The goal that cost bookie William Hill £570,000

 

A Maltese villager who landed an amazing 683,783/1 punt on the football was the bane of the UK's biggest bookmaker as William Hill bemoaned a nightmare November for betting margins.

Accumulator betting on large numbers of football fixtures – where all the selections need to win to land the cash – is usually a mug's game as at least one match fails to follow the form book. But the 41-year-old waiter placed a successful one-euro bet on 19 fixtures landing £570,000 after Glen Johnson's late winner for Liverpool against Chelsea on 20 November secured the final leg.

Hills blamed the result for a fall in win margins from 19 per cent to 17 per cent over the fourth quarter as a host of favourites across, including Arsenal, West Ham and Charlton, all won. The losses added up one of the worst months for the firm in more than a decade although it clawed some cash back in a run of shock results over Christmas, including relegation struggler Blackburn's away win over champions Manchester United.

Ralph Topping, chief executive, said: "November was certainly a very good month for our football clients betting on small-stake, high-return multiple bets."

Despite the blow, the firm expects operating profits for 2011 to be in line with forecasts at about £274m. This is slightly down on 2010, when the bookmaker was boosted by a World Cup gambling frenzy.

Independent Comment
blog comments powered by Disqus
News in pictures
World news in pictures
       
 
iJobs Job Widget
iJobs Money & Business

Senior Investment Manager - Renewable Energy

£65000 - £85000 Per Annum: The Green Recruitment Company: The Green Recruitmen...

Snr Business Analyst - Banking - Bristol - £585pd

£400 per day: Orgtel: A top tier banking client urgently requires a Senior Bus...

Financial Crime Analyst,Midlands, £250-350PD

£250 - £350 per day: Orgtel: Financial Crime Analyst,Midlands, Banking, AML/Sa...

Graduate Trainee – Recruitment Consultant

£20,000 - £45,000 OTE: Co-Venture: Working for this company will give you a ch...

Day In a Page

'To farm I have to rape the countryside. It’s got to be wrong': The true effect of the badger cull

The true effect of the badger cull

'To farm I have to rape the countryside. It’s got to be wrong'
Theatre review: Daniel Radcliffe gives an admirably honest performance in Michael Grandage's The Cripple of Inishmaan

First night: The Cripple of Inishmaan

Daniel Radcliffe gives an admirably honest performance in Michael Grandage's comedy
Girls Guides drop religious reference but pledge to self and the Queen

Guides drop religious reference but pledge to self and the Queen

After 103 years, organisation changes oath to welcome 'all girls, of all faiths, and none'
Steve Tongue: Joe Kinnear was one of the boys and a breath of fresh air... 21 years ago

Steve Tongue

Joe Kinnear was one of the boys and a breath of fresh air... 21 years ago
Chris Froome: Free from 'pain in neck' after Bradley Wiggins' exit

Chris Froome: Free from 'pain in neck' after Wiggins' exit

Sky's lead rider says he is in fantastic form for the Tour and happy pecking order debate is over
Hannah England: I've got the right times – now to focus on the chess

Hannah England: Keeping Track

I've got the right times – now to focus on the chess
Beards, brawn and body art

Beards, brawn and body art

Meet London’s new batch of male models
Scandi-geeks descend on Nordicana for fan-convention

Scandi-geeks descend on Nordicana for fan-convention

British love of shows such as The Bridge, Borgen and The Killing shows no sign of fading
Behind the rhetoric what is really being done to combat desertification?

The Great Green Wall of Africa,

Behind the rhetoric what is really being done to combat desertification?
Laughter Inc: the cheering growth of the chuckle industry

Laughter Inc

The cheering growth of the chuckle industry
The bad science scandal: how fact-fabrication is damaging UK's global name for research

The bad science scandal

How fact-fabrication is damaging UK's global name for research
To the manor born: The female aristocrats battling to inherit the title

Female aristocrats battle to inherit the title

A passionate protest is gathering pace among the women of Britain's aristocracy, who believe that men should no longer automatically inherit the family pile and title.
Love struck: Photographs of JFK's visit to Berlin 50 years ago reveal a nation instantly smitten

In pictures: JFK's visit to Berlin in 1963

Photographer Ulrich Mack accompanied Kennedy on the entire trip. The results are an astonishing record of a watershed moment.
Eat shoots and leaves: Mark Hix gets creative with fresh peas, mangetouts and sugar snaps

Mark Hix gets creative with English peas

English peas and their offsprings, such as mangetouts and sugar snaps, are great tossed into a salad, says our chef.
Ceviche with a smile: Chef Martin Morales has turned South America's elegant cuisine into one of London's hottest food trends

Chef Martin Morales: Ceviche with a smile

Morales has turned South America's elegant cuisine into one of London's hottest food trends