Horse Racing Coup

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5. Horse Racing Coupled Entry
6. Horse Racing Coup

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Gay Future was the racehorse at the centre of an attempted fraud by an Irish betting syndicate in Great Britain in 1974 involving two chestnut horses.^[1] The plot's ringleaders were the millionaire Irish builder Tony Murphy, a racing enthusiast, and the Scottish trainer Antony Collins.^[2]

Preparation[edit]

The Yellow Sam betting coup was a successful sports betting coup, widely remembered within Irish and British thoroughbred horse racing. It happened at Bellewstown Racecourse on 26 June 1975, and was orchestrated by Barney Curley, an Irish professional gambler, philanthropist behind a charity for impoverished children in Zambia (which he set up after his son's death in 1995), former trainer. This entry was posted in Bloodstock, NL List and tagged Coup de Coeur, Horse Racing, ned toffey, spendthrift farm, Stallions, vino rosso by Joe Nevills. Bookmark the permalink. Please read our.

At his stables, Collins initially presented a poorly performing horse as if it were the real Gay Future. This lowered the expectations of reviewers, and hence raised the betting odds on offer, and entered in the Ulverston Novice Hurdle at Cartmel in Cumbria to be held during the Bank holiday on 26 August.^[3] The real horse was illicitly substituted,^[4] for the impostor, Arctic Chevalier, in an M6 lay-by.^[5]

On the day[edit]

The attempted fraud took place on the busiest day in the racing calendar with ten events taking place, and bets being made in numerous betting shops in London in double and triple wagers, which involved Gay Future in combination bets with two additional horses trained by Collins in earlier races at other courses. On the day, these two additional horses were withdrawn shortly before the races; they were never intended to run and remained at their stables.^[6] Numerous bets would now roll over onto Gay Future, as the conspirators had planned.

Cartmel race course, a small isolated venue, had only one telephone line at the time connecting it with the outside world. This was deliberately kept engaged to prevent enquiries being made by betting firms headquarters, and the on course Tote was over worked by accomplices to prevent other bets being placed on the horse, which would have lowered the odds from 10-1.^[5][1] Soap flakes were rubbed into the horse's legs to give the false impression that he was sweating.^[2] Gay Future won easily, by fifteen lengths,^[5] but bookmakers refused to pay out before an inquiry. In Ireland, however, they paid out.^[3] Collins's other two horses involved in the scam were discovered at this time to have remained at their stables and suspicions were further raised.^[7]

Trial and legacy[edit]

Following an investigation by Scotland Yard's Serious Crimes Squad, a trial was held at Preston Crown Court in February 1976.^[7] The two leading syndicate members, Collins and Murphy, were convicted of conspiracy to defraud the bookmakers.^[8] Mr Justice Caulfield, a sympathetic judge,^[2][1] fined Collins £1,000 combined with a suspended prison sentence.^[9] The UK's Jockey Club barred Collins and Murphy from British racecourses for ten years.^[5] The horse, Gay Future, broke his neck and died, aged six, at a racing event in Wetherby in January 1976.^[5][9]

The affair was dramatised in Murphy's Stroke (1980), a TV film produced by Thames Television with Pierce Brosnan and Niall Toibin in the leads.^[9] At an event commemorating the 40th anniversary in late August 2014 at the Cartmel racecourse, Collins said that he did not regret his actions.^[4]

References[edit]

