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  1. #1
    Utopian Expat Chittychangchang's Avatar
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    Leicester City fan cashes out 72k on Premier League bet

    A Leicester City fan, who stood to win 250,000 from a 50 bet on his team winning the Premier League, has cashed out for 72,000.
    The Warwickshire man, who has chosen to remain anonymous, bowed out of the 5,000-1 wager on Saturday.
    Hours later his stake would have been worth 91,000 after the Foxes beat Watford 1-0, said Ladbrokes.
    The winner said: "It will mean so much if we win, so there's no point in being greedy."
    More on this story and updates from Warwickshire
    He said he was "ecstatic" and looking forward to the rest of the league whatever the outcome.
    "The odds are constantly changing, even Chelsea could sneak into the top four at the last minute," he said.
    "A holiday to Spain is a certainty followed by paying off the mortgage with the winnings."
    Jessica Bridge of Ladbrokes said: "It's a life-changing amount of money and we congratulate our customer for holding his nerve this long."
    Leicester City still have nine games left of the season, starting against Newcastle on 14 March, to secure their first ever top flight league title.
    Odds on them winning the Premier League title are now 5-4, said Ladbrokes.
    It comes a week after Leicester city John Pryke cashed out his bet for nearly 30,000.

    Leicester City fan cashes out 72k on Premier League bet - BBC News

  2. #2
    Balls to Monty
    Looper's Avatar
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    Quote Originally Posted by Chittychangchang
    Odds on them winning the Premier League title are now 5-4, said Ladbrokes.
    If they are now odds-on (even though that is taking into account the weekend result since he cashed out) it seems like cashing out for 72,000 against a 250,000 payout was not the best gamble.

    Was there some risk of the bookie not paying out the full amount?

  3. #3
    Utopian Expat Chittychangchang's Avatar
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    No, i reckon he lost his nerve and was happy enough with the 72K.

  4. #4
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    Quote Originally Posted by Chittychangchang
    "A holiday to Spain is a certainty followed by paying off the mortgage with the winnings."
    Sensible, down to earth, good fucking luck to the bloke.

  5. #5
    TD Fat Club VP Dillinger's Avatar
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    Quote Originally Posted by Chittychangchang
    Hours later his stake would have been worth 91,000 after the Foxes beat Watford 1-0, said Ladbrokes.
    wankers had to rub that in

  6. #6
    Molecular Mixup
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    Quote Originally Posted by Looper View Post
    Quote Originally Posted by Chittychangchang
    Odds on them winning the Premier League title are now 5-4, said Ladbrokes.
    If they are now odds-on (even though that is taking into account the weekend result since he cashed out) it seems like cashing out for 72,000 against a 250,000 payout was not the best gamble.

    Was there some risk of the bookie not paying out the full amount?
    The bookies offering say evens doesn't mean the event have a fifty percent chance of happening. If he thought the chance was much lower he was right take the payout.
    Guess you.d need to know the odds of Leicester not winning the title to see if an insurance bet was viable
    Don't the bookies love it when a big outsider wins as that's when they make super profits?

  7. #7
    TD Fat Club VP Dillinger's Avatar
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    Quote Originally Posted by blue
    Don't the bookies love it when a big outsider wins as that's when they make super profits?
    Of course, they'll much rather Leicester win it than Man City.

    Especially with Chitty Chang Chang eyeing up a double in his yankee

    Quote Originally Posted by Chittychangchang
    Premier League and capitol One cup at 4-1 is a good punt.



    Premier League Outrights



    Winner

    Leicester
    5/4


    Tottenham
    3


    Arsenal
    5




    Man City
    6

  8. #8
    Utopian Expat Chittychangchang's Avatar
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    It's not over till the fat lady sings Bollinger!


    Quote Originally Posted by Dillinger
    Especially with Chitty Chang Chang eyeing up a double in his yankee

    Quote:
    Originally Posted by Chittychangchang
    Premier League and capitol One cup at 4-1 is a good punt.
    The smart money is going on the City treble now with the City squad back up to full fit strength

  9. #9
    Gohills flip-flops wearer
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    Quote Originally Posted by Chittychangchang
    The smart money is going on the City treble now
    May as well flush your quids straight down the shitter.

  10. #10
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    City have a game in hand over the others but still fancy Leicester to finish the job on top.

  11. #11
    On a walkabout
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    I hope the underdogs can do it! C'Mon Leicester,,,,,,,,,,,,,

  12. #12
    Utopian Expat Chittychangchang's Avatar
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    Gary Lineker states he will present Match of the Day in his underwear... but only if Leicester City win the Premier League!

  13. #13
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    Leicester City fan sick as parrot.

  14. #14
    Thailand Expat cyrille's Avatar
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    He forgot what the words 'support' and 'believe' mean.

    som num naa

  15. #15
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    What a terrible proposition to buy out at that price, Ladbrokes robbed him.

  16. #16
    Thailand Expat cyrille's Avatar
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    Oh well, it's still a win, I guess. Could have been worse...


    Quote Originally Posted by Chittychangchang View Post
    The smart money is going on the City treble now.


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