
Iconic gambler Barney Curley has done it once more each time a 9000- 1 shot on four horses came through (Image: The Guardian)
There is absolutely nothing quite like the feeling of hitting a daily double, pick six or other big accumulator at the battle track, specially when that final horse comes in to complete your once-in-a-lifetime payday. But while there have been some epic wins during the period of horse history that is racing few compare to the story that played out this week in britain as four horses linked to famous gambler Barney Curley pulled down shocking victories that could have cost bookmakers millions.
Long Odds on Four Horses
The story started on evening, as odds began showing up for some of Wednesday’s races tuesday. There were four horses in all, each coming down a layoff that is long race at fairly long odds. Horses Eye of this Tiger and Indus Valley had been both longshots free indian dreaming pokie machine download that are 20-1 while Seven Summits and Low Key had been more fairly priced at 7-1. in almost any instance, a $1 accumulator bet on all four horses to win would have made a bettor around $13,000 at Bet365, in the event that wagers came in at simply the best time when all four races were on the board plus the odds were as favorable as feasible.
Estimates of just how much money ended up being lost by bookmakers through the four unlikely champions varied greatly. One spokesman for Paddy energy said that the industry-wide hit could happen as great as £15 million ($24.9 million), though others said a far more likely figure was in the product range of £2 million ($3.3 million).
Some bookmakers, such as Ladbrokes, avoided the largest losings by only posting odds later in the day, though many bettors found on the connected horses also because the chances started to fall.
‘We dodged all the morning that is early, but you can’t stop moving trains and we got caught up in a number of it due to the fact day panned out,’ said Ladbrokes head of consumer PR David Williams. ‘Our choice not to ever price the Kempton events up until as late as possible helped protect us from the worst from it so we truly weren’t confronted with any of the business that is overnight most of the fancy prices were snapped up.’
Unlikely Winner
Bookmakers began to become dubious as the odds on all four horses fell in morning betting. By the time Eye of the Tiger ran at Lingfield, the horse had been bet most of the means down seriously to a straight money favorite regardless of the undeniable fact that he hadn’t run for 481 days, and had failed to win in any of their previous four races.
Sure enough, Eye of the Tiger won his competition. Whenever stewards at the track established an inquiry into the winner, they certainly were told that the horse was now being trained by Dan Donovan, and had previously been trained by Curley himself. The horse had apparently been injured times that are several but came in to the race healthy, with Donovan calling him ‘a genuine horse.’
Soon thereafter, Seven Summits would win their race at Catterick by way of a length and a half. At battle time, he had been bet down to a 9-4 favorite, though which was partially because another favorite have been scratched from the race. Seven Summits was also formerly trained by Curley.
The third horse, Indus Valley, was another Donovan-trained runner who had been rushing for the very first time in nearly two years. A 4-6 favorite by the race, Indus Valley pulled off a win that is tough.
‘He has always shown ability but we had been lucky the second just turned it in,’ Donovan said.
Finally, Low Key was set to race at Kempton, and had relocated from a 7-1 shot to a 7-4 favorite. Although his last competition saw him finish 7th of seven horses, Low Key pulled off a win, with trainer John Butler attributing it to the horse being gelded and a significant drop in course when compared to past races.
Barney Curley has been a legendary trainer and gambler for years, though he has largely stayed out of the public eye. Curley who says that he gets more of a thrill out of beating the bookmakers than through the cash he wins has been finding ways to beat bookies since at least the 1970s. A similar success that is four-horse 2010 netted Curley more than £1 million ($1.66 million).
Billionaire Asian Moguls Duke It Out for Bloomberg Richest Rating
Still #2: Chinese billionaire Lui Che-Woo thought he was ranked first, but Bloomberg took it straight back (Image: Forbes)
In a realm of uber-wealth with lots of the wealthiest on earth now from parts of asia it takes some cash that is serious be the richest of the rich; kind of like being crowned Miss Universe from out of a bevy of stellar beauties. And just like Miss Universe, sometimes the votes get tallied wrong and you have to give back the crown.
That seems to be what’s happened with Lui Che-Woo, founder of casino operator Galaxy Entertainment Group Ltd., who briefly held the title before several news sources corrected it and maintained that past title holder and genuine estate investor Li Ka-Shing continues to be Asia’s richest man.
Lui’s net worth jumped up by $2.9 billion this 12 months to $23.7 billion; but wealth protagonist Li still beats him away with a $29.5 billion fortune. And that means Li retains the title he’s held since April 9, 2012, as he moved past previous richest, Indian billionaire Mukesh Ambani.
As a daily ranking of the wealthiest people in the world, the Bloomberg Billionaire Index bases its statistics and measurements on changes within markets, the economy and reporting to update the figures at the end of each working day in New York, using the closing share price to calculate positions in the index and taking inherent household wealth under consideration as well.
