Ladbrokes Suspends Betting on Great British Bake Off
While the series may have only just begun, betting has been suspended on this year’s Great British Bake Off due to fears that the winner’s name has been leaked.
After a flurry of unusual activity Ladbrokes announced that it has stopped taking bets on the show. The bookies noticed suspicious betting on one contestant whose odds began at 12/1 and were reduced to 6/1, 3/1 and then evens. Apparently a number of the bets were the maximum amount the bookmakers would accept and 90% were placed on the same contestant.
Many of the bets were placed in Ladbrokes’ Ipswich shops from customers that they had never seen before. This was followed by numerous people opening new online accounts with Suffolk and Ipswich postcodes the next morning. While betting is no longer available, the suspension will not affect bets that have already been placed.