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Sporting Index Disasters (Compliant 13.05.05)
1999 Cricket World Cup - Number of Wides bowled during the Tournament They were clearly wrong. The Punters Bible (The Racing Post) tipped the market as a fantastic 'BUY' and by the time they had realised the difficulty bowlers would have controlling the swing generated by the white ball in English conditions it was too late. Before a ball had even been bowled the price had moved into the 500s. The total eventually reached just under 1000; anyone who had bought at just £2 a wide would have won £1,500. The overall loss to Sporting Index was in excess of £350,000.
Breaking Records - Brian Lara's 375 When Lara created batting history, disaster on a monumental scale was inevitable for the bookies and it duly registered as a six figure loss. Each boundary cost Sporting Index £1,500 - Lara hit 60 of them! The information contained herein is for your general information and use. In particular, it does not constitute any form of advice or recommendation by Sporting Index Ltd and is not intended to be relied upon by users in making (or refraining to make) any specific decisions. Sports spread betting is high risk and you can lose more than your original stake. It is not suitable for everyone, so ensure you understand the risks involved and only bet with money you can afford to lose. Sporting Index is authorised and regulated by the Financial Services Authority. |
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