Anger as BetBright ceases trading and declares void all unsettled bets

• Move a week before Cheltenham Festival after sale to 888
• Season-long bets on football among the bets voided

Customers of the bookmaker BetBright reacted with anger and disappointment on Tuesday when the firm stopped trading and declared all outstanding ante-post bets void just seven days before the start of the Cheltenham Festival, where Rich Ricci, BetBright’s former chairman, will have several fancied horses running in his familiar pink colours.

Related: Talking Horses: a cut in the Tote's take-out at Cheltenham Festival?

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