The probe into unusual betting patterns in last Saturday's match between Accrington and Bury has revealed the majority of bets placed were in the Liverpool area.
Irish bookie Paddy Power is refusing to honour bets on the game, telling the press: "It was pretty smelly, the way the betting went on this particular match on the Thursday and Friday.
"Obviously, it was a game that didn't mean a huge amount in the grand scheme of things but it really was a very popular match for punters, all one-way traffic with everyone backing Bury.
"The key thing really was that almost all the bets were originating from Liverpool, which made our ears prick up and really really take notice.
"But if, and it's a big if, there's been any cheating involved it's got to be stamped out and you have to make a point. It's like walking into a shop and taking money out of the till.
"At the moment it is impossible to say if there was anything wrong unless somebody dribbled down the pitch and kicked it in their own goal or something like that.
"But the pattern of betting stinks to high heaven to be honest."
There were a number of players and staff linked to the Liverpool area involved in Saturday's match, while the FA took steps to replace the announced referee.