Sighmuns
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« on: January 12, 2010, 01:48:02 PM » |
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http://forum.fm-view.com/topic/10912-i-admit-it/I'm sure a lot of you have heard about this already, and I know full well that people have broken themselves in the past doing the same type of thing, but this guy is a student and put his loan on at 1.01. Sick.
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« Last Edit: January 12, 2010, 07:37:19 PM by Sighmuns »
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DaveShoelace
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« Reply #1 on: January 12, 2010, 01:52:52 PM » |
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Zero sympathy, what a stupid thing to do for £44.
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Bongo
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« Reply #2 on: January 12, 2010, 01:54:21 PM » |
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Just makes him more of an idiot in my eyes, he's gambled his education (he says it cost him his place at uni) for £44...
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Do you think it's dangerous to have Busby Berkeley dreams?
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TheChipPrince
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« Reply #3 on: January 12, 2010, 01:56:02 PM » |
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Surprised people were still offering 1.01 tbh.
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The harder the conflict, the more glorious the triumph.
RIP- TheChipPrince - $17,165
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maccol
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« Reply #4 on: January 12, 2010, 02:01:30 PM » |
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HOAX
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Embracing the variance.
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Sighmuns
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« Reply #5 on: January 12, 2010, 02:05:54 PM » |
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HOAX
I v.much doubt it's a hoax tbh. I see people trying to buy money all the time on Betfair, and while I would never ever ever ever consider doing it myself, it is surprising that 1.01 was still being offered at 4-0...
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AndrewT
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« Reply #6 on: January 12, 2010, 02:08:03 PM » |
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HOAX
I v.much doubt it's a hoax tbh. I see people trying to buy money all the time on Betfair, and while I would never ever ever ever consider doing it myself, it is surprising that 1.01 was still being offered at 4-0... Don't see why. Out of all the football teams who have been 4-0 with 15 minutes to go over the past 20 years, how many of them do you think didn't win? I bet it's way less than 1% - hence laying 1.01 is a good bet. The only fail here was bankroll management.
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Sighmuns
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« Reply #7 on: January 12, 2010, 02:15:06 PM » |
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I wasn't talking value-wise really; I spend all day looking at Sports markets at work, and generally due to all the people attempting to buy money at the 1.01's and 1.02's the prices don't tend to hold for long.
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redarmi
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« Reply #8 on: January 12, 2010, 02:17:48 PM » |
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1.01 at 4-0 up with 20 mins or so to go seemed like value to me. I have a minimum 4% value needed to bet anything so could never get involved in a 1.01 anyway but it probably wasn't the worst bet valuewise. In terms of bankroll management however.......
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maccol
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« Reply #9 on: January 12, 2010, 02:18:56 PM » |
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Check last page on linked thread.Guy admits he made it up.
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Embracing the variance.
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Sighmuns
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« Reply #10 on: January 12, 2010, 02:35:29 PM » |
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Check last page on linked thread.Guy admits he made it up.
Meh... guess the thread can be deleted then... It's a far better story if a guy actually blew his student loan on the bet, instead of rich everyday 1.01-backers. I'm not sure how much was actually traded at 1.01, but I hear that £39 was traded at 1000 on the draw.
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Royal Flush
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« Reply #11 on: January 12, 2010, 04:31:06 PM » |
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1.01 seems incred value to me at 4-0, doubt that was available.
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[19:44:40] Oracle: WE'RE ALL GOING ON A SPANISH HOLIDAY! TRIGGS STABLES SHIT!
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Nico29
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« Reply #12 on: January 12, 2010, 04:42:44 PM » |
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1.01 wld never be available at 4-0 with that long left, if at all ever at 4-0- simples.
What a stupid thing to make up.
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« Last Edit: January 12, 2010, 04:44:50 PM by Nico29 »
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rossfourfive
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« Reply #13 on: January 12, 2010, 04:57:41 PM » |
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1.01 wld never be available at 4-0 with that long left, if at all ever at 4-0- simples.
What a stupid thing to make up.
It was an amazing thing to make up considering the amount of people that fell for it and how quickly it spread.
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maccol
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« Reply #14 on: January 12, 2010, 05:09:47 PM » |
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Yeah,apparently if it had been true he would have turned an overall profit from media deals. 
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Embracing the variance.
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