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Why do bookies pay out early ?

Discussion in 'Arsenal' started by theHotHead, May 14, 2012.

  1. theHotHead

    theHotHead New Member

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    Can anyone tell me ? I just saw that Betfred paid out on Man U winning the title in April when they were 8 points clear.

    Why ? They lost £500,000, idiots <laugh>
     
    #1
  2. Star of David Bardsley

    Star of David Bardsley 2023 Funniest Poster

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    It's good publicity. If you pay out early 20 times and 19 out of 20 it costs you nothing then it's cheap advertising. Betfred or whoever it was won't be losing a lot of sleep over it.
     
    #2
  3. Grizzly

    Grizzly Active Member

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    Spot on - publicity.
    It also encourages people to bet with them next year because if you back Utd and they go 8 points clear next march there's every chnace you'll get paid out even if they blow up again.
    Certainly the 2nd time Fred Done has paid out early on Utd winning the league when they've got pipped on the line....
     
    #3
  4. Not PC enough

    Not PC enough New Member

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  5. Cb

    Cb Active Member

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    had barca lost yesterday i would have been £40,000 richer...no joke..accumulator on 12 matches
    <steam>
     
    #5
  6. Not PC enough

    Not PC enough New Member

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    crikey , that suxx man .
     
    #6

  7. Cb

    Cb Active Member

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    Selection Selection Details Result



    1


    Scottish
    Celtic v Hearts
    Match betting
    2012-05-13 12:30:00
    Celtic @ 4/11
    Win


    2


    Portuguese
    Sporting Lisbon v Braga
    Match betting
    2012-05-12 21:15:00
    Sporting Lisbon @ evens
    Win


    3


    Spanish
    Real Sociedad v Valencia
    Match betting
    2012-05-12 19:00:00
    Real Sociedad @ 9/5
    Win


    4


    German
    Borussia Dortmund v Bayern Munich
    Match betting
    2012-05-12 19:00:00
    Borussia Dortmund @ 9/5
    Win


    5


    Portuguese
    Vitoria Setubal v Benfica
    Match betting
    2012-05-12 18:30:00
    Benfica @ 1/3
    Win


    6


    English
    Crewe v Southend
    Match betting
    2012-05-12 17:30:00
    Crewe @ 7/5
    Win


    7


    English
    MK Dons v Huddersfield
    Match betting
    2012-05-12 12:30:00
    Huddersfield @ 9/4
    Win


    8


    Portuguese
    Rio Ave v Porto
    Match betting
    2012-05-12 18:30:00
    Porto @ 4/9
    Win


    9


    Spanish
    Real Betis v Barcelona
    Match betting
    2012-05-12 21:00:00
    Real Betis @ 15/2
    Lose


    Channel Internet

    Bet Placed At 12/05/2012

    Bet Type Accumulator (9)

    Stake Per Line £10.00

    Number Of Lines 1

    Total Stake Paid £10.00

    Total Tax @0.00% (Stake) £0.00


    Winning lines 0

    Losing lines 1

    Void Lines 0

    Returns £0.00


    see!
     
    #7
  8. Drudeboy

    Drudeboy Well-Known Member

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    unlcuky
     
    #8
  9. theHotHead

    theHotHead New Member

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    Cb - pissed !!!

    I see, well, I guess that makes sense. I have always wondered now I know.
     
    #9

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