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I'm far from an expert on racing, what did Curley do that could lead to an investigation?
Were these horses kept almost idle for all this time waiting for this coup? |
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How much did your trader friend get on himself redbait?
Surely the early signs would be apparent for those in the industry and the traders created half the momentum themselves, once the initial signs were there. |
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Yes precisely, Distant View. The "1 million loss" does not tell the true story at all but it is in the best interests of Paddy Power Inc. to put it out there for public consumption. In fact, I would say that it is very misleading. The Net Loss on the coup would have been far less than the spoken of 1 million as PP traders would've acted accordingly to balance out their books on other horses.
Your trader friend might not lie to you, redbait, but he might, in the best interests of Paddy Power Inc, be economical with the truth. |
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Many of the traders will also not have been acting in any interests other than their own.
They will have seen these signs and will have been helping themselves to prices (surely via mates accounts etc) at the earliest opportunity. The last time this happened, the traders were some of the first with their snouts in the trough and no doubt it was the same yesterday. |
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The interview with Paddy Power (individual) is 36 mins and 48 secs into the link below :
http://www.rte.ie/news/morningireland/player.html?20140123,10243705,10243705,flash,261 |
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I see that the books are taking no chances with Pipers Piping in the 5.00 @ Kempton.
I backed it the last time it ran for Butler on the assumption that: * it was way too well handicapped, * Kirby was back on following his ban for the ride on the horse in early December 2012 and * Butler was the sorcerer's apprentice! Couldn't touch it at the price today, but it wouldn't surprise me if it won - as with alot of Barney's in the past, at that price it will probably either win or be nowhere. |
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good man Barney keep firing the cannons
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maybe barney done his bets thru heavy losing accounts?then there wouldnt be too much notice taken of them..
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