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Golfing Odds Hurt

Online casino betting companies lost a lot of money last week with the because of an uncannily true long-shot prediction for the person who was going to take the US Open last week. A radio announcer out of Ireland made the prediction and the listeners seemed to love his advice and hurried to the internet betting sites to place their bets. Paddy Power, the largest Irish facing bookmaker and a major contender in the UK online casino sport booking industry, announced that the company lost roughly $1.6 million in company profits because of golf radio announcer Bob Bubka’s accurate but very long-shot prediction that Lucas Glover was going to take the Open.

Glover was actually about the longest odds in the game when Bubka made the announcement –Paddy Power had actually placed Glover at 175 to 1 odds. There was no actual reason for Bubka to know that Glover was going to win considering golf favorites like Tiger Woods and others had much better odds at the start of the US Open’s betting. Paddy Power was a little discouraged by the losses because the company just didn’t have enough time to alter the odds –many, many bettors were able to place their bet at the online casino poker site before the company was able to boost the odds to near even.

Bubka has proven himself twice now and the online casino and internet betting industry would do pretty well to listen to the radio announcer when he picks out his winner. In addition to the bizarrely accurate Glover prediction, Bubka listeners were also treated to some great money wins if they took his advice and bet on Angel Cabrera to win the Masters.