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Horse Racing Betting System
Punters bet on the number of goals, yellow cards, dives, corners ... anything really
Argentinian referee Horacio Elizendo shows Wayne Rooney the red card during England's World Cup quarter-final against Portugal. Photograph: David Hecker/AFP/Getty Images
Neville Burdock sits at his row of screens, flicking between spreadsheets, frantically tweaking prices as he jumps from one keyboard to another. But the 27-year-old trader is not making a market in stocks or bonds and his packed trading floor is not in the Square Mile or Canary Wharf. He glances up at German chancellor Angela Merkel singing her national anthem on his television screen and wonders if Michael Ballack will score against Italy.
Welcome to the world of sports spread betting, where punters can win and lose vast sums of money on predictions as simple as how many players will remove their shirts after tomorrow's World Cup final.
Mr Burdock is senior European football trader at the world's biggest sports spread betting group, Sporting Index. It's his job to predict the number of goals, corners, cards, dives and countless other variables during what has been the biggest event in gambling history.
"It's hugely stressful," he says. "You could expect to win or lose quarter of a million on a game of football."
The World Cup has been a winner for Sporting Index. It has taken a bet every five seconds since the tournament kicked off last month and is predicting a turnover of '12m, up 60% on the 2002 cup.
"It's gone well for us, despite virtually all the favourites winning all the games," says Mr Burdock, the son of a bookmaker. "We've had a few nightmares. A lot of yellow cards [336 so far]."
Sporting Index was predicting at the start of the tournament that there would be a total of around 270 yellow cards, but a flurry of bets came in early on that the number would be higher. Each of those punters stood to win back his or her stake many times over - multiplying it by the number of cards over 270. Unfortunately for the company, the punters were right. But then, they have been wrong about plenty of other things. The UK gambling industry went into this World Cup expecting to make a billion pounds and big bookmakers say it looks like that was exceeded. For Sporting Index it's been a chance to tap into a growing hunger for more sophisticated and interactive betting, through its website, by phone and on Sky TV.
"It's for people who enjoy sport, they have an opinion on sport and they want the adrenaline," says Wally Pyrah, PR director at Sporting Index. "It's really pitting their wits against a guy who they think has got it right or wrong."
The former horse racing pundit joined Sporting Index when spread betting was in its infancy. "It came about in the City of London. Then it took off. In the nineties it really exploded," he recalls.
The company now employs 120 people and claims 70% of the UK sports spread betting market.
The outlook is bright for the business, which was bought by private equity firm HgCapital for '75.8m last November. A recent study by Cass Business School predicted the number of people in the UK with a spread betting account, including those who bet on financial markets, would more than double from 400,000 to a million by 2011. Sporting Index increased its client list by 40% last year and raised betting profits by 10%.
So far, it has been almost uniquely a British phenomenon. The obvious next move is to take it overseas. "You've got to think there are similar males dotted around the cities of the world that like to bet on sport," says sales and marketing director Warren Murphy. "There are certainly partnerships that are well in discussion."
In the meantime, the company can rely on a database of more than 40,000 sports betters. Many of them are based in the City or are expats in financial centres such as Zurich and some have been known to stake as much as '50,000 at a time.
"Spread betting gives the chance for excellent reward if you are prepared to take a risk," said one investment banker and regular spread better. "I only ever spread bet on something I know about, that I've studied quite a bit and looked at the stats."
Looking at the statistics is what Sporting Index's traders do best. In a room lined with televisions they sit among drinks cans and takeaway boxes, watch everything from greyhounds to golf and make predictions.
"If you've got a love of sports and you've got a love of betting then there's no better place to work," says Ronnie Whelan, trading operations director.
The traditional sports fan, however, might accuse the team of taking their jobs a little too seriously. While England supporters held their heads a week ago as Portugal went into the lead on penalties, Sporting Index traders were doing the unthinkable.
"It was a good result for us. We were actually cheering on Portugal," says Mr Whelan.
The more you're right, the more you win
For those not among the 400,000 who spread bet on sports or the financial markets, it works on the principle that the more you are right, the more you win - and the more you are wrong the more you lose. In sports, spread-betting predictions are presented as two prices. For example, a bookmaker might predict the first goal of tomorrow's final will fall between the 28th and 31st minute. This range is known as the spread and the price would appear as 28-31. The punter can bet low (also known as sell), which means they predict it will be before the 28th minute. Or, they can bet high (also known as buy), which means they predict the first goal will be after the 31st minute.
