The Punter: Dunguib is set to bash the bookies in more ways than one
Dunguib is considered an Irish banker on the opening day of the Cheltenham Festival on March 16.
If the unbeaten bumper and hurdle winner, trained by Philip Fenton, lands the Supreme Novices Hurdle — he definitely goes there instead of the Champion Hurdle — he will cost Paddy Power at least £1m.
And that does not involve paying out on the winner but in returning stakes on other losing single bets in the race up to a maximum of £200 per customer.
The firm made a similar offer on Cousin Vinny last year but he could only finish fifth behind Go Native.
Cousin Vinny went off the 9-4 favourite last year but already Dunguib is as short as 4-6.
He looks the part, has yet to come off the bridle and won last year’s bumper in consummate fashion
But the first hurdle race at the festival can be a great leveller with the change in pace, the ground being on the good side and the overall occasion and excitement.
But the point is that if you want to bet on something to beat Dunguib, provided you are not wagering any more than £200, then Paddy Power are certainly the firm to use.
If your selection finishes nowhere but Dunguib does what is expected of him, then you will not be out of pocket.
Betting is already on offer from William Hill on the number of Irish winners over the four days and while the entries for the Emerald Isle are strong in quality and also numerically, it is unlikely they will beat their record of 10 winners achieved four years ago. Ireland’s worst result was three back in 2000.
Last year, the number was nine but William Hill believe it will be eight this time and make that their 11-4 favourite followed by |7-2 for nine; 4-1 for seven; 13-2 for 10; 7-1 for six; 8-1 for five and 14-1 for four or less.