Cheltenham punters bet £280m with Paddy Power owner Flutter

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Cheltenham punters bet £280m with Paddy Power owner Flutter
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Group's three online bookies handle 37m wagers

Galopin Des Champs ridden by jockey Paul Townend on their way to winning the Boodles Cheltenham Gold Cup Chase on day four of the Cheltenham Festival. Flutter-owned Paddy Power, Betfair and Sky Bet handled €280 million in bets over the course of the meeting. Photograph: Steven Pasto/Jockey Club/PARacing fans bet more than €280 million with Flutter-owned bookies Paddy Power, Sky Bet and Betfair through last week’s Cheltenham Festival.

Dublin-based Flutter calculates that the three online betting operations handled 37 million individual wagers through the four-day jumps jamboree. The group’s bookies took in “well over £250 million sterling in stakes” over the course of the meeting. Despite victories for 10 favourites, headed by the Willie Mullins-trained Galopin des Champs in the meeting’s showpiece, Friday’s Boodles Cheltenham Gold Cup, Flutter says it ended the week in the black.

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