BetR in the AFR today, page-2

Bookmakers are now heading into the busiest period of the year, with the NRL and AFL grand finals followed by the Spring Racing Carnival’s Melbourne Cup. Betr, according to its competitors, is exposed to an NRL grand final win by the Penrith Panthers because it offered generous odds of 100-1 on the team winning a third consecutive grand final this year.Betr offered customers who had taken those odds $400 to cash in their bets after Penrith defeated the Parramatta Eels in August. The maximum those who made the bet could have won was $1000.

lol they obviously know that shareholders will foot the bill so are actually quite reckless in how they go about business. Doesn’t bode well for us shareholders who don’t have deep pockets and the benefits they get of massive salaries and bonuses and shares .