Originally posted by Benjy23
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Non Runner No Bet (post #1 for updates)
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Originally posted by Fouroverthrutwo View Post
Related yes but the same bet - no. Why do they offer 'win today and the festival' because these are also clearly related as the outcome of the latter event is reliant on the first event and the odds of the latter outcome will be strongly influenced by the outcome of the former?
The price on backing a horse to win today in a double with the ante post bet would return far more than the price in the win today and festival market.
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Originally posted by FinalFurlong91 View Post
That's exactly why they do the win today and festival markets
The price on backing a horse to win today in a double with the ante post bet would return far more than the price in the win today and festival market.
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Originally posted by Fouroverthrutwo View Post
I just think it's poor that they actively promote and offer a related bet such as this but when they have to pay out a lump on a related bet they say they shouldn't have accepted the bet. Double standards to me.
They will have had bets like Argentina to win and Messi player of the tournament which wouldn't have been remotely close to the price of the two bets doubled up as one happening significantly shortens the likelihood of the other
had thar punter attempted to place that treble online or on a terminal it wouldn't offer a price for the treble
the issue is that the bookies don't train their staff about this stuff and that some punters simply don't understand why they can't roll up this type of bet
I worked in a bookies and had to explain this to customers, they all looked at me like I was talking klingon or elvish
most of the people I worked with didn't have a clue about betting, our elearning modules were on fire safety and health and safety not on betting knowledge.
the amount of customers who would come in to speak to me as they'd been shafted on their bet returns in another shop by a clueless idiot was actually remarkable. I'd have to ring up the shop and explain what they'd done wrong and get them to change it.
you work with some of these people and immediately realise why slow counters and other fraudsters make so much money. A significant percentage of betting shop workers are a few slices short of a loaf.
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I showed that story to someone who doesn't understand betting today and they went "that guy is a moron, no way that would be taken like that".
But then people are stupid. I've never verified it but it was told on a podcast by Rory Delargy so it must be true - of a bettor who believed they'd won a million on a tricast bet on the derby. The firm said they didn't actually offer than bet on non handicaps but offered him a 6 figure settlement.
Guy declined, took them to court where.... it turned out he was 16 years old
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Originally posted by FinalFurlong91 View Post
It's not the same as the win today and festival bets take into account the related part and offer a shorter price
They will have had bets like Argentina to win and Messi player of the tournament which wouldn't have been remotely close to the price of the two bets doubled up as one happening significantly shortens the likelihood of the other
had thar punter attempted to place that treble online or on a terminal it wouldn't offer a price for the treble
the issue is that the bookies don't train their staff about this stuff and that some punters simply don't understand why they can't roll up this type of bet
I worked in a bookies and had to explain this to customers, they all looked at me like I was talking klingon or elvish
most of the people I worked with didn't have a clue about betting, our elearning modules were on fire safety and health and safety not on betting knowledge.
the amount of customers who would come in to speak to me as they'd been shafted on their bet returns in another shop by a clueless idiot was actually remarkable. I'd have to ring up the shop and explain what they'd done wrong and get them to change it.
you work with some of these people and immediately realise why slow counters and other fraudsters make so much money. A significant percentage of betting shop workers are a few slices short of a loaf.
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Originally posted by robith View PostI showed that story to someone who doesn't understand betting today and they went "that guy is a moron, no way that would be taken like that".
But then people are stupid. I've never verified it but it was told on a podcast by Rory Delargy so it must be true - of a bettor who believed they'd won a million on a tricast bet on the derby. The firm said they didn't actually offer than bet on non handicaps but offered him a 6 figure settlement.
Guy declined, took them to court where.... it turned out he was 16 years oldLast edited by Middle_Of_March; 10 January 2023, 02:35 AM.
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Originally posted by Middle_Of_March View Post
I work in a bookies and was staggered a couple of months back to see a bloke had been backing a team on the NFL spread and the total points in the match over the counter but it was being translated as a double for months. And he was doing this for at least one game a week. So he was getting 10/11 and 10/11 but getting it as a double rather than the points and spread market itself. Obviously the difference in returns is often a fair whack as one outcome affects the other. Eg a low scoring defensively strong team covering the spread would make the unders more likely and so would be a shorter price. The punter was probably aware how fortunate he was getting until I picked up on it and ruined his fun.
If the game is low scoring, surely that impacts how likely the spread is to be covered.
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Originally posted by Middle_Of_March View Post
I work in a bookies and was staggered a couple of months back to see a bloke had been backing a team on the NFL spread and the total points in the match over the counter but it was being translated as a double for months. And he was doing this for at least one game a week. So he was getting 10/11 and 10/11 but getting it as a double rather than the points and spread market itself. Obviously the difference in returns is often a fair whack as one outcome affects the other. Eg a low scoring defensively strong team covering the spread would make the unders more likely and so would be a shorter price. The punter was probably aware how fortunate he was getting until I picked up on it and ruined his fun.
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