Sunday, August 8, 2010

Irregular Betting Patterns on Tennis Match

A tennis match between Richard Bloomfield and Christophe Rochus last month had an unusual amount wagered on it according to Betfair.  More than 1 million pounds ($1.5 million) and a dramatic price movement have tennis officials investigating.  This is about 15-20 times the normal amount wagered on similar matches at this level.  Bloomfield is ranked 552 in the world and Rochus 160.  Before the match they were even money but in a few hours Bloomfield went to 1-4 odds which is a dramatic shift and risk to gamblers.  The player everyone bet on, Bloomfield did end up winning this match.

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