Quantcast
Home   >   Transfer News   >   Bookies Stop Bets On Luis Suarez Making Shock £25m Move To Arsenal

Bookies Stop Bets On Luis Suarez Making Shock £25m Move To Arsenal

By on July 4, 2013

Luis Suarez to Arsenal? Really?! Well that’s what the bookmakers are suggesting after some were forced to stop taking bets last night on the controversial Uruguayan making a shock £25m move to Arsenal.

According to the Sun, William Hill were the first to close the book after a series of ‘massive bets’ were placed in Spain, tipping the 25-year-old to make the move to the Emirates this summer. Spokesman Rupert Adams told the newspaper:

“It would suggest they have heard something substantial.”

This was quickly followed by Sky Bet, who confirmed on their Twitter account that they too had seen the odds of the striker joining Arsenal plummet after a string of bets.

However, I wouldn’t be getting too excited about this just yet Gooners. Bookies often close markets to limit their ‘exposure’ if the odds of something happening drop drastically in a short space of time – which occurs when a large amount of money is wagered – and it seems this has been the case here.

Anybody with enough money (and stupidity and/or false information) can change the odds and force a bookmaker to stop taking bets. It’s really not a real indicator of an imminent transfer.

Suarez has been strongly linked with a move to Real Madrid this summer and while the Sun claim he’s only rated at £25m, it’s widely accepted that he’ll command a fee of at least £35m-£40m if Liverpool do sell, which I would suggest would be enough to rule us out.

It’s also highly unlikely that Liverpool would sell to a domestic rival, so I’m not going going to be rushing out to get ‘Suarez’ printed on the back of my shirt just yet (not that I would in any case!).

Check out more Arsenal transfer news

Do you think there’s anything in this Suarez rumour?

4 Comments