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You are currently reading a thread in /sp/ - Sports
You are currently reading a thread in /sp/ - Sports
LGTSS
>British """"""""oddsmakers""""""""
>tfw no cheeky bet at 5000/1
>>67306754
How many bets per league are you allowed to make? Could you put a cheeky 50p on the lower ten teams?
pretty sure their losses are offset by all the bets that were placed on the usual suspects
>>67308836
yes
Can oddsmakers bet on the odds they make?
>>67306746
i wish i was a time traveler to put 20 dollars on leicaster, i would be knee deep in pussy right now lads
Realistically, how much money did the bookies lose by Lester winning the title?
>>67308907
I'd play the stock market to make billions tbhq.
>>67308974
>For the few punters bold enough to put cash on the season’s “joke bet”, the result means winnings of up to £100,000 each, though the nation’s bookmakers will be less than jubilant: between them they will be paying out £25 million, the biggest loss in British history on a single sporting market.
http://www.telegraph.co.uk/news/2016/05/02/leicester-city-win-premier-league-and-cost-bookies-biggest-ever/
>>67308974
A fuckton.
However they are going to make massive profits next year when retards jump on every shit team hoping to hit huge odds
>>67309018
But don't they get so much more money from those people who bet on the perennial favorites and didn't win? Instead of paying out thousands of hundred dollar/pound winnings they are paying out a few hundred (if that) hundred of thousand dollar/pound winnings
>>67309091
yeah, but i guess bookies need to create the illusion that they don't always win
>>67309018
>>67309054
Interesting. So basically it's like an idiot taking a lucky pot off a poker pro and then proceeding to lose it all back.
> Bet365 right now
Bookmakers on suicide watch
The odds were correct, though good riddance, 2 types of Jewish scum rekt by the mighty Foxes from Lie-chester
>>67309018
So the Bookies got BTFO? Did /bet/ win?
>>67308889
no but they'll definitely be offset by all the faggots who bet on middlesbrough or some shit next season
>>67309766
/bet/ aren't shrewd enough, one American put a cheeky tenner on Leicester when they were reduced to 66/1 tho
>>67309054
>implying the bookies won't get BTFO again by Burnley next year
>>67309775
>no
how do you know?
>>67308907
>builds a time machine, has access to time travelling technology, or has supernatural powers
>only putting 20 on it
>>67309839
sorry I forgot to mention my dad works for nintendo
>>67309858
Put too big a bet on it you get people asking questions
>bookies lose a few quid on Leicester but make much, much more money on people backing city, arsenal etc
>put out spin in the media about how terrible its been for them
>people put more meme bets on
Why do people still fall for this?
they dont like it up em
>>67309018
>>67309054
>>67309091
>>67309559
'loss'
They still got a net profit overall
remember, bookies NEVER lose
sure, 25 mil is a lot, but people bet much more than that on other title candidates
