Paddy power pay out on Bertie

Jackz

Paddy Power to pay out on Bertie as Taoiseach

jjbrien

Jackz wrote:

Paddy Power to pay out on Bertie as Taoiseach

I would not count your chickens yet the eggs have not hatched. You FF supporters are all the same. Dont jump the gun you might have egg on your face the votes have not been counted yet.

Jackz

I aint jumpin no gun my friend Paddy Power are. Im worried about the transfers still. Seems my little harp is like a red rag to a bull sometimes.

Irish Wolf

jjbrien wrote:

I would not count your chickens yet the eggs have not hatched. You FF supporters are all the same. Dont jump the gun you might have egg on your face the votes have not been counted yet.

But they are paying out on him... http://www.irishelectionbetting.com/?promo=news_IrishElectionMicrosite&crea=img

chump

Irish Wolf wrote:

But they are paying out on him... http://www.irishelectionbetting.com/?promo=news_IrishElectionMicrosite&crea=img

I must say that's crazy!

jjbrien

Irish Wolf wrote:

But they are paying out on him... http://www.irishelectionbetting.com/?promo=news_IrishElectionMicrosite&crea=img

If you read carefully there not paying out yet. To quote" We'll be offering Betting In-Running on selected election markets from noon today. Make sure to check back in..."

That is what it says.

BeatNikDub

Yep Paddy Power on TV3 this morning - confirmed they will being paying out from 10am today

Irish Wolf

jjbrien wrote:

If you read carefully there not paying out yet. To quote" We'll be offering Betting In-Running on selected election markets from noon today. Make sure to check back in..."

That is what it says.

And if you read it all it says...

Congratulations to all punters who backed Bertie Ahern for Next Taoiseach. Your bet is a WINNER! We believe that Bertie is first past the past are we're paying out accordingly!

AidoCQS

Publicity whores, Michael O'Leary wept this morning, taken his title

ednwireland

unbeleivable how can they be so willing to give money away that they might not have to. never understand this unless if they call it now and something else happens do they still have to pay out ? or is this a way of paying out less money

Boston

ednwireland wrote:

unbeleivable how can they be so willing to give money away that they might not have to. never understand this unless if they call it now and something else happens do they still have to pay out ? or is this a way of paying out less money

The odds where 1:500 the pay out is tiny, but people put vast sums on money down. I'd suspect in a money laundering attempt. So it makes logistical sense to call this early and get it out of the way.

TheBigLebowski

ednwireland wrote:

unbeleivable how can they be so willing to give money away that they might not have to. never understand this unless if they call it now and something else happens do they still have to pay out ? or is this a way of paying out less money

Its publicity you mad yoke. No other reason, plain and simple.

DMC

€300,000 is a lot of money... but its less than odd-on. Bertie for Taoiseach was never a bet to make a lot of money on, unless you had loads yourself.

chump

Boston wrote:

The odds where 1:500 the pay out is tiny, but people put vast sums on money down. I'd suspect in a money laundering attempt. So it makes logistical sense to call this early and get it out of the way.

where'd did you get 1:500

It isn't even 1:10 on betfair

oh and fair play to them for paying out but I just don't see why they did it so early?

crybaby

Paying out based on an exit poll is an interesting move, doubt they are paying out very much though

TheBigLebowski

TheBigLebowski wrote:

Its publicity you mad yoke. No other reason, plain and simple.

Don't make me repeat myself...

Boston

chump wrote:

where'd did you get 1:500

It isn't even 1:10 on betfair

oh and fair play to them for paying out but I just don't see why they did it so early?

Tv3 this morning, somebody was on talking about 1:500 odds and 25,000 bet paying out 50 euro.

Irish Wolf

TheBigLebowski wrote:

Don't make me repeat myself...

Money Shot

TheBigLebowski wrote:

Don't make me repeat myself...

F@ck it, Dude, let's go bowling

daveirl

This post has been deleted.

Boston

Are they not paying out on both?

chump

well if odds are anything to go by, and betfair being the number one source to see movements confidence in Bertie isn't as high as it was an hour ago.

A lot of money was matched around 1.10 on Bertie for next Taoseach.
You can now get 1.16.
And there isn't any money queuing up for it, except until 1.2 .

Of course there's low liquidity but there's a distinct fall off in demand, just around the time the first sniffs from the count centres would be arriving.

He's still nailed on though!

daveirl

This post has been deleted.

philcsl

Don't forget, Paddy Power paid out early on Arsenal to win the premiership in 2003.... Man Utd won...

I'm just browsing Betfair now, here's the longshots I've taken so far...

Sinn Fein 10-11 seats... €8 @ 3-1
Fianna Fail for a maj-min govt... €5 @ 10-1
Brian Cowen for Tanaiste.... €50 @ 2-1

Sure even if they all lose it makes the results a bit more interesting!!!

Our man in Havana

Brian Cowen for Tanaiste

Will never happen.

philcsl

Pretty sure you're right Bond, plenty of time to lay it yet though... Can't decide between Roger Rabitte or Trevor the mullet Sargent...

chump

wow, paddypower had a right to be so confident!

so some nice odds were available there on betfair so...
1:5 a few hours ago
1:20 now

!

ninebeanrows

chump wrote:

wow, paddypower had a right to be so confident!

so some nice odds were available there on betfair so...
1:5 a few hours ago
1:20 now

!

Make that 1.05

Such an exciting election eh :rolleyes:

aidan24326

Bertie was never 1/500 to be Taoiseach,those were his odds to be elected in his own constituency where he was never going to be in any danger. (first tally gives him a double quota).

Paddy Power like these early payouts as a little publicity stunt, that's all. But they're right on this one, Bertie will be Taoiseach it's only a question of who will be in government with him.