Premiership Betting

Trixilver · Post: # 998969Post **Trixilver** » Sat 25 Sep 2010 8:20pm

Just curious as to what happens to all the bets that were made for the winner? Were the bets for the premieres or for the winner of the game that was just played?

perfectionist · Sat 25 Sep 2010 8:45pm

Depends a bit on the agency. For daily betting, most pay on half the bet. For instance, if you backed the Saints at $3.00 and had $100 at that price, then you will get $50 at $3.00 back ($150) and lose the other $50. A net win of $50.

However, if you backed a team to be premiers, then that bet is still unresolved.

noob · Post: # 999052Post **noob** » Sat 25 Sep 2010 8:47pm

collingwood 1.57 st.kilda 2.40 on sportsbet

perfectionist · Sat 25 Sep 2010 8:48pm

noob wrote:collingwood 1.57 st.kilda 2.40 on sportsbet

Geez, haven't they learned anything?

saint75 · Post: # 999055Post **saint75** » Sat 25 Sep 2010 8:48pm

noob wrote:collingwood 1.57 st.kilda 2.40 on sportsbet

You are kidding aren't you? If I was a betting person, I would put $1000 on that.....

noob · Post: # 999062Post **noob** » Sat 25 Sep 2010 8:49pm

haha not joking.
https://www.sportsbet.com.au/sports/eve ... ID/1442463

Eastern · Post: # 999109Post **Eastern** » Sat 25 Sep 2010 9:02pm

noob wrote:collingwood 1.57 st.kilda 2.40 on sportsbet

I reckon that will tighten up as the week progresses !!

AnythingsPossibleSaints · Sat 25 Sep 2010 9:05pm

Those are very, very juicy odds for us. Think I may have to pay the TAB a visit.

Fraser · Post: # 999167Post **Fraser** » Sat 25 Sep 2010 9:23pm

feeling for the guy who had half a million on the saints to win! 250 down the drain!

Sainter_Dad · Sat 25 Sep 2010 9:26pm

Fraser wrote:feeling for the guy who had half a million on the saints to win! 250 down the drain!

That bet is probably unresolved - but if his bookie is paying 1/2 odds - the $500K bet - stands to win $3mill - 1/2 being $1.5 mill - Sorry - I don't feel sorry for anyone who just made a million dollars.

saintnick12 · Sat 25 Sep 2010 9:26pm

As you could back the draw, most bets would have been losing bets, unless you backed the draw. One guy rang up SEN on the way home saying he'd had $150 at $26 the draw and had also backed Lenny in the norm smith.

I can't believe we are still such long odds. I'll be backing us.

Buckets · Post: # 999174Post **Buckets** » Sat 25 Sep 2010 9:27pm

Fraser wrote:feeling for the guy who had half a million on the saints to win! 250 down the drain!

That bet is still ongoing as no one has won the flag

Sainterman · Post: # 999176Post **Sainterman** » Sat 25 Sep 2010 9:28pm

Fraser wrote:feeling for the guy who had half a million on the saints to win! 250 down the drain!

I think that bet would stand. He bet Saints would win the premiership...can still be done next week, and WILL be!

rodgerfox · Post: # 999178Post **rodgerfox** » Sat 25 Sep 2010 9:28pm

perfectionist wrote:Depends a bit on the agency. For daily betting, most pay on half the bet. For instance, if you backed the Saints at $3.00 and had $100 at that price, then you will get $50 at $3.00 back ($150) and lose the other $50. A net win of $50.

However, if you backed a team to be premiers, then that bet is still unresolved.

On what planet do you bet?

Unless you bet on the Draw, you lose.

digswell · Post: # 999183Post **digswell** » Sat 25 Sep 2010 9:29pm

I think you will find the guy who had the half mill is still live as his bet would have been to win the flag. If you punt on a winner for the grand final with the draw included then ythe bookie takes the dough except for those who back the draw. If you bet on an exchange like betfair you will get a return as you are betting against other punters.

saintnick12 · Sat 25 Sep 2010 9:29pm

Sainterman wrote:
Fraser wrote:feeling for the guy who had half a million on the saints to win! 250 down the drain!
I think that bet would stand. He bet Saints would win the premiership...can still be done next week, and WILL be!

Yes, that was a premiership bet, not a game bet so he is still alive

Bernard Shakey · Sat 25 Sep 2010 9:29pm

If you backed either team to win today you lost.

If you backed anyone to win the premiership, your bet is still alive.

digswell · Post: # 999199Post **digswell** » Sat 25 Sep 2010 9:35pm

not quite right shakey. I backed saints with betfair and because the price was approx 3.20 actually won money. whereas if you backed pies at the odds on you would have lost some but not all

degruch · Post: # 999202Post **degruch** » Sat 25 Sep 2010 9:37pm

perfectionist wrote:
noob wrote:collingwood 1.57 st.kilda 2.40 on sportsbet
Geez, haven't they learned anything?

Always lopsided due to the shear number of maggot supporters...I think you'll find 'guru' tipping will swing back towards us...the dumbarses.

perfectionist · Sat 25 Sep 2010 9:41pm

rodgerfox wrote:...On what planet do you bet?

Earth.

Unless you bet on the Draw, you lose.

Wrong. How little you know. All four major online agencies pay out on the draw as I have described, or on a variation. Wake up and smell the roses, son.

rodgerfox · Post: # 999222Post **rodgerfox** » Sat 25 Sep 2010 9:44pm

perfectionist wrote:
rodgerfox wrote:...On what planet do you bet?
Earth.
Unless you bet on the Draw, you lose.
Wrong. How little you know. All four major online agencies pay out on the draw as I have described, or on a variation. Wake up and smell the roses, son.

The betting agencies that I use, paid no one unless they bet on the Draw.

If you bet a team to win - you did your dough. Why? Cause they didn't win!

If you've bet on a team to win the Premsiership, then obviously the bets are still live.

Out of curiosity, which agencies are paying out? I'm amazed that they are.

perfectionist · Sat 25 Sep 2010 9:51pm

rodgerfox wrote:...The betting agencies that I use, paid no one unless they bet on the Draw.

Who were they, Yank and Thank?

Try Sportsbet or Betfair for example. I got a 50% return and we didn't even win! Thank you very much for the ridiculous odds on my Saints.

rodgerfox · Post: # 999248Post **rodgerfox** » Sat 25 Sep 2010 9:55pm

perfectionist wrote:
rodgerfox wrote:...The betting agencies that I use, paid no one unless they bet on the Draw.
Who were they, Yank and Thank?

Try Sportsbet or Betfair for example. I got a 50% return and we didn't even win! Thank you very much for the ridiculous odds on my Saints.

I'll say!

Well done, that's amazing that they paid out on that.