Just thinking about the aftermath of the Haye-Wlad betting market... Id presume the bookies here (UK) must have made a killing on the fight. Taking lopsided action on Haye, while taking the most probable position (Wlad win) Just wondering what other people thought about the way the fight was priced up. The lack of much movement on the line and the bookies reasons for it. Id guess Wlads price in the win market wasn t juicy enough for most serious betters to put big money down? Or was it the fact that the line didnt need to move because there was so much square money going on Haye? Do you think this is an example of the bookies getting the price right enough that they could just sit back and take the risk on Wlad s odds, knowing that they were maximising profit on the fan money that would be going on Haye? Any thoughts on this?
I made my biggest bet to date on Wlad. Odds of 8/13 are too good for what i consider a forgone conclusion
Most of the bookies said if Haye had of won by a KO on any of the rounds they would have lost an absolute fortune with the winning round betting market. I had Wlad backed to win on points, but the odds were crap I thought, only 7/2.
I had 100 on wlad to win 1.62 odd, easy money. You can always count oon the brits to make the odds better, other things where I made a lot of money was barcelona vs man united, pac vs hatton and definitely germany vs England on the world cup 2010.
every time there is a fight involving a big name british fighter as a gambler you have to seriously consider betting against the brit because they are probably the biggest gamblers in the world and will inevitably skew the odds in favour of their guy. There is a culture of gambling in the UK to an extent that is greater imo than other countries.
I had Wlad on the win market @1.62 as well. But the line didnt really move much. I dont think that the bookies felt too exposed at those odds. I made my bet a good 2 weeks before the fight, and then waited for the line to move when more money came in on Haye. Except the line didnt move.So gamblers couldnt have been pounding Wlad at that price, even if it seemed good. Also the british fan money didnt move the line. Wlad was at slightly tighter odds by fight time. Unlike Hatton v Mayweather where fan money made Floyds price drift as the fight neared
I don't know what country that is, but i doubt it moves more money per person at the bookies than the UK does.
Yes. Vegas does the same thing in NFL if the public bets heavily on a team that the Vegas books are almost certain has little chance at victory. They won't move the line closer for the team they think will win. As far as British betting on the whole being dumb, well, was it the last World Cup or the one before it England were 3/1 to win?