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'I've never seen every bookmaker run out of cash before' - on-course layers counting cost of 'monumental' gamble
A bad week for bookmakers got worse on Thursday evening when a "monumental" gamble was landed at Wolverhampton by Iconic Times.
One layer said it was the first time he had seen every bookmaker run out of cash on a racecourse, while another estimated the on-course plunge to have taken £50,000 out of the ring.
With favourites having dominated the first three days of Glorious Goodwood, bookmakers took another hit when Iconic Times won division one of the 7f handicap by a length under Sean Dylan Bowen.
The Jennie Candlish-trained four-year-old returned 2-1 favourite after opening at 7-1 on course.
On-course bookmaker John Hutchinson, who trades as BDC Racing, said: "People were backing the horse with every bookmaker between 6-1 and 7-1 and couldn't get enough on. I laid a £6,000 to £1,000 bet and another bet to win £3,000, so I thought I'd better go to the paddock to look at the horse. When I came back we'd laid another £5,000 to £2,000.
"It was a monumental gamble and quite an expensive night. Never before have I seen every bookmaker run out of cash on a racecourse, but they did last night. That's how bad it was."
The gamble appears to have been orchestrated on course, with Coral and Paddy Power reporting they had not seen any activity out of the ordinary on Iconic Times.
Barry Pinnington was another bookmaker left to count the cost of the Wolverhampton coup.
"I laid it at £7,000 for £1,000 and while it didn't cost me that, it did cost me a substantial amount," he said. "A guy had a grand on with me, went next door and had a grand on and then went down the line and up the other way and had monkeys [£500] on.
"It shortened and then another guy came in and took all the 3-1 and 5-2 and must have had another £10,000 to £15,000 on up and down the line, and then another guy came in and had a bit of the 9-4.
"There were nine books there last night and they've got to have taken at least £50,000 out of the ring."
A bad week for bookmakers got worse on Thursday evening when a "monumental" gamble was landed at Wolverhampton by Iconic Times.
One layer said it was the first time he had seen every bookmaker run out of cash on a racecourse, while another estimated the on-course plunge to have taken £50,000 out of the ring.
With favourites having dominated the first three days of Glorious Goodwood, bookmakers took another hit when Iconic Times won division one of the 7f handicap by a length under Sean Dylan Bowen.
The Jennie Candlish-trained four-year-old returned 2-1 favourite after opening at 7-1 on course.
On-course bookmaker John Hutchinson, who trades as BDC Racing, said: "People were backing the horse with every bookmaker between 6-1 and 7-1 and couldn't get enough on. I laid a £6,000 to £1,000 bet and another bet to win £3,000, so I thought I'd better go to the paddock to look at the horse. When I came back we'd laid another £5,000 to £2,000.
"It was a monumental gamble and quite an expensive night. Never before have I seen every bookmaker run out of cash on a racecourse, but they did last night. That's how bad it was."
The gamble appears to have been orchestrated on course, with Coral and Paddy Power reporting they had not seen any activity out of the ordinary on Iconic Times.
Barry Pinnington was another bookmaker left to count the cost of the Wolverhampton coup.
"I laid it at £7,000 for £1,000 and while it didn't cost me that, it did cost me a substantial amount," he said. "A guy had a grand on with me, went next door and had a grand on and then went down the line and up the other way and had monkeys [£500] on.
"It shortened and then another guy came in and took all the 3-1 and 5-2 and must have had another £10,000 to £15,000 on up and down the line, and then another guy came in and had a bit of the 9-4.
"There were nine books there last night and they've got to have taken at least £50,000 out of the ring."
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Replies: 44
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Were any questions asked by the stewards as it's form since it won 12 months ago had been abysmal or am I just being naive ?
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Yes - Did not post all of a longer article.
'The racecourse stewards looked into the improved form and noted the explanation of the Candlish stable's representative that the winner had benefited from the reapplication of cheekpieces. Iconic Times was routine tested.' |
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Must try cheek pieces next time I take the dog for a walk !
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How many excuses are there to pick frum
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dropped a lot in weights..big drop in class..was all there to see..
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Its funny these horses never get stuck or slow away from stalls mmmm
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12 bookie, moaning about 50p ew/2squid bets .cant get 50 grand together between them,must have been a bad night for the burger van
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'The racecourse stewards looked into the improved form and noted the explanation of the Candlish stable's representative'
----------- I really should have added a smiley to that sentence -- or - should it have been a far more appropriate ...  |
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They will only have run out of cash because they will have backed it back on the exchanges. Owned by some lads from Donny I believe.
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they didn't do it right, how can you take 5/2 when you've already had plenty on at 7 and 6, when it goes wrong they do it big time
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That would depend if "they" knew the horse should have been Evens,kingo
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just shows how bad the game has gone - 'monumental gamble' laughing stock, taken£50k from the ring, there were commonplace win stakes of that magnitude at Ascot/Cheltenham/Aintree/York 15-20 years ago, money which would be almost double that nowadays with inflation. Distressing really or laughable depending on your POV
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You have the GC to thank for that and the inaction of the BHA to challenge the loons,Gordon.
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king
one of the greatest touches ever was at nottingham 100/1 all rates down to single figures those involved felt the prices were still to big and were happy to take them. |
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Veitch,jimnast
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pv that was. looking a bit sickly these days. underweight
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He has rarely had a "straight" bet in his life,Busy but,certainly very shrewd
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just shows how bad the game has gone - 'monumental gamble' laughing stock, taken£50k from the ring, there were commonplace win stakes of that magnitude at Ascot/Cheltenham/Aintree/York 15-20 years ago, money which would be almost double that nowadays with inflation. Distressing really or laughable depending on your POV
I mean does it really need pointing out this isn't the C19th anymore? One can still ring up bets from a phonebox tho......... |
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on the eve of the ebor meeting if my memory is right
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uptheirons 31 Jul 26 16:33
Veitch,jimnast Nonsense,trust me….. |
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we trust you with nonsense, have no fear
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Do you never tire of spouting Shyte,Aceform?
The horse was Exponential.you utter cretin |
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Anyone want his book ?? Its currently hanging in my Toilet.
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if you new THE FLOCKTON GREYS age that turned up on track,you,d have took EVENS
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Horses mouth at York……he laughed said it would have taken £30 lol……
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We all know the horses name bell boy……
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formoftheace • July 31, 2026 4:44 PM BST
uptheirons 31 Jul 26 16:33 Veitch,jimnast Nonsense,trust me….. You didn't |
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His book was hanging in my toilet too,but we've used it all up..
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1st time can you remember the real name of flocton grey ?
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no
but i do remember the day it won,i was in a betting shop betting on my mates DOG RUNNING AT BROUGH PARK,which alo won |
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Good Hand if memory serves jimnast, later killed?
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yep thats the fella cag G
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By Lightning
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aceform
the person on here who posts the most stupidest comments Here are some recent ones as night follows day France will be in the world cup final In his opinion Jude Bellingham is a tad over rated Tony Bloom never had to invest any money in acquiring Brighton Hove Albion football club as in his words 'It was handed to him' he fails to mention who handed it to him though |
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There’s Kenneth…..
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correct cag
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A moron of Biblical proportions,kenneth
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