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Has the punter finally beaten the bookmaker?

Bookmakers have lost millions at this year鈥檚 Cheltenham Festival, making it their worst for years.

William Hill bookmakers have now issued a profit warning as a result of the Festival.

Ciaran O'Brien from the betting company said they did "suffer" due to punters backing favourites.

He added: "Anyone you spoke to in Cheltenham had won money. They're online accounts were full, if their pockets weren't bulging."

This clip is originally from 5 live Daily on Thursday 24 March 2016.

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