What you win or lose depends on how much you stake and how right or wrong you are. Say the client goes low at 28 minutes and the goal is scored in the 26th, he wins twice his stake, but if the goal is scored in the 32nd minute he loses four times his stake.
The spread-betting industry is regulated by the Financial Services Authority. Bookmakers have to make sure clients understand how much they can lose and many websites offer practice games as a learning tool. Companies also have to do strict credit limit checks on clients and must refuse them if they think they are gambling beyond their means.
And what does Sporting Index want out of the final? It hopes the mass of punters predicting a cat-and-mouse game will be proved wrong with a flurry of goals. But ultimately, it wants France to win.
Horse Racing Betting System
Emma-Lee Browne had plenty of reasons to be well-satisfied with herself after the running of the $30,000 Te Awamutu Cup at Waipa yesterday.
Browne decided to bring former New Zealand Derby winner Leica Guv back for a "fun" racing campaign and the 7-year-old gelding had plenty of fun yesterday running his rivals into submission in the 1600-metre feature.
Leica Guv looked an exciting equine athlete as a front-running 3-year-old when overpowering age group rivals to impressively win the New Zealand Derby.
The Te Awamutu Cup is a far cry from Group One glory at Ellerslie but that was not going to stop Browne enjoying the moment as the successful trainer at Te Awamutu.
"We weren't going to train him into the ground this campaign as I knew he was always going to be good enough to compete. It was just a matter of mixing things up with him in training and having a little fun," said Browne.
"He's trained quite a bit around the hills on our property and the trick is to keep him a little fresh to run a zippy 1600-metres and that seems to be working at the moment.
"I was a little worried that he was a little too fresh for this race but Opie (Bosson, jockey) settled him nicely off the leaders and he fought well.
"We'll now have to sit down and consider where we go from here as he's not at his best when racing left-handed but we may have to look at running him in the ($70,000) Opunake Cup at Hawera (July 22)."
Bosson gave Leica Guv a dream sit in fourth position tracking the second favourite Zvezda forward four wide to attack the leaders with 600m remaining. Leica Guv showed superior stamina over the closing 100m of the race on a testing track to win by three-quarters of a length over Zvezda with a further nine lengths away to Art Link.
OPIE BOSSON made a clean sweep of the feature events when teaming up with the well-performed Don't Ya Lovett to win the $20,000 Ford Fairview Motors Te Awamutu Sprint.
Don't Ya Lovett settled well back in the field while Lord Spectrum set a solid tempo in front.
Bosson pulled Don't Ya Lovett to the extreme outside of the track in the home stretch and he unleashed a blistering sprint to claim the victory by a half-length over the solid finishing Floydeboy. A further neck away in third position was I Rock My World.
Don't Ya Lovett, which carried 57kg and won with a great deal in hand, is reaching peak form again for New Plymouth trainer Allan Sharrock.
The 6-year-old has been a faultless performer scoring nine wins and six minor placings from 19 starts.
Floydeboy was another runner to catch the eye powering home late to finish second and is nearing winning form.
"They were running along in front early in the race and we just couldn't go with them so I let him find his feet. Once I pulled him to the outside he really started to climb into his work and chase the rest of the field and he was flying over that last 100 metres," said Bosson.
The favourite Baltaine battled into sixth after enjoying an economical sit close to the leaders throughout, but could not quicken when Don't Ya Lovett and Floydeboy challenged wide out in the home stretch.
Throw A Paddy was unwanted in pre-race betting markets and discussions before the running of the final event but that did not stop the 4-year-old delivering a killer blow to punters who backed the hot favourite Kenny Starfighter.
The 34-1 shot and jockey Lisa Cropp denied Opie Bosson a hat-trick of wins when downing the favoured combination by 1 3/4 lengths.
Throw A Paddy was the third and final emergency to gain a start in the race and Cropp picked up the ride when her orginal mount, the Keith Hawtin-trained Vindaloo, was scratched.
Horse Racing Betting System
CAMPBELLSVILLE, Ky. -- Central Kentucky's dirt track racing station, 99.9 FM WVLC The Big Dawg, will again present another edition of the BetYourDriver.com Race Report presented by Miller Lite with a special Wednesday evening edition on July 5.
