Paddypower Payout Early on United Winning Title

Irish Bookmaker Paddypower has paid out early on Manchester United winning the 2008 Premier League title. They took the decision to pay out early to all those customers who had back United to win the Premier League throughout the season on Friday morning, depsite Chelsea moving just two points behind them in the league with a 1-0 win over Everton on Thursday night.

A spokesman for the firm said “Let’s be honest, they are home and hosed at this stage and it would take a minor miracle for Chelsea to catch them. Having said that, we did end up paying out on both the betting odds for Arsenal and United to win the title a few years ago, so you never know. Whatever happens, we reckon that the money might as well be in the punter’s pocket at this stage.”

It is a great gesture from the company to reward punters who had backed Fergie’s men at odds of 13/8 at the start of the season and they could face an even bigger payout if the Reds go on to lift the Champions League. However, Paddypower could end up with egg on their faces as bookmaker Fred Done, Chairman of Betfred, found out when paying out early on United to win the titlte in 1998, when eight point clear. That season, Arsenal came pipped them at the post and so anybody who has backed Chelsea shouldn’t throw away that betting slip just yet.

Paddy Power publish golf betting losses

In winning the Deutsche Bank Players Championship, Andrés Romero stung the pockets of the irish bookmaker Paddy Power. Paddy Power stood the biggest bet on the Argentinian, laying £4,000 at 28-1. That customer collected £112,000. Another irish bookie Boylesports took a string of three-figure bets, including one of €500 (£337) at 5-1 in-play. One Sporting Index client collected £6,600 after selling Romero’s finishing position at 34 for £200 a place.

Boylesports was also forced to pay a punter from Tallaght €7,000 (£4,716) after he wagered €1,000 (£674) at 7-1 about Jim Furyk winning the Canadian Open. It was worse for Victor Chandler, which lost £50,000 thanks to Furyk’s success at Angus Glen. Still, at least Nick Faldo did not win the Senior Open Championship - that result would have cost VC Bet a further £25,000.
India attracted plenty of interest to defeat England in the second Test, although most of the money came in-play. SkyBet reported a £20,000 punt at 1-2 (but got most of its money back when a client staked £16,000 at 5-6 that there would be fewer than 88 runs in the second session of day two). William Hill saw a £16,000 wager at 1-16 while Boyle’s stood multiple bets between €300 (£202) and €1,000 (£674). Paddy Power reported the draw best backed (one of £4,500 at 6-5) while England (£2,500 at 6-5) also saw support.

VC Bet laid the draw heavily, standing one bet of £12,000 at 4-6. A Sporting Index account holder bought India’s first-innings total at 300 for £50 per run, resulting in a £9,050 win.

Source: Guardian