Sport is made for betting

Has someone been having a go at manipulating the betting markets over the last 24hrs? Several UK bookies have suspended the book on Next Premier League Manager to Leave after substantial backing for Harry Redknapp starting last night. The man himself denies it, which doesn't mean a lot considering when he outright denied he was going to Portsmouth in a press conference as Southampton manager a few years ago, whilst the price on him getting the job was getting smashed on Betfair, allegedly by people he knew rather well.... But this one doesn't make a lot of sense, unless there's a lot going on behind the scenes. We saw a few weeks ago where market manipulation was the sole reason behind a massive plunge on Rafael Benitez leaving and Franck Ribery heading to Anfield . It seems that here, some guys with plenty of money to splash around have tried to skew the books by backing Redknapp from any old price into single digits before the market closed, almost certainly creating arbi...

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???