English punter puts record-breaking £400,000 on Scots staying in the UK
William Hill has revealed that a man in England has placed the huge sum of £400,000 on Scotland voting No in the independence referendum later this year – thought to be the biggest political prop bet of all time.
The brave bet was placed by an unnamed, middle aged man from Surrey at one of William Hill’s South West London branches. The bookmakers said that he did not have a Scottish accent.
With odds of 1/4 that the Scots will reject independence on September 18, the mystery man stands to net £100,000 if he wins.
Graham Sharpe, a spokesman from William Hill said that as far as they could tell, “this is the biggest political bet ever struck.”
High stakes political betting
Harry Potter author, J.K. Rowling has recently pledged her support to the ‘Stay In’ campaign to keep Scotland British.
The Scottish independence referendum is no stranger to high stakes betting. Earlier in the campaign a Scottish man placed a bet of £200,000 also on the No vote but now this has been overtaken and doubled by the plucky English punter.
Whichever way the Scots vote this September, William Hill stands to profit from political betting as Mr Sharpe commented:
“We are now well on the way to turning over £1m on the outcome of the Scottish referendum, which is exceeding our expectations.”
With support from celebrities such as JK Rowling and Andy Murray, William Hill has shortened the odds for a No vote to 1/5.