Game Types
Bonuses
Slots
More
Online Casinos Poker Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Live Dealers
Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions Edit Preferences Search
 
Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW!

Related Links

Betway rejoices after FA Cup upset

20 Feb 2018

(PRESS RELEASE) -- Betway is breathing a huge sigh of relief thanks to Will Grigg's 79th minute strike for League One Wigan that sunk Manchester City's hopes of a historic quadruple on Monday night.

Counting the cost of City losing the game, their chance of winning a sixth FA Cup, and all bets placed on Pep Guardiola's men landing the four major trophies, the "on-fire" Northern Irishman has saved the leading online bookmaker in the region of £1 million.

Betway had a handful of punters who netted four- and five-figure sums from backing the Latics at 16/1, but the elimination of Man City from the FA Cup has put Betway well into the black on this occasion.

Across the U.K. bookmaking industry as a whole, Betway estimate that anywhere between £10 million to £25 million worth of liabilities have been written off.

Betway's Alan Alger said, "Man City had been well-backed for the quadruple since October, with some punters on at as big as 700/1 all the way down to 14/1. In late February, with still no sign of the sky blue train stopping, we were staring down the barrel of a heavy six-figure pay out on the quadruple, so last night's result came as a great relief.

"As you'd expect, we took plenty of lumpy bets on City to overcome Wigan last night, and they were also very well-backed to win the FA Cup itself. Overall, we've been saved a loss in the region of £1 million, and many other firms will be feeling the same.

"The magic of the FA Cup has sprinkled a bit of stardust on the bookmaking industry, that's for sure. I think it's safe to say that the bookies have saved somewhere between £10 million to £25 million thanks to Will Grigg and Wigan Athletic."
 
About Us | Advertising | Publications | Land Casinos