The main supply of wide range for the billionaire mogul comes from his 51 percent stake in Galaxy Entertainment Group Ltd., which ranks third in proportions for Asia’s casino operators and saw a 129 percent increase in shares last year after riding on the waves for the 18.6 percent rise in revenues for Macau, which reached a total of $45.2 billion.
Lui’s biggest casino Galaxy Macau has raked in regarding the success of the only area in China where casinos have actually been legalized. Galaxy Macau is situated in the heavily visited gaming location of Cotai, known popularly as Asia’s version for the Las Vegas Strip.
Worldwide Heavy Hitters
Irrespective of Bill Gates arguably the man that is richest in the world, whoever net worth rose by $15.5 billion last year Lui’s gains of $14.2 billion had been only beaten by casino rival and Las Vegas Sands Corp. Chairman Sheldon Adelson, who saw an increase in net worth of $14.4 billion over the last year, in line with the Bloomberg ranking.
According to analyst that is macau-based Union Gaming Group, Grant Govertsen, the Lui family’s early investment in Cotai is mostly to thank for his or her current degree of success.
‘ The boom there ramped up the share price wealth and appreciation creation for the Lui family,’ explained the analyst. ‘They’re well positioned for long-lasting growth and so are focused on becoming the dominant player in Macau.’
Although the 2,200-room Galaxy Macau was the casino that is largest for the business since the doorways launched in 2011, Galaxy Entertainment Group Ltd. also owns and operates an additional five of Macau’s 35 casinos. All told, Macau reportedly generates around 97 percent regarding the group’s revenue, which is leading Lui and his son, deputy chairman Lui Yiu Tung, to a $2.6 billion addition to Galaxy set for the following year in an effort to capitalise on the increasing growth of the gambling destination.
Rose from Poverty
The billionaire that is self-made extremely humble beginnings, as he and his family fled the town of Jiangmen in the Guangdong province for Hong Kong when southern China ended up being invaded by the Japanese. As a teen, he helped to support his family by offering food on the town streets, but later managed to procure construction equipment left behind after the U.S. invasion of Okinawa in Japan.
As Hong Kong was going right on through a reconstruction growth, Lui managed to import the construction equipment and make their very first fortune, which was followed by a great many other successful investments property that is including, resorts and casinos.
Re Payments for Undisputed Full Tilt Claims Approved by Feds
U.S. Comprehensive Tilt poker players with undisputed claims should finally be getting their claims any moment now (Image:keepcalmomatic.uk)
It’s been a long road for Americans who’ve cash sitting in their Full Tilt Poker accounts. But almost 36 months after the events of Black Friday, it appears like the majority of those who have asked for their money back might be getting their cash into the very near future.
According to John Pappas executive director of the Poker Players Alliance the Department of Justice has approved around 30,000 claims made through the Garden City Group (GCG) for the return of funds from Full Tilt Poker reports. That comes after the Department of Justice finished an audit of player petitions that were processed by GCG, and represents about $82 million in funds that may be returned to American players shortly.
Only Undisputed Funds Returned For Now
Those numbers apparently represent only the Full that is undisputed Tilt claims that are outstanding. These are claims in which players and all other principals decided on the amount to be returned to your player. In the case of disputed claims, there is still no timeline for repayment. Nevertheless, all players with undisputed claims ought to be getting emails from the GCG in the weeks to come that will include guidelines on the best way to obtain their money.
That doesn’t mean that the remissions that are entire is going to get without a hitch. On the side of minor issues, Pappas said that we now have some claims though not a number that is significant were filed incorrectly or stay incomplete. Those individuals affected by this matter are anticipated to receive emails explaining just how to submit the information that is missing complete their claims.
A larger issue is that of exactly what will occur to affiliates and Comprehensive Tilt Poker-sponsored professional players who are nevertheless owed cash. According to Pappas that issue has yet become remedied, but both the Department of Justice plus the GCG are looking into the matter.
It is still unclear exactly just how long it may need for Americans to get their funds straight back, though Pappas seemed optimistic that the GCG should be able to satisfy their initial March 31, 2014 deadline for some claims.
‘ the claims collected by GCG,’ Pappas stated in a thread on this issue at the twoplustwo.com poker discussion boards. ‘The onus is now on GCG to remit the funds to players. I really don’t know their payment process and it very well could be days, maybe not months.’
3 Years Coming
The repayment of American players would end a three-year saga in which former Comprehensive Tilt Poker clients have had their account balances sitting frozen and in a state of limbo. Following the Black Friday indictments of April 15, 2011, complete Tilt Poker neglected to return balances that are outstanding US players (in contrast to PokerStars, which was in a position to return such funds almost immediately), and sooner or later shut down later that 12 months.
Later, PokerStars would purchase Full Tilt Poker included in a deal with the U.S. Department of Justice in order to settle the claims against both sites. That agreement saw PokerStars take regarding the responsibility of repaying Comprehensive Tilt users from around the planet, but left the repayment of Americans towards the Department of Justice. According to some estimates, American-owned accounts held the maximum amount of as $184 million on Full Tilt Poker during the time of the site’s closing.
