Betfred folds on granny bet

Betfred’s face-off with Brit granny Linda Aldred is over; after consulting with IBAS the gambling group has agreed to pay the gambling granny her GBP 1000 in winnings, saying it was the “right thing to do.”

Betfred faced a press and social media storm earlier this week when it voided a GBP 5 bet placed by Aldred at 200 to 1 that her Olympic gymnast grandson Sam Oldham would win a medal.

The gymnastics team in which he was a member won bronze, but initially Betfred disqualified the bet on grounds that it was a team and not an individual medal award. Olympic team events generally result in a medal given to each team member.

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