Posted on 03 Jul 2011 at 15:11 PM by pjmar
BOOKIES REJOICE AT RECORD BOXING TURNOVER DESPITE LOSING RESULT
Coral bookmakers say they were delighted with the record breaking turnover they took on the Haye vs Klitschko fight on Saturday night, despite suffering a loss, mainly due their guaranteed promise to maintain their top price about the Klitschko winning the fight.
The Barking based firm were hit hard in the outright betting after the Ukranian was backed throughout the day at 8-13 and 4-7, resulting in a six figure loss, but with the same firms offer of returning stakes on any Haye round betting if the Brit lost in the first three rounds, they recouped a huge chunk of the outright losses after he proved extremely popular in that market.
"Our offers really worked wonders, and despite the overall losses we couldn't have hoped for a better night of business," said Coral spokesman Gary Burton, "turnover exceeded all expectations and was well up on previous records, so although the outright result didn't go our way, we definitely aren't complaining."
The previous best takings on a boxing match was for the Hatton vs Mayweather nearly two years ago.
Haye's chances of winning the BBC Sports Personality Award look to have disappeared now, with Coral pushing him out to 66-1 from 5-1. Rory McIlroy remains the odds-on favourite at 4-7 to win.
**BBC Sports Personality of the Year 2011
4-7 Rory McIlroy, 6-1 Jessica Ennis, Andy Murray, 25-1 Alistair Cook, Luke Donald, Lee Westwood, 33-1 Chris Ashton, 40-1 Tom Daley, Lewis Hamilton, Amir Khan, Paul Scholes, Andrew Strauss, Bradley Wiggins, 50-1 Mark Cavendish, 66-1 (from David Haye, Jenson Button, 80-1 Bar