ComplyOrDie
Fat Jockey Patron (est. Jan 2021) & Moderator
I actually feel annoyed about this story. The bookies are coming out and reporting this huge amount they'll stand to lose? Give me a break! This is publicity, it is getting punters to believe the hype around a horse and I am half tempted to start laying Melon myself because his price is going to be too short. Even if he wins easier than Douvan did... this is just the bookies making us all look like idiots!
Anyone backing Melon at the price he is now (unless they have the SOLE INTENTION of laying it off on the day) should take a long and hard look at whether gambling is for them!
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Bookmakers are no longer traditional bookmakers, they do not reduce odds based on the money they take for specific horses instead they seem to shorten their odds based on what their competitors prices are or more so what the exchanges say, unfortunately that is how it is nowadays, and on Betfair alone the horse with the most money traded on it for the Supreme is guess who....Melon!