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6-Time Racing Champion Accused

Kieren Fallon, the household name being counted on by punters, has been charged with cheating on Betfair customers, sparking controversies anew in the exciting industry of racing.

Fallon is considered as the heroic jockey of his generation, the hero that punters revere as their best racer since Lester Piggott. But now he is accused with accepting bribe from a gambling syndicate to predetermine and secure a losing game in the race.

Fallon was only one of 11 people charged over the cheating allegation. The charges were filed less than 24 hours after he won the Irish Derby at the Curragh on Dylan Thomas.

It is all piling up for Fallon now, as fraud descends on top of his previous troubles with drinking and discipline. Observers note that he has been in a path where self-destruction was inevitable, but as far as the Irish Turf Club is concerned, "Kieren Fallon is innocent until proven guilty."

The online betting exchange Betfair has been put on spotlight following the filing of charges. Now the industry players are wondering and anticipating what will happen next.

For its part, Betfair executives argued that Betfair has an audit trail that identifies all odd bets, like ridiculously big wagers to lay a horse. This system allows Betfair to ensure that racing is not corrupt; hence, they are confident that these charges will soon be dismissed.

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