There was relief for bookmakers after El Fabiolo’s Champion Chase defeat saved them a a “multi-million pound” pasting from the punters on day two of the Cheltenham Festival.
After a Willie Mullins treble landed on day one of the meeting, the layers were staring down the barrel of a repeat after Ballyburn and Fact To File had both landed the spoils at short odds.
With the absence of Jonbon, El Fabiolo was sent off the 2-9 favourite to inflict more misery on the bookies in the Betway-sponsored feature, but they were given a reprieve as the market leader’s jumping fell apart – being subsequently pulled up, with fellow Irish raider Captain Guinness limiting the damage as he obliged at odds of 17-2.
“After his opening day treble, we knew the three Willie Mullins-trained hot favourites would feature in many, many accumulators on day two, and the writing looked on the wall when Ballyburn and Fact To File landed the first two legs,” said Coral’s David Stevens.
“On this occasion, however, it wasn’t to be, and to the great relief of the layers, an early blunder from the favourite saw punters’ hopes dashed.
“It wasn’t up there with the Annie Power fall, but we needed a result and we got it, and we go into day three with all to play for.”
Lawrence Lyons, spokesperson for BoyleSports, added: “Punters were jumping for joy when Willie’s first two favourites bolted up, but El Fabiolo threatened major damage so we’re saying cheers to Captain Guinness who definitely pulled a rabbit out of the hat for us.”
Although not many punters benefitted from the victory of Captain Guinness, one winner was the ‘Rachael Blackmore – Serial Winners Fund’ with Betfair adding a further £10,000 to the charity initiative set up to raise funds for both the Injured Jockey Fund and the Irish Injured Jockeys.
“What an amazing win for Rachael and the injured jockeys’ charities in the UK and Ireland,” said Betfair’s Barry Orr.
“The pot now strands on £205,000 and hopefully there are more celebrations to come this week.”
One firm refusing to get carried away in the Captain Guinness celebrations was BetVictor, with representative Sam Boswell feeling the advantage very much lies with the punters with two days of action still to go.
He said: “After winning the first race with Ballyburn the pressure was on as punters rejoiced, Mullins then had Fact To File win the Brown Advisory Novice Chase at 8-13.
“The respite of a domestic winner in the Coral Cup was limited as Langer Dan (13-2) was a popular pick to score back to back wins.
“It came down to the Champion Chase where El Fabiolo looked set to put us to the sword. It was only a jumping error that prevented potentially significant payouts across the industry as Rachael Blackmore was able to take advantage on Captain Guinness.
“It was another big day for punters and at the halfway stage bookies are very much 2-0 down.”
Those sentiments were echoed by Paddy Power, with spokesperson Paul Binfield adding: “El Fabiolo’s unfortunate mistake was the crucial moment of the day for the bookies and was absolutely massive saving us a seven-figure payout.
“We were slightly up on the day, but after a resounding victory for punters on Tuesday, they’re still in front.”
NB: You can watch the Cheltenham Festival live on Sportsmax.
Supreme Ventures Racing urges review of racing rule after Caymanas Park abandonments
Supreme Ventures Racing and Entertainment Limited (SVREL), operators of Caymanas Park, have called for a review of Rule 44 (iii) enforced by the Jamaica Racing Commission (JRC) following the cancellation of two races during the April 27 race meet at Caymanas Park.
In a press conference on Monday addressing the abandoned races, SVREL Executive Chairman Solomon Sharpe expressed frustration with the rule, highlighting its potential impact on the racing industry.
"This rule, unique to Jamaica, imposes a strict five-minute limit after the published post time for races at Caymanas Park," Sharpe stated. "It fails to account for various factors that can delay race starts and penalizes all stakeholders when races are abandoned, affecting punters, jockeys, grooms, trainers, owners, promoters, and the government."
Last year, Caymanas Park contributed over $260 million in combined taxes to the government's coffers. Sharpe urged the JRC to engage SVREL in discussions on Rule 44, emphasizing the need for constructive dialogue to address the rule's impact.
"We were not consulted during the initial discussions on this rule, and now, with two races abandoned in a single race day, our concerns have materialized," Sharpe explained. "SVREL is open to collaborating with the JRC to review and refine this amended rule."
Representatives from the Grooms Association, Jockeys Association, and the United Racehorse Trainers Association echoed SVREL's concerns and supported the call for a review of Rule 44.
