A view from the inside of bookmaking. The very experienced Graha Sharpe gives his opinion on sports betting today. When do bookies lose? Do they get odds wrong? When is a football bet a good thing? What does he think of photo finishes at the races? Should trainers be allowed to bet on their…

Cheltenham Festival 2011 hopefuls: Neptune Collonges, Al Ferof, Woolcombe Folly, Aiteen Thirtythree, Ghizao, Brampour and Sam Winner. Champion trainer Paul Nicholl’s parades 15 Cheltenham hopefuls in front of the press corps. www.betfair.com is the only place to get Paul’s full thoughts, breaking news and updates for all his Cheltenham chances in the lead up to and during the 2011 Festival.

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