$1 Bet Turns Into $2 Million

By Matt Sussman | Feb 27, 2008 | Filed Under Non-Sports

luckybet.jpgTurning our eyes overseas for a moment, The Sun has learned about a British man who bet 50 pence (about one dollar) on an 8-1 horse and won. Seven more winnings bets later, the man walked away with a million pounds (about $2 million US).

Freddie Craggs laid down a shiny 50 pence coin on a horse named Isn’t That Lucky and finished up his eight consecutive accumulator bets with a horse named A Dream Come True. It’s impressive, granted, but it would have been more impressive if Craggs had bet on horses named like You’ll Curse Your Family or I Poop On The Backstretch.

Still, the odds of those eight horses winning weighed in at over two million to one (known colloquially as “Neifi Perez for MVP” odds) and the only reason Craggs didn’t win more money was because the bookies have a max £1 million payoff. He could have collected upwards of £1.4 million (about $2.75 million).

Take note, Cecil Fielder. This man here has no problem gambling. You could learn a thing or two from your successful English gambling counterpart next time you mosey over to the Trump Plaza. For example, here’s a free hint: the higher odds in horse racing? That means they’re less likely to happen.

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  1. MattBabaganoosh on February 28, 2008 12:37 pm:

    “I Poop On The Backstretch” was Cecil Fielders nick name when he got to Cleveland.

    I bet ya didn’t know he’s a former-Indian, too.

  2. Matt Sussman on February 28, 2008 3:59 pm:

    I assume everyone’s a former Indian until henceforth disassumpted.

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