1. ^ ^abc'Scannel - A Nearly Perfect Coup: The Gay Future Affair', RTÉ, 24 October 2005
2. ^ ^abcDan Buckley 'The scandals that tarnished the sport of kings', Irish Examiner, 2 September 2004
3. ^ ^abGreg Wood 'Racing: A racing scam in the tradition of Trodmore', The Independent, 29 August 1998
4. ^ ^abChris Cook 'Gay Future betting plot still holds fascination at Cartmel, 40 years on', The Guardian, 25 August 2014
5. ^ ^abcdeLiam O'Brien What’s the SP?: Betting on Racing: An A-Z, ebook partnership, p.61
6. ^'Betting scams that left racing in a fix', Evening Standard, 2 September 2004
7. ^ ^abNick Townsend The Sure Thing: The Greatest Coup in Horse Racing History, London: Century, 2014, p.243
8. ^Matt Majendie 'Three decades of scandal', BBC Sport, 5 October 2002
9. ^ ^abcAndrew Rosthorn 'Gay Future remembered at Cartmel during spooky power cut'Archived 2014-09-03 at the Wayback Machine, Lancaster & North West Magazine, 27 August 2014

The Yellow Sam betting coup was a successful sports betting coup, widely remembered within Irish and British thoroughbred horse racing.

It happened at Bellewstown Racecourse on 26 June 1975, and was orchestrated by Barney Curley, an Irishprofessional gambler, philanthropist behind a charity for impoverished children in Zambia^[1](which he set up after his son's death in 1995),^[2] former trainer,^[3] former Jesuitseminarian,^[1] failed pub owner,^[1] former pop group manager,^[1] and entrepreneur. By taking advantage of an under-handicapped horse and the lack of easy communications between the Bellewstown racing course and off-course bookmakers, Curley made a profit of over IR£300,000 (>€1.7m adjusted for inflation) – one of the largest betting coups in Irish history.^[4][5]

Barney Curley again made headlines when four horses linked to him won on 22 January 2014, and were estimated to have cost bookmakers 'something in the region of £2million',^[2][3] reportedly just the latest of many successes since the Yellow Sam coup.^[2]

Horse Racing Coupled Entries

The coup[edit]

Yellow Sam was a 'slow but steady' horse bought by Curley and was given his name from his father's nickname at the races. Curley instructed the horse's trainer, Liam Brennan, to train Yellow Sam specifically for the somewhat obscure annual National Hunt race at Bellewstown, featuring mostly amateur jockeys. To ensure that the horse would run at least once with a much lighter handicap than would normally be the case, Curley first ran the horse in a series of races on other tracks in unfavourable conditions.^[6]

Horse Racing Coup Today

Curley spent weeks developing the plan and putting people in place. On the day of the race, Yellow Sam's starting price was 20–1, but if large sums of money were being placed on the horse, that figure would drop quickly, drastically reducing the coup's potential take. It was for this reason that Yellow Sam was to race at Bellewstown specifically, as the track was serviced by just two telephone lines, one public telephone box and a private telephone line belonging to the Extel company which supplied racing data to betting shops. The Extel line was put out of use [probably cut] early in the day leaving just one telephone line available to communicate to the course bookies who determined the starting prices for the participants.^[6][7][8]

Dozens of Curley's friends, acquaintances, and paid accomplices stood in bookmaker's shops across the country with between £50 and £300 and sealed instructions to be opened upon receiving a call. None of the accomplices knew beforehand which horse had been prepared, or in which race it was to run. Curley called six or seven of his people at 2.50 pm, ten minutes before the race was to start, and instructed them to each call ten to twenty others. In all, Curley invested just over £15,000, his entire savings, in the gamble. Twenty-five minutes before the race was about to start, and fifteen minutes before the bets were to be placed, Benny O'Hanlon, a friend of Curley's in on the plot, walked into the telephone booth and pretended to place a call to a dying aunt in a non-existent hospital. His act was convincing, as the queue behind him waiting to use the telephone sympathetically allowed him to continue talking for half an hour, while off-course bookies desperately trying to lay off their liabilities struggled in vain to contact their counterparts on the course.^[6][8]

Curley had already built up something of a reputation during his years as a professional gambler, and knew that his presence at the course was likely to cause concern amongst the bookies, and possibly give away the coup before the off. Still, with so much at stake he wanted to see the race first-hand, so he crept into the centre of the course and watched the race concealed in a thicket of gorse. The gamble succeeded, with Yellow Sam winning the 13-hurdle race by two and a half lengths.^[6] Since nothing about the coup had been illegal, the bookmakers were forced to pay out the full IR£300,000 (>€1.7m adjusted for inflation). They did, however, pay out the winnings in single notes, filling 108 bags.^[5][8]

