Irish trainer and jockey land monster gamble, hit bookies for €5m
Trainer Charles Byrnes and jockey Davy Russell teamed up to land an incredible gamble last night in Roscommon, with their three-timer of long shots coming in at astounding odds of 3300/1.
The three winners (War Anthem, Mr Smith and Top Of The Town) all were large prices when the books opened yesterday, available at 16/1, 12/1 and 14/1 respectively.
However, as they became big fancies and money poured in their prices tumbled, going to post at odds of 6/1, 7/4 and 5/4.
If you took the early price treble the odds were 3314/1 but if you only got the starting price the treble was 42/1.
The Star spoke to a number of bookies, and it was a painful day for them, with industry insiders claiming it would have cost in the region of €5m.
Boylesports' Liam Glynn admitted they had been taken for six figures while Paddy Power's Feilim Mac An Iomaire confessed they had 'their pants pulled down' by Byrnes.
As for the trainer himself he was quite calm. "It's just the way it happened, I wouldn't say I planned it," the Limerick trainer is quoted as saying in the Star.
"I had some of my horses come into form and I thought that I may as well throw three or four of them in together. It was in the last couple of weeks I was able to put it together. Long term it would be impossible to plan."