I believe that some of you here who are sport bettors must have experience of what I mean.
During a live match, we can tell that the odds of the game usually change continually depending on the bookmaker you are using.
Yesterday, I placed a bet, it was a parlay with 8 legs but I lost the bet because I predicted Bologna 1909 to win. Before the game started, Lecce had 5.00 odd while Bologna 1909 had 1.9 odd but after the first half time of the match, the odd of lecce have increased to 30.00 and it kept increasing, just few minutes to the end of the game, the odd was now 50.00
This is nothing new for so many of us because it happens continuously. Can anyone or have any of you here took such risk to place a bet on a single game with odd ranging from 10.00 - 50.00?
If you took such risk before, did you win?
This kind of increase in odd in partially risky too for the bookies because someone could actually take the risk and end up to win the bet because the team that was expected not to win the match, can luckily score a goal during penalty or could just win in the last minute.
Share your experience.
Short story from 2009. I was playing at betfair and in September or something there was a tennis game between Federer and Tsonga.
Federer lost the first set and had odds of 1.6. I bet him big with like 1500$. Fedex won the 2nd and led by 5:1 in the third. Should have been cashout time of course since trading on betfair can give you huge odds. There have been odds to up to 1000x, most traded odds though have been between 500-750x on Tsonga.
Long story short, Tsonga came back against a prime Federer, I lost big because I was too greedy to trade 4$ for a nice win on both sides.
Huge odds do exist and can win, you just have to be at the right spot at the right time. Unfortunately almost all booking only offer you like 50x, even though it's as good as impossible for the guy to win. Only exchanges like betfair, since it's player vs player, sometimes have these kind of super big odds.