Paddy Power Hedges their Bets

The Premier League title has already been won - according to some bookies who are already paying out on Chelsea. Mourinho's men have won their first seven matches of the campaign and with 31 games still left to play, it seems Chelsea have already retained the title.

A spokesman for Paddy Power said: 'We know and the punters know the Premiership race is already over so the winnings are better off back in people's pockets.' The bookmakers could suffer a huge loss if Chelsea are beaten, which happened when they paid out early on Arsenal winning the 2003 title only for Manchester United to win. Manchester bookmaker Fred Done, of Betfred, famously paid out early on United to win the 1998 title, and they were beaten by Arsenal.

Ladbrokes will continue to accommodate punters who want a bet on Chelsea to win the Premiership; the current odds – a measly 1/5.

Source - 2005-10-03 11:23:27

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