Making that 100 pound bet was pure genius Chuck, i don't know how much 200k means to you, regardless, well done sir.

I am interested to know your thinking before making that bet, i mean it must have felt like throwing 100 quid away at the time, or?

I was merely trying to stress that the Leicester city bets of this season were in fact good bets for the bettor. Not realy searching for someone that want to give me those same odds as Leicester got pre season.

The only real evidence you've presented is a gut feeling that the odds were good, a wage bill comparison on the relative competitiveness of the EPL vs other european leagues (which is an interesting topic in itself and would require a lot more discussion that just that one stat) and the new odds bookies are offering for next season. I'm not saying that you're wrong with ur assertion that it was a good bet at those odds, I myself do not know what the true odds were. Those ITT that are saying 'it was definitely a good bet', you simply cannot know that is true unless you have access to statistical models that are more accurate that the football analytic guys I listen to and read. I am happy that Chuck won the bet given how bad he seems to have run at PLO but I still think he was a dog at 2000-1 when he made the bet.

would you realy expect evidence on a poker form, revealing better lines than the William Hill's etc of this world set???
Of course its just a guestimation on my part just like everyone else's. Only wanted to throw in 1 or 2 new arguments.

There are quite a few analytic guys already sharing their results on social media or websites you can easily find just as a hobby. I'm not expecting people to reveal their state of the art prediction models but a few constructive points as to why they thought it was a good price. It's kind of a silly thing to be arguing about anyways

I see one solution;

Joey has to ask sports betting king Haralabos Voulgaris for his opinion if he get's him on next time.

+1

betting on leicester or any kind of bottom team that is on the verge of delegation is not even torching money its basicly dissolving your money to quark level, 2000:1 is not a fair bet

its been said on this thread already, but the picture is too good.

Brian moved to Romania?

I'll take Obama playing cricket for England for a hundred if anyone is interested

can you take the 5000 side on kimk?

The new sn starting with N? At first he was doing very fishy things and then he became pretty solid...

I do realize how this is fun to look at, but the numbers just reflect WH´s business model, i.e. pricing random events that hold varying degrees of probability at the very same price, e.g. Leicester winning the title was nowhere near as unlikely as Obama playing Cricket for England. I´m guessing this is both some type of screwing over your customers (paying 5000 to 1 on events that, in all likelihood, will never happen) and risk management.

Leicester at 5000 to 1 may have been pretty close to an accurate pricing. Just think about how many things had to run perfectly for Leicester to have any shot at winning, e.g. Leicester gaining as many points as possible (I may be off here, but I think they won something like 5 games straight at 1-0 when it truly mattered), Chelsea becoming the worst PL champion of all time, City turning into a laughing stock just about the moment they announced the Guardiola signing, United being - for the most part - well below par, Tottenham being Tottenham etc etc.

Kaiserslautern winning the Bundesliga back in 1998 may have been close, but this was back in 1998 so it´s tough to compare Kaiserslautern to Leicester.

They did go down to 2nd division in 1996, instantly made it back to Bundesliga in 1997 and won the title in 1998. Then again, they didn´t sell any players after being relegated, so this was actually a (bad) 1st division team that had to take a 12 months stint well below their level.

In money terms, Bayern and Dortmund did have the highest wages bills back then, but the effects of constant revenues from Champions League etc. hadn´t shown their full effect yet. Kaiserslautern was smaller than Dortmund and Bayern, but not like 90 % smaller, rather something like 50-60 %.

https://en.wikipedia.org/wiki/1997%E...398_Bundesliga

The sites will make a lot of money next year by lots of people betting on bottom teams after seeing how much people won on leicester.

Exactly

the sites would have still made alot from the favourites not winning the league... alot more people bet them big to win it.

the sites are pretty good at making money.

Pretty much this. I'm extremely disappointed as a gunner, because I would say this year is the closest we will ever get to the title.

Don´t you love those Bookie propaganda bits in the UK press? Stuff like "This hurts, we will have to pay out GBP xm on Leicester blablabla". Companies like William Hill must have raked in lots and lots from all those failed bets on Chelsea, Manchester City, Arsenal, Manchester United etc. Who cares about paying out a million or two when 90+% of bets must have been placed on different outcomes?

you act like the house ever loses

houses intentions are true altruistic imo. they would not want to hustle us, would they?

Anyone intrested in euro16 fantasy League? Or some kind of fun betting stuff like the previous was?

yes in for random draft. Need some teams to cheer for