Aftermath[edit]

The coup made Barney Curley widely known throughout Ireland and the United Kingdom, and made headlines in many Irish and British national newspapers and television reports. To this day, it continues to be listed as one of the greatest betting coups of all time.^[7] Curley invested his earnings in a stable of horses which he continued to have trained for specific gambles, and in the purchase of Middleton Park House, a mansion in Mullingar, County Westmeath – for which he later ran a raffle of dubious legality (though his jail sentence for illegally running a lottery was overturned on appeal),^[1] earning him over £1m.^[6]

Irish bookmakers amended their rulebook following the coup to require that bets of over £100 be placed at least half an hour before the start of the race. Bellewstown Race Course itself played up the coup in later years, and in 2005 ran the 'Seamus Murphy Yellow Sam 30th Anniversary Hurdle', inviting Barney Curley and Liam Brennan to observe the celebrations.^[9][10]

Oddschecker Horse Racing Coupon

Yellow Sam continued to run in other races, and in his autobiography, Curley reported having earned a further £700,000 in bets on the horse before it was retired.^[6]

Barney Curley again made headlines when four horses linked to him won on 22 January 2014, and were widely reported to have cost bookmakers 'millions', with a spokesman for British bookmakers Joe Coral admitting they had cost Coral 'a six-figure payout' and estimating 'the industry has been hit for something in the region of £2million'.^[2][3] Irish bookmakers Paddy Power 'reported losses of more than €1 million'.^[2] This was reportedly just the latest of many successes since the Yellow Sam coup, including a 2010 coup 'that netted more than a £1million'.^[1][2]

Horse Racing Coupled Entry

References[edit]

Horse Racing Coup

1. ^ ^abcdefLiam Collins (24 January 2014). 'Barney Curley: A wannabe pop impresario who hit gold at the racetrack'. Irish Independent. Retrieved 25 January 2014.
2. ^ ^abcdefDeclan Whooley (23 January 2014). 'Who is Barney Curley?'. Irish Independent. Retrieved 25 January 2014. Barney Curley came back into the public consciousness with a bang yesterday after horses linked to the gambler took the bookies for millions.Various figures have been bandied about since the four horse accumulator came in ... Paddy Power reported losses of more than €1 million, but that was just the tip of the iceberg ... In 2010 Curley was the mastermind behind a coup that netted more than a £1million.
3. ^ ^abc'Four-horse gamble landed in Britain as horses with links to Barney Curley justify strong support'. RTÉ. 23 January 2014. Retrieved 25 January 2014. Coral's David Stevens said: 'Victory for all four horses has cost us a six-figure payout, and based on our losses we would estimate the industry has been hit for something in the region of £2million, which although still costly, is perhaps lower than some claims.'
4. ^Bellewstown Races website – HistoryArchived 18 November 2007 at the Wayback Machine. Accessed 22 September 2007.
5. ^ ^abHyland, F (2006); Taken For A Ride: Betting Coups And Scandal, Gill & Macmillan (ISBN978-0-7171-4016-9).
6. ^ ^abcdefCurley, B; Townsend, N (1998); Giving a little back: An Autobiography, HarperCollins (ISBN978-0-00-218827-2).
7. ^ ^abSim, A (21 March 2004); The top 10 sporting gambles, The Times. URL last accessed 21 September 2007.
8. ^ ^abcWood, G (24 April 2004); 'Curley finally finds his vocation', The Guardian. (Available online at Buzzle.com. URL last accessed 21 September 2007).
9. ^McClean, D (9 July 2005); 'Beating the odds at BellewstownArchived 16 June 2007 at Archive.today', Irish Farmers Journal. Retrieved 21 September 2007.
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