Professional punter Stephen Fletcher has been disqualified over his involvement in a Brisbane racing scandal.

Fletcher, one of Australia's best-known punters, has been banned for 12 months.

Racing Queensland stewards handed out the penalty after jockey Bobby El-Issa was earlier disqualified for two years because of his ride on Bold Glance in an Eagle Farm race on February 26.

El-Issa was found guilty of not giving Bold Glance every chance to win the Falvelon Quality (1,200m).

The subsequent Doncaster Mile placegetter finished second in the race and El-Issa, who stewards said did not show his usual vigour on the horse, is appealing his ban.

Fletcher, who rose to prominence as a high-profile punter when he was linked with a 2005 betting sting on a Gold Coast greyhound race, faces the prospect of shutting his gambling operation under the terms of the ban.

Under an Australian racing rule, bookmakers are not allowed to accept a bet from a disqualified person. The ban also includes wagering with national TABs.

Fletcher is also banned from attending racetracks.

A Racing Queensland report outlining Fletcher's penalty said: "Stewards have regard for the fact that Mr Fletcher was not the principal offender, however (we) have considered that Mr Fletcher was a significant financial beneficiary of the conduct of jockey El-Issa."

During the hearing into El-Issa's ride, stewards alleged Fletcher had opposed Bold Glance on the betting exchange Betfair as well as supporting the eventual winner Essington.

A stewards' investigation revealed Fletcher and El-Issa were in regular telephone contact.

The inquiry found Fletcher's top 10 lay bets were ridden by El-Issa.

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