A longshot's win at Nottingham on Monday cost British bookmakers £500,000. The large payout to bettors on the horse, a two-year-old gelding named Exponential who lost his last race by 17 lengths yet showed dramatically improved form in Monday's race, caught the attention of the Jockey Club, which has opened an investigation. Exponential's trainer Stuart Williams is unconcerned with all the fuss, saying, "I think it was a question of some punters spotting good value for money." (The Independent)

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