Paddy power

Started by rezlegal, October 19, 2016, 07:59:26 PM

Has paid out $1mm on Hillary 2 weeks before election- I read it first on a poll I follow- princeton Election Consortium- and confirmed it on their website. Be great if they paid out horse racing bets at 1/16 the pole!
October 19, 2016, 07:59:26 PM
FrankD.: Paddy certainly puts the B in bookmaker!!!
They did the same thing before the 2011 Rugby World Cup final where the host country New Zealand was such a huge favorite over France they paid all tickets before the match. The final score was New Zealand 8 France 7.
October 19, 2016, 09:21:36 PM
Boscar Obarra: Not sure why they even do that. If they did it for Brexit they would have had a problem  .

 Free publicity maybe?
October 19, 2016, 09:47:42 PM
TempletonPeck: Yeah I\'m pretty convinced they do this for publicity... They paid about $1mmUSD in bets which to a bookie that big, really ain\'t that much of a hit.

They also paid out early on the 2012 election, and here we all are talking about it.

It has gone wrong for them at least 1-2. It\'s incredibly good advertising, along the lines of a poker room or a race track that guarantees a minimum prize pool and ends up funding an overlay.
October 20, 2016, 09:39:47 AM
Boscar Obarra: Actually not a hit at all, if she wins ;-)
October 20, 2016, 10:21:22 AM
TempletonPeck: Yep, exactly, advertising freeroll for a company who in 2014 had revenue of about 900mm euro and profit of 150ish million.
October 20, 2016, 11:47:37 AM
Paolo: Lots of advocates on this board for lowering takeout rates. Increase in churn is supposed to be beneficial in the long-run for the racetrack economy.

Surely those same people support the Republican idea of lowering tax rates for the same reasons? Even the name fits: Clueless (Clinton) Clowns.
October 20, 2016, 05:24:43 PM
PapaChach: surprised they\'re paying out on a rigged event, shouldn\'t they just refund all wagers, LOL...they\'re still offering other bets on the election though. 13/5 on hrc landing between 47-49.99% is somewhat tempting. slightly under 2-1 for between 330-359 electoral votes, @ 2-1 on +360.

was hoping to see a line on dems taking both house and senate, thought it might be worth a flyer here nearly three weeks out; there\'s potential for a wave turning into a tsunami and now would be the time to get a price on it, but they don\'t have anything, unless i\'m missing it.

(EDIT: The above is strictly a wagering opinion. The above is a wagering opinion only. In no way does the above suggest, imply, hint at, or advocate for any particular political philosophy or ideology. I will of course be waiting to make a voting decision until I see final sheets on all contenders. I hear the folks across the street have the CP-USA sitting on a big new top. Will it be enough?)
October 20, 2016, 06:24:51 PM
TGJB: I literally wouldn\'t know where to begin in response...

Feel free to comment on the horse race aspect of the election, anything else will come down.
October 20, 2016, 10:02:36 PM
Boscar Obarra: I think they might have jumped the gun on paying out that coin. Odds now  3-1 or less on trump, off the 5, 6-1 recent highs, after FBI reopens case against CH
October 28, 2016, 12:59:52 PM
jbelfior: This is Forego closing in on Honest Pleasure. Does DT get up in time? He always loved those \"sweeping turns.\"


Good Luck,
Joe B.
October 28, 2016, 01:07:20 PM
Boscar Obarra: This whole election is playing out like a dime novel.

 Script would have been rejected as too trashy by even the most jaded of producers.
October 28, 2016, 01:44:38 PM
FrankD.: It sets up a great prop bet should Honest Pleasure hang on.
Impeachment Hearings vs Inauguration which will happen first?
October 28, 2016, 01:55:38 PM
kencbs: Just for fun - a friend at work told me she recently went to an astrologer\'s convention.  They had a panel discussion on the election.  The consensus is, after studying everyone\'s charts, Hillary will win the election, but will not get inaugurated.  They couldn\'t agree on why - health, impeachment, etc. Consensus is Kaine is our next prez.
October 28, 2016, 01:58:18 PM
FrankD.: In the words of Miff \"psycho babble\"
Impeachment Hearings +130
Inauguration - 150
October 28, 2016, 02:03:41 PM
News: SMF - Just Installed!