£100k bet

Why is the bookie holding the ticket not the backer?

That has to be JP's bet for himself and his cronies. His charges could receive more than £100k being placed alone. However, I'd not have placed the amount on I Am Maximus. Similarly, Panic Attack. Both are not for me.

More hot air hype I am afraid,bookies need action.

The taxmen are watching.

Wouldnt say they got rid of much

BRAINS

pitch will be up for sale.

5.66 its gone off on here
having been 9/1 for 20 bags midday

JP  , I had a little on

JP had a little on.

£100k is a little for someone who's a few £Bn. Where is the bookie who lay him the £100k bet? I hope he's managing his position as a businessman.

ITS GOT TO BE STAR SPORTS

Paul Byrne's Fitwilliam Sports perhaps?

£100k is a little for someone who's a few £Bn. Where is the bookie who lay him the £100k bet? I hope he's managing his position as a businessman.

.... It helps to read the thread Title. !!

it was Paul Byrne's pitch.

Nyrne paid over a quarter of a million recently to acquire a pitch at Cheltenham.
Been an expensive month or so.

Leif.
The pitch sold for 370k.
Ronnie
.

... Paul Byrnes pitch trading under Fitzwilliam.

    The "whopper", as Johnny Dineen christened it, was an astonishing £100,000 bet on I Am Maximus at 8-1 with Fitzwilliam. It was the talk of the town, and the press room, and the betting ring, and all the bars, and even the urinals in the men's bog as an elderly gentleman leaned in uncomfortably close to me as we relieved ourselves and wondered if it were true. "It's just a publicity stunt," he reckoned. Well, let's find out.

All the short prices horses contract just before the off so it was easy to lay off that bet,the damage for them was the avalanche of money on the fav  just before the off.

Mr Dineen is a mug of the highest order

Not sure what you mean Punch ? Dineen was talking about having to lay some off this morning on ITV, not sure many folk thought that was going to get bigger in price.

Glasgow,he had enough time to get rid of whatever he didn't fancy,the big money arrived in the last few minutes,he layed that big bet (if it was real) at about 1pm so 2 hours 30 mins + to lay off.

I saw a short interview after the race with the layer and the late money killed them and not the 100K bet

GLASGOWCALLING 11 Apr 26 22:38 
Not sure what you mean Punch ? Dineen was talking about having to lay some off this morning on ITV, not sure many folk thought that was going to get bigger in price.

went 8-11 last night/this morn

punchestown 11 Apr 26 22:46 
Glasgow,he had enough time to get rid of whatever he didn't fancy,the big money arrived in the last few minutes,he layed that big bet (if it was real) at about 1pm so 2 hours 30 mins + to lay off.

the bet was on social media yesterday

All I know is Dineen showed the bet on ITV this morning ( 10 oclock ), he then says he will have to lay a fair bit off. Maybe he did hedge some off but I dont think the horse went any bigger on course. ??

"No, absolutely not. It wasn't a publicity stunt," said Paul Byrne, the owner of Fitzwilliam. "The bet was laid. I thought it looked a good opportunity to lay at 8-1 and back it back at 9-1 or bigger to make an earn on the bet. At the time we laid the bet, he was 9-1 on the exchanges for good money. We took £18,000 at 9-1 and another £22,000 at a little over 8-1. After that, we decided to wait to move the rest."

Didn't know it was allegedly struck  the day before as ITV and their social media led you to believe it was on the track on the day.

dineen was showing the bet on fri afternoon.

Well ITV  " opening show " this morning showed it so the social media got it wrong.

Not sure why I am bothered tbh mine unshipped the jockey at the first fence.

Was it wise to flash the barcode on the screen

Opening Show did not show it -it was shown at about 12.57 on ITV racing .

As for the bar code, if Joe Soap turned up with a copy, I can't see him being given £900 000 in tenners.

P Bryne on Luck on Sunday now.

'Mystery Punter' eh

Opening Show did not show it -it was shown at about 12.57 on ITV racing .

MANOLEEDS ... Are you on drugs !!  Why would I say I saw something that never happened.  I tuned into the Opening show (itv4 ) at about 9-45 and Dineen was on showing the slip.

Probably a BS publicity stunt. I was backing I Am Maximus with conventional bookies for past few weeks and getting 6/1, 13/2, 7/1; standout price was 15/2 with BFS on Friday night. I never saw opportunities to lay off on the exchange before the race or in running. Has anybody got the market graph for the past two or four weeks?

By BS I mean a price that never available to you or me, in recent times.

Apologies MANOLEEDS, just watched back. I was sure it was on earlier.

Glasgowcalling . I've got the Opening Show on record from yesterday and it's not there . At about 09.45 Ruby, McCoy and Oli are chatting .
Dineen doesn't even appear on the show.
It wasn't Friday's show was it?

Johnny Dineen was talking to Brian Gleeson on ITV1 just before i posted this thread.

Yes, as I said it must have been when you said at the start of the show on itv3, I think he was talking to Gleeson.

Correct Glasgow it was on ITV and I saw it when I switched over after the Gunners big stumble ended on Sky footie channel. Gleeson had the docket in his hand even showing it to the camera. Johnny said he'd be trading some of it as it would put his firm out of business. Maybe that's the reason the price collapsed into 9/2 close to the off. It seemed strange that bookie was handing around the docket but maybe the machine could throw out a copy? Maybe it was all bluff!

Says something about the 21st Century satchel-swinger when his first thought is to lay 8/1 and arb it back on the machine at 9/1.

Here is the Racing Post:-

"No, absolutely not. It wasn't a publicity stunt," said Paul Byrne, the owner of Fitzwilliam. "The bet was laid. I thought it looked a good opportunity to lay at 8-1 and back it back at 9-1 or bigger to make an earn on the bet. At the time we laid the bet, he was 9-1 on the exchanges for good money. We took £18,000 at 9-1 and another £22,000 at a little over 8-1. After that, we decided to wait to move the rest."

That's when the problem escalated for Byrne.

"The price went under 8-1 all of a sudden," he said. "That's where we did the damage as it just kept getting shorter and shorter and shorter again. Look, overall it wasn't too bad but a proper bookmaker would be embarrassed to have the book I had on the race, but we got away with it."

You don't need to be Einstein to figure out who placed the bet. This is 2026, not 2006, and £100,000 bets on any race, even the greatest jumps race of them all, are a rare commodity these days. That's why it was no surprise to hear JP McManus hint to our own Lee Mottershead that it might just have been him afterwards. Of course it was. It couldn't have been anybody else.
https://www.racingpost.com/news/festivals/grand-national-festival/it-wasnt-a...

They obviously thought the horse would drift, swings and roundabouts.

If Byrne actually believed he could trade out of a £800,000 liability his time as a Bookmaker is not destined for longevity,especially when the horse is owned by JP

Will JP restrict Byrnes' account for being a filthy arber?

There's nothing wrong or illegal to arb. This is a good business sense to manage liability. The insurance companies do it all the time. So do airlines on the price of fuel.

It's only the horseracing bookies who frowned upon it.