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Major betting coup against Sky

edited February 2012 in Betting Chat
The FA Trophy. Not everyone will have heard of it but it's basically the FA cup for non-league teams.

Sky bet are the only bookmaker offering odds on Chester to win it. The others aren't offering odds against Chester because they recognise they could get hit. Chester are a former league team who have become a 'phoenix' non-league club (they got expelled from the league then reformed. Easily better than non-league teams). They easily got promoted last season and are currently top of the league below Blue Square. They're a very good non-league side and are awash with money.

Sky stand to lose over a million if Chester win and are still offering 66/1 (a million on one book in non-league football is MASSIVE). The original odds were 200/1 but a lot of people have piled in (not for massive bets, but for £20 and £50).

Get on NOW! I've had £50 at 150/1



«1

Comments

  • edited December 2011
    Good spot - Stuck a couple of quid on them at 66/1
  • edited December 2011
    From a Chester FC Forum:

    QUOTE
    To those who don't bet this won't mean a lot. But to those who do, this is BIG.

    Skybet are standing over £1million of losses if we win the FA trophy. This is directly from the horses mouth.

    They offered us originally at 200/1 (so they claim, I don't know anyone who got on at 200/1) and have seen "a flood" of bets on us at 150/1, 125/1, 100/1 and 66/1. No other bookie will offer odds on us because they can't judge how good we are against Blue Square sides. This "flood" is mainly made up of tenners and twenties, but they've had enough to be staring down a million pound barrel.

    Sky still don't believe that a non-conference side can possibly win, but our odds are going to be cut to 33/1.
    UNQUOTE

    Chester are as good as any non-league side and are seriously over-priced. They're also the richest non-league side by a mile.
    Every other bookie but Sky knows there's something going on and won't offer odds on them (check it out on oddschecker).

    Get on now.
  • edited December 2011
    CHEERS MATE GOTTA BE WORTH A TENNER OF ANYONES MONEY
  • edited December 2011
    SKY ARE A LOAD OF GIRLS!!!

    I just tried to put on a £200 bet on Chester at 66/1 and they nulled the bet! They said the maximum bet they would take is 60 quid.
    So I said "Ok, I'll have 60 quid at 66/1, and they said that the odds had just changed to 50/1!"

    Big girls blouses!

    It's now 50/1
    http://www.skybet.com/betting/football/fa-trophy/fa-trophy-2011-2012/e13286251.html
  • edited December 2011

    The maximum they will now take is 75 quid at 40/1.

    FOOK me! This is happening quickly!


  • edited December 2011
    In Response to Re: Major betting coup against Sky:
    The maximum they will now take is 75 quid at 40/1. FOOK me! This is happening quickly!
    Posted by BigBluster
    YEAH I GOT 66/1 JUST BEFORE I POSTED ON HEAR WILL BE INTERESTING TO SEE HOW LONG TILL SKY TAKE THEM OUT OF THE BETTING
  • edited December 2011
    gotta be 40/1 for a reason i love my footy but they got a 40/1s chance of winning it lol
  • edited December 2011
    In Response to Re: Major betting coup against Sky:
    gotta be 40/1 for a reason i love my footy but they got a 40/1s chance of winning it lol
    Posted by IDONKCALLU
    You're completely missing the point mate. In these days of betting exchanges you can always lay them off.
    Those guys who got 66 can lay it off at 40 and make a killing.
  • edited December 2011
    Coral now laying at 66/1

    FML
  • edited December 2011
    WON 5-1 AWAY IN THE FIRST ROUND ON SATURDAY
  • edited December 2011
    can't find a link to FA TROPHY on skybet
  • edited December 2011
     i cant find a link to fa trophy
  • edited December 2011
    In Response to Re: Major betting coup against Sky:
     i cant find a link to fa trophy
    Posted by kennybad
    Corals are offering 50/1.  I got 66/1 last week so they have obviously come down after their win at the weekend.
  • edited January 2012

    Skybet are now 20/1 on Chester

    http://www.skybet.com/betting/football/fa-trophy/t871.html

    All you lucky guys who got on at 66 (or even 200 or 150 for the select few) can now cash in.

  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    Skybet are now 20/1 on Chester http://www.skybet.com/betting/football/fa-trophy/t871.html All you lucky guys who got on at 66 (or even 200 or 150 for the select few) can now cash in.
    Posted by BigBluster
     anyone know Whens the next round?
  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    Skybet are now 20/1 on Chester http://www.skybet.com/betting/football/fa-trophy/t871.html All you lucky guys who got on at 66 (or even 200 or 150 for the select few) can now cash in.
    Posted by BigBluster
    I am a noob at betting, how do people go about cashing in due to the odds changing?

