BetVictor left counting the cost of Spain cashback on Euro 2012

Jul 02, 2012, 07:12 ET from BetVictor

LONDON, July 2, 2012 /PRNewswire/ --

BetVictor were this morning ruing their decision to give customers their money back on losing bets in the outright market placed before the first ball was kicked on Friday June 8th if holders Spain retained their European crown. The maximum refund was £50 per person. 

Spokesperson Charlie McCann: "The cashback cost us a substantial six-figure sum and we already have the monies back in our customers' accounts; our belief was that La Roja would miss both Carlos Puyol and David Villa, that Fernando Llorente had finished the season poorly and that Fernando Torres had struggled to find his form all season. Little did we know they could win the Tournament without a recognised striker! The best side won and we have no complaints; if you are going to have such an offer it has to be on one of the fancied nations or it is meaningless. We are today licking our wounds and counting the cost, but congratulations to those who backed Germany, England, France, Holland even Italy pre-event as we had losing stakes back in our clients' accounts by midnight last night".  

Charlie McCann
Director of Online Public Relations
Mobile: +44(0)7803295931
Office: +350-20006137

SOURCE BetVictor