General Betting
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how do bookies come up with initial odds on football matches.
like for example could someone price up Arsenal v Man U say on current form.
and further say united went 1 up after 16 mins how much of a change would there be in the odds?
like for example could someone price up Arsenal v Man U say on current form.
and further say united went 1 up after 16 mins how much of a change would there be in the odds?
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oh ya cheers in advance as well
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punters make the market.
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The bookies ring the managers of both teams and ask them to express the chance of the home team as a percentage. These figures are summed then divided by the cube root of eight to give a percentage which is then divided into a hundred to get the decimal price. Finally, the previous answer is reduced by one and the overround discount is applied to give the price published in the Racing Post.
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If teams considered equal than its more or less 6/5 home 11/4 away and just work from there depending what you think is the difference between them
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Sounds good to me Gallivanter.
You should be on TV methinks as an " expert ". |
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cheers tobermory
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