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Bookmaker Lost $300,000 on Trump Prop Bet

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  • pavyracer
    SBR Aristocracy
    • 04-12-07
    • 82830

    #1
    Bookmaker Lost $300,000 on Trump Prop Bet


    They had a prop on how many lies would Trump say during his speech.

    Over 3.5 - 145

    92% bet the Over causing the book to have huge losses.

    Rumor has it that the 8% who bet the under were SBR posters DwightShute, brooks85, MrKLC and Jibby.
  • Hman
    SBR Posting Legend
    • 11-04-17
    • 21429

    #2
    Can't believe anything Yahoo says

    Is it real?

    And if so how could they even offer & grade such a wager with legitimacy on what's true & what's a lie?!?
    Comment
    • jjgold
      SBR Aristocracy
      • 07-20-05
      • 388179

      #3
      Fake
      Comment
      • pavyracer
        SBR Aristocracy
        • 04-12-07
        • 82830

        #4
        Originally posted by Hman
        Can't believe anything Yahoo says

        Is it real?

        And if so how could they even offer & grade such a wager with legitimacy on what's true & what's a lie?!?
        It's real. They used this website for grading:

        Comment
        • franklee168
          SBR Hall of Famer
          • 03-06-11
          • 5544

          #5
          Originally posted by Hman
          Can't believe anything Yahoo says

          Is it real?

          And if so how could they even offer & grade such a wager with legitimacy on what's true & what's a lie?!?
          Make that phone call to bookmaker since they're a sponsor here?
          Comment
          • pavyracer
            SBR Aristocracy
            • 04-12-07
            • 82830

            #6
            Originally posted by jjgold
            Fake
            Donald Trump’s loose grip on the truth just cost one gambling site dearly.
            Before the president’s address on border security Tuesday night, Bookmaker.eu put the over/under on the number of lies he’d spew at 3.5. For bettors, it was a no-brainer, as hundreds of thousands of dollars loaded up on the over.
            In fact, Bookmaker odds consultant John Lester told MarketWatch that the site has never seen such a lopsided response from its customers.
            “Never in our 30-year history have we been this one-sided (9 to 1) on a wager,” he said. “You would have to go back to the early Mike Tyson fights (pre-Buster Douglas) to find a wager with comparable one-sided demand.”
            Lester explained that no matter how much he adjusted the odds, hardly anybody seemed interested in taking the under. Smart move, considering the Washington Post found that there were at least six false statements during the address.
            “We knew the President would be prone to exaggeration to support his need for Democratic support to fund his wall,” Lester said. “However, we hoped the 8-minute time constraint coupled with the unlikelihood of the President going off-script would keep the total number of false statements low.”

            Nope.
            This isn’t the first time the site has been crushed by a wrong-sided Trump bet, having lost more than a million dollars when he won the presidency.
            “Bookmaker seems to be snake-bit with President Trump,” he said.
            That won’t stop the site from offering more political wagers, considering demand for such action has been on the rise in recent years.
            “As the political arena starts to mirror the drama and colorful personalities that comprise the sporting world,” Lester said, “players seem to be finding as much excitement in wagering on political props as they would on their favorite team.”
            Comment
            • Thrilla
              SBR Posting Legend
              • 03-10-15
              • 13809

              #7
              Comment
              • pavyracer
                SBR Aristocracy
                • 04-12-07
                • 82830

                #8
                This is my favorite part:

                “We knew the President would be prone to exaggeration to support his need for Democratic support to fund his wall,” Lester said. “However, we hoped the 8-minute time constraint coupled with the unlikelihood of the President going off-script would keep the total number of false statements low.”
                They figured he would say no more than one lie per 2 minutes so they set the over under at 3.5 but Trump managed to almost average 1 lie per minute which is like a world record.
                Comment
                • eidolon
                  SBR Hall of Famer
                  • 01-02-08
                  • 9531

                  #9
                  Originally posted by pavyracer
                  https://www.yahoo.com/news/betting-w...222741619.html

                  They had a prop on how many lies would Trump say during his speech.

                  Over 3.5 - 145

                  92% bet the Over causing the book to have huge losses.

