Game odds post selection

[elvis lives]

prior to the team lists being released Freo were paying 2.60.

now they are paying $1.50. (as reported on the footy show)

I guess the bookies have a view about Dal's worth to the side.

nice one rossco bossco

[Bernard Shakey]

What are the Saints paying?

Because we will win.

[supersaints]

No surprise to me, I said on a previous post the Dockers must be licking their chops, shows as , i said, its now beyond repute, lyon is a wa..ker...........

[Bernard Shakey]

So Dal will be the difference according to half the wankers on this forum?

If he is all St Kilda has going for it we are farked big time.

Go out and back the Saints tomorrow. We will win.

By the way punters set the odds by the amount bet, not the bookies.

[supersaints]

So Dal will be the difference according to half the wankers on this forum?

If he is all St Kilda has going for it we are farked big time.

Go out and back the Saints tomorrow. We will win.

By the way punters set the odds by the amount bet, not the bookies.

Gees Shakey I am missing out big time, tell me the name of a bookmaker who will let me set the odds, and he will be my friend for life......I'll have my house on a bet with anyone who will let me set my odds..... Don't know where you do your betting , but where I come from I look at the odds (that the bookmaker has set) and decide wether i think I am on a winner at those odds, I bet if I think I am , don't bet if I think the odds are too short . I ve NEVER had a bookie offer me to set my own odds.....
The bookie sets the odds,(or field ) the punters bet around those odds, and the bookies adjust the odds to suit the market ..........

[karnaby]

<snip>
By the way punters set the odds by the amount bet, not the bookies.

<snip> the punters bet around those odds, and the bookies adjust the odds to suit the market ..........

Obviously great minds think alike

[saintsRrising]

So Dal will be the difference according to half the wankers on this forum?

If he is all St Kilda has going for it we are farked big time.

Go out and back the Saints tomorrow. We will win.

By the way punters set the odds by the amount bet, not the bookies.

Gees Shakey I am missing out big time, tell me the name of a bookmaker who will let me set the odds, and he will be my friend for life......I'll have my house on a bet with anyone who will let me set my odds..... Don't know where you do your betting , but where I come from I look at the odds (that the bookmaker has set) and decide wether i think I am on a winner at those odds, I bet if I think I am , don't bet if I think the odds are too short . I ve NEVER had a bookie offer me to set my own odds.....
The bookie sets the odds,(or field ) the punters bet around those odds, and the bookies adjust the odds to suit the market ..........

No..you are basically wrong.....

Bookies never back the odds as they personally see it...that is a mugs game for the punters. Such an action would see them getting it wrong sooner or later.....and then they would lose money.

No bookies are businessmen. They see where the flow of money is going and change the odds based on where the "punters" are putting the dosh.
Their skill is framing the odds based on the punters so that no matter who wins....that the bookies win.


Their talent is to keep moving the odds reacting to the punters so that they will rake off a margin.

They don't back winners or losers...but seek the sweet spot that attracts punters to back both teams.

[supersaints]

So Dal will be the difference according to half the wankers on this forum?

If he is all St Kilda has going for it we are farked big time.

Go out and back the Saints tomorrow. We will win.

By the way punters set the odds by the amount bet, not the bookies.

Gees Shakey I am missing out big time, tell me the name of a bookmaker who will let me set the odds, and he will be my friend for life......I'll have my house on a bet with anyone who will let me set my odds..... Don't know where you do your betting , but where I come from I look at the odds (that the bookmaker has set) and decide wether i think I am on a winner at those odds, I bet if I think I am , don't bet if I think the odds are too short . I ve NEVER had a bookie offer me to set my own odds.....
The bookie sets the odds,(or field ) the punters bet around those odds, and the bookies adjust the odds to suit the market ..........

No..you are basically wrong.....

Bookies never back the odds as they personally see it...that is a mugs game for the punters. Such an action would see them getting it wrong sooner or later.....and then they would lose money.

No bookies are businessmen. They see where the flow of money is going and change the odds based on where the "punters" are putting the dosh.
Their skill is framing the odds based on the punters so that no matter who wins....that the bookies win.


Their talent is to keep moving the odds reacting to the punters so that they will rake off a margin.

They don't back winners or losers...but seek the sweet spot that attracts punters to back both teams.

I am not wrong, you are
Firstly , I never said bookies " back the Odds"???.
The field is always set by the bookmakers, every time, no exception, the odds are then adjusted (after they have been set) dependent on the bests taken by the bookmaker
How the hell do you "set the book" put all the odds up on a board before a game card is open, tell me please ?????
If a board is not open, how the hell do you as a punter get to see the odds, if the bookmaker has not set them until he gets a bet to determine the odds,,,, duhhhh
The flow of money you talk about will not occur, until the bookie has set his book

[matrix]

ahahahaha
punters set the odds
ahahahahha
ahem, sorry....no, wait.....
ahahahahahha

unbelievable....

[SainterX]

Its the 13th round, we are the 13th team alphabetically and thus our sportsbet number is 1013.

Could not be a better omen than that

Get ready to sing the song Friday night

[plugger66]

We can win for sure but whatever way the RL or is that GT haters look at it our chances are less than 12 hours ago. By dropping Dal who will play better. Not Harvs, Lenny, Bally, Rooy, any of the young guys and even Grammy who has been in good form lately. The only person I can see getting a kick up the us id Joey.

If anyone else can think of guys who could get a kick up the arse from dropping Dal please tell.

[degruch]

prior to the team lists being released Freo were paying 2.60.

now they are paying $1.50. (as reported on the footy show)

I guess the bookies have a view about Dal's worth to the side.

nice one rossco bossco

So you were putting money on Freo and now you're pissed off...pffft...go tell a forum who give a toss.

[St.Walker]

Agree plugger ross is on the piss as per usual

[perfectionist]

prior to the team lists being released Freo were paying 2.60.

now they are paying $1.50. (as reported on the footy show)

Yes, I heard that on the Footy Show. As usual, they were talking crap. Freo opened as favorites, at less than even money, and were at about $1.80 before the team was announced and have come in to $1.60 ( depending on the generosity of your bookie). But the really big move was in the 40+ odds. They have halved from $7 to $3.50.

[desertsaint]

prior to the team lists being released Freo were paying 2.60.

now they are paying $1.50. (as reported on the footy show)

Worked as a bookmakers clerk when younger - learned a lot - and you're all right to an extent.
What has happened is that the bookie set original odds for this game (may have been $2.60 -may have been more or less depends how long the bet has been available)

When the team lists were released the odds were $2.60 for freo win (if the above info is correct) - then either the bookie dropped the odds expecting a rush of money on freo at odds he believed to be too generous and likely to lose him money - or there WAS a rush of money and the odds dropped to limit the flow of, and potential loss from new bets (and to encourage more bets on the other team to balance out the pot and try and find the win-win situation)

Bookies DO generally try and find that sweet spot where they can't lose - but it is not very likely to happen so instead they find balance OVER a series of matches/races, etc - they do take risks but need to manage those risks.

Finally - if you are a big enough punter you can certainly try and barter around re odds.