How do the bookies do it ?

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  • natrass
    SBR MVP
    • 09-14-05
    • 1242

    #1
    How do the bookies do it ?
    Setting their odds that is.

    I know what they will take into consideration (form, H2Hs, injuries, home/away, etc) but what I really dont know is how they translate such intangible things into odds.

    Obviously, with home/away and the like this can probably be just statistically based but things like form, etc?

    When first starting out I usued to image all the linemakers at, say, William Hill's would sit round and have a coffee whilst discussing Man Unites's chances at Spurs.

    I kind of know they dont have time for this and for lower league stuff especially.

    So, can anyone tell me how they specifically translate say a big player returning from injury or the fact they have won 3 out of their last 4 or whatever into a value?
  • jay88
    SBR Sharp
    • 09-14-05
    • 498

    #2
    There are companies such donbest that give us the basic line, from there on depending on the action we receive on each game the line might move in a total different way than other shops.
    In Europe I have no idea how they work with all the soccer matches, I guess that per country there must be an individual service that provides the starting line.
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