So what the hell was that gambling site thinking paying out early?

[Tellafriend]

Presuming it was true, wasn't there a report that it paid hillary bets out early? Lol

[Dan Druff]

That was Paddy Power.

I wondered at the time if they hedged.

[snake_in_the_ass]

Presuming it was true, wasn't there a report that it paid hillary bets out early? Lol

They only paid out a million. They got a lot of publicity about it. Worth it to them.

[Brittney Griner's Clit]

Dude is your avatar really that dude with AIDS from that show? That's not something anyone wants to look at every day. You should change it to Ron Dacey. That's the nigga you want to be.

[Brittney Griner's Clit]

Welllllll not you. You are kind of a weird faggot that I'm sure at least socially uses crack. It fits.

[badguy23]

Paddy Power is known for doing crazy shit like that.

[Lord of the Fraud]

Presuming it was true, wasn't there a report that it paid hillary bets out early? Lol

They only paid out a million. They got a lot of publicity about it. Worth it to them.

Correct. Paddy's marketing department is the best in the business.

They've been paying out early on certain wagers for years and it always has the desired effect. Only this time it went global rather than just UK.

[sonatine]

I asked about this a long time ago, apparently there is insurance involved, their risk was minimal and they got a ton of advertising out of it.

[Tellafriend]

Dude is your avatar really that dude with AIDS from that show? That's not something anyone wants to look at every day. You should change it to Ron Dacey. That's the nigga you want to be.

Bubbles didn't have the bug. His boy johnny did.

[Shizzmoney]

Paddy Power to Lose $3.33M from US Elections Wager

Paddy Power is paying out customer bets, done at awful levels, but has almost certainly only done so after hedging on the exchange. A closer look at the volume overlayed with the odds on the chart shows that the vast majority of the action was taken with Hillary’s odds north of 80%, and nearly all of the action came with the odds above 60%. Paddy Power can hedge all of its exposure in the market right now for considerably less than the $1 million it will be paying out; with exchange odds for Trump just below 30%, they would only need to put down a touch less than $300,000 of action on Trump to cover a full payout on Hillary. So not only did the Betfair exchange customers lay high sums for low rewards, the Paddy Power customers laid at least 1-5, probably closer to 1-10 odds to place their bets on Hillary.

http://www.zerohedge.com/news/2016-1...ly-payout-time

[Mintjewlips]

I agree with someone arguing that Trump wasn't a "lock" prior to the election, but to be so confident about Clinton winning and laying huge sums for little returns is a little delusional, thats not even in hindsight.

[sonatine]

Paddy Power to Lose $3.33M from US Elections Wager

Paddy Power is paying out customer bets, done at awful levels, but has almost certainly only done so after hedging on the exchange. A closer look at the volume overlayed with the odds on the chart shows that the vast majority of the action was taken with Hillary’s odds north of 80%, and nearly all of the action came with the odds above 60%. Paddy Power can hedge all of its exposure in the market right now for considerably less than the $1 million it will be paying out; with exchange odds for Trump just below 30%, they would only need to put down a touch less than $300,000 of action on Trump to cover a full payout on Hillary. So not only did the Betfair exchange customers lay high sums for low rewards, the Paddy Power customers laid at least 1-5, probably closer to 1-10 odds to place their bets on Hillary.

http://www.zerohedge.com/news/2016-1...ly-payout-time

Wow.


The game is the game.

[Belly Buster]

Paddy Power to Lose $3.33M from US Elections Wager



http://www.zerohedge.com/news/2016-1...ly-payout-time

Wow.


The game is the game.

Paddy Power are shrewd mofos that's for sure.

[ChipCounter]

How "progressive"

[LarryLaffer]

Dude is your avatar really that dude with AIDS from that show? That's not something anyone wants to look at every day. You should change it to Ron Dacey. That's the nigga you want to be.

yes that's Bubbles from The Wire.

he never got aids though, he got off the junk before it could get him (Sometime in the later seasons) It was his buddy who was basically the catalyst for the entire show who had aids.