GOONERSGUIDE ENGLISH PREMIER NEWS SECTION

This is our English Premier news section where we provide any news items that might have a significant effect on the matches being played - or sports betting in general.

English Premier News :: Paddy Power Pays out on Portsmouth Relegation Bets

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Posted on 2010-02-25 by Gooner

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The bell has tolled for Pompey according to bookmaker Paddy Power with the Irish bookie paying out on the South Coast club being relegated this season.

Portsmouth had long been fancied by punters for the drop and even pre-season they were the most backed team on Paddy Power's relegation book having been backed from 9/1 to just 3/1 before the season had even kicked off.

By the time of today's payout Avram Grant’s team were just 1/50 for relegation with the hefty five figure payout the biggest win for punters on Paddy PowerPaddy Power's relegation market.

Just over one third of Paddy Power's Premier League relegation bets this season were on the over-spending South Coast club.

With the club confirming they will enter into administration before the weekend, the nine point penalty would almost certainly doom the club who were already seven points adrift of safety at the bottom of the table.

Paddy Power said: "The bells have all but tolled for Pompey so punters shouldn’t have to wait until May to collect their winnings. And with such a tight race on who might fill the other two places in the relegation race hopefully this will give punters a chance to have another relegation wager before the season is over."

Related Premier League Betting Markets at Paddy Power

Paddy Power Latest

To be Relegated
8/13 Burnley
5/6 Hull
6/5 Wolves
9/4 Bolton
4/1 Wigan
7/1 West Ham
15/2 Sunderland

To Avoid Relegation
12/1 Portsmouth
6/5 Burnley
5/6 Hull
8/13 Wolves
2/7 Bolton
1/7 Wigan

check out all the odds at Paddy Power
(New customers get £30 in matched Bets)

 

Sourced From : Paddy Power

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