts bet by your friends and 2% of both amounts they cash-in and amounts they win, for a period of 12 months from the date of their registration with Colossus Bets.

I think its great. Only Arsenal let me down (drew at West Brom) for the consolation pool of the Colossus a couple of weeks ago. Twice I've got two scorelines spot on on a pick-3 but got one wrong. I also got let down by Porto (lost to Zenit) on the Champions League HDA6 last week when all my other results were right.

Yep. Big bettor had 35000 at 28/1. Thats the bottom line. Wouldnt take that on a horse bet!! Coral take their 30% of every bet. They cant lose.

Coral lost this week, prob about 300k, win it next week prob collect 80k

siralex 28 Oct 13 23:31
Yep. Big bettor had 35000 at 28/1. Thats the bottom line. Wouldnt take that on a horse bet!! Coral take their 30% of every bet. They cant lose.

It isn't a fixed odds bet, its a pool bet, and the pool wouldn't have been £1million but that's what they are paying out, so they don't take 30% of this one.

colossus seemingly part owned by spoylesports, VC and 32R according to that pdf bumpf? how much of the million's actually going to just be a tiny blip on their revenue?

Didn't know it is a pool bet.
Thought that only the old tote could operate a pool bet.
Blimey.
Shares to rocket in traditional bookies if they can do that.

I'm 99% certain The Magician is the brains behind the perm - well done mate -now I know what you were talking about when we met in Bishopgate a couple of years ago!

Clever bit of thinking to get huge PR by scooping a competitor's bonus offer - Coral will be sick.

what is this? can someone explain the original bet in a simple terminology?

how come when i try to have a bet on an even money shot with them, they let me have 25 quid maximum. yet some johnny gets 35k worth of bets on to win a million?

Don't think they won it all yesterday - was massive hedging/backing of Brighton to win pre-kick off which compressed their price right down.

They took a win, but lost some of the green I reckon.

Henok - it's a mugs bet, a bit like the football equivalent of the lottery.

Corals pick 15 games each weekend and you have to predict the results, I.e home win, away win or draw. U can cover more than 1 possibility on each game if u wish but obviously instead of £1 the cost goes up. Bit like the big hitters on the scoop 6. It would cost £14 million to cover all outcomes.
If u see the idiots on corals twitters feed u would understand why it is a mugs bet. A load of them thought u could guarantee winning the million by picking all the possible outcomes. seriously.

It is a pool bet. Coral take 30% of every bet. If u get 13 or 14 right u get a consolation prize. This is 10 or 20% of the pool I believe.
The winner last night staked 34995 lines to cover the correct 15 outcomes. This meant it was basically a £35000 bet on a 28/1 shot. Try putting that on a horse and seeing how much u get on with them.

it's a mugs bet

-------

..unless they fck up and put too many favourites that are too short in, in which case it can become a value bet. which I'm assuming is what happened here, or colossus wouldn't have got involved.

someone's probably being fired as we speak.

Yep, fair comment but again unless u have a small fortune to put on its a mugs bet. I know loads of people who do it in my local corals. He same people who play on the fobt's and bet on every race or do 15 team footy accumulators already.

Oct 28, 2013 -- 10:54PM, marychain1 wrote:

You could do this bet, at £1 a line for next week for £1200. Don't reckon you'd be too far away.02/11 15:00pm Fulham v Man Utd (draw/away)02/11 15:00pm Hull v Sunderland (home/draw)02/11 15:00pm Man City v Norwich (home/draw)02/11 15:00pm Stoke v Southampton (all three outcomes)02/11 15:00pm West Brom v Crystal Palace (home/draw)02/11 15:00pm West Ham v Aston Villa (all three outcomes)02/11 15:00pm Blackburn v Middlesbrough (home/draw)02/11 15:00pm Bournemouth v Bolton (all three outcomes)02/11 15:00pm QPR v Derby (all three outcomes)02/11 15:00pm Sheff Weds v Reading (all three outcomes)02/11 17:30pm Arsenal v Liverpool (all three outcomes)03/11 12:30pm Motherwell v Hibs (all three outcomes)03/11 13:30pm Everton v Tottenham (home/draw)03/11 16:00pm Cardiff v Swansea (all three outcomes)04/11 19:45pm Aberdeen v Partick (all three outcomes)

Am I missing something, or doesn't this cost £1,200,000+ not £1,200.

