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+--- Thread: paddy Power madness (/showthread.php?tid=7599)
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paddy Power madness - FirebirdPhil - 16-04-2019
well 5 races in and Paddy Power have PAID OUT already............
http://www.thesun.co.uk/sol/homepage/sport/motorsport/3603159/Bookies-pay-out-on-champ-Vettel.html#ixzz1NXLWnoSV
So I for 1 hope Hamilton makes a good 2nd half of season showing just like every previous year he has been in F1 and snatches a 2nd crown..................
paddy Power madness - Sparkystav - 16-04-2019
Publicity, £35k is a drop in the ocean for them
paddy Power madness - DaveEdin - 16-04-2019
Are these the same people who are giving back losing bets on tonights Champions League ?
Does sound like a publicity stunt to me...
paddy Power madness - Sparkystav - 16-04-2019
yeah, but only if Barca win in 90mins, and only certain bets:
If Barcelona win this match in normal time, Paddy Power will refund all losing 1st/Last Goalscorer, Correct Score and Scorecast singles on the match. Conditions
so its not normal "utd to win" bets
paddy Power madness - FirebirdPhil - 16-04-2019
Hmmm interesting way to attract business.
paddy Power madness - parthiban - 16-04-2019
Don't know much about betting, but paying out now and paying out at the end would have no real impact on costs to them right?
So it has to be about publicity - although again I'm not entirely sure what the angle is......
paddy Power madness - FirebirdPhil - 16-04-2019
If money is in my bank I get interest, so loosing interest on 35K is a sizeable loss.
paddy Power madness - Sparkystav - 16-04-2019
Not really, because ive bet theyve made that up on people betting on others already cause you can still bet on that market for all drivers, but they wont pay out till the end of the season.
its only people who bet at the very start
paddy Power madness - parthiban - 16-04-2019
There can't be any financial gain though from paying out early, I'm struggling to understand what the publicity gain is? Is it that people will suddenly think they should go and bet on Vettel as Paddy Power thinks it's a sure thing?
paddy Power madness - Sparkystav - 16-04-2019
No its to get your name out there i think.
How much would newspaper advertising cost? im guessing its pricey for a national when people will prob skip by it. Now they are in a story.
And if someone then wants a bet, what do you go to first? a name you know, "ah paddy power, ive heard of them, seem a good company, ill use them"
thats my take anyway