Today's Bettingzone Market News:
0920: Bodog have paid out on
Sir Steve Redgrave as the winner of the
Who Will Light The Olympic Flame market that kept punters up past midnight.
A group of seven young athletes were given the final honour of lighting the ceremonial flame in the Olympic Stadium, but the firm felt such a result shouldn't represent a winner for them.
"As it turned out that result would have been a total skinner for us but as Redgrave was clearly the last of our quoted runners to carry the torch we've made the call to pay out on him," said the firm's Nick Gray.
Redgrave was a 6/4 chance with the firm yesterday afternoon, and traded as short as 1/4 to light the flame with Bodog as Danny Boyle's spectacular opening ceremony got underway.
Sky Bet, William Hill and Betfred meanwhile have decided to refund all bets, while Paddy Power claim to have paid out on seven winners although it's unclear who those seven are.
Stan James are paying out on the seven who lit actually lit the flame while voiding all other bets (!?).
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Not quite but Stan James are following Ladbrokes' lead in paying out on the 'ambassadors'.
https://twitter.com/roryjiwani/status/229129158607900672I've no idea if Ladbrokes and Stan James are paying out on full odds or 'one seventh' of the odds though.
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