Bookies stand for BP10m if Leicester wins EPL

  • Mac
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Bookies stand for BP10m if Leicester wins EPL

9 years 1 month ago
#612472
How much the bookies stand to lose if Leicester win the EPL


Betfred are the only bookmakers to have already paid out on Leicester as champions, after they beat Southampton 1-0 on 3 April.

"Leicester's win would be the biggest upset in the history of betting," Alex Donohue of Ladbrokes told BBC Sport. "It would be the worst result for us financially and our biggest payout by a distance.

"If Chelsea, Manchester City or Manchester United would have won, the total payouts would have been in the few hundred thousands.

"Leicester have been upsetting the odds all season but it is a brilliant Hollywood (sic) story that we are a part of. Hats off to anyone who backed them at the start of the season."

But the headline in www.bbc.com/sport/football/36105265 says how much the bookies stand to payout which is different to "lose". Anyway...

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  • Dave Scott
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Re: Bookies stand for BP10m if Leicester wins EPL

9 years 1 month ago
#612535
I am not trying to dispute above but u would imagine millions punted on United city Chelsea Arsenal etc
And small change on the 200/1 shots ??

If a 33/1 shot wins the Derby bookies would clean up

Good punting

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  • Bob Brogan
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Re: Bookies stand for BP10m if Leicester wins EPL

9 years 1 month ago - 9 years 1 month ago
#612536
Also dont understand dave, i thought Leicester winning would be a great result for most bookies

I know wsb too R20 at 2500/1, so maybe they dont take much on these events pre season?

Cant believe a bookie would take a few grand on Leicester antepost?
Last edit: 9 years 1 month ago by Bob Brogan.

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  • fingers
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Re: Bookies stand for BP10m if Leicester wins EPL

9 years 1 month ago
#612656
probably the pay out, but how much are they holding?

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  • CnC 306
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Re: Bookies stand for BP10m if Leicester wins EPL

9 years 1 month ago
#612669
Dave Scott wrote: I am not trying to dispute above but u would imagine millions punted on United city Chelsea Arsenal etc
And small change on the 200/1 shots ??

If a 33/1 shot wins the Derby bookies would clean up

Good punting

you correct when saying that if a 33/1 wins then the bookies clean up but remember Leicester were 5000/1 and only in December did there price start coming down. i go 66/1 and that was well into the season. Mac got 80/1. Football fans usually stick a few quid on their team at the beginning of the season so yes i can see the bookies losing big. Bets are usually between a fiver and £50 so if United or City won the title the payouts would not be near what the leicester pay out will be.
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