Chris12345
LADdam Hussein
- Jan 15, 2005
- 11,908
- 31
:lol:
Redknapp on his way ?????????
- Thread starter tototoner
- Start date
:lol:
StartingPrice
Chief Sardonicus Hyperlip
- Feb 13, 2004
- 32,568
- 10,280
Being explained on SSN now - couple of hundred quid put on it at 66-1 so the bookies cut the odds, and the whole process begot itself (mostly in tenners and twenties), meaning the bookies cutit more - but apparently absolute BS, and 'Arry has rubbished it.:bs:
"It's a TRIFFIC club", he said:rofl:
"It's a TRIFFIC club", he said:rofl:
Spurs_Bear
Well-Known Member
- Jan 7, 2009
- 17,094
- 22,286
But I guess maybe like a domino effect? One bookie reduces odds slightly, another sees it and does the same, then reduces again and before you know it's all snowballed.
robin09
Well-Known Member
- Jun 4, 2005
- 6,800
- 7,697
Thats what I'm thinking. For every couple of hundred put on Harry, there must be a bag of sand being bet on Brown.
WhiteStripe
Get out of my club you cretin!
- Aug 23, 2006
- 14,215
- 4,998
But £200 on a manager sitting 4th in the table, flying high at 66-1 is pretty wierd. Would be easy to start snowballing from there.
StartingPrice
Chief Sardonicus Hyperlip
- Feb 13, 2004
- 32,568
- 10,280
Apparently not, Nic.
It is all about the amount the bookies are liable for - it is how they work.
Say they did have a couple of hundred at 66 - 1. that means that if it were to happen they would be liable for £13,020 plus the stake fee (£200).
That is more than enough to get them to cut their odds - on the basis that there may really be something in it and someone in the know (there is always someone ITK) comes in and plonks, say, £2000 on, again at 66 - 1.
Once the process starts, people see that they odds have gone in considerably, and conclude that someone knows something. If 100 people do this at £20 each, you have your £2000, and even if the bookies have halfed their odds to 33-1 that is still £65,000 odds, plus the original £13,020.
See how it works.
Every time there is a little rush, the bookies cut the odds, which folk will see and reach their own conclusions, and hey presto, you have an Evens joint favourite for the sack.
fazza
Well-Known Member
- May 5, 2004
- 17,285
- 490
Maybe Sandra want's him around the house more :shrug:
The Apprentice
Charles Big Potatoes
- Mar 10, 2005
- 11,147
- 15,648
Apparently Harry has been caught with his camera phone out at Little Ted's nursery in Exeter.
markiespurs
SC Supporter
- Jul 9, 2008
- 11,899
- 15,576
No, that was Wenger.
Krafty
Well-Known Member
- May 26, 2004
- 4,797
- 2,139
Levy, you genius!!!
I take you back to October 2008. All the punters betting on the ups and downs of the stock market bet that VW's shares will go down, like all the car manufacturers as we were in the midst of a recession. Porsche takes these bets, knowing that they are actually buying up VW shares and keeping the price high. They use the money from winning the bets to buy more and more shares, and eventually buy VW without having spent even half of their own money.
Levy has obviously started the rumour, taken bets from other punters, knowing that Harry wont get sacked. This money will then be used to fund our new stadium, we will be debt free with a spanking new table and Harry leading us to glory!!!
Or its a case of the betting an indicator of precisely sod all. Like when England are joint favourites for the world cup, because a lot of people put the odd ten quid on them to win and so they have to shorten the odds to spread their liability.
I take you back to October 2008. All the punters betting on the ups and downs of the stock market bet that VW's shares will go down, like all the car manufacturers as we were in the midst of a recession. Porsche takes these bets, knowing that they are actually buying up VW shares and keeping the price high. They use the money from winning the bets to buy more and more shares, and eventually buy VW without having spent even half of their own money.
Levy has obviously started the rumour, taken bets from other punters, knowing that Harry wont get sacked. This money will then be used to fund our new stadium, we will be debt free with a spanking new table and Harry leading us to glory!!!
Or its a case of the betting an indicator of precisely sod all. Like when England are joint favourites for the world cup, because a lot of people put the odd ten quid on them to win and so they have to shorten the odds to spread their liability.
Adam456
Well-Known Member
- Jul 1, 2005
- 4,459
- 3,127
You also have to bear in mind that bookies hedge when they get massive exposure like that (£13,200). That bookie will likely have gone and put a big bet on it somewhere else just in case and the snowball starts rolling
Kendall
Well-Known Member
- Feb 8, 2007
- 38,502
- 11,933
If Harry actually said that I'd die a happy man.
Tickers
Marquee Signing
- Feb 16, 2005
- 3,646
- 21
Not at all. It takes very, very little money at 66/1 to alter the odds significantly. It's all about liabilities and balancing the books. Doesn't take a lot of money at that price to rack up five-figure liabilities that will see any bookie running for cover.
Then you get people blindly following the initial money with ten and twenty-quid bets at 33s and 28s and before you know it you've got an 11/10 shot.
milkman
Banned
- Oct 3, 2005
- 12,150
- 3
Redknapp has just confirmed on SSN that he ain't leaving:
http://www.skysports.com/story/0,19528,11675_5601432,00.html
http://www.skysports.com/story/0,19528,11675_5601432,00.html
SpunkyBackpack
Well-Known Member
- Dec 8, 2005
- 7,831
- 9,372
I haven't had the internet for a week, havent been on here for 2 and the day i pop my head around the door i find this
I love this site
....or hate it
I cant decide
I love this site
....or hate it
I cant decide
spursandbarca
Well-Known Member
- Jul 18, 2008
- 3,972
- 446
as long as he has done nothing dodgy at spurs and it doesnt effect us with points deductions etc. dont think he has anything to do with transfer dealings at spurs anyway.
fortworthspur
Well-Known Member
- Nov 12, 2007
- 11,248
- 17,550
well, its October and its Spurs, so it makes sense.
