Bookie Paddy Power are paying out on Stoke City's relegation

Discussion in 'Bulletin Board ARCHIVE' started by Football Agent X, Aug 16, 2008.

  1. Football Agent X

    Football Agent X Active Member

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    Bookie Paddy Power are paying out on Stoke City's relegation from the Premier League following their opening day defeat at the hands of Bolton! </p>

    The payout, expected to cost the firm around &pound;30,000, is the first time a bookie has paid out on a season-long bet on the first day of the campaign. </p>

    Stoke were always expected to struggle in the top flight, with their pre-season relegation odds as short as 4/9. But having lost 3-1 to fellow relegation candidates Bolton their odds have tumbled further to 2/7. </p>

    Paddy Power himself said: &quot;Stoke fans knew they were in for a tough season just to survive and this defeat has confirmed it. </p>

    &quot;If you're losing to the likes of Bolton there really isn't much hope.&quot; </p>

    The firm are also offering Stoke season ticket holders a no-strings attached free &pound;50 bet, with Power adding: &quot;Perhaps our silver lining offer on a grey day for Potters fans will ease the pain of the long season ahead.&quot; </p>
     
    Football Agent X, Aug 16, 2008
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  2. Googs

    Googs Well-Known Member

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    How very bloody stupid.
     
    Googs, Aug 16, 2008
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  3. Nor

    North Ardsley Red Active Member

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    Bit disrespectful.
     
    North Ardsley Red, Aug 16, 2008
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  4. kin

    kingster New Member

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    there will be a few money men lumping thousands on the 1/3 still available on stoke getting relegated. thats a 33% return to stake over 9 months . better than anything a bank can offer!! hardly worth putting my tenner weekly bet on though.
     
    kingster, Aug 16, 2008
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  5. dea

    deanotyke New Member

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    Its called PR,probably got about £100 in bets for them,pay out now and Paddy Power gets in all the papers and gets everybody talking all for £33 in winnings(£100 at 3 to 1 on)cheaper than advertising.
     
    deanotyke, Aug 17, 2008
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  6. bfc

    bfcbub Active Member

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    Its on bets already placed not new ones
     
    bfcbub, Aug 17, 2008
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  7. dea

    deanotyke New Member

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    I know probably at 3 to 1 on,they aint been much bigger odds.
     
    deanotyke, Aug 17, 2008
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  8. RichK

    RichK Well-Known Member

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    Also a chance that those winning punters will place bets with their winnings. More revenue. And lets be honest, Stoke will get relegated.
     
    RichK, Aug 17, 2008
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