Great British Bake off Bets Halted By Ladbrokes
Great British Bake Off bets halted by Ladbrokes
Ladbrokes has stopped banking on BBC reveal the Great British Bake Off after a flurry of wagers stimulated worries the winner's name might have been dripped.
"A run of bets" was positioned for one participant, numerous at shops in the Ipswich location, the bookmaker stated.
It is not understood which baker prompted the flurry or whether any entrants have connections with the Suffolk town.
The first episode of the popular amateur baking contest aired on BBC One Wednesday evening.
It is the sixth series of the show, which challenges 12 hopefuls to impress judges Mary Berry and Paul Hollywood.
Each week the amateur bakers are anticipated to deal with a baking difficulty, with minimal directions, and provide a "signature dish".
'Soggy bottom'
The bookmaker stated a flurry of bets came in for one of the 12 contestants whose odds began at 12/1 and were reduced to 6/1, 3/1 and then evens.
"We offered prices on Monday and, nearly before the ink was dry, an uncommon number of punters were in a rush to back only one participant," David Williams of Ladbrokes stated.
"On Tuesday and Wednesday it was more of the same one-way traffic. That was enough to set our alarm bells sounding and, as a preventative measure, we suspended our betting.
"Hopefully, we'll go back up with modified odds faster rather than later on, however we didn't want to get caught with our pants took down and a soggy bottom, so we've chosen to relax until we are reassured that Bake Off hasn't gone off already.
"When you see a run of bets like this for one candidate at the expenditure of everyone else that can be a sign to suspend betting for a bit to evaluate the scenario," he added.
Great British Bake Off bets halted by Ladbrokes
Ladbrokes has stopped banking on BBC reveal the Great British Bake Off after a flurry of wagers stimulated worries the winner's name might have been dripped.
"A run of bets" was positioned for one participant, numerous at shops in the Ipswich location, the bookmaker stated.
It is not understood which baker prompted the flurry or whether any entrants have connections with the Suffolk town.
The first episode of the popular amateur baking contest aired on BBC One Wednesday evening.
It is the sixth series of the show, which challenges 12 hopefuls to impress judges Mary Berry and Paul Hollywood.
Each week the amateur bakers are anticipated to deal with a baking difficulty, with minimal directions, and provide a "signature dish".
'Soggy bottom'
The bookmaker stated a flurry of bets came in for one of the 12 contestants whose odds began at 12/1 and were reduced to 6/1, 3/1 and then evens.
"We offered prices on Monday and, nearly before the ink was dry, an uncommon number of punters were in a rush to back only one participant," David Williams of Ladbrokes stated.
"On Tuesday and Wednesday it was more of the same one-way traffic. That was enough to set our alarm bells sounding and, as a preventative measure, we suspended our betting.
"Hopefully, we'll go back up with modified odds faster rather than later on, however we didn't want to get caught with our pants took down and a soggy bottom, so we've chosen to relax until we are reassured that Bake Off hasn't gone off already.
"When you see a run of bets like this for one candidate at the expenditure of everyone else that can be a sign to suspend betting for a bit to evaluate the scenario," he added.