Home Online Casinos Live Casinos Land Casinos Sports Betting Scratch Cards Lottery Novelty Football  
February 2009

Weymouth Loss Affects UK Bookies

Weymouth fans cash in on their team

UK bookies were not amused this week after having been forced to pay out over £1 million in winnings for not being on the ball over the changes in a game between Weymouth and Rushden.

Weymouth senior squad decided to strike over the weekend game as they claim that they have not been paid all season and that they were not even covered by insurance. When news started filtering out that the entire junior squad would be playing in their place, soccer fans headed down to their favorite UK bookies and placed bets. In many cases, it was Weymouth fans betting against their own teams, absolutely confident that the junior squad could not take on a team as strong as Rushden.

"As soon as word began leaking out on Friday that it might be the entire youth team playing we began putting on bets," said one soccer fan. "We put on money at all the local bookmakers and then started driving to all the surrounding towns to get more bets on. Even as the price began shortening, we kept putting on thousands because there was no way a team of 17 year olds were going to win that game."

The PR for Coral betting group, Simon Clare said: "Normally £30,000 to £40,000 would be paid on a match like this across the whole industry but we paid out in the region of £100,000 and we are 20% of the industry."

According to Clare the damage to UK bookies, who landed up paying over £1 million in the end, was kept to a minimum. "We took evasive action and made price changes to the match when we heard there was public knowledge that players were not available," he said. "We are very alert to those sort of things to protect ourselves."

In the end, Weymouth, predictably, lost to Rushden on a 0-9 score. Weymouth fans who made a killing were experiencing conflicting emotions. "It was a bit emotional as a Terras fan as you don't want to bet against your own team," said one player. "But it was a good investment."





Be the first to comment on this article!
Home | Privacy Policy | Terms And Conditions | About Us | Contact Us | Gamblers Anonymous | Responsible Gambling Info | Gamcare

© Copyright 2008-2011 GamblingKingz.com - All Rights Reserved. All images & logos remain the property of copyright holders at all times.