Bookmakers caught napping

One of the things that has long intrigued me about off-course bookmakers is their ability to put a morning price to every horse running in Britain and Ireland every day.

I have no idea as to how the mechanics of such an undertaking works, but it has to represent a real challenge.

There seems little doubt there has to be a coming together of minds, in some shape or form, between them before the final offers are decided.