Oh dear!

A BETFAIR player lost £237,000 on Saturday night when laying winning favourite Peregrine Falcon at odds of up to 1,000-1 in a maiden race at Wolverhampton.

The punter was taken on by three others - including one who traded £209.79 - before the Mark Johnston-trained two-year-old landed the 1m contest.

That transaction cost the layer over £200,000, having been confirmed and authorised inside the opening furlong, yet Peregrine Falcon was returned at an SP of just 15-8.