'Why I bet £900k on the Scottish referendum'
The BBC spoke to an anonymous individual who bet £900k on the NO to Scottish independence. He has the check to prove it.
I made the bet in four installments but I'd always planned to wage £900,000. I staggered it in the hope that the odds would improve closer to the time - they didn't. The best I got was 1-4. So for every £4 I bet, I'd get £5 back.
So although I received a cheque for £1,093,333.33, my actual winnings were just under £200,000.
The first time I walked in to the William Hill I tried to place a bet of £400,000. The bookies weren't set up to take it. They could only process £9,000 deposits at a time so it would have taken almost a whole day of separate transactions. By the time we organised a better solution the next day, the odds had worsened.
I've had a career in finance in which I've had to make projections and limit risk as much as possible. These were my savings, my money, but I felt I'd done enough research to be sure of the outcome.
William Hill, England’s biggest bookmaker, confirmed the bet.
The Scottish referendum was the most wagered on political event ever.
- Gilbert Horowitz, Gambling911.com
