Bets on Ivey winning 2009 WSOP Main Event increase online
http://www.wedoitallvegas.com/Articles/articles/5329/1/Bets-on-Ivey-winning-2009-WSOP-Main-Event-increase-online/Page1.html
By News Updates
Published on 10/28/2009
Online sportsbetting site PartyBets.com reports a significant growth in
the amount of bets on Phil Ivey winning the WSOP Main Event in Vegas.
Despite the fact that Ivey is seventh in chips in the November Nine,
his odds on taking down the tournament are only 5/1, making him third
favorite.
Online sportsbetting site PartyBets.com reports a significant growth in the amount of bets on Phil Ivey winning the WSOP Main Event in Las Vegas. Despite the fact that Ivey is seventh in chips in the November Nine, his odds on taking down the tournament are only 5/1, making him third favorite.
Ivey didn't start the tournament series among the favorite players according to most oddmakers, PartyBets listed Ivey up at 175/1 to win the Main Event, however, his odds improved after winning two bracelets, moving to 100/1 as the Main Event got underway, and from there to 50/1 and finally 5/1.
"Ivey will be a terrible result for us and we think that the industry as a whole will have massive liabilities. A big name on the final table of the World Series of Poker is always bad news for bookmakers and in fairness they don't come much bigger than Ivey. 175/1 as a starting price for any player in a field of 6,494 players is short to say the least – his true odds could have been double that but we had to price him prohibitively short because punters back the name. We have our fingers crossed that he doesn't pull off a remarkable comeback. The bottom line is that for us it has to be anybody apart from Ivey. I'm sure we're not the only ones quaking in our boots – it doesn't take long to get six figure liabilities with three figure prices. This would be the worst poker result for a bookmaker in history. Imagine the fear of those that Ivey may have backed himself with, they'll make our concerns look trivial!" a PartyBets.com spokesman.
Party Bets has chip leader Darvin Moon listed as the 3/1 favorite to take this year's Main Event Bracelet, followed by Eric Buchman at 4/1 and Ivey at 5/1. Ivey only has 265,000 more chips than France's Antonie Saout, however Saout is a 16/1 shot. UK's James Akenhead is listed at 14/1. A Shulman double, with Jeff joining Barry as a WSOP Main Event winner this year is priced at 6/1.
Other props for the WSOP Main Event final table available on Party Bets include winning hand and color of the final river card. For more information, please visit PartyBets.com.
Ivey didn't start the tournament series among the favorite players according to most oddmakers, PartyBets listed Ivey up at 175/1 to win the Main Event, however, his odds improved after winning two bracelets, moving to 100/1 as the Main Event got underway, and from there to 50/1 and finally 5/1.
"Ivey will be a terrible result for us and we think that the industry as a whole will have massive liabilities. A big name on the final table of the World Series of Poker is always bad news for bookmakers and in fairness they don't come much bigger than Ivey. 175/1 as a starting price for any player in a field of 6,494 players is short to say the least – his true odds could have been double that but we had to price him prohibitively short because punters back the name. We have our fingers crossed that he doesn't pull off a remarkable comeback. The bottom line is that for us it has to be anybody apart from Ivey. I'm sure we're not the only ones quaking in our boots – it doesn't take long to get six figure liabilities with three figure prices. This would be the worst poker result for a bookmaker in history. Imagine the fear of those that Ivey may have backed himself with, they'll make our concerns look trivial!" a PartyBets.com spokesman.
Party Bets has chip leader Darvin Moon listed as the 3/1 favorite to take this year's Main Event Bracelet, followed by Eric Buchman at 4/1 and Ivey at 5/1. Ivey only has 265,000 more chips than France's Antonie Saout, however Saout is a 16/1 shot. UK's James Akenhead is listed at 14/1. A Shulman double, with Jeff joining Barry as a WSOP Main Event winner this year is priced at 6/1.
Other props for the WSOP Main Event final table available on Party Bets include winning hand and color of the final river card. For more information, please visit PartyBets.com.