VolcanoBetting.com

[UKDEB]

Paddy Power, of paddypower.com (that's his real name - third generation bookmaker) was on Simon Mayo's Radio 2 show this afternoon to talk about their newly launched site, VolcanoBetting.com.

Take the risk out of volcanic ash spoiling your summer holiday. Simply place a bet on your departure airport closing on your travel date due to volcanic ash. We are offering odds on a variety of UK and Irish International airports covering departure dates until the end of the summer. So don't let the volcano cost you cash, hedge your holiday with paddypower.com.

Conditions: Your chosen airport must have an unscheduled closure (i.e., no flights allowed land/depart) due to volcanic ash contamination for at least one hour on your selected day resulting in flight cancellations for bet to be deemed a winner. All normal Paddy Power Terms and Conditions apply.

Could be a worthwhile addition to a regular insurance policy. Your chosen airport only needs to be closed for an hour to trigger a payout.

http://www.volcanobetting.com/

 

[2Tiggies]

It was only a matter of time ......

 

[igk]

I like it! At 20/1 if you pay £25 you get £500 profit if the ash causes a delay for more than an hour. It would make the stress and misery a bit easier to bear if you did get cancelled/delayed.
I'll have to monitor the situation - recent rules mean closures will be less likely as the tolerance has been doubled for some aircraft, and of course there's the volcano itlself. Of course the betting company will have clever people monitoring that stuff too...

 

[Chilly]

Clever

 

[Neoshoegal]

not a bad idea!

 

[Tammy Stringer]

What a great idea - think this might be worth a dabble as we have some Grand National winnings in our Paddypower account.

Tam

 

[wilma-bride]

Looking at the conditions, it doesn't seem as great as it first appears. Since it says that the airport of choice would have to be subject to an unscheduled closure (no flights allowed to take off or land) and, as far as I'm aware, it's not very often at all that that has actually happened since most internal UK flights have still been running