Appearing on the special Wednesday, July 5, edition of the BetYourDriver.com Race Report presented by Miller Lite will be Open Wheel Modified racer Benji Lee of Raywick, KY and Dirt Late Model driver David Webb of Nicholasville, KY.
Benji Lee joins the program after scoring a third place Modified feature finish at Bluegrass Speedway in Bardstown, KY on Saturday night and another top ten finish at Lake Cumberland Speedway in Burnside, KY on Saturday night. Lee is a former Modified track champion at Bluegrass Speedway and has spent the better part of the past two seasons in the Late Model ranks. Lee will be in-studio for the live call-in portion of the show.
The "long-distance" portion of the program will see Dirt Late Model driver David Webb join the program via the telephone. Webb has taken two feature wins at Lake Cumberland Speedway this season, including last Saturday night's and a fifth place finish at Lake Cumberland Speedway last night.
Michael Despain is the host of the popular racing program that will take the green flag and go on the air at 8:00 p.m., with the first third of the two-hour show highlighting race results and weekly previews of events at several tracks around the area, while also providing results and weekly previews for regional and national touring series as well. Listeners can tune in locally on 99.9 FM or around the globe on the internet at www.wvlc.com. Mr. Lee will be in-studio during the second third of the program and phone lines will be open at 789-9852 locally, 1-270-789-9852 and/or 1-800-789-9852 if the call is long distance or listeners can e-mail their comments and questions via the internet at dirttrackracing@hotmail.com. Mr. Webb will join the program around 9:30 and comments and questions can be e-mailed to dirttrackracing@hotmail.com. The checkered flag will fall on the show around 10:00 p.m.
The BetYourDriver.com Race Report presented by Miller Lite provides results from 31 tracks in the Indiana, Kentucky, Ohio, and Tennessee area. Also, a total of 18 regional and national touring series will be highlighted as well during the show's season.
BetYourDriver.com is a recognized sports betting industry leader since 1985. BetYourDriver.com provides safe, legal, and secure sports wagering on sporting events, as well as horse racing, online casino games, poker, and bingo from any location in the world, 24 hours a day, 7 days a week. With an interactive sports betting service, customers have the option of betting online or over the phone with same pin number and password, and all accounts are completely confidential. All you need to do is open your sports betting account online or by telephone and concentrate on picking winners and BetYourDriver.com will take care of the rest.
BetYourDriver.com Race Report presented by Miller Lite Sponsors for 2006: BetYourDriver.com, Miller Lite, Bluegrass Speedway, Ponderosa Speedway, B and B Motorsports, Rattliff Motor Sales, Wayne Bowen Racing Supply, Highway 80 Custom Auto Accessories, Wilson Plumbing, Bluegrass Cellular, and Torco Race Fuels (Bishop Racing)
Tracks and Series to be covered by the BetYourDriver.com Race Report presented by Miller Lite during the 2006 season:
INDIANA: Bloomington Speedway, Brownstown Speedway, Kamp Motor Speedway, Lawrenceburg Speedway, Tri-State Speedway, Twin Cities Raceway Park, Union County Speedway
KENTUCKY: 201 Speedway, Bluegrass Speedway, Florence Speedway, Kentucky Lake Motor Speedway, Lake Cumberland Speedway, Lightning Valley Motorsports Park (go-karts), J and M Motorsports (go-karts), Mountain Motor Speedway Express, Paducah International Raceway, Ponderosa Speedway, Soggy Bottom Raceway, Western Kentucky Speedway, Willard Speedway
OHIO: Brush Creek Motorsports Park, Eldora Speedway, Portsmouth Raceway Park, Rocky Top Raceway
TENNESSEE: Atomic Motor Speedway, Cleveland Speedway, Crossville Raceway USA, Clarksville StormPay.com Speedway, Murphy Speedway, Tazewell Speedway, Volunteer Speedway
SANCTIONS/SERIES: Bluegrass Thunder Series (go-karts), Carolina Clash, Haulmark.com All Star Sprint Cars, Lucas Oil Late Model Dirt Series, Mid-Atlantic Championship Series, Mid American Racing Series, National Sprint Tour, NARA Battle of the Bluegrass Modified Series, Northern All Star Late Model Series, O'Reilly NARA Battle of the Bluegrass DirtCar Series, O'Reilly Southern All Stars Dirt Racing Series, Polydome World Dirt Racing League, Ray Cook's Southern Nationals, Southern Regional Racing Series, StormPay.com Crate Racin' USA, Sunoco American Late Model Series, Advance Auto Parts Thunder Series, UMP Summernationals, World of Outlaws Late Model Series, World of Outlaws Sprint Car Series
Horse Racing Betting System
With a total of 18 2-Year-Old pacing fillies dropped into the entry box for Sunday night's (July 9) Hanover Stake race secretary Doc Narotsky was forced to split the ladies into a pair of $32,000 divisions as the 2006 Hanover season hit full stride.
