Mystery Man Banks £457,000+ from £2 Horse Racing Bet

UK horse racing has produced another big money winner after a punter from North London placed a £2 stake with Ladbrokes on March 3.

Man wins £457k horse racing jackpot.

A mystery punter from North London wins a six-figure sum after a six-fold accumulator came in. (Image: mirror.co.uk/AFP)

Despite wishing to remain anonymous, the retired account from London has made the betting headlines this week after a £2 stake banked him a pension-boosting £457,067.52.

Speaking to The Mirror, the mystery man explained how he’d placed £2 worth of £0.10 accumulators on seven races at Lingfield, Doncaster and Newbury.

Early Loss Results in Impressive Late Win

In spite of his initial optimism, the man quickly lost interest in his bet after checking on his tablet that one of the races had lost.

However, things took a pleasant turn when Ladbrokes called the man to congratulate him and ask how he wanted his winnings.

Taken aback and unsure whether the call was legitimate, the man soon realised that one of his £0.10 six-fold each-way accumulators had netted him a six-figure score thanks to the following results:

Monfass and Mcvicar both won at 12/1

Dinsdale won at 6/1

Peal Spectre won 10/1

Boater won at 15/2

Wishicould won at 14/1

Bendomingo lost

On top of the accumulated odds, the man’s win was boosted by £228,000 thanks to Ladbrokes’ Best Odds Guarantee concession. The overall result was a horse racing win that Londoner will never forget.

Government to Review Lottery Loophole

In other UK betting news this week, the government is planning to review a loophole that allows online operators to offer cut-price EuroMillions tickets. Under UK betting laws, online operators have the ability to offer lottery betting options.

Instead of players purchasing a ticket and investing directly in a draw, online lottery sites allow them to “bet” on the outcome of the result and win a prize cognisant with the actual prize. Although the player is picking numbers and waiting on the result in the same way they would if they bought a lottery ticket directly, they’re dealing with the lottery site’s operator and not the organisation behind the draw.

Because of this dynamic, online lottery sites such as Lottoland are able to set their own entry fees and allow players to take part in the EuroMillions for £2 instead of £2.50. This is something Camelot, the owner of the EuroMillions, believes is taking away from the charitable contributions raised through ticket sales.

With this in mind, the government is set to consult with Camelot stakeholders over the issue and potentially close the loophole. In response to the news, Lottoland chief executive Nigel Birrell said he’d love to be part of the discussion.

“When the price of a EuroMillions ticket was increased to £2.50 we froze the price of betting on the main draw at £2, offering those customers who were dissatisfied with the price hike a viable alternative, something we believe the UK consumers deserve,” explained Birrell.

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