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Man turns $1 horse racing bet into $1.97 million

Updated: February 23, 2008, 11:28 AM ET
Reuters

LONDON -- A bettor has won $1.97 million after placing a wager for just $1.

The man, thought to be in his late 50s or early 60s, placed the bet in bookmakers William Hill's shop in Thirsk, northern England, on Friday, predicting the winners of eight races in an accumulator wager at total odds of 2 million-to-1.

His first winner was an 8-1 chance called Isn't That Lucky, the last a 5-2 shot named A Dream Come True. The others were priced at 10-1, 15-2, 11-2 (twice), 4-1 and 7-2.

William ...

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