A field of eight was sent postward in the opening split with last week's Misty Misty Stake winner Whisky Girl garnering most of the betting public's support. Unfortunately the 'chalk' players came up a little short as Pinske Stable's Dances On The Wind got the jump on the favourite and then held on gamely for a ? length decision in 1:54.2.
Floated away from post position four by driver Jason Dillander this daughter of Cole Muffler settled in third some six lengths off the pace of Whisky Girl (Dave Magee) who led the field through an opening quarter in 28.1.
As the field settled onto the backstretch Dillander pulled on the right line and his filly responded beautifully as she charged from third to first while leading the ladies to the halfway station in 57s.
Getting his filly to relax once she made it to the top Dillander was more than content to let a hard charging first over Miss Richess (Andy Miller) grab control as the field paced around the final turn. That filly showed the way by two lengths as she sped by the three-quarter-mile mark in 1:25.3.
Continuing to draft right on the leaders helmet Dillander finally moved to the outside of Miss Richess with a sixteenth of a mile to go. Looking fit and fresh the Tim Pinske trainee rolled home in 28.2 as she cruised to her first lifetime win. Whisky Girl, the even money choice in the wagering, found her best stride in the late going as she rallied to be the bridesmaid. Miss Richess hung on well to get the show dough.
After a pair of second place finishes to kick off her career Dances On The Wind now sports earnings of $18,235.
The nightcap provided a thrilling finish and quite an impressive effort as L & L Devisser, Leroy Schmucker & Sawgrass Farms Cabana Fever came flying down the lane to win by 1 ? lengths in 1:55.3.
Part of a three-horse entry Cabana Fever was unhurried early by driver Ryan Anderson as she came away eighth in the field of 10. The early pace was tepid with Forever Showin Off (Charles Conrad) settling into an easy lead as the youngsters moved by an opening quarter in 29.1s.
The pace sped up a bit on the backstretch but Forever Showin Off was still in full control as she stepped by the half-mile mark in 57.4. At this point Cabana Fever was back to ninth 11 ? lengths off the pacesetter.
Heading around the far turn Forever Showin Off continued to lead the way. Odds On Arttoheart (Tim Tetrick), a 26-1 outsider was sitting in the pocket second while the heavily favored Macon Up (Andy Miller) led the outer flow while moving up first over into third as the field reached the three-quarter-mile station in 1:27.1.
Battling through the lane Forever Showin Off was hanging on tenaciously. Macon Up had now moved to inside of the drifting leader and was gaining ground in second while Odds On Arttoheart began to fade in third. With still more than six lengths to make up with just over a sixteenth of a mile to go Cabana Fever kicked into high gear while racing out in the center of the track.
Picking off rivals like a well seasoned veteran this first time starter for trainer Joe Seekman looked like a freight train as she flew by the favourite with a wicked 26.2s final split to get the victory. Macon Up had to settle for a runner-up role on this night while Ozmopolitan (Dale Hiteman) rallied late to finish third.
The daughter of Real Desire came into the race off a pair of winning qualifiers and despite being coupled with her two stablemates still managed to return a nice mutuel of $9.00, $3.40 & $2.20.
Horse Racing Betting System
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Horse Racing Betting System
WagerWeb.com Contributing Writer Greg Melikov shares his insights, analysis, betting suggestions and picks on races on the following tracks: Arlington Park, Belmont, Calder, Churchill Downs, Fingerlakes, Hollywoodpark, Indianadowns, Louisianadowns, Meadowlands, Monmouth and Philadelphiapark.
