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  #1  
Old 08-17-2009, 07:38 AM
The Future of the NBA
 
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Bookmakers mistake costs them $2.1 million

Apparently they thought it was a "lock"

The Irish bookmaking firm Paddy Power was so certain Tiger Woods would win the PGA Championship that it paid out $2.1 million in winnings to Woods' backers before Woods teed off in Saturday's third round.

The firm has made early payouts before, and Woods' four-shot lead prompted it to try the strategy again -- which should yield in free publicity what it cost in payoffs to bettors.

"It takes a special kind of dimwit to turn what should have been our best-ever golf result into our worst,'' the firm said in a news release Sunday night. "Paddy Power punters are obviously the big winners here and have made like bandits getting paid out on Tiger as a winner. Our only saving grace is that [Irishman Padraig] Harrington didn't do the business, thank God!''

Those who favored Yang made out even better. His pre-tournament odds with Paddy Power were 150-1, and he was 16-1 going into Sunday's final round.
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  #2  
Old 08-17-2009, 07:48 AM
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More BS from a BS firm. You win with them and they will limit you big time...... and 2.1 million my ass.
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CM Posted 2003 till 2012 records (updated daily) :

NHL : +161 (units)
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Rugby union and rugby league : +126
Soccer : -5
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AFL (Aussie Rules) : +71

Total : +580 units


1 unit or less = small bet, 1-3 = medium, 3+ = large

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  #3  
Old 08-17-2009, 02:53 PM
the straightshooter
 
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good pub for paddy
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  #4  
Old 08-17-2009, 03:00 PM
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Quote:
Originally Posted by Romanowski View Post
good pub for paddy
I agree. Money well spent in my opinion.
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  #5  
Old 08-17-2009, 04:36 PM
the straightshooter
 
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made PTI today lol
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