BetFair fights the sports corruption that it suscitates.

Via Niall O’Connor of Betting Market, UK’s Horseracing Regulatory Authority:

3. The essence of the case put against them by Mark Warby QC on behalf of the HRA was that they were engaged in passing inside information for reward to Mr Khan, who used it to lay the horses concerned on the Betfair exchange. He further contended that the running and riding in some of the races showed that the jockeys were prepared to “stop” their rides if necessary to ensure the success of Mr Khan’s lay betting, and that McEntee was complicit in such an arrangement for one of the races in which he trained a runner – race six of the Schedule (ANDURIL at Wolverhampton on 27 November 2004).

Niall O’Connor thinks the best piece is this:

[...] There are frequent instances in which he layed extravagant odds in the place market, sometimes even approaching the win SP, and the volume of the available market which he was prepared to lay on Betfair was also regularly extremely high. On GOOD WEE GIRL (IRE), he layed 46% of the win market and 72% of the place market. On COCO REEF, he layed 96% of the place market, and on I’M AIMEE, he layed 98% of the place market. In well over half the races in which he layed the suspect rides in the place market, he took in excess of 50% of that market. [...]

About Chris F. Masse

Founder and President of Midas Oracle
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