Paddypower had one of the better Champions League specials. If Barcelona won the game in 90 minutes they would refund all losing first/last goalscorer, correct score and scorecast bets. According to their press office they refunded €3000000.
Paddy Power have refunded a record breaking €3,000,000 in losing bets placed on tonight’s Champions League Final.
The bookie had sensationally pledged to refund losing bets on the Champions League Final, if red-hot favourites Barcelona won the match in 90 minutes. Pedro’s first half goal had the writing on the wall for Paddy Power and set the wheels solidly in motion for the massive record breaking €3,000,000 customer refund.
This astoundingly generous offer, which applies to all losing first/last goalscorer, correct score and scorecast bets placed on the match, was chosen by Paddy Power customers from a list of potential Money-Back specials on the game.
Paddy Power said “This Money-Back Special was chosen for our customers by our customers so I had a feeling it was always going to end up this way. A three million quid refund has raised the bar to new heights, but that’s what happens when you bet with Paddy Power.”
Personally, I’d say thats an exaggeration. Maximum refund was £100 per person so to lose 3 million euros they must have had around 30,000 people all losing the maximum amount. I can’t really see that myself. I am guessing they had 3 million wagered on the game and had to refund a percentage of those bets. Back in 2008, they lost 1.5 million euros on the Ronaldo special bet in which they refunded ALL losing bets, after Ronaldo scored.
Barcelona winning probably cost them more in payouts. All the big hitters would have been backing Barcelona to win. 3-1 was 17/1 at Paddypower which was a popular scoreline to have. It was no doubt an expensive night for Paddypower but I doubt they refunded 3 million euros.
Victor Chandlers refund was also triggered when Wayne Rooney scored the equaliser for Manchester United. Bet365 who’s offer was probably the most generous probably lost a shed load too. I had my free in running bet on Barcelona at half time at 2.05. Anyone watching the game would have seen it was men against boys and only Barcelona were going to win that game.