perhaps i dont know everyhting about the betting market mate. Ok i admit im not clued up on a lot of stuff you put up.
but i think we are talking two different points, the bookies drop the odds if people put money on the outcome, because why would they bet on the outcome if they didn't think there was a chance of happening? More people do it, you want to lower them odds because if 100 people pet at 50/1 you stand to lose more than if you lower it down to 5/1 before that 100 get all their bets on.
We aren't mate, I'm sorry but we aren't.
It's all very off topic now so I'm going to have dip out of it at this point. Please though, take an hour to read up about this stuff before going forward with it.
Let me give you on final example. I once saw a bloke go into a bookies and say 'I want a price, not just on Sam Allardyce to be the next Newcastle manager. but also the day and timing of his press conference'. He was utterly amazed that the major high street firm wouldn't lay him a price - surely it would be decent if he could be that specific? If you could do exact lengths and race time for a horse to win, surely those odds would be much better than a straight win??
Totally and utterly different markets. In a market like this, I would be amazed if any bookmaker would lay 100 bets at 50/1. Just would not happen. The price wouldn't 'go down' - the market would be suspended and artificially adjusted.
