Ian Guider's Market Talk

Paddy Power Betfair’s results don’t tell the whole story

8th May, 2016
Ruby Walsh wins the Champion Hurdle on Annie Power at Cheltenham last March

Annie Power cost bookmakers an awful lot of money at the Cheltenham festival back in March. The Willie Mullins-trained winner of the champion hurdle was one of a long list of winning favourites to knock the stuffing out of bookies. As the boss of Ladbrokes said the principles of gaming went out the window over the festival as he and his rivals used special bets as a way to get punters in. They went overboard...

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