Betting Scandal or OVer reaction?

http://www.heraldsun.com.au/sport/afl/david-king-denies-using-inside-information-to-place-rising-star-bet/story-fnp04d70-1227232945808

This all to do with whether David King had prior knowledge of the Rising Star winner in the AFL

This was the second paragraph from the Advertiser 20/2
* The investigation was triggered after a tip off by a leading betting agency last September*

Should we have sympathy for Bookmakers who complain of 'alleged' foul play in these instances ?

Bookmakers that bet on events , with results that are 'eventually' known , by 1+ people are asking for trouble

Sportsbet is currently betting on the next leader of the Liberal Party when Tony Abbott is replaced
$1-30 Mal Turnbull
$3-50 Julie  Bishop
$8-00 Scott Morrison
$16 Andrew Robb
$17 Chris Pyne
$19 Greg Hunt
$21 Joe Hockey
$21 Peter Dutton
$34 Tony Smith
$34 Mal Brough
$51 Peter Costello
$101 Bronwyn Bishop
$251 Sophie Mirabella

After what happened with King, this Bookie continues to bet on an outcome that may well be known within the Liberal party
If anyone has privvy info about the next PM, and beats the bookie, should that bookie feel aggrieved?

This is purely hypothetical for discussion purposes
Bookie bets most possessions in a football game
The betting is
$1-90 Bayman
$1-95 Lee

Both are speedy wingmen , the bet could go either way
We have Booney who is a trainer at Baymans team
He knows that Bayman twisted his knee the night before after leaping in the air after getting the Quadrella at the trots
The intention in this game is to play Bayman for about 60% or less of match time
Bayman is to now start the game on the interchange

So with this 'privvy' info , Booney texts his mate Testy
Testy , rings up the corporate bookie and places a bet on Lee to have most possessions

End result
Lee has more possessions
Bayman only played half the game on the field
Booney and Testy, 2 well knowns are implicated in a scandal of sorts


Should we feel sorry for the Bookie ?
Or should the bookie not bet on risky outcomes?

i hope i got my share

Scrappy wrote:This all to do with whether David King had prior knowledge of the Rising Star winner in the AFL

This was the second paragraph from the Advertiser 20/2
* The investigation was triggered after a tip off by a leading betting agency last September*

Should we have sympathy for Bookmakers who complain of 'alleged' foul play in these instances ?

Bookmakers that bet on events , with results that are 'eventually' known , by 1+ people are asking for trouble

Sportsbet is currently betting on the next leader of the Liberal Party when Tony Abbott is replaced
$1-30 Mal Turnbull
$3-50 Julie  Bishop
$8-00 Scott Morrison
$16 Andrew Robb
$17 Chris Pyne
$19 Greg Hunt
$21 Joe Hockey
$21 Peter Dutton
$34 Tony Smith
$34 Mal Brough
$51 Peter Costello
$101 Bronwyn Bishop
$251 Sophie Mirabella

After what happened with King, this Bookie continues to bet on an outcome that may well be known within the Liberal party
If anyone has privvy info about the next PM, and beats the bookie, should that bookie feel aggrieved?

Mal Brough he'd be a smokey to win