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At the start of the 2015-2016 Premier League season, the fine folks at Paddy Power had offered Leicester at 5000-1 odds to win the title. Amazingly these were longer odds of US President Barack Obama confessing that the Apollo moon landing in 1968 was all faked (500-1 odds).
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Leicester winning had even longer odds than Elvis resurfacing alive and well at 2000-1.
As Gambling911.com noted last week, bookies across the world including Vegas and the UK stand to lose over $5 million with what appears now to be an inevitable Leicester title victory.
Paddy Power’s competitor BetFred has already paid out £40,000 on Leicester future bets, some of which were offered early in the season at 2000-1 odds.
- Jagajeet Chiba, Gambling911.com
