The Sports Betting thread

[METALMAN]

maybe they think the wrestling is real :/

[Liam]

They bet based on where they see value. Frankly, most people will bet on favourites. Therefore, they have to bet more to win more, as the prices are so short. Limiting it to singles basically means it is going to be incredibly difficult to win good money.

EDIT: They wouldn't lay a bet that size on something that is pre-determined, Jouzy.

There are staking limits on all sports.

[Dingle]

Well I didn't know that, hence my questioning >_>. Still, if I was a WWE writer there is no chance I would miss out on throwing a tenner down on every single bet they had.

[Liam]

2/5 wins you £4 for a tenner.

You keep winning on the same stuff, they limit your bets, or stop you betting on them completely.

You wouldn't be able to win on it for long.

[Dingle]

Well, cock.

Maybe the rumble gives better odds >_>.

[Liam]

A place were bookies got stung initially was UFC betting. This was because it was a rare example of the punter having a better chance of knowing a sport more than the person laying the bet. Therefore, the prices weren't quite right.

This hasn't stayed that way, unfortunately.

[Matt]

But there's nothing to stop people inside the WWE from throwing down 100,000 on someone is there? Ehh, it's not my business so I dont care, but I wouldn't be letting betting occur on things that are pre-determined.

I'm pretty sure that would be illegal or at least break some sort of terms and conditions of the bookies.

[Liam]

But there's nothing to stop people inside the WWE from throwing down 100,000 on someone is there? Ehh, it's not my business so I dont care, but I wouldn't be letting betting occur on things that are pre-determined.

I'm pretty sure that would be illegal or at least break some sort of terms and conditions of the bookies.

It would, but there are ways around it.

[METALMAN]

yes. like not telling them you work for WWE.

[Matt]

Yeah but if your mates kept winning £10,000 and £5,000 of it kept being transfered to your bank account, I'm sure alarm bells would start to ring.

[Dingle]

Yeah but if your mates kept winning £10,000 and £5,000 of it kept being transfered to your bank account, I'm sure alarm bells would start to ring.

Just pay it in cash?

[METALMAN]

or don't tell the bookies your friend is going to transfer the money to your bank account :/

[Matt]

Yeah because your bank wouldn't notice. I'm not saying it's impossible but if it was happening on a large enough scale to make it worthwhile then people would start asking questions, in the same way they start asking questions when people are winning £100,000 bets on Italian football every week.

[METALMAN]

why would your bank care? they'd be like WHOOPEE MONEY!

[Baddar]

You can bet on certain soap storylines - this is no different.

As much as Lesnar is free money, Orton is even more so. 2/7 is crap odds, but he's simply not losing two straight ppv's to Kane.

[Liam]

The thing is, it is not worth the money. With wrestling, you really do rarely know for sure about something, and you'd have to be putting £70 on to win just £20. Knowing the WWE, they'd just as likely swerve again for the sake of swerving.

[Dingle]

You can bet on soap storylines? What the fuck has this world come to. I didn't even realise women placed bets.

[METALMAN]

you can also place bets on the world ending in 2012.

[Liam]

When there are 'Who shot?' style storylines, yes, you can bet on soap storylines.

Did you also know that you can bet on whether it snows on Xmas day?

[Baddar]

The thing is, it is not worth the money. With wrestling, you really do rarely know for sure about something, and you'd have to be putting £70 on to win just £20. Knowing the WWE, they'd just as likely swerve again for the sake of swerving.

I've steered clear of that one for that reason. It's still safe though. Just as I'm positive Lesnar is winning tonight.

And Jouz, occasionally you get stuff like "who killed ...?" in the soaps.