[Other Sport] Horse Racing Betting Scandal Brewing

KZNSeagull · Feb 7, 2021

Bookies last night took large multiple bets on 3 unfancied horses at very long odds running today. The first 2 horses have won after their odds obviously dropped dramatically. Rumours are that the bookies are set to lose £10m+. Story has been mentioned several times on ITV racing. The last horse is Gallahers Cross in the 16:25 at Musselburgh. Kevin Blake says the way that the bets were placed has been very professionally done.

Is it PotG? · Feb 7, 2021

I'm not watching, what were the other 2 called please?

Me and my Monkey · Feb 7, 2021

Disappointingly, just 4/11 now. Don't think I'll bother...

CHAPPERS · Feb 7, 2021

How are they linking the horses? Nothing obvious jumps out looking at the trainers and jockeys.

KZNSeagull · Feb 7, 2021

Is it PotG? said:
I'm not watching, what were the other 2 called please?

Fire Away and Blowing Dixie

KZNSeagull · Feb 7, 2021

CHAPPERS said:
How are they linking the horses? Nothing obvious jumps out looking at the trainers and jockeys.

They are not sure at the moment. The bookies have been well and truly caught with their pants down on this one.

Is it PotG? · Feb 7, 2021

KZNSeagull said:
Fire Away and Blowing Dixie

Ta.

I hope it goes in. Nice to see the bookies get turned over now and again.

Characters and plotters appear to be rarer nowadays.

Change at Barnham · Feb 7, 2021

[TWEET]1358426404623368193[/TWEET]

KZNSeagull · Feb 7, 2021

They have also just made the point that the bookies overround on that final race is something like 145%, so they have not adjusted the prices of the other horses running which could also have ramifications.

Is it PotG? · Feb 7, 2021

KZNSeagull said:
They have also just made the point that the bookies overround on that final race is something like 145%, so they have not adjusted the prices of the other horses running which could also have ramifications.

There ought to be something in place with an independent arbiter regarding overrounds.

A maximum figure should be applied.

Iggle Piggle · Feb 7, 2021

Chris Poole explains all here. He is the Head of trading at Betvictor. Let's say there is a Northern connection

[TWEET]1358399794742444040[/TWEET]

thedonkeycentrehalf · Feb 7, 2021

Iggle Piggle said:
Chris Poole explains all here. He is the Head of trading at Betvictor. Let's say there is a Northern connection

[TWEET]1358399794742444040[/TWEET]

Really honest explanation there and not looking for any sympathy for his firm.

First one of these type of potential plots for a long time.

KZNSeagull · Feb 7, 2021

Iggle Piggle said:
Chris Poole explains all here. He is the Head of trading at Betvictor. Let's say there is a Northern connection

[TWEET]1358399794742444040[/TWEET]

Oh dear. Another one for Universal Credit then

Is it PotG? · Feb 7, 2021

If the third one does come in, be interesting to see if the benevolent bookies do their norm and close the accounts of the lucky investors.

They don't like it up 'em you know.

KZNSeagull · Feb 7, 2021

The guy from BetVictor is now on ITV. "We've been done. If they win, we will pay"

The Lemming Stomper · Feb 7, 2021

Is it PotG? said:
If the third one does come in, be interesting to see if the benevolent bookies do their norm and close the accounts of the lucky investors.

They don't like it up 'em you know.

Don't think the investors will be too bothered...

I recall Sir Mark Prescott answering the question 'What's the plan?' after Pasternak dotted up in the Cambridgeshire, being the subject of a monster gamble, with 'That was the plan'

neilbard · Feb 7, 2021

KZNSeagull said:
They have also just made the point that the bookies overround on that final race is something like 145%, so they have not adjusted the prices of the other horses running which could also have ramifications.

Is it PotG? said:
There ought to be something in place with an independent arbiter regarding overrounds.

A maximum figure should be applied.

Bookies have always had Overrounds well in excess of 100%, that's how they make their money for **** sake, the exchanges have much tighter books, ergo don't bet with bookmakers there is no value..

The Grand National will have an Overround of 145% with the bookmakers.

Is it PotG? · Feb 7, 2021

neilbard said:
Bookies have always had Overrounds well in excess of 100%, that's how they make their money for **** sake, the exchanges have much tighter books, ergo don't bet with bookmakers there is no value..

The Grand National will have an Overround of 145% with the bookmakers.

Agreed, however the 3.15 at Yarmouth on a blowy Tuesday will be a lot better.

neilbard · Feb 7, 2021

Is it PotG? said:
Agreed, however the 3.15 at Yarmouth on a blowy Tuesday will be a lot better.

I think the reason they haven't adjusted their prices for the 16:25 Musselburgh is because they hope the horse loses,

they probably aren't taking any money on the other 6 runners, also each-way is now **** for the punters as two horses have been withdrawn,

they are hoping that Gallahers Cross gets beat.

I don't tend to believe bookmakers, you try and have £1000 on a horse or greyhound in any of the high street shops and they will tell you to do one.

Is it PotG? · Feb 7, 2021

Well it just nearly killed a seagull.....

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[Other Sport] Horse Racing Betting Scandal Brewing

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