Let's All Laugh At... Let's all laugh at Liverpool thread

[coys200]

Anyone possibly explain how Liverpool are 5/1 and we are 16/1

To win title next season, completely baffling.

 

[Lilbaz]

Anyone possibly explain how Liverpool are 5/1 and we are 16/1

To win title next season, completely baffling.

Because more liverpool fans are putting money on them winning the league than spurs fans betting on spurs.

 

['O Zio]

Anyone possibly explain how Liverpool are 5/1 and we are 16/1

To win title next season, completely baffling.

As @Lilbaz alludes to above, the odds at the bookie aren't a true reflection of the probability of something happening, they're manipulated to ensure to bookie makes money regardless of the outcome.

If lots of Liverpool fans are putting money on them to win the league (which is likely because they're all deluded), the bookies offer longer odds on another team i.e. us in this case, to encourage more people to bet on them as well. That way if Liverpool do end up winning the league, the bookie has covered the cost of paying out all the Liverpool fans with the money they've made off the people who bet on Spurs, Chelsea, Utd etc. So in simple terms, if they're currently looking at having to pay out e.g. 1 million quid if Liverpool win the league, they need to make sure that they've had bets totaling at least 1 million quid on the other teams in the league, otherwise if Liverpool win then the bookie would make a huge loss on the title winner market.

 

[nailsy]

Anyone possibly explain how Liverpool are 5/1 and we are 16/1

To win title next season, completely baffling.

Don't worry I've just put £10K on us to win it next season. That should bring the odds down and teach those scouse mugs a lesson

 

[coys200]

As @Lilbaz alludes to above, the odds at the bookie aren't a true reflection of the probability of something happening, they're manipulated to ensure to bookie makes money regardless of the outcome.

If lots of Liverpool fans are putting money on them to win the league (which is likely because they're all deluded), the bookies offer longer odds on another team i.e. us in this case, to encourage more people to bet on them as well. That way if Liverpool do end up winning the league, the bookie has covered the cost of paying out all the Liverpool fans with the money they've made off the people who bet on Spurs, Chelsea, Utd etc. So in simple terms, if they're currently looking at having to pay out e.g. 1 million quid if Liverpool win the league, they need to make sure that they've had bets totaling at least 1 million quid on the other teams in the league, otherwise if Liverpool win then the bookie would make a huge loss on the title winner market.

Tbh I don’t actually think it’s Liverpool supporters. A lot comes from the Asian markets who still think Dalglish is playing for them. Liverpool are always under priced on betfair have been for last 20 years.

 

[BehindEnemyLines]

Because more liverpool fans are putting money on them winning the league than spurs fans betting on spurs.

Imagine just how many 10p bets that has taken!!!!

 

[Lilbaz]

Tbh I don’t actually think it’s Liverpool supporters. A lot comes from the Asian markets who still think Dalglish is playing for them. Liverpool are always under priced on betfair have been for last 20 years.

Would asians use british bookies to make their bets when they have their own?

 

['O Zio]

Tbh I don’t actually think it’s Liverpool supporters. A lot comes from the Asian markets who still think Dalglish is playing for them. Liverpool are always under priced on betfair have been for last 20 years.

Who it actually is that's betting is completely irrelevant to the point I was making. I was just answering the question as to why our odds were so long in relation to Liverpool's. Whether it's Asians, Africans,, Americans, or people who live on Anfield Road who are placing bets on Liverpool doesn't matter. The point still stands that bookies' odds are not a fair reflection of probability because they manipulate them to encourage/discourage bets one way or another to offset their payouts.

 

[mano-obe]

Right. No more salad puns. That's Shallot.

FFS man that was the tip of the iceberg

 

[sebo_sek]

Sorry in pub. Just want a perfect world where the prem has the best players in the world and we are the best team. Fuck the rest of europe.

That was unkind. A hint of xenophobia I smell there.

 

[Trix]

Would asians use british bookies to make their bets when they have their own?

No but bookies don't just react to what is happening in their own outlets and websites. If William hill start taking money for a horse and cut their odds, expect Ladbokes to follow suit pretty quickly.

 

[Lilbaz]

No but bookies don't just react to what is happening in their own outlets and websites. If William hill start taking money for a horse and cut their odds, expect Ladbokes to follow suit pretty quickly.

Only because they are in direct competition. The odds for a horse in a small bookies in viet nam would have little bearing on what ladbrokes odds are.

 

[Flynn]

Friend of mine was a supervisor at Stan James call Center before it moved to Gibraltar.

If they took a bet of say £50k on a horse. He had to make lay off bets elsewhere. So he might make £30k worth of bets at Ladbroke and William hill.

Big money at one bookie pulls odds down elsewhere.

 

[Jgplk1]

Only because they are in direct competition. The odds for a horse in a small bookies in viet nam would have little bearing on what ladbrokes odds are.

You don't really get bookies here. Most countries that have casinos don't even let locals in, only people with foreign passports. They do have small sports betting shops but it's more like doing the lottery or an accumulator.

If people want to gamble they have to do it online, so if they were betting on UK sports, they may end up going to a UK online betting site.

 

[Lilbaz]

You don't really get bookies here. Most countries that have casinos don't even let locals in, only people with foreign passports. They do have small sports betting shops but it's more like doing the lottery or an accumulator.

If people want to gamble they have to do it online, so if they were betting on UK sports, they may end up going to a UK online betting site.

I take it you live there so will know a lot more, i have only travelled through se asia (a few times) but i did find quite a few places where gambling was available. Some were probably illegal but quite open.

 

[Jgplk1]

I take it you live there so will know a lot more, i have only travelled through se asia (a few times) but i did find quite a few places where gambling was available. Some were probably illegal but quite open.

Yeah been here 12 years. All over SE Asia. There are small shops where you can do what they call sports betting but they're nothing like a bookies back home. You can get places where they have poker or card nights but even playing Majhong for money is illegal.

 

[spursfan77]

Papers have klopp’s agent talking up a move to Bayern Munich for him. The meltdown would be one to watch!

 

[mark87]

Papers have klopp’s agent talking up a move to Bayern Munich for him. The meltdown would be one to watch!

But...but...but..why would he go to a worse club?

 

[gilzeantheking]

The BBC reporting that no British Refs will officiate at this coming World Cup

http://www.bbc.co.uk/sport/football/43110905

This Gem is in the comments on the article


202. Posted byFirst Aid Kit

Yesssssss!

This is payback for all the Ropey decisions against Liverpool over time including especially last & this season.

No wonder FIFA won't use our Refs look at Pawson - his diabolical display at ManUre - Old Trafford vs Us Liverpool. Jon Moss Spurs game at Anfield vs Us Liverpool.

At least FIFA although a corrupt system can see the awful refereeing especially in favour of ManUre.

 

[mark87]

Fucking christ, they genuinely think the world revolves around them.