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View Full Version : Clubs betting on transfer to fund transfer fee? (66/1 to 8/13 Ribery to Liverpool)


pc4th
09 Jul 2009, 11:46 PM
http://www.oddspreview.com/category/Football/Franck-Ribery-to-Liverpool-Latest-betting-200907090023/


Skybet this afternoon brought Franck Ribery in from 66/1 to 8/13 to join Liverpool.

The firm took a number of bets this afternoon after the French winger had last week ruled out a move to England.

Ribery's price was lowered and backed throughout the day before the Harrogate-based firm made the Bayern Munich player odds-on to join the Anfield club.

Skybet’s Dale Tempest said: "Every price we have put up has been taken on Ribery moving to Liverpool, which has left us stumped as in recent weeks he has been liked with every other club but the Reds!

"After seeing money for him to join Man United and Real Madrid at the same time that Bayern Munich say he’s going nowhere, we’ve now seen a flood of bets on him to join Liverpool.

Since this kind of betting, you can control the outcome. Example: You're Liverpool owners. You put $5,000 bet at 66/1 for Ribery to Liverpool at many betting houses as you can. Assume you can place the bet at 20 different places.

$50,000 x 20 betting places x 66 odds = $66 million in winning.

Same thing with Owen to Man Utd (20/1 odds). $50,000 would net you $1 mil winning. Do that at many places as possible and you pay for his salary from these winnings. Of course, they do it through proxies.

Harry Boulton
10 Jul 2009, 07:19 AM
I find it unlikely that this happens, personally, but it really wouldn't surprise me.


Ribery going to Liverpool though? I'm not sure. The bookies aren't normally wrong about this type of thing but all it takes is a handful of people to place some silly bets and they can affect the while market..........

Matt Clark
10 Jul 2009, 12:51 PM
Yeah, right. Cash-strapped Texan bullshitters Gillette and Hicks are now risking what little remains of their credibility as businessmen by betting money they don't have on outcomes they can't assure.

Actually, that has been their business plan from day one, so maybe ...

No. Don't be silly. For a start, you don't get the same odds on every bet you place - booky systems are designed to automatically downgrade odds when betting patterns of any kind emerge in their electronic systems. So your fantasy doesn't work, you wouldn't get 20 66/1 bets. Meaning you couldn't project what you would get. Meaning you couldn't guarantee any funds from such a move.

And besides, what if the player says no? Then you are, to use the technical term, ********ed.

Dear_Claudio
10 Jul 2009, 05:45 PM
And besides, what if the player says no? Then you are, to use the technical term, ********ed.
:DSpot on, Matt. I can only assume OP was extremely bored during work to come up with this.