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Edit: according to
mooncoin_money there is a payout limit of $200 for this bet on one of the sites. The rest of my post is unnecessary at this point, what insider would give a shit about $200, lol
.......
Freefolk has inspired me to put on my detective cap and see if it is logical or likely that insider betting has greatly affected the odds on sites like bovada. Here's some common arguments I've seen in support of insider betting being the cause of specific character shifts, and why i think they are baseless claims:
- "Insiders can make so much money off of these betting sites":
No, not really. There are individual wager payout limits like
$100,000 at Bovada, and individual player payout limits like
$150,000 in a 24 hour period at BetOnline. While those amounts are nothing to sniff at its hard to imagine many insiders willing to lose their career, personal relationships, and risk a lawsuit if they had any type of contract or NDA with production over that low of a payout.
To even reach those payout amounts a large wager would have to be put down in the first place. For example: to get a payout of $99,964 (the closest to the 100k limit without going over) when brans odds were at +6600 you would have to place a bet of $1492. It is
highly unlikely there was ever an option to place that large of a bet. Entertainment prop bets are a teeny tiny portion of what these online betting sites do. They dont invest the time and money into them that you would need to in order to monitor large bets like that. Oddsshark says the following about prop bets:
Most sportsbooks also spend much less time making sure the lines are sharp on props than they do on more traditional lines such as point spreads, moneylines and OVEUNDER totals. Instead, they usually charge extra juice on props, making it easier for them to profit on these types of wagers.. It is particularly hard to find info on entertainment prop bets because they are such an insignificant part of the business, the sites don't waste much effort on explaining them. The most concrete limit on entertainment prop bets I could find
is in relation to nfl entertainment prop bets: "Also note that some NFL props come with a smaller maximum bet than usual, especially those dealing with entertainment; a cap of $50 is common with these wagers." If they'll only allow you to bet $50 on a super bowl half-time show wager then why would they allow bets 20x that on Game of Thrones? Just not logical.
In the interest of finding out the truth, I contacted Bovada since on-line betting is illegal in my state so I can't place a wager myself and see what the limit is. The entertainment prop bets are so unimportant to Bovada they dont even have information readily available about it to their sports book customer service team, who would be able to break down sports bets for me no problem. So customer service couldnt give me a definitive answer about what the wager limit is for GoT, but they said entertainment bets in general do not reach their game prop bet limits, which
according to this table are mostly in the $500-$1000 range.
If anyone placed a bet on one of these sites and was shown what the max betting limit was we would all love to know.
- "they can make multiple accounts or have friends and family place the bets too":
multiple accounts will likely not pass the sniff test at these sites. They pretty much all use third party companies to verify the identity of customers, definitely use these checks on people placing high wagers, and will absolutely verify info before making a large payout. Someone willing to risk their career for this money would probably read the terms a bit and realize they can't pull off fake accounts.
If they are smart and technologically savy enough to have multiple identities that can hold up against dmv records and the like then wtf are doing messing with game of thrones, their professional scammer asses should already be rich.
Yes, they can have friends and family place bets as well, but the more people you bring into the loop the more likely you are to get caught. Loose lips sink ships. These additional people would also be taking on the tax burden that goes along with large payouts, which many people might not want to do.
- why would so many people be betting on bran if it isn't insider info?:
because people are sheeple. Oddsshark
explains betting against the public as a good strategy becase "The idea behind this betting system is that the public can be easily brainwashed by the media and tends to be wrong more often than not, so the more excited and loaded up they are on one side of a game, the more likely it is that the “smart” wager is taking the opposite side and fading them instead." The public is the people piling on bran, the smat money is to bet against them.
- other general points of interest:
the odds for things like who dies first doesnt line up with known info, which
Excellent_Aerie did a great job of explaining in
this thread. Why would an insider(s) not be using info to make money off those categories?
There are no co-ruling options, which means you could potentially lose money on a winning bet,
as already explained here.
When there has been insider knowledge betting in the past betting has been suspended, end of story. This time around it was suspended, investigated, and re-opened. I'm not looking for the links for that, someone else can search for them if need be.
The prosecution rests it's case, your honor. All hail King Bullshit
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