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BB15 Big Brother 15 - aka Big Brother: Power Trip. The launch date was Thursday 5th June 2014. Discuss the series won by Helen Wood here.

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Old 13-08-2014, 10:52 AM #1
sampvt sampvt is offline
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sampvt sampvt is offline
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Join Date: Jun 2012
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Default Betting odds explained

There seems to be some confusion as to how these bookies odds work. Some FM's are under the impression that its the sheer volume of money placed on a person that depicts the odds, that's simply not true.

When the names for evictions come up, nobody has laid any money on anyone, so the odds are made up PROVISIONALLY, but odds compilers in the bookies head offices. Once that's been done by virtue if report analisis, polls and common sence, the odds go up.

After that the money laid on each individual does have a bearing, but not like as in a horse race where form takes precedence. In this BB games case, future storylines, pending arguments, fan perception and past history takes precedence.

Last week nobody could predict an eviction for Winston but there was more money won on him than on the fav Mark because mark was made unbackable and Winston was a teaser that nobody foresaw.

This whole hype around Ashleigh is Bling and no substance. She was down to 1/5 a week ago, so nobody backed her. She was left at that for 1 week no she is coming back to 1/2 or better when the punters will hit her then, so if she was such a hard nose fav, why is she slipping backwards, the money is already down, its a ploy to get you to back.

Why is it a ploy, well simple.......Bet365 set her out at 1/2 and maybe take £5000. Their loss would be £2500 so they wait till another bookies weighs in at evens and they lay off half of their collected £5000 to win £2500 to pay out if she wins and they make £2500 for nothing.

Over the last week Helen has been hit hard from 50/1 down to 8/1 so she has had more money on her than Ashleigh at 1/4 so if volume was the guide, Helen would be fav. She isn't so go figure.

The biggest punters on BB are the bookies themselves laying off bets to the biggest and bravest office. They also have names that stand behind big bets but for the most part, Ladbrokes and hills will accept any bet but not at the odds they give you the public.

Moral of the story is that although Ashleigh is fav, it does not mean she has the most bets on her.
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