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Bookies Odds

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kenbarr Flag Jackson Heights, Queens, New York ... 25 Jul 18 12.52pm Send a Private Message to kenbarr Holmesdale Online Elite Member Add kenbarr as a friend

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So it seems Palace are eighth favourite to go down at either 5 or 6/1. sucker bet, ain't happening.

You can get 750/1 on Palace winning the league. Not high enough for me. I don't go for less than double that.

Or you can get between 50 to 100/1 on Palace finishing in the top 4. What would be the odds on an each way top 4/champions? If the odds are tasty, I might just have a long distance flutter.

 


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Darkish Flag Croydon 25 Jul 18 1.35pm Send a Private Message to Darkish Add Darkish as a friend

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The spread firms have them scoring 43.5 - 45 points which is 11th in the league

 

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YT Flag Oxford 25 Jul 18 1.37pm Send a Private Message to YT Add YT as a friend

Originally posted by kenbarr

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So it seems Palace are eighth favourite to go down at either 5 or 6/1. sucker bet, ain't happening.

You can get 750/1 on Palace winning the league. Not high enough for me. I don't go for less than double that.

Or you can get between 50 to 100/1 on Palace finishing in the top 4. What would be the odds on an each way top 4/champions? If the odds are tasty, I might just have a long distance flutter.

If you are that certain, then place a ‘lay’ bet on a betting exchange such as Betfair or Smarkets. Easy money!

 


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ex hibitionist Flag Hastings 25 Jul 18 1.51pm Send a Private Message to ex hibitionist Add ex hibitionist as a friend

I posted a few weeks ago that we were 9/4 for a top ten finish - which I thought was massive (as we were 50/50) in my estimation - but the way the transfers are going it seems the bookies had a better idea of our financial situation - shouldn't be surprised really. But if we manage to get two decent midfielders and Antonio in then I will be remortgaging my flat and investing in that big fat 9/4.

 

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Rudi Hedman Flag Caterham 25 Jul 18 2.00pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by ex hibitionist

I posted a few weeks ago that we were 9/4 for a top ten finish - which I thought was massive (as we were 50/50) in my estimation - but the way the transfers are going it seems the bookies had a better idea of our financial situation - shouldn't be surprised really. But if we manage to get two decent midfielders and Antonio in then I will be remortgaging my flat and investing in that big fat 9/4.

The bookies give us a 30% chance of top ten then and not evens 1/1 (50%).

1 / 3.25 = 30%

3.25 is the decimal odds of 9/4. Nobody tell me it’s 2.25 because it isn’t. It might be 2.25/1 but 3.25 IS THE DECIMAL ODDS.

 


COYP

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premier fan Flag BR4 25 Jul 18 2.01pm Send a Private Message to premier fan Add premier fan as a friend

All we need is for Zaha to stay, Benteke to find form and RLC to sign on loan again and we have the ability to finish top half.

Edited by premier fan (25 Jul 2018 2.02pm)

 

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kenbarr Flag Jackson Heights, Queens, New York ... 25 Jul 18 3.48pm Send a Private Message to kenbarr Holmesdale Online Elite Member Add kenbarr as a friend

Originally posted by YT

If you are that certain, then place a ‘lay’ bet on a betting exchange such as Betfair or Smarkets. Easy money!

Please explain a :lay: bet. I'm not familiar with betting terms.

 


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silvertop Flag Portishead 25 Jul 18 4.18pm Send a Private Message to silvertop Add silvertop as a friend

Originally posted by Rudi Hedman

The bookies give us a 30% chance of top ten then and not evens 1/1 (50%).

1 / 3.25 = 30%

3.25 is the decimal odds of 9/4. Nobody tell me it’s 2.25 because it isn’t. It might be 2.25/1 but 3.25 IS THE DECIMAL ODDS.

I have no idea what you just said but thanks very much for saying it.

 

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DutchEagleJohan Flag Vlissingen, Netherlands 25 Jul 18 5.02pm Send a Private Message to DutchEagleJohan Add DutchEagleJohan as a friend

Originally posted by premier fan

All we need is for Zaha to stay, Benteke to find form and RLC to sign on loan again and we have the ability to finish top half.

Edited by premier fan (25 Jul 2018 2.02pm)

That is a lot of "ifs"

 

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ex hibitionist Flag Hastings 25 Jul 18 5.19pm Send a Private Message to ex hibitionist Add ex hibitionist as a friend

Originally posted by kenbarr

Please explain a :lay: bet. I'm not familiar with betting terms.

,

'laying' just means taking the bet, i.e. being the bookie, rather than putting the bet on - bookies are sometimes called 'layers' bcos they 'lay' bets. So YT may not be making sense - the value in this case is with the punter not the layer, unless he means lay Palace at 1/3 NOT to finish in the top ten, e.g. take £3000 worth of bets at 1/3 and you only risk losing a grand if Palace finish 11th or below.

 

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YT Flag Oxford 25 Jul 18 5.37pm Send a Private Message to YT Add YT as a friend

Originally posted by ex hibitionist

,

'laying' just means taking the bet, i.e. being the bookie, rather than putting the bet on - bookies are sometimes called 'layers' bcos they 'lay' bets. So YT may not be making sense - the value in this case is with the punter not the layer, unless he means lay Palace at 1/3 NOT to finish in the top ten, e.g. take £3000 worth of bets at 1/3 and you only risk losing a grand if Palace finish 11th or below.

Eh? Now you aren’t making sense, or at best are complicating the situation. The guy said 5-1 or 6-1 odds for Palace to be relegated was a crap bet, because he thinks they are bound to stay up. So I said that if he was that sure, then he should lay Palace to be relegated.

The key words are ‘if he’s sure’ in which case the odds..the value being with the punter etc are irrelevant. If he’s not sure, then he shouldn’t bet.

 


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ex hibitionist Flag Hastings 25 Jul 18 5.41pm Send a Private Message to ex hibitionist Add ex hibitionist as a friend

... in which case you keep £3000 if Palace finish in the top ten: this is risking a £1000 loss against a £3000 profit which is effectively putting £1000 on Palace to finish in the top ten at 2/1 (if you put £1000 on Palace to finish in the top ten at 2/1 you would lose £1000 if they didn't and get £3000 (£2000 winnings plus your £1000 stake money back - you always get your stake money back) if you did - exactly the same outcome as the 'lay' bet of YT's. So it's better to put £1000 on at 9/4 (my original suggestion odds-wise not stake-wise) bcos you get £3250, i.e.£250 more than the lay bet. The difference in pay out stems from bookies giving stingy odds - if Palace are 9/4 to do it they should be 4/9 NOT to do it, or 3/1 as opposed to 1/3. I won't give you my sort code and account number but I do take cheques. PS YT's advice is thus proven unsound.

 

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