Capital Chronicle is written from Grenoble, France by RJH Adams.

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Chaos everywhere

Posted on June 19, 2008

There used to be certain events that, while not racing certainties, heavily favoured laying money on because they contained moments that were easy to predict or hedge: test match cricket involving Australia; the US Presidential Election; and any major international football tournament.None of these are gimmees anymore (or maybe just for this year) but it is Euro 2008 that is especially upsetting (the others are merely intriguing). Don t these Dutch, Turks and Portuguese understand that a fundamental precept to modern football hedging (or straight betting if you are a bit mad) is that 38% to ...

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