UK Regulators Concerned At Racehorse Betting Price Manipulation Claims

UK regulators have warned bookmakers that their long-term viability relies on players' trust after appealing for evidence of on-course horse race betting odds manipulation.

Gambling Commission chief executive Tim Miller spoke out after claims that bookmakers may have forced an unwarranted deduction from winnings on the last race at Cheltenham on New Year’s Day.

A deduction of five pence in the pound from winning bets was triggered when Cockney Wren was taken out of betting lists just before the race started — even though it had actually been withdrawn more than 40 minutes earlier.

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