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New coupon in shops "Weekend Millionaire"
20 matches £2stake--- £1million for 20 correct with much smaller returns for first 5,10,15. Same returns if you pick 20 favs or 20 outsiders.
If they take 10 bets/shop and only 1% of their customers realise that backing 20 favs. is obviously the best play they wouild face a payout of over £120m.
20 bets and 2% and the payout is half a billion.
I have no idea what % would make the obvious play,but neither do B*tfred.
It may be a 1.5million/1 chance but I can't see how it's worth the risk.
20 matches £2stake--- £1million for 20 correct with much smaller returns for first 5,10,15. Same returns if you pick 20 favs or 20 outsiders.
If they take 10 bets/shop and only 1% of their customers realise that backing 20 favs. is obviously the best play they wouild face a payout of over £120m.
20 bets and 2% and the payout is half a billion.
I have no idea what % would make the obvious play,but neither do B*tfred.
It may be a 1.5million/1 chance but I can't see how it's worth the risk.
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no
Ladbrokes had a similar coupon 10 years ago. Theyre tricky matches not 1/10 shots. True odds will be about 10million:1
Ladbrokes had a similar coupon 10 years ago. Theyre tricky matches not 1/10 shots. True odds will be about 10million:1
I've already said that the true odds this week was
1.5million:1.
But the true odds are irrelevant to the point that without knowing how many people will back all 20 favourites they are potentially gambling with the whole company.
This is a post from last year about the C*rals Jackpot bet
tobermory • August 15, 2013 12:31 AM BST
If you want to win the million then better not pick the 15 shortest prices on the coupon, as thats what 85% of punters will do .
Obviously tobermory knew 85% was an exaggeration but it does
suggest that B*tfred's liability could be much more than the
value of the company.
1.5million:1.
But the true odds are irrelevant to the point that without knowing how many people will back all 20 favourites they are potentially gambling with the whole company.
This is a post from last year about the C*rals Jackpot bet
tobermory • August 15, 2013 12:31 AM BST
If you want to win the million then better not pick the 15 shortest prices on the coupon, as thats what 85% of punters will do .
Obviously tobermory knew 85% was an exaggeration but it does
suggest that B*tfred's liability could be much more than the
value of the company.
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