    Would be nice to know for next time there's a good money making post like this : )
  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    In Response to Re: Major betting coup against Sky : I am a noob at betting, how do people go about cashing in due to the odds changing? Would be nice to know for next time there's a good money making post like this : )
    Posted by Poker_Fail
    THERE ARE TWO WAYS TO CASH IN ON A BET LIKE THIS

    1. IF SAY YOU HAVE £200 AT 200/1 YOU HAVE £40,000 COMING IF THEY WIN IT. YOU CAN BET SMALLER AMOUNTS ON THE REST OF THE FIELD TO COVER YOU INITIAL BET OR BETTER STILL ENSURE YOU MAKE A FEW GRAND BY SPLITTING £20,000 ON THE REST OF THE TEAMS THAT WAY YOUR EITHER £20,000 UP IF CHESTER WIN OR £4,000 OR £5,000 IF THEY DONT.

    2. LAY (OFFER ODDS) ON ONE OF THE BETTING EXCHANGE SITE AT LOWER ODDS THAN YOUR ORIGINAL BET I.E 20/1 THIS WAY YOU ARE GUARANTEED £2,000 BACK MINUS THE EXCHANGES COMMISSION.

    THE LONGER YOU HOLD YOUR NEVRE BY NOT LAYING IT OFF THE MORE YOU MAKE. THE RISK WITH THIS IS IF CHESTER GO OUT AND YOUVE NOT LAYED ENOUGH OFF YOUR IN BIG TROUBLE!
  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    In Response to Re: Major betting coup against Sky : THERE ARE TWO WAYS TO CASH IN ON A BET LIKE THIS 1. IF SAY YOU HAVE £200 AT 200/1 YOU HAVE £40,000 COMING IF THEY WIN IT. YOU CAN BET SMALLER AMOUNTS ON THE REST OF THE FIELD TO COVER YOU INITIAL BET OR BETTER STILL ENSURE YOU MAKE A FEW GRAND BY SPLITTING £20,000 ON THE REST OF THE TEAMS THAT WAY YOUR EITHER £20,000 UP IF CHESTER WIN OR £4,000 OR £5,000 IF THEY DONT. 2. LAY (OFFER ODDS) ON ONE OF THE BETTING EXCHANGE SITE AT LOWER ODDS THAN YOUR ORIGINAL BET I.E 20/1 THIS WAY YOU ARE GUARANTEED £2,000 BACK MINUS THE EXCHANGES COMMISSION. THE LONGER YOU HOLD YOUR NEVRE BY NOT LAYING IT OFF THE MORE YOU MAKE. THE RISK WITH THIS IS IF CHESTER GO OUT AND YOUVE NOT LAYED ENOUGH OFF YOUR IN BIG TROUBLE!
    Posted by BADBOY985

    well maybe  not in big trouble, you'll lose your 2 hundred quid............ or the equivalent of Portsmouth F.C !!!!  ; ) sorry could'nt resist!!!
  • edited January 2012

    dont give up the day job

    also if you havent laid off correctly you would loose over £200

  • edited January 2012

    it was clearly a joke lighten up.............. theres no way Pompey are worth 200 quid

  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    dont give up the day job also if you havent laid off correctly you would loose over £200
    Posted by BADBOY985
    THE LONGER YOU HOLD YOUR NEVRE BY NOT LAYING IT OFF THE MORE YOU MAKE. THE RISK WITH THIS IS IF CHESTER GO OUT AND YOUVE NOT LAYED ENOUGH OFF YOUR IN BIG TROUBLE!

