I’m not that up on gambling, but what are the expected wins on these bets? £1000 or 10x that?
It just seems so stupid to me, so I’d expect it to be for top dollars.
The guy who put £100 on stood to gain £500. So, they don't seem to be good at risk/reward assessments.
I imagine with some it'll be the thrill of having secret inside knowledge and then affirming it by playing "I know something you don't" with the bookies and the guaranteed money was just a bonus.
@kl started
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I’m not that up on gambling, but what are the expected wins on these bets?
£1000 or 10x that?
It just seems so stupid to me, so I’d expect it to be for top dollars.