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Reply To: Betfair Million

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Back to the original post:

(don’t know how I managed to miss this thread)

If I were the sponsor of the Gold Cup, I reckon I’d be unhappy about this bonus gettting the publicity, as it inevitably will on the day, especially as it’s been provided by a rival.

I think an argument could be made that the Bf million detracts from the deal the Tote paid for.

I’d be interested to know when the current deal was agreed i.e. did the tote know the score before putting up the money?

If not, I reckon they’ve the right to ask for a rebate.

On the other hand, if they renewed since Betfair put up the prize, they knew the risk that, sometimes, a horse will be running for the £1,000,000.