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World cup odds

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  • #5739
    crizzy
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    • Total Posts 788

    I see England have been eased out to 11/1 for the 2010 World Cup (Football). But are 9/1 with at least one firm. Is this a joke? I know it’s some time away but would anyoneone on here seriously take that price because I doubt I would nibble at double that price or even more. What is the reasoning behind their prices? Confused……. :?

    #126698
    SwallowCottage
    Member
    • Total Posts 1008

    I expect that Corm and Jim will be rushing down to the bookies to back england at those odds :)

    Two possible reasons that they are so short –
    1. English bookmakers will probably take more money on england winning than any other country and will face a huge payout if a miracle did happen so cannot afford to offer more generous odds.
    2. As you say there is a long time to go yet and it is possible that england will improve considerably between now and S/Africa under new management……they will have to.

    #127117
    Avatar photoHimself
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    • Total Posts 3777

    Why do Coral have England as third joint favourites at 10/1 and World Cup holders and four times winners, Italy, at 11/1… whereas Croatia, England’s EC dual conquerers, are priced at 50/1?

    Gambling Only Pays When You're Winning

    #127120
    davidbrady
    Member
    • Total Posts 3901

    Why do Coral have England as third joint favourites at 10/1 and World Cup holders and four times winners, Italy, at 11/1… whereas Croatia, England’s EC dual conquerers, are priced at 50/1?

    Because some people would STILL back England no matter what the price.

    #127322
    Avatar photoPeter Poston’s Ghost
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    • Total Posts 553

    Why do Coral have England as third joint favourites at 10/1 and World Cup holders and four times winners, Italy, at 11/1… whereas Croatia, England’s EC dual conquerers, are priced at 50/1?

    Because bookmakers are accountants whose job is to divide the money not to calculate probability.
    I’m sure that you know that already. The price is crazy but I’m sure that plenty of patriotic mugs will be getting on :o

    #127386
    Avatar photoPerpetual
    Participant
    • Total Posts 432

    We all know England aren’t going to win & their price is a joke so lets concentrate on finding a bit of value elsewhere…

    Without putting in too much thought, my first impression was the Czech Republic look overpriced at 66/1

    Any one else got ideas on what’s value now or clues to finding the 2010 winner?

    #127390
    Avatar photoPerpetual
    Participant
    • Total Posts 432

    Thinking about it, it doesn’t have to be the winner. Just need teams that are likely to qualify, possible improvers over the next 30 months and be 1/4 the price they are now

    Simple :D

    #127437
    insomniac
    Participant
    • Total Posts 1453

    It has always been the perception that England fans automatically back England for World Cup / European Championships and so Bookies under-priced them. But I don’t think punters do nowadays – certainly not to an extent that makes it necessary for the Bookies to offer such a skinflint price as Crizzy pointed out.
    Are there really so many value-blind, patriotic punters out there nowadays? I know educational standards have gone done somewhat over the last 30 years or so – but come on!

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