The goal that cost bookie William Hill £570,000

 

Glen Johnson of Liverpool shoots to score during the Barclays Premier League match
Glen Johnson of Liverpool shoots to score during the Barclays Premier League match

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.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

By clicking ‘Create my account’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in