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Ask The Bookie: Betting On Managerial Markets
Our expert explains the pros and cons of placing a bet on a manager jumping ship...
| Bet: | Returns: | Fulham £19.50 | Draw £34.00 | Stoke City £37.50 |
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| Bet: | Returns: | Fulham £20.00 | Draw £34.00 | Stoke City £38.00 |
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| Bet: | Returns: | Fulham £20.00 | Draw £32.50 | Stoke City £40.00 |
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| Bet: | Returns: | Fulham £19.10 | Draw £35.00 | Stoke City £40.00 |
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| Bet: | Returns: | Fulham £19.70 | Draw £32.50 | Stoke City £35.00 |
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Jul 21, 2010 11:00:00 AM
By David Mole
Betting on football matches is challenging even for the most experienced and avid betting enthusiasts. It can throw up surprises and shocks but compared to betting on managerial markets it's the most stable of pastimes. In a way it's the crown green bowling to the skeleton bob if you like.
Pre-match price swings on football matches can see a price of 7/4 collapse to 6/4 over the course of an afternoon, whereas betting on managerial markets can see a price of 20/1 collapse to 1/10 and swing out to 50/1 the following day all based on rumour and news stories that are released.
A few weeks ago, anyone looking at the Fulham managerial betting market would have seen a clear choice between Sven Goran Eriksson and Ottmar Hitzfeld. Some may have even considered placing large stakes on at least one of the above named candidates to ‘seal in a profit’.
Fast forward to Tuesday of this week and Martin Jol is as short a price as 1.08 and the media is reporting the him as the manager of the Cottagers whilst Ajax haven’t even had a chance to say... well, no chance.
* Betting markets thrown into chaos over Martin Jol saga
The skill in betting on these markets is backing a winner before announcements are made in the media. Ask yourself, do you have an insight? Have you seen or heard something?
Can you interpret an interview like when Roy Hodgson was asked about the Liverpool job in June and he proceeded to talk about what a wonderful club they were and how there had been no contact so far. Reading between the lines was easy, “If they ring me, I’m off... oh and if anyone from Liverpool is watching here is my phone number!”
One final rule, don’t react or believe when bookmakers announce they have “closed the book” or taken a five figure bet on a certain candidate. These are used for PR reasons and it would be tough to pick out the genuine announcements from those that are less so!
When there are so many twists and turns, so many announcements and denials, betting on managerial markets can be exhilarating and rewarding as long as you manage your stakes and your timing is good.
David Mole is Goal.com's Betting and Odds Expert. He has previously worked for Betfred, Victor Chandler, William Hill and Totesport. He can be contacted at betting@goal.com
Place a bet now with Goal.com's official betting partner Titan Bet who are offering an exclusive bet £25 get £25 offer for Goal.com readers
. Odds correct at time of publication. Goal.com encourages all readers who bet to do so sensibly.
Pre-match price swings on football matches can see a price of 7/4 collapse to 6/4 over the course of an afternoon, whereas betting on managerial markets can see a price of 20/1 collapse to 1/10 and swing out to 50/1 the following day all based on rumour and news stories that are released.
A few weeks ago, anyone looking at the Fulham managerial betting market would have seen a clear choice between Sven Goran Eriksson and Ottmar Hitzfeld. Some may have even considered placing large stakes on at least one of the above named candidates to ‘seal in a profit’.
Fast forward to Tuesday of this week and Martin Jol is as short a price as 1.08 and the media is reporting the him as the manager of the Cottagers whilst Ajax haven’t even had a chance to say... well, no chance.
* Betting markets thrown into chaos over Martin Jol saga
The skill in betting on these markets is backing a winner before announcements are made in the media. Ask yourself, do you have an insight? Have you seen or heard something?
Can you interpret an interview like when Roy Hodgson was asked about the Liverpool job in June and he proceeded to talk about what a wonderful club they were and how there had been no contact so far. Reading between the lines was easy, “If they ring me, I’m off... oh and if anyone from Liverpool is watching here is my phone number!”
One final rule, don’t react or believe when bookmakers announce they have “closed the book” or taken a five figure bet on a certain candidate. These are used for PR reasons and it would be tough to pick out the genuine announcements from those that are less so!
When there are so many twists and turns, so many announcements and denials, betting on managerial markets can be exhilarating and rewarding as long as you manage your stakes and your timing is good.
David Mole is Goal.com's Betting and Odds Expert. He has previously worked for Betfred, Victor Chandler, William Hill and Totesport. He can be contacted at betting@goal.com
Place a bet now with Goal.com's official betting partner Titan Bet who are offering an exclusive bet £25 get £25 offer for Goal.com readers
. Odds correct at time of publication. Goal.com encourages all readers who bet to do so sensibly.Follow Goal.com on 
. Get the latest football news direct... Check out Goal.com's 
page; be part of the best football fan community in the world!
. Get the latest football news direct... Check out Goal.com's page; be part of the best football fan community in the world!
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