On cancelled fights, and bovada stupidity
Dereck Chisora fractured his hand at the beginning of the week. Tyson Fury is fighting Alexander Ustinov in his place. This fight opened at Fury(-600) on 5dimes. I waited for bovada to open, since I figured they might have a more favorable line. Eventually, bovada opened at (-600) as well. By that time 5dimes had Fury at (-750). He later moved to (-800), and is now back down to (-735).
5dimes refunded money from the cancelled fight more or less immediately, certainly by the time a new fight was scheduled. While their line on Fury over Ustinov was working it's way up to (-800), bovada held firm at (-600),presumably because American gamblers don't pay much attention to European boxing. Unfortunately, the entire time bovada was offering better odds than 5dimes, they still held my money, because action is still "pending." Having spoken with custrmer service about five or six times this week, it turns out that bovada will hold all these wagers as "pending" for the remainder of 2014, because if this fight was rescheduled, it would still have action. The only way they will return $$ bet on this fight before January 2015 is if there is an official announcement that the fight will not be rescheduled.
So I basically have a bet that was supposed to be decided in a week or two from the time of the bet, that has become a mammoth futures bet that will instead be resolved after the entire NCAA and NFL football regular seasons are complete, even though at this time that event is not even scheduled.
I have Tyson Fury(-750)over Alexander Ustinov. I'm not crazy about these odds, but Ustinov is big, slow, and possibly not in great shape. Fury is reasonably quick for a guy his size, and punches in nice combinations. I don't see how he gets behind on points if the fight goes to the scorecards. Fury's biggest weakness is--
Fury-Ustinov is cancelled. To quote The Guardian: "Tyson Fury has withdrawn from Saturday evening’s clash with Alexander Ustinov after his uncle and first trainer was taken seriously ill, it has been announced."
It says there that promoter Frank Warren will announce the rescheduled date for Fury and Chisora next week. Makes me wonder if bovada already expected this. I doubt it. I think they are just hiding behind a boneheaded policy that doesn't make any sense.
Now I'm curious what the odds will be on the rescheduled fight, and if it will be this year. I expect the odds on Chisora would be longer, in which case I could get decent value out of this. On the other hand, it could be better for me to have the fight scheduled for 2015, since the fight could easily be rescheduled again, after another injury, or even after this injury not healing on the expected timetable. David Haye cancelled two fights with Fury within the past year or so.
5dimes refunded by $$ in the last 30 minutes or so, based on the time of my most recent twitter posts, where I showed my pending wagers. In those photos the Fury Wagers were not yet cancelled If the Guardian post was at 5:28 GMT, (it says EDT, but I don't know what that is. I don't think it's EST.) they refunded my $$ in less than 12 hours.
5dimes refunded money from the cancelled fight more or less immediately, certainly by the time a new fight was scheduled. While their line on Fury over Ustinov was working it's way up to (-800), bovada held firm at (-600),presumably because American gamblers don't pay much attention to European boxing. Unfortunately, the entire time bovada was offering better odds than 5dimes, they still held my money, because action is still "pending." Having spoken with custrmer service about five or six times this week, it turns out that bovada will hold all these wagers as "pending" for the remainder of 2014, because if this fight was rescheduled, it would still have action. The only way they will return $$ bet on this fight before January 2015 is if there is an official announcement that the fight will not be rescheduled.
So I basically have a bet that was supposed to be decided in a week or two from the time of the bet, that has become a mammoth futures bet that will instead be resolved after the entire NCAA and NFL football regular seasons are complete, even though at this time that event is not even scheduled.
I have Tyson Fury(-750)over Alexander Ustinov. I'm not crazy about these odds, but Ustinov is big, slow, and possibly not in great shape. Fury is reasonably quick for a guy his size, and punches in nice combinations. I don't see how he gets behind on points if the fight goes to the scorecards. Fury's biggest weakness is--
Fury-Ustinov is cancelled. To quote The Guardian: "Tyson Fury has withdrawn from Saturday evening’s clash with Alexander Ustinov after his uncle and first trainer was taken seriously ill, it has been announced."
It says there that promoter Frank Warren will announce the rescheduled date for Fury and Chisora next week. Makes me wonder if bovada already expected this. I doubt it. I think they are just hiding behind a boneheaded policy that doesn't make any sense.
Now I'm curious what the odds will be on the rescheduled fight, and if it will be this year. I expect the odds on Chisora would be longer, in which case I could get decent value out of this. On the other hand, it could be better for me to have the fight scheduled for 2015, since the fight could easily be rescheduled again, after another injury, or even after this injury not healing on the expected timetable. David Haye cancelled two fights with Fury within the past year or so.
5dimes refunded by $$ in the last 30 minutes or so, based on the time of my most recent twitter posts, where I showed my pending wagers. In those photos the Fury Wagers were not yet cancelled If the Guardian post was at 5:28 GMT, (it says EDT, but I don't know what that is. I don't think it's EST.) they refunded my $$ in less than 12 hours.
posted by roQQ | 8:44 AM
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