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Newcastle Manager Trading - more than £2m traded

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Harry Redknapp hit a Betfair low of 2-5 overnight to get the Newcastle manager job, as over £2m has now been traded on the exchange.

His price has currently drifted to 4-7 this morning, though.

The late Thursday evening gamble on Kevin Keegan into 7-1 has subsided, and he is back out to 25-1.

Betfair spokesman Tony Calvin commented: “Redknapp may have been shorter with other bookmakers, but Betfair is the true and public barometer of his prospects of getting the job.

“This is simply because, unlike other bookmakers, the trading history on Betfair is there for all to see – with all matched bets displayed and a graph provided of the betting swings for each manager - and the Betfair market moves because of monies matched.”

To be next Newcastle manager – Betfair bet: 8-13 Redknapp, 8-1 Hughes, 12-1 Shearer, 14-1 Jol, 25-1 Keegan.


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Newcastle Manager Trading - more than £2m traded

Harry Redknapp hit a Betfair low of 2-5 overnight to get the Newcastle manager job, as over £2m has now been traded on the exchange.

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