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Coral count cost of Stenson’s Open glory

Coral is counting the cost of Henrik Stenson’s Open Championship victory this evening, having offered a top price 33-1 about the Swede going into the Royal Troon tournament.  The firm took a substantial six-figure hit following his victory over Phil Mickelson, although a second Claret Jug for the American would have been even more expensive for Coral, having laid the 2013 winner at a clear top price of 50-1 prior to Thursday’s start.

“Although it became clear early on day two that our biggest ante-post liability Colin Montgomerie wasn’t going to ‘do a Leicester’ and pull off a shock success, we knew our fate going into the final round, as both Henrik Stenson and Phil Mickelson were big losers in our book, and with the trailing pack some way behind, it looked highly unlikely both men would be caught to spare us a hammering.  The only saving grace is that a win for Mickelson would have been twice as costly, although the each-way losses on him still did plenty of damage,” said Coral’s David Stevens.

There was some good news for the layer though, as they reported no notable decrease in in-running turnover following the switch of live coverage of the Major from BBC to Sky.

“Going into the tournament we had been concerned that in-running turnover could be hit by the switch of live coverage from BBC to Sky, but that doesn’t appear to have been the case.  Early indications are it may have been slightly down over the weekend, but that can be put down to the lack of competition at the top of the leaderboard, with the pair of golfers dominating for much of the final two days,” added Stevens.

ENDS

Further Information Contact

David Stevens 07720 400438