    these 2 statements are in complete contradiction so just thought I would bring them to your attention - the initial statement to which I quite rightly stated max to lose is 200 quid is correct - Chester cannot win competion once their out (unless they enter X factor) and therefore max you can lose and i quote "for holding your nerve and not having laid enough" is 200 quid.  thank you
  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    In Response to Re: Major betting coup against Sky : THERE ARE TWO WAYS TO CASH IN ON A BET LIKE THIS 1. IF SAY YOU HAVE £200 AT 200/1 YOU HAVE £40,000 COMING IF THEY WIN IT. YOU CAN BET SMALLER AMOUNTS ON THE REST OF THE FIELD TO COVER YOU INITIAL BET OR BETTER STILL ENSURE YOU MAKE A FEW GRAND BY SPLITTING £20,000 ON THE REST OF THE TEAMS THAT WAY YOUR EITHER £20,000 UP IF CHESTER WIN OR £4,000 OR £5,000 IF THEY DONT. 2. LAY (OFFER ODDS) ON ONE OF THE BETTING EXCHANGE SITE AT LOWER ODDS THAN YOUR ORIGINAL BET I.E 20/1 THIS WAY YOU ARE GUARANTEED £2,000 BACK MINUS THE EXCHANGES COMMISSION. THE LONGER YOU HOLD YOUR NEVRE BY NOT LAYING IT OFF THE MORE YOU MAKE. THE RISK WITH THIS IS IF CHESTER GO OUT AND YOUVE NOT LAYED ENOUGH OFF YOUR IN BIG TROUBLE!
    Posted by BADBOY985
    Do you have to do this on a different site then? if so any reccomendations?

    Thanks for the info : )
  • edited January 2012
    how can you bet on every 1 else and win u cant the bookies alays have an edge its not 100 per cent usually 120 per cent so bookies get an extra 20 per cent for instance in a grehound race should all be 5/1 agreed because its a 6 dog race and should be 5/1 each but its not u be lucky if u get 7/2 the field i worked in a bookeies for 5 years i know how this works u might aswell just let ya bet ride on chester u wnt be profitable betting all the other teams in the competition trust me 
  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    how can you bet on every 1 else and win u cant the bookies alays have an edge its not 100 per cent usually 120 per cent so bookies get an extra 20 per cent for instance in a grehound race should all be 5/1 agreed because its a 6 dog race and should be 5/1 each but its not u be lucky if u get 7/2 the field i worked in a bookeies for 5 years i know how this works u might aswell just let ya bet ride on chester u wnt be profitable betting all the other teams in the competition trust me 
    Posted by IDONKCALLU
    as i understand it your original bet at 100/1 would not effect the bookies pecentage if the current price is 20/1.
    i get your point about not laying it off ive got £10 at 66/1 and would only look at laying it if they get to the semfinals.
    the original question was asking how you could make money on the bet but as you well know its always a big could
  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    In Response to Re: Major betting coup against Sky : Do you have to do this on a different site then? if so any reccomendations? Thanks for the info : )
    Posted by Poker_Fail
    yes somewhere like betfair
  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    In Response to Re: Major betting coup against Sky : THE LONGER YOU HOLD YOUR NEVRE BY NOT LAYING IT OFF THE MORE YOU MAKE. THE RISK WITH THIS IS IF CHESTER GO OUT AND YOUVE NOT LAYED ENOUGH OFF YOUR IN BIG TROUBLE! these 2 statements are in complete contradiction so just thought I would bring them to your attention - the initial statement to which I quite rightly stated max to lose is 200 quid is correct - Chester cannot win competion once their out (unless they enter X factor) and therefore max you can lose and i quote "for holding your nerve and not having laid enough" is 200 quid.  thank you
    Posted by BELL_POKER
    if you start laying the bet off you have to risk more money if you dont cover all the possible winners corretly you
    would loose more than £200.
    the longer you dont lay off, the shorter odds you can offer if chester get to the semis the maximum price you would have to offer would be about 3/1 so you risk is less and reward is more at the semi final stage
  • edited January 2012
    like you say its not worth laying it off unless chester can get to the semi finals 
  • edited January 2012
    In Response to Re: Major betting coup against Sky:
    In Response to Re: Major betting coup against Sky : if you start laying the bet off you have to risk more money if you dont cover all the possible winners corretly you would loose more than £200. the longer you dont lay off, the shorter odds you can offer if chester get to the semis the maximum price you would have to offer would be about 3/1 so you risk is less and reward is more at the semi final stage
    Posted by BADBOY985
    I'm confused!
    If you have £50 at 150/1 to win you have a potential £7,500 return
    If you opened a betfair account and laid Chester at 20/1 up to £200 with a liability of £4,000
    you can at least ensure a £200 return if they lose and £3,700 return if they win
    or am I missing something?
  • edited January 2012
    You people would seriously use betfair after what they did? £23mil (ish) and all bets are void.
  • edited January 2012
    That was a well iffy situation! if you have a horse cross the the line and can still get 28/1 on it!!! I tried it for £10 but knew i probably wouldn't get paid out on it! but just in case!!!!made the bet.
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