Sharpe concluded by appealing to regulators, stakeholders, and the public to support the growth of the horseracing industry in Jamaica. "Horseracing has immense potential in Jamaica and can become a significant foreign exchange earner. Realizing this potential requires collaboration among all stakeholders."
SVREL has been operating Caymanas Park since March 2017 after the government divested the property. With investments exceeding J$4 billion in product enhancements and innovations like the Mouttet Mile, which boasts the largest purse in the English-speaking Caribbean, SVREL remains committed to advancing the horseracing experience in Jamaica.
Supreme Ventures Racing regrets abandonment of two races at Caymanas Park on Saturday
Supreme Ventures Racing & Entertainment Limited (SVREL) has expressed regret and disappointment following the abandonment of two races during the Saturday, April 27 race day at Caymanas Park in St Catherine, Jamaica.
The decision to abandon these races, SVREL said, was made in compliance with regulations set forth by the Jamaica Racing Commission (JRC), leading to the refund of all related pools according to SVREL's Pari-mutuel rules.
According to the statement released by SVREL late Saturday, the abandonment of races number one and six, respectively, was declared by the stewards of the Jamaica Racing Commission (JRC) due to delays that exceeded the permitted time frame as stipulated by Rule 44(iii).
Specifically, in race number one, scheduled to commence at 12:00 pm, a saddling issue with horse number five and a mandatory veterinary check for horse number eight, which reared and fell after exiting the saddling barn, resulted in delays beyond the allowable limit.
Similarly, race number six, slated for 3:10 pm, was delayed due to a horse running loose, ultimately leading to its abandonment by the stewards of the JRC.
SVREL explained that the recent amendments to Rule 44(iii), which came into effect from April 1, 2024, mandate strict adherence to race start times with a maximum allowance of five minutes after the published post time. SVREL noted that Jamaica is unique in enforcing such a rule without prior consultation with the sole promoter of horseracing in Jamaica.
The enforcement of this rule has led to financial losses for industry stakeholders, including owners, trainers, jockeys, grooms, punters, and the promoter and as such the disruption caused by the abandonment of these races understandably resulted in unrest among stakeholder groups.
Despite the challenges faced, the race meet resumed with race number seven at approximately 4:00 pm, SVREL noted.
SVREL has now issued a sincere apology to valued customers and stakeholders for the inconvenience caused by the abandonment of races one and six by the JRC. SVREL also emphasized its readiness for open dialogue with the JRC and all impacted stakeholders to ensure the continued success and integrity of the horseracing industry.
As the sole promoter of horseracing in Jamaica, SVREL said it remains committed to addressing challenges collaboratively and upholding the highest standards of professionalism and service within the industry.
Light seeking to shine again at Sandown
Kitty’s Light is taking aim at his usual season finisher in the bet365 Gold Cup at Sandown.
The gelding has been a star for trainer Christian Williams, winning big handicap events like the Eider Chase and the Scottish Grand National and going close in the Charlie Hall and the Coral Trophy.
He has particularly good record in the bet365 Gold Cup on the final day of the season, missing out only due to interference when second in 2021 and coming home third in 2022.
Last year he was completed the set of podium finishes when winning by two and a half lengths under usual jockey Jack Tudor.
The two are well acquainted and teamed up for Kitty’s Light’s Grand National bid at Aintree earlier in the month, where he ran a valiant race to finish fifth behind four Grade-One winning Irish chasers.
Williams was incredibly proud of his stable star and is now hoping the gelding can shine again in the Sandown contest he has found to be lucrative in the past.
“It was wonderful, we trained him to win the race and we thought he could, but you couldn’t be disappointed with what he did,” Williams said of the National performance.
“We were thrilled, the horse tried his best and we were very, very proud of horse and jockey.
“He’s come out of it very well, if the race was run today even then he’d be running, he’s in good form.
“He loves it at Sandown with the big fences, his jumping has come on now but even as a five-year-old he nearly won the race.
“He was third the year after that, it really seems to suit him.
“I think he likes going right-handed, he hangs a little bit right at home and he seems to really enjoy it there.
“We’re taking our chance anyway, he seems well and we’ll hope for the best.”
SportsMax is the Caribbean sports channel of choice, committed to providing sporting content of the highest quality to the Caribbean, delivered by a team of highly innovative, passionate and qualified professionals.
(876) 619-7629
digitalmedia@sportsmax.tv
