The Bookies very seldom get it wrong

Derry Bhoy

Well-known member
Huns are 1/ 4 to win the league Celtic are 3/1 The Bookies very seldom get it wrong. For all the Neil Lennon fans you can get stuck on Celtic at 3/1 this is the biggest price Celtic have ever been to win the league in the last 15 years.
 

Niall J

Well-known member
Huns are 1/ 4 to win the league Celtic are 3/1 The Bookies very seldom get it wrong. For all the Neil Lennon fans you can get stuck on Celtic at 3/1 this is the biggest price Celtic have ever been to win the league in the last 15 years.
Bookies spend a fortune on odds compilers to set the original prices - on stats- after that its almost entirely based on liabilities. Punters follow form or gut. Over the course of a book running (this one is 9 months) the narrative will change.
The bookies ensure by the end, however slight they simply make a profit. They run thousands of 'books' every day. they just make sure they are on the right side of it in as many of those books as possible. They get it wrong all the time, particualrly on short term books, as in 1 game or 1 race. Over the course of longer bets they will rarely lose as they able to offset potential losses many times over as punters pile in on both sides. They don't know, they don't have to. Celtic are a big price based on the form of course, but predominately because the huns have been piling on.
 

boab1916

Well-known member
Bookies spend a fortune on odds compilers to set the original prices - on stats- after that its almost entirely based on liabilities. Punters follow form or gut. Over the course of a book running (this one is 9 months) the narrative will change.
The bookies ensure by the end, however slight they simply make a profit. They run thousands of 'books' every day. they just make sure they are on the right side of it in as many of those books as possible. They get it wrong all the time, particualrly on short term books, as in 1 game or 1 race. Over the course of longer bets they will rarely lose as they able to offset potential losses many times over as punters pile in on both sides. They don't know, they don't have to. Celtic are a big price based on the form of course, but predominately because the huns have been piling on.
Ask the bookie what are the odds on none of the huns getting covid, probably not give you a price. William Hill sponsors, Betfred sponsors, Ladbrokes chucked it.

Paddy Power will give you a bet on that

 
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