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Saturday 15 July 2017

Who wants to be a millionaire?


Who wants to be a millionaire?  Miss McCann does. The Belfast student is suing Bet365 on account that they are refusing to pay out an eye watering £1,009,960 winning wager made on her account last year. To be precise, the bet was in fact a series of 960 £13 each way 'Lucky 15' bets placed on twelve horses in four races (Bath 6.10, Kempton 7.20, Naas, Ireland 7.00 and 8.30) on June 22nd 2016.

Placing the bets cost a pretty penny too, close to £25,000, a sum which Bet365 is currently withholding too. Despite what appear to be early assurances to Miss McCann that she would be receiving payment, her account was suspended and later closed with Bet365 claiming that McCann breached their ‘no third party’ rule, which states that the entire stake must be put up by the customer alone.

Reading between the lines it would appear that Miss McCann may have placed the bet on behalf of other individuals or a syndicate. Not enough information is out there right now to comment further, though it will perhaps surprise and concern some of those involved in betting syndicates (or placing bets online for others) to realise that this type of situation can come about. It will be interesting to see the eventual outcome of the dispute.