Stan James World Open Odds - Some crazy odds again!
- Thread starter TheOne
- Start date
A friend of mine saw a skill level 4 at the APA Nationals challenge Alvarez to a set for $400 even up.
This 4 was a typical underrated 4 probably a 6 or even a 7.
Alvarez was helping my friend a skill level 3 at the Predator booth when this happened.
Not a very nice thing to do to Frank while he was taking his time to help someone improve their game.
Needless to say Frank declined the offer.
This 4 was a typical underrated 4 probably a 6 or even a 7.
Alvarez was helping my friend a skill level 3 at the Predator booth when this happened.
Not a very nice thing to do to Frank while he was taking his time to help someone improve their game.
Needless to say Frank declined the offer.
Just a note that I'm sure has been mentioned before--bookmakers don't set odds according to how likely a player/team is to win, they set odds based on how much betting action they think a player/team is likely to get.
A 'better' player will have longer odds than a 'lesser' player, then, if the bookmakers think the 'lesser' player is going to have more people betting on him/her than the 'better' player. Having Alex at 12-1 while Ralf is at 33-1 says to me they think Alex will get more action (not saying here that Alex is a lesser player than Ralf, btw). That's why if Ralf starts to get more action his odds will go down, and it explains why some very good players have what seem like unusually long odds.
A 'better' player will have longer odds than a 'lesser' player, then, if the bookmakers think the 'lesser' player is going to have more people betting on him/her than the 'better' player. Having Alex at 12-1 while Ralf is at 33-1 says to me they think Alex will get more action (not saying here that Alex is a lesser player than Ralf, btw). That's why if Ralf starts to get more action his odds will go down, and it explains why some very good players have what seem like unusually long odds.
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By my calculation, they have about a 40% advantage overall. That is, if people bet in a pattern that justifies the listed odds, Stan James keeps about 40% of the total bet, but they have a problem if most betters can find the best horses at these odds and bet them up. I assume Stan James will adjust the odds as new bets come in.TheOne said:
Hi All
I compile these odds for Stan James,I love reading these threads
and it also helps me in my job,I openly admit to not knowing
as much as probably most of you about 9 ball,8 ball but what
I do understand it how to run a book,In an earlier post someone
commented why Hohmann isn't favorite,I purely think he's not going
to win 2 IPT events on the spin,so I've gone out to lay him and I have.
I sponsor Marcus Chamat and he's a good friend of mine and he also
helps with the pricing of such events.
I compile these odds for Stan James,I love reading these threads
and it also helps me in my job,I openly admit to not knowing
as much as probably most of you about 9 ball,8 ball but what
I do understand it how to run a book,In an earlier post someone
commented why Hohmann isn't favorite,I purely think he's not going
to win 2 IPT events on the spin,so I've gone out to lay him and I have.
I sponsor Marcus Chamat and he's a good friend of mine and he also
helps with the pricing of such events.
rackmsuckr said:I'm just fried that Ryan Keller is still above me, lol.
Why is Mike Z listed at 500 to 1 and Keith is 250 to 1 when Mike beat Keith straight up?
You'd think they would at least be even according to the IPT standings, which they very obviously did not go off of.
And why do they have commas between their first and last names?
Gerda beat Earl at the KOTH, but that doesn't mean that Gerda plays anywhere near Earl's speed. What happens in a single set doesn't matter. What matters is that Keith is a better player than Mike Z, no offense, but that's how it is.
Stan James will 100% honour every bet they take,I've worked
for the multi million pound company for 12 years and there is
no way that a winner does not get paid.However in the last
few months due to the US gambling laws,SJ are now stopping
clients with a US postal address form betting with us.This
is purely a safety net on SJ's part.
And on Hohmann's chances I was purely putting my opinion
over that I dont think he'll win 2 on the spin,I could well be
very wrong,and if I am then we'll lose qute a few pounds.
for the multi million pound company for 12 years and there is
no way that a winner does not get paid.However in the last
few months due to the US gambling laws,SJ are now stopping
clients with a US postal address form betting with us.This
is purely a safety net on SJ's part.
And on Hohmann's chances I was purely putting my opinion
over that I dont think he'll win 2 on the spin,I could well be
very wrong,and if I am then we'll lose qute a few pounds.
nicko1 said:
According to Tanner, they took bets THEN decided they didn't want to pay out when they were winners. Sounds shadey to me. The US gambling laws have been the same for years, not just the past two months. In my mind SJ can take their safety net and shove it up ----- ---.
I was paid on my bets on the last IPT event, but then again I do have a UK account. I've never had a problem with being paid by any online bookie and Stan James have a good rep in the UK as far as I'm aware.
It seems like the US gambling laws (or perhaps how they are currently being interpreted) are causing overseas bookies to think twice on taking bets from the US. It does seem very strange when all online poker rooms are full to the brim of Americans, yet you can't place a $1 bet on a pool competition.
If they took a bet they should most certainly honour it though.
It seems like the US gambling laws (or perhaps how they are currently being interpreted) are causing overseas bookies to think twice on taking bets from the US. It does seem very strange when all online poker rooms are full to the brim of Americans, yet you can't place a $1 bet on a pool competition.
If they took a bet they should most certainly honour it though.
watchez said:
Right after the start of the last tournament The CEO of Betonsports.com was flying to South America from the UK ? with a layover in Texas. WHen he got to Texas, He was arrested by US Officials for the gambling site and thrown in jail. He may still be in Jail. This marked a clear change in the landscape and was the reason for the SJ momentary glitch with Tanner. If anyone should be told to shove it, it's the US authorites IMHO.
Nostroke said:
You gotta hate those sneaky transit cops, reminds me of a friend who was living in the states illegally for years. He had flown back to the uk to visit family and was hoping to fly back to mexico and drive over the border. He got a suprise when he got pulled in transit in NY and sent back to blighty lol.
Of course he simply flew to canada direct and his girl friend picked him up and drove back over the border into the US via the back roads hehe
