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View Full Version : sorry Lambo...Paddy Power already paying off election bets with

sammy the sage
10-20-2016, 08:56 PM
Hildabeast as the winner...they're still taking "props"...

Good advertisement for them I guess....
ElKabong
10-20-2016, 09:01 PM
Dewey Defeats Truman ;)
PaceAdvantage
10-21-2016, 01:13 PM
Not the first time they've pulled this PR stunt...
Tor Ekman
10-21-2016, 03:23 PM
They often pay off early knowing that enough suckers will turn around and lose it right back . . . it's all about cash flow
Valuist
10-21-2016, 07:21 PM
They often pay off early knowing that enough suckers will turn around and lose it right back . . . it's all about cash flow

I have heard that as well.

I wonder if they paid off Brexit "stay" bets?
davew
10-21-2016, 08:37 PM
Hildabeast as the winner...they're still taking "props"...

Good advertisement for them I guess....

Is it at original bet odds? or is there a discount premium?
horses4courses
10-21-2016, 09:02 PM
They often pay off early knowing that enough suckers will turn around and lose it right back . . . it's all about cash flow

You are correct, sir.

Between the positive cash flow effect,
and the free publicity, it's a master PR stroke. :ThmbUp:

Full odds are paid.
sammy the sage
11-09-2016, 06:17 AM
Congrats Lambo :jump: :ThmbUp:

Wonder if paddy power goes BROKE....double pay...AT DOUBLE or more odds...

somebody posted...cash flow...anybody backing Trump better collect fast !!!
davew
11-10-2016, 08:43 AM
it cost them $4 million EUR paying both sides - looks like they did not really balance their books and relied on their probability predictions

https://www.pokernews.com/news/2016/11/paddypowers-premature-political-payout-cost-4-million-26312.htm