commit 622a91d1539fd6f15aac6c93b595aecc4332b7f5 Author: lettiedebernal Date: Sun Oct 19 07:06:42 2025 +0800 Add 'Ladbrokes Suffers Worst Cheltenham Festival In Memory' diff --git a/Ladbrokes-Suffers-Worst-Cheltenham-Festival-In-Memory.md b/Ladbrokes-Suffers-Worst-Cheltenham-Festival-In-Memory.md new file mode 100644 index 0000000..e500045 --- /dev/null +++ b/Ladbrokes-Suffers-Worst-Cheltenham-Festival-In-Memory.md @@ -0,0 +1,20 @@ +
[Ladbrokes suffers](https://viewcast.altervista.org/@muoishade82761?page=about) worst in memory
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21 April 2016
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[Bookmaker Ladbrokes](https://viewcast.altervista.org/@muoishade82761?page=about) has stated [this promotion code](https://gitea.clintmasden.duckdns.org/terrellzuniga6) [year's Cheltenham](https://gitlab.cranecloud.io/clarabosch8916) Festival was its "worst in living memory".
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All bookies were hit by a string of favourites winning at the celebration, but Ladbrokes also argued that competitors were using bets at levels that did not make organization sense.
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Ladbrokes also [verified](https://worldaid.eu.org/discussion/profile.php?id=1117945) that it has a ₤ 3m liability if Leicester City win the Premier League.
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Despite [this promotion code](https://gitea.clintmasden.duckdns.org/terrellzuniga6), the company stated it had seen a motivating start to the year.
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Revenue was more than 10% greater.
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Chief executive Jim Mullen said: "At Cheltenham we were advised of the extreme competition with offers and pricing at levels which, in our view, deserted bookmaking concepts.
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"We competed difficult however declined to [pursue unsustainable](https://wiki.tgt.eu.com/index.php?title=User:TorriBagley) [methods](https://gitlab.tu-dortmund.de/leonardkidd162)."
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He informed the BBC gaming was for his customers, not his business: "I have actually always stated we remain in the [betting](https://wiki.pine64.org/wiki/Bet9ja_Promotion_Code:_YOHAIG_-_A_Step-by-Step_Guide_To_The_Bet9ja_League_Free_Bets) business, we don't bet ... I thought Cheltenham was a race to the bottom."
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The company said the Grand National winner, Rule The World, which was a 33/1 shot, provided a [bet9ja's welcome offer](http://ysx.myds.me:3005/ronnysnoddy476) contrast to Cheltenham.
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Ladbrokes stated it was "positive" that its outcomes would remain in line with expectations.
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'Recreational punter'
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Last year Ladbrokes announced plans to merge with its smaller competitor, Coral.
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UK competition authorities are currently looking at the [bet9ja's welcome offer](https://harry.main.jp/mediawiki/index.php/%E5%88%A9%E7%94%A8%E8%80%85:MargaretSwan611).
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Steve Clayton, analyst at Hargreaves Lansdown stockbrokers, said the most recent trading statement from Ladbrokes was encouraging, but [the yohaig code](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) real concern was whether the merger with Coral would be enabled: "A [merged Ladbrokes](https://plamosoku.com/enjyo/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:KristoferDodery) and Coral will have a dominant retail position, even if lots of stores have actually to be sold off.
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"We anticipate considerable cost conserving will be possible since there will be vast areas of overlap and unneeded duplication of functions throughout [the yohaig code](http://ysx.myds.me:3005/ronnysnoddy476) combined company."
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[Ladbrokes](https://bk-house.synology.me3081/dianahaly8341) is [pursuing](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/viewtopic.php?id=5621041) a various technique to that of its rivals by concentrating on [client service](https://harry.main.jp/mediawiki/index.php/%E5%88%A9%E7%94%A8%E8%80%85:MargaretSwan611) and the [occasional](https://x.com/YohaigNG/status/1845872747924123782) punter, who will not necessarily hunt for the very best odds.
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Mr [Clayton](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) said: "The bookie's method is to concentrate on the 'recreational punter', simply put the still soft and malleable, unhardened bettors out there.
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"These individuals do not know what the right odds must be, so it is simpler to develop a fat win margin into the [bookmaker's terms](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206638/Default.aspx)."
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