Betting on jargon

Sir, – According to a report in your business section (March 17th), "Banach is a sports book solutions provider that has developed a proprietary risk-management platform and quantitative-driven trading model for operators". Hmmm.

It also quotes the chief executive of the company’s new owner, PointsBet, who says it is “developing our in-play capabilities organically . . .which allows us to dramatically ramp up our speed to market. . . and continue to control our destiny”. Mmmm.

They’d need to think again because my granny had a couple of them yokes and the wheels fell off them. – Yours, etc,

JOHN GAFFNEY,

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Co Leitrim.