Bookies pay the price for Leicesters odd-defying title

Bookmakers were left counting the cost of Leicester's Premier League title win, with the Foxes priced at 5,000-1 outsiders at the start of the season.

Sandown Races

Source: Getty Images



Stories have slowly emerged of those once optimistic punters who put the odd pound on their side to win the Premier League, in nothing but hope.

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And now, that hope is returning riches.

Sky Bet said it had paid out a record $8.8 million to gamblers, saying it was an industry loser with 128 people backing City at the longest price.

Sky Bet's Sandro Di Michele said: "The unthinkable has become reality and we're facing a paying out the sort of liability that you joke about at the start of the season.

"We're now bracing ourselves for more punters looking to get on long-price outright odds, but Leicester certainly won't be 5,000/1 next season!"


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Published 3 May 2016 at 8:06am
Source: PA Sport