Wednesday, June 03, 2009

Lay off Button/Brawn bets made with UK bookies.

Those who follow my blog will know I was heavily involved with Button/Brawn pre-season at 'fancy' prices after the testing at Jerez. I believe that the next 2 races (Turkey/UK) will suit the Ferrai & Red Bull teams so I am taking the opportunity to lock in the profit made on bets with UK bookies (bets I am confident will be paid out if they win). I've therefore had the follwoing bets:

Original UK bets:

2pts Brawn at 80/1 (Corals)
4 pts E/W Button at 40/1 (Corals), 1.5 pts E/W 40/1 Button (Boylesports), 1 pt Win Button at 40/1 (William Hill)
(all Max Bets allowed online)

Layoff bets - Brawn:

8 pts at 13/2 with Stan James for Brawn NOT to win the F1 Chmaionship (this was a special price quoted on request from me). (Max allowed).
Lay at 1.23 won Brawn at Betfair to win 80 pts is Brawn do NOT win (risk of 18 pts).

If Brawn Win (1/4 chance), I win 160-8-18=134 (=£3.35K)
If Brawn Lose (4/1 chance), I win 52+80-2=130 (=£3.25K)

Layoff bet - Button:

44 pts at 4/1 on Button with William Hill NOT to win F1 Championship (thsi bet iss availible online, a great price as the Betfaire lay price is 1.33)

If Button wins (1/4 chance), I win 260+55-44=271 (=£6.78K)
If Button loses (4/1 chance), I win 176-12=164 (=£4.1K)

I have not include the US bookmakers for certain reasons that will become clear ... the phrase 'papable error' is coming into play :(

8 comments:

Anonymous said...

great work, shame on those bookmakers, how many points was button clear before they realised their "palpable error"

christrinder said...

I backed Jenson Button at SBG GLobal at 70/1 pre season (£200 to win £14K). They called me after the 1st 2 races (which Jenson Button both won) to offer me even money.

To say I'm unimpressed is an understatement. Anyone any ideas of how I can get them to payup?

Anonymous said...

contact bill dozer at www.sportsbookreview.com may not get paid but will get them some bad press

christrinder said...

I've done that, he has ruled against them. (There is an article about it on his site). Doesn't seem to have had any affect.

Anonymous said...

Chris,
Why dont you try the power of the BBC. Check out The One Show website & send a message to Dom. Might be more their sort of thing ahead of Watchdog.

Anonymous said...

I had a long debate with SBG with various members of staff at different levels about this issue and everytime I was getting somewhere building an argument they all immediately ended the conversation after spouting some bull about the line from Vegas was wrong. Unfortunately I guess that any publicity is good publicity as far as those jokers are concerned.

Anonymous said...

contact a specialist lawyer?? no win no fee

MARK BELLEW said...

I will give you a good tip Chris stay away from any of these off shore bookmakers and especially any Yank ones or shoukld i say Wank ones.

Rgds M