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With Leicester City winning the Premier League title for the first time in club history, and at early odds of 5000-1, Gambling911.com brings you the fallout from the bookmakers.
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Biggest Loss in Britain’s Bookmaking History - For the few punters bold enough to put cash on the season’s “joke bet”, the result means winnings of up to £100,000 each, though the nation’s bookmakers will be less than jubilant: between them they will be paying out £25 million, the biggest loss in British history on a single sporting market.
Ladbrokes Alone Will Lose $6.6 million on 47 Bets at 1,500-to-1 Odds - In early March, Ladbrokes successfully paid off some of its biggest liabilities. Their largest bet, $72, gave the bettor $106,000. They paid off another bettor who made a $30 bet with $42,570.
5,000-1?? Seven Things More Likely Than Leicester’s Incredible Title Win – Prime Minister Simon Cowell, Alien Life Discovered Before 2017, Elvis Still Alive: It’s been 39 years since Elvis left the building. But if he had spent his time since 1977 hiding in obscurity, and turned up alive and well later this year, it would still have been a more likely scenario than Jamie Vardy inspiring Leicester to the league title. Paddy Power had his resurrection down at a sizeable 2,000/1. The rest are here.
Leicester's Premier League Title was Even More Ridiculous Than You Probably Think: Made possible by a sex tape
- Alistair Prescott, Gambling911.com