Was only the second time Colossus had a good crack at this too. The 4 'bankers' they had in it were Celtic, Liverpool, Man Utd and Arsenal so I think Coral boobed a bit there.

As a professional gambling company rather than an individual punter, and having as far as I can tell promoted the win as being by the company rather than any individual, would Colussus have to pay some sort of tax on their £1m?

Oct 29, 2013 -- 4:00PM, the silverback wrote:

As a professional gambling company rather than an individual punter, and having as far as I can tell promoted the win as being by the company rather than any individual, would Colussus have to pay some sort of tax on their £1m?

No. It was an individual within the company who placed the bet, with a personal account with Coral.

why does tursunov look so old

mugging it first game

I AM TURSUNOV I LOVE MY SISTER TURNIP

wrong thread stretford, try dawaj

Right, so Colussus Bets didn't actually take Corals for **** all.

lmfao haha thanks ar

Some BS on the Colossus website, suggesting they weren't able to cash out part of the bet on last night's match.

yeah, silverback - it's really a weird inversion of the usual story, actually.

normally, some small time guesser strikes it lucky on a mug bet, and the firm publicise it for all it's worth as advertising. in this case a very shrewd individual pro has a large winning value bet, then publicises it as if they were a firm, as advertising for the competing firm they part own.

of course, the value was dependent on no one else doing the same calculations they did and acting on the discrepancy between the implied odds of the perm and the real world chance of their selections.

The price moves in Asia in the couple of hours pre-off were certainly indicative of two different parties backing differing teams in very large size. Swung almost 20 points one way and then even further back the other. Don't think there was any key team news which would have caused it.

seems odd hedging when £17 k extra on bet would have covered the home win on last match

^^^^^ yeah but that's adding another 50% onto a steak that's already £35,000 AND relies upon all the other legs coming in

yeah of course, but cheaper in long run, if  they were hedging

Well done colossus bets for taking the million congrats.

Was a great game of football and Coral were great sports, and we only just snuck in there on a few games.

shows that people still love the big pools...

good on colossus!!

was it you personally magician? if so congratulations on a good spot.

See Colossus doing 20p bets now to win £200k now cant even buy a cup of tea for that must be worth a shot surely!!!

See Colossus doing 20p bets now to win £200k now cant even buy a cup of tea for that must be worth a shot surely!!!

someone needs to tell our local drug addict as he is always asking for 20p for a cup of tea

very amusing tofee87!!

Strange way for Colossus staff to advertise they product.

To me,it seems a great advert for the Coral bet.

The most anyone has ever won on Colossus is less than £20k.

My experience of Colossus is being bombarded by texts offering
"cash-in" at a huge discount to true value.

You pay £2 for something worth £1.40 and then they try to get you
to sell it for the equivilant of about £1.10.

Strange way for Colossus staff to advertise they product.

To me,it seems a great advert for the Coral bet.

The most anyone has ever won on Colossus is less than £20k.

My experience of Colossus is being bombarded by texts offering
"cash-in" at a huge discount to true value.

You pay £2 for something worth £1.40 and then they try to get you
to sell it for the equivilant of about £1.10.

Yes JML your right i might have a pop at corals after seeing a lad win £100k for a £1 the true odds were only about 300,000/1 although the do pay out booby prizes ie £30 odd quid for predicting 13/15 so there 66% dedution on his winning bet does seem fair doesnt it?

I thought he won a million.

Over 3 times true value.

That was the week before last week jackpot reduced it too 100k as it was won by colossus as they were the 1st winners corals no longer gting a million now so terrible value the bet is

has the bet stopped?

corals hasnt stopped still going, this weekend the jackpot pool should reach 260k

good luck colossusbets this weekend if your playing