500 000 bet
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- samoht
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- Mr Magic
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Not nervous at all.St Chris wrote:Worth revisiting this I think.
How do you think this very nervous punter is travelling this week???
Could you go to the game, could you even watch at all???
It was explained to me by someone who understands punting that the guy just recognized a team that was being offered at a ridiculous price adn took up the opportunity.
This is how it goes.
If St Kilda wins, he stands to win $3,000,000
Somewhere in the last couple of weeks he's probably made more bets, laying off:-
Backing Geelong for the flag
Backing WB for the Flag
Backing Collingwood for the Flag
all at smaller odds than theose he got for St Kilda.
BUT he only wagered enough on the other teams to win back what he's bet on St Kilda (or maybe a little more)
Therefore he is covered completely this week.
If the Saints win he will probably net 1-1.5 million
If Collingwood wins, he will probably win a few hundred thousand (after getting back his 500,000 bet on the Saints)
It was purely an simply a matter of mathematics becasue teh Saints odds were too generous at that point of the season.
- saintsRrising
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Re: 500 000 bet
wasaintsfan wrote:
E. other, please explain
For Eric that is chicken feed....
Flying the World in comfort thanks to FF Points....