Hardly a surprise considering the size of the UK betting market... Rafa and Ribery used in betting scam How hard do you think it would be to set this up? Bookies and punters love jumping at shadows or following the money regardless. Sooner or later, it had to turn into a scam. This sort of thing is outlawed in the financial world but I reckon it would be nigh on impossible to ban in the sports betting world. These types of markets - Next Manager, Player Transfers - are completely fuelled by rumours. If bookies want to bet on them, then they're asking for trouble.... The 'high-rollers' involved in this must have been losing accounts the syndicate bought to maximise their return - have you ever tried getting a decent bet on these markets???
A blog about betting, trading, sport and some of the dodgy elements within them. www.sportismadeforbetting.com.