The Lounge is rated Safe For Work. If you're about to post something inappropriate for a shared office environment, then don't post it. No ads, no abuse, and no programming questions. Trolling, (political, climate, religious or whatever) will result in your account being removed.
4 to1 is 80% chance, ain't it ? That's quite optimistic. I would have said 0.1%, e.g. someone eventually breaks a body part of their choice of Neymar - so that all that faking comes true - in case they would stand a infinitesimal chance to beat Brazil on their way.
The odds are a reflection of the amount of money being bet on England to win and not based on the real possibility of this happening. As a large part of England is currently going football mad the amount of money being bet on an England win must be rising incrementally.
The bookies have to be careful they make a profit out of this.
Well, yes, the effect is always visible on markets for national teams and never more so than with football.
My suspicion is that there's a very healthy living to be made from simply laying against wins for your national teams and sporting icons, but I'm also pondering the notion of cross-border matched betting - e.g. I lay England in England at a really low price and someone in another country (let's say Spain) backs them at a more realistic one creating a pretty huge arbitrage. We'd then reverse the process if say, Rafa Nadal is playing.
I'm just curious as to how large the effect is, my suspicion is that it's massive - I'd have thought that England would be more realistically priced at somewhere around 15.0, so would love to know what's happening on the exchanges around the world.
There are certainly many bookies here who use multiple brands - groups of several sites that carry exactly the same prices.
As for looking over shoulders, I've always loved watching race course bookies (particularly back in the day of chalk-boards, tic-tac and no mobiles). They say that information can't travel faster than the speed of light, but it can!
Yep! Back in the day, I worked on a lot of the on- and off-track betting systems round Australasia. "Field observation" was always a lot of fun. Bookies and punters, assorted touts and spivs ... "colourful racing identities" was about as far as the press could go in describing them.
Software rusts. Simon Stephenson, ca 1994. So does this signature. me, 2012
I expect to see a video with compilation errors on programming forums.
Stage 1. Moron calls compilation errors "Intellisense errors".
Stage 2. Moron sends them as an image.
Stage 3 (coming soon). Moron makes a video using smartphone and sends it to programming forum. Annoying music is a bonus.