With the racing community shocked by the news that Fiorente will be retired after sustaining a tendon injury on Saturday, online bookmaker Sportsbet.com.au has refunded a host of futures bets on the champions stallion.
Over $30,000 in futures bets have been refunded on Fiorente for the Queen Elizabeth Stakes, Sydney Cup and Melbourne Cup.
The stallion was the equal $21 favourite for the Melbourne Cup and the best backed runner to date. It was also a $6.50 chance in the Sydney Cup, and $11 for the Queen Elizabeth Stakes.
“Its terrible news and we think it’s only fair that punters don’t have to suffer for it as well. They put their bets on in good faith so we are more than happy to refund on this one,” said Sportsbet.com.au’s Shaun Anderson.