The bookmakers’ get out of the “related contingency” clause is set to strike an unknown number of William Hill punters if Dawn Approach pulls off a win in the Epsom Derby on Saturday. The bookmaker does not expect to pay out at odds of 102-1 to people who backed the Godolphin owned colt on the ante-post market to pull off a 2000 Guineas/Derby double.
The related contingency clause refers to situations where the result of one event directly influences the market for another, later one. Kate Miller, PR director at William Hill explained, “Bookmakers do not offer multiple opportunities whereby the result of one event can directly affect the pricing of a second one. Examples of this might be England to win the first group match of a tournament doubled with winning the group overall, or a horse to win a Derby trial and then go on to win the Derby.”
Hills took a number of this kind of bet on Dawn Approach doubling up on the morning of the Dewhurst Stakes last October, but they should not have been available and should have been refused. Miller claims they have done their best to meet people half way, saying, “Customers were allowed to place straight doubles on the two events in error. We’ve contacted these customers to offer generous settlements or alternative settlements as per our rules.”
There is a glimmer of hope for the unlucky folk who thought they were sitting on a good return, because one Irish punter who had €20 at 5/1 and 16/1 has raised the matter with the Independent Betting Adjudication Service. Miller said, “We’ll abide by its findings and apply them to all customers if we are found to be at fault or incorrect. It was an error on our part, which is unfortunate, but I believe we’ve offered reasonable terms and settlements.”