£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.

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."

Comments (1)

Please log in to enable comment sorting

2:38pm Tue 10 Jun 14

pete woodley says...

Good bet
Good bet pete woodley
  • Score: 2
Post a comment

Remember you are personally responsible for what you post on this site and must abide by our site terms. Do not post anything that is false, abusive or malicious. If you wish to complain, please use the ‘report this post’ link.


About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree