Learning to break kayfabe
Join Date: Jan 2012
Re: Paddy Power Odds
Everytime one of these threads come up people come and criticize people for betting on scripted event who clearly know absolutely nothing about the betting industry. Bookies aren't fools, the profit margins on these markets are a lot higher than the average market and I'm sure the max bet they would allow would be quite low comparatively. People are acting as if Vince could come along and put 100k on someone and clean up.
Also when then is such a big swing in odds it is most likely them just balancing their books because there has been a lot of people on on side. Especially in a niche, novelty market like this it would take a lot less money for a big swing in odds.