Rugby betting odds - can anyone explain this?

Discussion in 'Bulletin Board ARCHIVE' started by *Windy, Oct 17, 2007.

  1. *Windy

    *Windy Banned Idiot

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    <font color="#000099" size="2" /></p>

    <font color="#000099" size="2">&quot;Bookies have already started taking evasive action as the biggest sports gamble of the year continues on England to win the Rugby World Cup.</font></p>

    <font color="#000099" size="2">While Brian Ashton's men are 9/4 with Sky Bet to retain their title as world champions with victory over South Africa on Saturday, Ladbrokes have been forced to cut them to 2/1 and ease their opponents to 4/11 from 3/1.</font></p>

    <font color="#000099" size="2">David Williams of Ladbrokes said: &quot;We've seen some patriotic punts in our time but this one takes the biscuit. We've never seen anything like it and we've still got the best part of a week to go before we get there.&quot;</font> </p>

    <font size="2">I can see that they got jittery about an England win and lowered what they'd have to pay but RSA's odds have swung massively. How does that work then?</font></p>
     
  2. EastStander

    EastStander Active Member

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    Surely that's a misprint and they mean 11/4 (which is 2.75/1) so £1 stake pays £3.75 (including stake back)
    It's hardly "easing to 4/11" as a £1 stake would only pay £1.36!

    Unless they are just trying to stop more bets coming on the game
     
  3. act

    acton_red Active Member

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    I would say they mean easing to 4/11 from 1/3

    that would make sense. Still very strong favourites but a slight softening

    Windy to answer your question they change the SA odds for 2 reasons. To balance their books which ever outcome they win big and also to encourage people to bet more on SA.

    Look at the odds in SA and they will be significantly different
     
  4. EastStander

    EastStander Active Member

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    RE: I would say they mean easing to 4/11 from 1/3

    Ah that makes sense, a misprint either way
     
  5. act

    acton_red Active Member

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    I would say an error in the way I say because...........

    if they were 3-1 in a 2 horse race (there has to be a result no draw), had just thrahed the other team by 30 plus everybody would have been chucking cash at it and the bookies would be in a nightmare situation
     

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