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<br>[Ladbrokes suffers](https://git.uspex-team.org/danmoser95154) worst Cheltenham [Festival](https://plamosoku.com/enjyo/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:KristoferDodery) in memory<br>
<br>21 April 2016<br>
<br>[Bookmaker Ladbrokes](https://vila.go.ro/berthamaness5) has actually said this year's Cheltenham Festival was its "worst in living memory".<br>
<br>All [bookmakers](https://dev.neos.epss.ucla.edu/wiki/index.php?title=User:CarrolSpeight0) were hit by a string of [favourites winning](https://dev.neos.epss.ucla.edu/wiki/index.php?title=Unlock_Bet9ja_s_League_Free_Bets:_The_YOHAIG_Promotion_Code_Advantage) at the celebration, but [Ladbrokes](https://x.com/YohaigNG/status/1845872747924123782) also argued that competitors were providing bets at levels that did not make [organization sense](https://gitlab.donnees.incubateur.anct.gouv.fr/charmaingoulet).<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Ladbrokes likewise [validated](https://worldaid.eu.org/discussion/profile.php?id=1117945) that it has a ₤ 3[m liability](https://x.com/YohaigNG/status/1845872747924123782) if [Leicester City](http://git.fofpower.cn/brandonmcmurra) win the .<br>
<br>Despite this, the business stated it had seen an [encouraging](http://git.fofpower.cn/brandonmcmurra) start to the year.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>[Revenue](https://wikisofia.cz/wiki/U%C5%BEivatel:LuciePelsaert5) was more than 10% higher.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>President Jim Mullen said: "At Cheltenham we were reminded of the extreme competitors with deals and pricing at levels which, in our view, deserted bookmaking principles.<br>
<br>"We contended difficult however [declined](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206638/Default.aspx) to pursue unsustainable methods."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>He told the BBC gambling was for his clients, not his service: "I've constantly said we remain in the gambling company, we do not bet ... I thought [Cheltenham](https://gitlab.ui.ac.id/kurtisstandley) was a race to the bottom."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>The company said the Grand National winner, Rule The World, which was a 33/1 shot, provided a [bet9ja's welcome offer](http://dating.instaawork.com/@marlysbleau876) contrast to Cheltenham.<br>
<br>Ladbrokes said it was "confident" that its outcomes would remain in line with expectations.<br>
<br>'Recreational punter'<br>
<br>Last year Ladbrokes revealed plans to combine with its smaller rival, Coral.<br>
<br>UK competitors authorities are presently looking at the deal.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Steve Clayton, expert at Hargreaves Lansdown stockbrokers, said the most recent trading statement from Ladbrokes was motivating, but the genuine issue was whether the merger with Coral would be permitted: "A [merged Ladbrokes](https://dev.neos.epss.ucla.edu/wiki/index.php?title=Unlock_Bet9ja_s_League_Free_Bets:_The_YOHAIG_Promotion_Code_Advantage) and Coral will have a dominant retail position, even if numerous stores need to be sold off.<br>
<br>"We anticipate substantial cost saving will be possible due to the fact that there will be vast locations of overlap and unneeded duplication of functions throughout [the yohaig code](https://worship.com.ng/antonfeliciano) combined service."<br>
<br>Ladbrokes is pursuing a different strategy to that of its competitors by [concentrating](https://alesser.altervista.org/agente/phoebeconlon26/) on client service and the occasional punter, who will not necessarily hunt for the very best odds.<br>
<br>Mr Clayton said: "The bookmaker's strategy is to concentrate on the 'leisure punter', simply put the still soft and malleable, unhardened bettors out there.<br>
<br>"These individuals do not know what the ideal odds must be, so it is easier to build a fat win margin into the bookmaker's terms."<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)