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Old 17-12-2007, 16:13
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stereoman stereoman jest offline
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Re: The 'Betting on Christmas' Thread

Aw fook it...not like there's too much action on the Christmas betting front. Christmas weather betting news from Bettingzone Market Moves:

1550: Despite weather forecasters suggesting there's not a snowball's chance in hell of a smidgen of Christmas snow this year, the recent cold snap has encouraged punters to bet on a white Christmas in London.

Bookie Paddy Power's odds would seem to suggest the meteorologists are right with Paddy Power quoting a measly 1/6 that there’ll be NO snow on Christmas Day but optimistic punters are snapping up the 7/2 on offer that a single snowflake will be registered at Heathrow airport, widely considered the official reference point for a white Christmas.

Darren Haines, spokesperson for Paddy Power, said: "The bets for a white Christmas have been coming in today, people are clearly being swayed by the recent cold weather."

Paddy Power lost £50,000 in 2004 when Ireland woke up to a blanket of snow. Luckily for the bookies snowfall wasn't recorded in London saving them from a massive payout of over £125,000.

A white Christmas this year would cost Paddy Power an estimated £100,000.
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