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Liverpool Bet Cash Out?

2

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  • HAYSIEHAYSIE Member Posts: 35,884
    edited May 2022

    If you're gonna cash out, you'd do it before tonight's game.

    Liverpool win and the cash out maybe increases ever so slightly.
    Liverpool draw and the cash out will decrease massively.
    Liverpool lose and it's game over.

    Would they offer a cash out after a draw tonight?
    The draw would mean Man City have to lose their last game, and Liverpool would have to win by 8, on top of winning The Champions League.
  • EssexphilEssexphil Member Posts: 8,782
    HAYSIE said:

    If you're gonna cash out, you'd do it before tonight's game.

    Liverpool win and the cash out maybe increases ever so slightly.
    Liverpool draw and the cash out will decrease massively.
    Liverpool lose and it's game over.

    Would they offer a cash out after a draw tonight?
    The draw would mean Man City have to lose their last game, and Liverpool would have to win by 8, on top of winning The Champions League.
    Probably, about £20.00 :)

    To my mind, the only question mark would be to cash out now or tomorrow-when I think the cash out should go up to about £30k. Think I would cash out now.

    The odd thing is that, even though the actual bet remains the same, the numbers change things. So, for example, it the bet was only 1/1000 of the size, I (and many others) would punt £22.00, but never consider £22k.

    But it is the same bet...
  • TheEdge949TheEdge949 Member Posts: 5,686
    Also I think that Liverpool to beat Real at 11/10 is massively underpriced. At least the bet will pay even if it goes to E.T. or penalties.

    agree that £22 to win £367 representing odds of 16.6/1 might be a bet some would let run but consider the 4 results required to make this happen and their odds

    Liverpool to beat Southampton 1/3
    Liverpool to beat Wolves 1/6
    Villa to beat Man city 15/1
    Liverpool to beat real Madrid 11/10

    a £22 acca would return £1,149.75 so even with that example we see why cash outs are so -EV.

    Odds used were Betfair as at 11.50 today.
  • EssexphilEssexphil Member Posts: 8,782

    Also I think that Liverpool to beat Real at 11/10 is massively underpriced. At least the bet will pay even if it goes to E.T. or penalties.

    agree that £22 to win £367 representing odds of 16.6/1 might be a bet some would let run but consider the 4 results required to make this happen and their odds

    Liverpool to beat Southampton 1/3
    Liverpool to beat Wolves 1/6
    Villa to beat Man city 15/1
    Liverpool to beat real Madrid 11/10

    a £22 acca would return £1,149.75 so even with that example we see why cash outs are so -EV.

    Odds used were Betfair as at 11.50 today.

    It's not quite as bad as that. On the set of results you pick, it is necessary to include Villa drawing with City.

    If we take oddschecker's odds for the title, it is City 1/9, Liverpool 37/5 (spot the massive difference between the 2 clubs' odds).

    So-37/5 x 11/10 is 16.6/1. They've taken their money on the short odds on Liverpool to win the Prem.
  • coo1-umcoo1-um Member Posts: 2,947
    Even if Liverpool do somehow manage to win the league they then have to beat Real Madrid.

    I guess it depends on how much you need the money, the missed opportunity here seems to be on the 6th May. Would they look at it as a 10k loss now.



  • TheEdge949TheEdge949 Member Posts: 5,686
    That makes it even more interesting.

    I know how disgruntled I am when I miss out on a couple of £ by staying in a trade too long. If I was this person I'd be beside myself.

    I always have a predetermined exit point and although this is essentially a bet, once there is a cash out option it has for all intents and purposes become a trade as the figure on offer is subject to change from different influences.

    Can't see any trader whether it be sports, forex, commodities, crypto or stock not trading out on that May 6 figure. 324 x ROI is a traders wet dream and a once in a decade opportunity.

    City score that pen the cash outs almost nowt, West ham hang on for the win it's probably £70k. Fine margins eh?.
  • HAYSIEHAYSIE Member Posts: 35,884

    That makes it even more interesting.

    I know how disgruntled I am when I miss out on a couple of £ by staying in a trade too long. If I was this person I'd be beside myself.

    I always have a predetermined exit point and although this is essentially a bet, once there is a cash out option it has for all intents and purposes become a trade as the figure on offer is subject to change from different influences.

    Can't see any trader whether it be sports, forex, commodities, crypto or stock not trading out on that May 6 figure. 324 x ROI is a traders wet dream and a once in a decade opportunity.

    City score that pen the cash outs almost nowt, West ham hang on for the win it's probably £70k. Fine margins eh?.

    On the 6th it was still in their control.
    On the 7th they drew with Spurs.
    You cant blame him for not cashing out on the 6th.
    Glad they won tonight.
  • DoublemeDoubleme Member Posts: 2,150
    Why dont people just sell their action in these spots maybe not this exact spot as it may be hard to sell action here.
    but if the bookies offer a bad price on cashout and you went to the wider market Their likely would be traders happy yo buy the action etc.
  • HAYSIEHAYSIE Member Posts: 35,884
    Doubleme said:

    Why dont people just sell their action in these spots maybe not this exact spot as it may be hard to sell action here.
    but if the bookies offer a bad price on cashout and you went to the wider market Their likely would be traders happy yo buy the action etc.

