Food for thoughtOur Predictions

Bookmakers Set to Recover Their Losses

By 19th February 2019 No Comments

As the threat of equine flu still lingers in the air, an overview of the losses within the industry draws our attention towards the bookmakers who are set to recover their recent losses.

The precautionary method to prevent the spread of the disease saw the recent 6 day nationwide shutdown for UK horseracing, leading to significant profit losses across all sectors within the industry. For bookmakers alone, an industry-wide estimate sets the figure at around a £10m loss of gross winnings, with further losses for the likes of venues, sponsors and horse owners.

Although the shutdown only lasted a short period of time, losses are losses, and this can be detrimental to a bookmaker’s yearly profit forecasts. As the British Racehorsing Association (BHA) puts forward the suggestion to reschedule the lost fixtures, it is clear that that the losses for both the venues and bookmakers are significant, and a matter that is encouraged to be recovered.

The adjusted yearly forecasts for bookmakers are likely to have already taken an influence on their daily betting odds, cumulatively recovering their losses in an untraceable fashion. So, whether or not horse racing is your preferred wagering sport, one thing to note is the potential for more market mispricing opportunities across all sports, providing more chances to utilise our betting algorithm to beat the bookmakers!

Refer a Friend to Apex Alogorithms

Our unrivalled market performance and excellent quality of service are the reasons why our clients countiunue to invest with us and recommended us to their friends and family . In fact, more than a third of our sales come from repeat bussiness and refferals alone.

Complete the form below to send a personalised message to your friend.

Your Message

HNW/Sophisticated

NOTICE TO INVESTORS
The content of this website has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion, for the purpose of engaging in any investment activity, may expose an individual to a significant risk of losing all the property or other assets invested.

DISCLAIMER
Information contained in this investment opportunity is NOT intended for retail investors. Therefore, you are requested to confirm that you are one of the following:
A High Net Worth Individual*, A Sophisticated Investor*, A Client of a Financial Advisor, An Investment Professional or Advisor

PLEASE ACCEPT IF YOU FALL INTO ONE OF THE CATEGORIES ABOVE AND THEREFORE WISH TO BE TREATED AS SUCH AND NOT AS A RETAIL INVESTOR.