Richmond already wins wooden spoon

Good news if you're a punter - tragic if you're a Tigers fan.

BOOKIE PAYS OUT ON RICHMOND FOR THE SPOON AFTER ONLY FOUR ROUNDS!

Online bookmaker Sportsbet.com.au has paid out on Richmond to collect the wooden spoon after only four rounds.

With 18 rounds to go in the 2010 AFL Premiership Season, the bookie has paid out more than $100,000 to punters who backed Richmond to finish on the bottom of the ladder.

“Unfortunately for Richmond fans we think we’ll be paying out on the Tigers at the end of the season, so our punters may as well collect their cash now,” said Sportsbet.com.au’s Haydn Lane.

“There are 18 rounds to go so it’s a definite gamble.”

Richmond, who were paying as much as $5 in early Wooden Spoon markets, are now $1.25 favourites to take home the dreaded prize.

The payout applies to all bets placed before 12noon Monday 19th April.

Sportsbet.com.au is also offering odds of $5 on Richmond not winning a game this season, although one big punter has faith and has placed $10,000 at $1.16 on the Tigers winning at least one match this season.

Sportsbet.com.au is generating a reputation for paying out early on big sporting competitions. In November last year, the bookie paid out early on Tiger Woods to win the Australian Masters after two rounds when he was three strokes ahead. Woods faltered in the third round to share the lead with two others, before he shot clear on the final day to win the tournament.

Updated Wooden Spoon Market
$1.25 Richmond
$7 North Melbourne
$12 Adelaide
$17 Melbourne
$17 West Coast
$26 Essendon
$41 Port Adelaide