Phone gamblers top punters

PHONE punters are leaving their betting shop counterparts in the also-ran place in the gambling stakes, placing wagers seven times greater than the cloth cap brigade.

Dolmen Securities’ latest research note on bookmakers Paddy Power rate the year-old public company a buy with a potential upside of 23% on the share price, which has served investors well in its first full year since flotation last December.

Dolmen analyst Pat Duggan goes through the betting habits of the three main types of customer who gamble with Paddy Power.