Tonybet – Marine Le Pen 10/1

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    RyanB 16

    I just thought i’d try £250 so deposited that amount, wish i’d gone more now as no clue what my max is.

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    Chris 24

    I got £300 on, didnt want to try more as I need the money in the exchange for the weekend.

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    matchedbetsjon 0

    Now boosted again to 11/1!!
    Laying at 9.2 not much liquidity tho

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    jameslegg97 11

    The lay has been hovering around 9 this afternoon. One of those things – it was hovering at 10 most of last night. Locked in at 9.6 here with overlay.

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    matchedem
    Blocked
    10

    Are they going to go bankrupt if the bet actually wins? Usually bookies lay off their liabilities but how can they when even on the exchanges its 9.0

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    jameslegg97 11

    Yeah – I mean whilst I feel that this would be a bigger upset than Brexit/Trump due to round one vote, it’s obviously not impossible, so they look to be setting themselves up for a big fall? Particularly since they’re obviously attracting so much business on it, so their liabilities must be huuuge.

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    RyanB 16

    I would have thought they’d have had a limit on liability and cut the price when its reached surely?

    It is quite worrying as if she did win like you say the amount they must stand to lose is huge…lets hope for our sake she doesn’t win as I can imagine there are quite a few people like myself who have lumped on this.

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    feltt1p 7

    Feels like they’re going shit or bust after losing a ton on brexit and trump. Good luck if it wins, I’ve passed.

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    RyanB 16

    I’ll be screwed if it wins and they don’t pay out or go bust

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    sub_tone 0

    http://www.bbc.co.uk/news/world-europe-39801315

    She is not doing herself any favors, seems to be struggling with the head-to-head debates and polls and strengthening against her………. but the same could have been said for Trump!!

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    matchedem
    Blocked
    10

    Little tip for those on this like me….plenty of sites seem to have the opposition at 1.125 vs a smarkets price of 1.12

    Easy small profit, but more so ease any liabilities on smarkets (assuming u have a thousand of so sat in 1 of said bookies like dog did)

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    RyanB 16

    Yup Polls mean nothing, starting to think this is gambling as id be worried Tonybet wouldn’t pay up/go bust.

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    Deep 1

    Which bookies mate?

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    a 3

    they will pay out. I think they’re owned by a Russian guy worth 30 odd million and a member of European parliament. he’s maybe hedging against his other non-gambling interests with what would potentially happen to the euro and all.

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    betman 41

    I think that theory is the wrong way round as tonyb etc (my phone doing a matchedem) would be paying out if the less stable option won
    Bookies can lay off against each other too, seems unlikely but they may have taken a liability on macron at a favourable price so can afford to boost le pen for cheap promotion…. I mean who knew how much they had in their tonyb etc accounts till this offer?! (Aside from those who clear to zero)

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