Punters to place trust in Irish bankers

THOUSANDS of punters flocking to this year’s Cheltenham festival are set to place their trust in Irish bankers – of the horsing variety, of course.

And if the bookies’ fears are realised, and rising star Dunguib maintains his unbeaten record over hurdles in today’s opener, the betting fraternity who backed him will be laughing all the way to the bank.

Bookmakers Paddy Power estimate it will take in bets worth up to €1 million alone on Dunguib, making him potentially one of the most backed Irish horses in history, and potentially one of the biggest losers for the bookmakers should he win.