                  Rumor has it that the 8% who bet the under were SBR posters DwightShute, brooks85, MrKLC and Jibby.
                  Was this checked by politicfact or WP? because Bookmaker are a bunch of dumb asses if they used either for their grading.
                  Comment
                  • gauchojake
                    BARRELED IN @ SBR!
                    • 09-17-10
                    • 34113

                    #10


                    I saw this today

                    Got a good chuckle out of it

                    Wish I would have hammered the over
                    Comment
                    • gauchojake
                      BARRELED IN @ SBR!
                      • 09-17-10
                      • 34113

                      #11
                      Luckily they don't have action bets any more
                      Comment
                      • firedawg
                        BARRELED IN @ SBR!
                        • 10-08-08
                        • 39219

                        #12
                        Trump lies???
                        Comment
                        • funnyb25
                          BARRELED IN @ SBR!
                          • 07-09-09
                          • 39663

                          #13
                          The comments are funny on that article. 92% of us bet that OUR president would lie MORE than 3.5 times and got paid for it...

                          Some sick shit when you think about it....
                          Comment
                          • lakerboy
                            SBR Aristocracy
                            • 04-02-09
                            • 94379

                            #14
                            Originally posted by firedawg
                            Trump lies???
                            Nope. Also least racist person ever. Just ask him
                            Comment
                            • turbobets
                              SBR MVP
                              • 01-13-06
                              • 1000

                              #15
                              Free money for anyone who knew the lefty washington post would be used for grading.
                              Comment
                              • RoyBacon
                                BARRELED IN @ SBR!
                                • 09-21-05
                                • 37074

                                #16
                                We have a crisis at the border. Scored a lie
                                Comment
                                • TheMoneyShot
                                  BARRELED IN @ SBR!
                                  • 02-14-07
                                  • 28672

                                  #17
                                  Just when you thought.... you seen it all???
                                  Comment
                                  • sourtwist
                                    SBR Hall of Famer
                                    • 11-10-12
                                    • 9364

                                    #18
                                    Originally posted by turbobets
                                    Free money for anyone who knew the lefty washington post would be used for grading.
                                    If only pavyracer was this smart, he could have made a similar statement in the OP

                                    Edit: not that i think he's stupid...just happens not to like Trump
                                    Comment
                                    • Brooklyn Dick
                                      SBR MVP
                                      • 09-12-08
                                      • 1068

                                      #19
                                      Total BS. The limit on this prop was 250, and every time it was bet it went up a minimum of 10 cents. The line closed at -280. So if it started EVEN with no vig and ended up at -280 that would be 28 bets at 250 each or $7,000 US.

                                      Could not have been more.
                                      Comment
                                      • jjgold
                                        SBR Aristocracy
                                        • 07-20-05
                                        • 388179

                                        #20
                                        Yahoo is terrible


                                        10000000000000000000000000% democratic

                                        Immigrant and ghetto lovers like the rest
                                        Comment
                                        • Hman
                                          SBR Posting Legend
                                          • 11-04-17
                                          • 21429

                                          #21
                                          How can anyone determine what's the truth and what's a lie, with 100% certainy, especially in a matter of hours??

                                          Nobody can.

                                          It sometimes takes a jury days or weeks to deliberate on what's true or not and even that is based on opinion most of the time.
                                          Comment
                                          • Hman
                                            SBR Posting Legend
                                            • 11-04-17
                                            • 21429

                                            #22
                                            Originally posted by jjgold
                                            Yahoo is terrible


                                            10000000000000000000000000% democratic

                                            Immigrant and ghetto lovers like the rest



                                            Comment
                                            • rkelly110
                                              BARRELED IN @ SBR!
                                              • 10-05-09
                                              • 39691

                                              #23
                                              Trump truly IS for the layman........
                                              Comment
                                              • Poisec
                                                SBR MVP
                                                • 07-22-18
                                                • 1216

                                                #24
                                                Just some advertising, nothing unusual.
                                                Comment
                                                • Bluehorseshoe
                                                  SBR Posting Legend
                                                  • 07-13-06
                                                  • 14998

                                                  #25
                                                  My limit is $500 on prop bets.

                                                  I call bs.
                                                  Comment
                                                  • 5mike5
                                                    SBR Aristocracy
                                                    • 09-21-11
                                                    • 52006

                                                    #26
                                                    Originally posted by firedawg
                                                    Trump lies???
                                                    Just when he opens his mouth Lol


                                                    Seems like just pub for them like somebody has already said
                                                    Comment
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