    I dont think it is that simple.
    I would agree that this is an unusual bet, rather than the norm.
    The norm is more likely to be where you have the first two winners in a treble, and wish to cash out.
    There are issues surrounding the time allowed to facilitate the "sale", as you may have as little as half an hour before the last leg is "off".
    Other issues would be how you would be able to receive the funds, before transferring ownership of the ticket.
    The current method of just having to click a button in order to cash out would seem much simpler.
  • TheEdge949TheEdge949 Member Posts: 5,686
    Doubleme said:

    Why dont people just sell their action in these spots maybe not this exact spot as it may be hard to sell action here.
    but if the bookies offer a bad price on cashout and you went to the wider market Their likely would be traders happy yo buy the action etc.

    Don't see how that's possible to be honest.



  • lucy4lucy4 Member Posts: 7,939
    Liverpool are still dreaming of completing an incredible quadruple this season.

    Having already claimed the Carabao Cup and FA Cup, Jurgen Klopp’s side now turn their attention to the two biggest trophies – the Premier League and the Champions League.

    The Reds need a massive favour from Steven Gerrard’s Aston Villa in order to claim the title. They have to beat Wolves at Anfield and hope that Villa can take points away from Manchester City at the Etihad.

    Whatever happens on the final day of the Premier League campaign, Liverpool will go into the Champions League final against Real Madrid as slight favourites.

    Even if Liverpool finish the season with the two domestic cups, it has been an incredible eight months for them. Nobody could have predicted that this side could still be in with a chance of winning the quadruple at this stage of the season.

    Well, almost nobody.

    That’s because one fan placed a £100 bet on it happening at the start of the season at odds of 3,671/1.

    We explained last week how one Betfair customer had been offered £22k cash-out for a bet that would win more than £367k.

    And now, the fan in question has given an interview to Betfair – and she has no intentions of cashing out.

    Tanya Hanley from Liverpool put her first ever bet on her favourite side winning all four trophies in August. Her approximate cash-out was as high as £35,140 when Man City were 2-0 down to West Ham at half time last weekend.

    If Liverpool win the title on Sunday, the cash out ahead of the Champions League final will be around £220k!



    But she insists that she's letting it run.

    Why did she place the bet in the first place?

    “I just had a feeling that Liverpool could do it and that something big was going to happen,” she told Betfair. “I had a wager with a friend on it, they had put a bet on it too, then I saw the odds that Betfair had for Liverpool to win all four trophies and I opened an account and placed my first ever bet.

    “My family and friends are constantly asking me about it and checking if I’ve cashed out yet, but I don’t want to cash out. I wasn’t even bothered about knowing what the figure was as I just wanted to keep the bet going.

    “It’s a big amount but I’m not swayed as I believe in them, they’ve come so far. It’s the closest anyone has ever been to winning the Quadruple, I really feel like they could do it.”

    Betfair Spokesperson, Sam Rosbottom said: “We have been in contact with Tanya and she is aware of the Cash Out offer available to her. She is in total control and she knows that she can take the offer if she wishes to.

    “We’ll be keeping in close contact with her through the day on Sunday to make sure that she is up-to-date with the latest Cash Out offer and we wish her good luck for the two key matches.”

    Her dad is a Man Utd fan!

    Tanya has revealed that her father is actually a Manchester United fan and has urged her to take the money and run!

    “I’ve been a Liverpool fan for a few years now, but my Dad is a Man United fan and he’s been telling me that Liverpool are never going to do it,” she said.

    “He’s been telling me to Cash Out since about the second week and he also said that United would beat us when they played each other, but that didn’t happen of course!

    “My Dad’s friend did get me a Liverpool shirt when I was a kid too, and most of his friends are Liverpool fans, so there’s always been that and I have always been drawn to Liverpool as a place, the people and now the club with Jurgen Klopp, he’s amazing, his character and what he does is amazing.

    “Each week I’ve been checking what results Liverpool need to get, and if they need City to lose or draw. It’s definitely made football more exciting for me.

    “I was made up when Mahrez missed the penalty against West Ham, I just think that City drawing that match shows there’s a good chance on Sunday for them to slip up again.”

    Will she cash out?

    So, what’s she going to do on Sunday?

    “If it’s meant to be, it’s meant to be. My Mum can’t sleep thinking about it, my Dad is practically on board now, but everyone is saying I’ve got balls of steel. On the day I think I’ll be a bit more nervous.

    “My predictions for Sunday are Liverpool to win 4-1 and City to draw 2-2.”

    And how will she spend her £367,100 if Liverpool do win the quadruple?

    “If Liverpool do win all four, I’d take the family on holiday and keep the money in the bank,” Tanya said.

    And a final message to Gerrard ahead of Villa’s clash against City?

    “Just get the ball and put it in the goal. It can’t be that hard.”

    Simple as that.
  • HAYSIEHAYSIE Member Posts: 35,884
    edited May 2022
  • TheEdge949TheEdge949 Member Posts: 5,686
    Hmm

  • lucy4lucy4 Member Posts: 7,939
    I wonder what the cash out now is at half time ?
  • Tikay10Tikay10 Member, Administrator, Moderator Posts: 169,701
    lucy4 said:

    I wonder what the cash out now is at half time ?

    @lucy4

    Was just thinking that. Very interesting now.
  • HAYSIEHAYSIE Member Posts: 35,884
    Now its interesting.
  • HAYSIEHAYSIE Member Posts: 35,884
    Steven Gerrard to the rescue?
  • lucy4lucy4 Member Posts: 7,939
    @HAYSIE we need an update ASAP.
  • HAYSIEHAYSIE Member Posts: 35,884
    HAYSIE said:

    Steven Gerrard to the rescue?

    or not.
  • lucy4lucy4 Member Posts: 7,939
    Don't quote me on this but I think the Cash Out is now £000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000.
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