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Paddy Power Takes Odds on Full Tilt Poker’s Future

Not being one to shy away from controversy, Paddy Power’s sports betting service has just finished hosting an unorthodox wagering opportunity for its fans to take part in. Centred on the British government’s decision on the future of Full Tilt Poker’s UK operating license, the site took bets on whether or not the well known poker platform would be able to resume business.

Paddy Power members are already provided with a wide array of betting opportunities but, refusing to sit on the sidelines of a large industry event, the company opened its books to accept wagers on the Alderney Gambling Control Commission’s licensing decision. Full Tilt Poker was ordered to halt service offerings in June, meaning that no cash poker games could be held for members of its site until the Gambling Control Commission reached a decision. Paddy set 9/2 odds on a positive outcome and 1/8 odds on Full Tilt Poker being forced to close up shop. As the numbers reflect, Paddy Power wasn’t predicting anything good for Full Tilt fans. In order to console them the company has announced that Paddy Power Poker will completely match all sportsbooking stakes, allowing that money to carry over as bonus funds for Paddy poker players.

It’s obvious that Paddy Power is looking to take advantage of a bad situation and make something better out of it for both online poker fans and its own company. Regardless of whether Full Tilt Poker re-opens or is forced to shut down, Paddy Power punters are sure to benefit from the latest set of industry problems.