Killing M Softly: Raced 3? lengths behind in sixth after a half-mile, came off rail on far turn, rallied from fifth to make up more than 2? lengths and lost by a neck at 1 1/16 miles on yielding turf June 11.
Devil's Diary: Raced fifth early, dropped back to ninth more than 9? lengths behind after a half-mile, came five wide into stretch, rallied from fourth to make up 3? lengths and lost by a head at 1 1/16 miles on the turf June 4.
Unreal Rocket: Bumped with winner at break, raced more than 10? lengths behind after a half-mile, came five wide into stretch, rallied from fifth to make up more than 6? lengths and lost by a neck at six furlongs on May 27.
Homerette: Raced eighth early, inched up to seventh more than 4? lengths behind after a half-mile, rallied four wide nearing stretch, made up more than four lengths and lost by a neck at six furlongs on June 11.
Preacher's Tale: Raced third early, dropped back to sixth more than 6? lengths behind after a half-mile, came three wide into stretch, rallied from fifth to make up four lengths and lost by a neck at six furlongs on June 4.
Peg's Player: Raced eighth early, dropped back to ninth more than five lengths behind after a half-mile, came wide for drive, rallied from fifth to make up seven lengths in stretch and lost by a half-length at 1 1/8 miles on the turf May 24.
Bucketful of Hope: Bumped by winner at break, steadied, raced 7? lengths behind in fifth at a quarter-mile, dropped back to sixth entering stretch, made up more than 4? lengths and lost by three-quarters of a lengths at 4? furlongs on a sloppy surface at June 11.
Sweet Smiley: Raced fifth early, dropped back to sixth more than 3? lengths behind after a half-mile, steadied leaving backstretch, steadied again on turn, angled out for drive, gained more than 1? lengths in stretch and finished willingly second by three-quarters of a length at seven furlongs on June 3.
Staria: Steadied at start, checked early, raced more than 5? lengths behind after a half-mile, rallied four wide in stretch, made up more than four lengths and lost by a head at a mile on the turf April 30.
Rashaund: Raced fifth more than six lengths behind after a half-mile, swung out seven wide entering stretch to make more than three lengths and gained second by more than 3? lengths at six furlongs on June 7.
Dynamist: Raced 6? lengths behind in sixth after a half-mile, inched up inside on far turn, lacked room at quarter pole, straightened after going very wide into the lane, made up more than 2? lengths in stretch and lost by three-quarters of a length at 1 1/16 miles on the turf June 4.
Lord Lovat: Broke sluggishly, bumped rival, raced eighth more than eight lengths behind after a half-mile, advanced along rail on turn, eased out between foes four wide for the drive, rallied from fourth to make up 4? lengths in stretch and gained second by a neck at six furlongs on May 21.
Handlewoman: Broke in air, landed badly to trail early, raced ninth more than 8? lengths behind after three-sixteenths of a mile, raced near hedge around turn, angled out eight wide into lane, bumped late by winner, made up more than two lengths and lost by a length at five furlongs on the turf May 13.
Sosella: Raced 12? lengths behind in fifth after a half-mile, angled to rail in upper stretch, made up more than 4? lengths and lost by a neck at 1 1/16 miles on April 29 at Tampa Bay Downs.
Early Ronan: Raced eighth more than 5? lengths behind after three-eighths of a mile, came out in mid-stretch to make up more than seven lengths and lost by a neck at 5? furlongs on the turf June 9.
La Chola: Squeezed back at break, trailed early, inched up to seventh more than eight lengths behind after a half-mile, rallied from fifth to make up more than three lengths in stretch and lost by a neck at six furlongs on June 2.
Purple Royale: Raced seventh more than 16 lengths behind after a half-mile, moved up on turn, came out in stretch to rally from fifth, closed willingly to make up more than six lengths and lost by a neck at 7? furlongs on May 27.
New Joysey Jeff: Stalked pace in second from onset a bit off rail, put a head in front three deep in mid-stretch, rider lost whip past sixteenth pole and was beaten by three-quarters of a length at a mile on the turf May 21.
Buster Bailey: Raced fourth after a half-mile, saved ground into the lane, angled out in stretch, caught leader inside sixteenth pole and drew clear by two lengths at 1 1/16 miles on the turf May 8. (Raced fifth early, dropped back sixth inside six lengths behind after a half-mile, angled to mid-track for drive, finished second full of run making up 3? lengths in stretch and lost by a neck at 1 1/16 miles on the turf May 20.)
