Sweet Caroline takes on a new meaning for Godiva and tennis star Wozniaki

December 14, 2015

 Caroline Wozniacki Godiva

 

Maria Sharipova and Maria Bartoli  are among the stars of women’s tennis who have shown their entrepreneurial talents.

Now it’s Caroline Wozniaki’s turn, partnering with Belgian luxury chocolate firm Godiva

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Bookie Fred Done has paid out on bets on Manchester United to win the Premier League title. Why?

April 4, 2012

Bookmakers are not known for their charitable gestures. So it’s worth thinking why Betfair owner Fred Done decided to pay out £500,000 to punters who backed Manchester United to win the Premier League again this year, when there were still seven games to be played

Update

Within one game to play, Manchester City were installed as firm favourites…the following suggests an explanation for Fred’s actions.

Original Post

Manchester United fan Fred Done paid up a similar sum in 1998 when United was leading Arsenal by 12 points. The Gunners went on to win the title.

Fred, a long-time United supporter may had been rewarding other faithful fans for backing their team.

On the other hand

Bookies, like scientists, don’t believe in absolute certainties. But they tend to be good at creating marketing opportunities. Fred has converted a near-certain loss of money (which has already been hedged) to a headline in the sports pages drawing attention to his business.

Creative marketing?

It’s why Paddy Power, another book-maker, is offering to refund all bets on other golfers, if Tiger Woods wins the Masters in Augusta, this weekend [April 2012].

You might call both actions creative marketing.