NewswireToday - /newswire/ - Dublin, Co. Dublin, Ireland, 09/18/2009 - Europe's leading Gaming and Sportsbook have paid out over €1 million to bettors who backed Alejandro Valverde to win the Vuelta A Espana (Tour Of Spain) cycling race - even though the race hasn't been completed.

Are they loco? La Vuelta has not even finished and williamhill.com the leading on-line gambling company which sponsors La Vuelta, is already paying out on Alejandro Valverde winning this year’s race.

Valverde looks like he has an unassailable lead and the gambling firm, who sponsor the green jersey, are so convinced that the Spaniard will win the race that they are going to payout over €1,000,000 to his supporters even though the race doesn’t finish until Sunday.
David Hood, spokesman for williamhill.com said “Spanish punters aren’t stupid, they have bet on Valverde and no other, so it has come as no surprise that they are winning so much.”

He continued “Although Alejandro will have to wait until he reaches Madrid to celebrate, his supporters can celebrate already as we are paying them a million Euro!”

In a doiuble whammy blow - the bookmakers took another hit after Irish Cyclist Philip Deignan won the 17th stage of the race. The bookmakers offered odds of 20-1 for the Donegal man to win any of the 21 stages of La Vuelta, and according to the bookmakers there were no shortage of takers.

David Hood said "Just hours after paying out a million on Valverde winning the Tour of Spain, Irish cycling fans hit us for a six figure sum. It's our first year sponsoring La Vuelta, and already it's turning into a very expensive exercise!" He continued "All I can say is that our heads are Are heads are spinning at the moment!"

On the back of Philip Deignan's stage win - William Hill have cut his odds of wining next year's Vuelta A Espana from 150-1 to 33-1.

Agency / Source: William Hill Organization

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