Ill informed article by Wild Bill

[SkyMasterson+]

Must say that the article on the front page from Wild Bill must be the most uninformed article I have ever read at the RX.

In terms of handle in the world probably 75%+ of soccer action is on the asian lines. This often has a hold percentage of less than 2% with pinnacle and WWTS to name but two offering less than a 10c line. 3 way betting is strictly for the squares and very few professionals or savvy bettors touch it these days.

Sorry Bill but not up to your usual high standards.

Sky

 

[TheGeneral+]

We all have bad days. Bill has more good reads than bad.

 

[JimFiestSux]

Sorry Rob, Took it the wrong way you're correct I'm a jerk!

 

[JimFiestSux]

Woops, wrong place!!

 

[Dante]

YOU crack me up JIMMY!!!!!!!!!!!!!!!!! LOL

 

[TheGeneral+]

LOL Jim

 

I don't beleive that Asian lines handle 75% of action, it's coming more and more popular, but handle is still a lot under 50%.

 

[SkyMasterson+]

75% is conservative. Arguably more than 75% of money bet on soccer is bet in asia and that is probably 95% on asian lines.

 

[peskypup]

Sky, where is the hard data to back up these claims?

This has been a great week for the mainland UK books such as Hills (largest market cap book in the world I believe), Ladbrokes & Corals. Better than the 02 World Cup which was massive.

90% plus of these bets will have been real mug bets, typically on England to win at shockingly mean prices.

As with many competitive markets - cars, CDs, clothes, golf clubs to name just a few - in betting the US market is much more competitve, Europe is high margin AND high turnover.

Thank God for Betfair!

 

[SkyMasterson+]

Of course there is no hard data as the asian market is illegal but I have worked in both markets and in UK (betfair excepted) there are rarely 10k bets laid. In Asia bets of $1m are commonplace. Asia is by far the bigger market and there asian handicaps rule.