Best Colors: Raced fifth more than 3? lengths behind after three-eighths of a mile, moved out for drive while being straightened, made up more than two lengths and lost by a half-length at five furlongs on June 11.
Ski Race: Off a bit slow, trailed early, advanced to seventh more than eight lengths behind after a half-mile, rallied three wide from sixth into stretch, made up more than 4 ? lengths and lost by three-quarters of a length at six furlongs on June 4.
Unreal General: Broke from outside, raced sixth early, dropped back to seventh two lengths behind after a half-mile, slipped through along rail leaving furlong marker, closed fast from sixth to make up more than five lengths in stretch and lost by a head at a mile on the turf April 15 at Tampa Bay Downs.
Shadowmom: Raced 12? lengths behind in sixth after a half-mile, angled outside, launched rally in the lane, made up more than 3? lengths in stretch and lost by three-quarters of a length at a mile and 70 yards on a sealed muddy surface June 8
Sterwins: Chased pace four wide 9? lengths behind in sixth after a half-mile, dropped back on turn, came again in stretch, made up 6? lengths and lost by three-quarters of length at six furlongs on May 20; ran final quarter in 24 4/5 at Belmont. (Gained lead by a head after a quarter-mile, steadily increased margin into the lane and cruised to a 10?-length victory at 1 1/16 miles on June 10.)
Slews Enough: Pinched back, bumped at break, trailed early, inched up to seventh more than seven lengths behind after a half-mile, came three wide into stretch, rallied from fourth to make up more than 2? lengths and gained second by 3? lengths at six furlongs on May 13. (Tracked pace three wide in third on turn, but couldn't close gap in stretch and lost by 1? lengths at six furlongs on a muddy surface on June 9.)
Letrado: Raced fifth early, dropped back to sixth more than 6? lengths behind after a half-mile, advanced wide on far turn, rallied from third to make up 2? lengths in stretch and lost by a half-length at a mile and 70 yards on May 13.
Sans Win: Went to lead soon after the break, led by a head after a quarter-mile, turned it on in the lane and drew off by 10? lengths at 1 1/16 miles on June 10. (Chased pace wide early, raced 3? lengths behind after a half-mile, launched rally on turn, but couldn't close gap in stretch and lost by 2? lengths at 6? furlongs on June 11; returned $8 for place.)
Sign Post: Didn't break alertly, raced sixth early, advanced to fifth more than six lengths behind after a half-mile, rallied inside into stretch, closed gamely from fourth to second making up two lengths and lost by a length at 5? furlongs on April 11. (Pressed pace early, led by a half-length after a half-mile, took command in stretch and won by three lengths at six furlongs on May 6.)
Imachadancer: Raced sixth more than 3? lengths behind after a half-mile, rallied to fourth in stretch, closed well to make up 5? lengths and lost by a length at six furlongs on a sloppy surface April 8.
Horse Racing Betting System
AUSTRALIAN jockey Chris Munce was yesterday questioned by racing stewards in Hong Kong after his arrest by the city's corruption investigators.
Munce was apprehended at Hong Kong International Airport yesterday and was one of seven people arrested in a swoop on an alleged tips-for-bets bribery scam.
The Hong Kong Jockey Club said it acted yesterday to question Munce in the best interests of horse racing in Hong Kong after his arrest by the Independent Commission Against Corruption.
'Evidence was today taken from jockey Christopher Munce who confirmed he was the jockey referred to in the ICAC press release,' the club said.
'Having taken initial evidence from jockey Munce, the stewards adjourned the inquiry to a date and time to be fixed.'
Leading Sydney trainer Clarry Conners yesterday expressed total shock at Munce's arrest.
'I thought it was a joke and that he must have been caught crossing double yellow lines or something.'
Munce claimed the first of his two Golden Slipper wins aboard the Conners-trained Prowl in 1998, the same year he won the Melbourne Cup.
The jockey has been riding in Hong Kong this year and ended the season third on the premiership behind Douglas Whyte and Brett Prebble.
Munce was detained by ICAC amid claims of a betting scam as he was preparing to return home after the end of the Hong Kong racing season.
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