Here's what our users are betting:

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  • lukahh
    SBR Wise Guy
    • 04-08-10
    • 941

    #1
    Here's what our users are betting:
    I have a questions for all insiders and people with intuition.

    Some bookies put the "Here's what our users are betting:" tab on their homepage. For example, bwin has:
    USA to qualify from group C to next stage:
    Yes 1.7 ---- 80% users
    No 2.02 --- 20% users.

    Now - is this believable? will bookies contiously take exposure on one side of market, with long-term evening-out? Or would they (as i would think) simply adjust the odds; in upper case put Yes to 1.6 and No to 2.15, assuring more even profit?
  • John Dough
    SBR MVP
    • 09-21-05
    • 1785

    #2
    Just remember, % of users and % of money are two very different things.
    Comment
    • whatagoal1
      SBR Hustler
      • 06-05-10
      • 56

      #3
      there is no need to adjust the odds from 1.7, the going rate is 1.78
      nearer the time they can just hedge all the excess they have taken at 1.78
      Comment
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