Printer Friendly

Betfair layers reeling after Gin Palace turnaround.

Byline: Lee Mottershead

DOZENS of Betfair punters were left feeling maudlin yesterday when 4-1 favourite Gin Palace landed Newbury's opener having been the subject of pounds 99 worth of matched bets in-running at odds of 249-1.

Not for the first time in recent weeks, the perils of trading during a race were highlighted when Gin Palace, seemingly in trouble early in the straight, conjured up a late surge to score by a neck.

In another disastrous result for certain unfortunate Betfair layers, Doncaster's Cammidge Trophy winner Red Carpet was the subject of pounds 219 worth of matched bets at

29-1 after the start of the

six-furlong contest.

Revealing that the biggest single matched bet on Gin Palace was for pounds 15, Betfair director of communications Mark Davies said: "The television camera angle was incredibly deceptive and Gin Palace's price became erratic depending on which camera angle was in use. Within seconds, the horse's price traded down from 249-1 to 40-1 to even-money.

"When a horse drifts badly on the site people cry foul but the fact is that this happens all the time, horses drifting and going on to win."

Earlier this month, pounds 3,122 was matched in-running on Jaybejay at 1-100 in a Wincanton novice chase only for the leader to fall at the final fence. At the other extreme, pounds 69 was matched on fortuitous winner Razer Blade at 89-1.

CAPTION(S):

Mark Davies "Horses drift badly and still win"
COPYRIGHT 2003 MGN LTD
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Sports
Publication:The Racing Post (London, England)
Date:Mar 23, 2003
Words:243
Previous Article:Doncaster under fire over state of ground; Doncaster clerk defends conditions after claims of `bare and false' turf.
Next Article:Disappointing favourite Adiemus `needs further' than Lincoln mile.


Related Articles
Trading Bureau: Grounds for laying Kopeck this time.
Pricewise: Gin to provide timely tonic at a massive 25-1.
Sporting Options to battle against higher levy charges.
Plumpton: Moore celebrates 251-1 treble.
Snooker: Skybet could see interest in Swail.
Sporting Sherwood plays part in victory.
Horse Racing: TRADING REPORT.
Football: Guus's battlers sink odds-on Japan punters; TRADING POST.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters