£400,000 gambled on no vote

A punter has placed a £400,000 bet on a No vote in the independence referendum in what is believed to be the largest political bet ever staked, bookmaker William Hill has revealed.

Loading Comments
Share
Print

A middle-aged man from Surrey wagered £400,000 at odds of 1/4 that the Scottish independence referendum will produce a No result when he visited a betting shop in south west London today to place the bet via a banker's draft.

The man, who the bookmaker said did not have a Scottish accent, stands to make a profit of £100,000.

William Hill spokesman Graham Sharpe said: "As far as we can ascertain, this is the biggest political bet ever struck.

"The previous record was a £200,000 bet also struck on a No vote in the Scottish referendum earlier in the campaign, and the same amount was gambled by a customer who backed David Cameron to become Tory leader."

The bookmaker has now shortened its odds on a No vote to 1/5, and is offering 10/3 on a Yes vote.

Mr Sharpe added: "We are now well on the way to turning over £1 million on the outcome of the Scottish referendum, which is exceeding our expectations."

Local government

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.

166757

Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
A weekly round up of social highlights

A weekly round up of social highlights

Cat's Eyes on Glasgow

gymnast Louis Smith loving my presenting skills and other Games highlights

Times Out

Entertainment

Lifestyle

TV Advert
Gail’s Gab

Gail’s Gab

Gail Sheridan is a mother-of-one and wife to Tommy and she likes to get political with the hot topic of the week in her column Gail’s Gab.

Michelle McManus

Michelle McManus

Sussed in the City

I’m getting older and wise when it comes to partying.

Janice Bell

Janice Bell

You couldn’t make up half the stuff that happens to PA Janice Bell- some of the jams she gets herself into are worth a story or two.