Wet Christmas Saves Bookmakers from Payouts
By Staff
British bookmakers celebrating after being saved from an eight-figure payout over the possibility of snow at Christmas were also left hurting after many shrewd punters put their money on a wet Christmas instead.

'Although the white Christmas odds drifted badly out to odds of 100/1 by Christmas Eve and there was never a genuine hope of it happening, the odds about a wet Christmas collapsed from 6/1 to 4/1 to 5/1 and smart backers are celebrating a seven-figure payout,' said Graham Sharpe, spokesman for William Hill.

“We are already offering odds of 10/1 for a London white Christmas, 8/1 in Cardiff and Glasgow but only even money for a wet one for 2008.'

Meanwhile, Will Hill stated that a small accumulative bet placed on what would happen over the course of 2007 could have won someone a large stack of cash. A $20 bet on Charlotte Church becoming pregnant, Jose Mourinho leaving Chelsea, Ming Campbell ceasing to lead the Liberal Democrats, Frankie Dettori winning the Derby, David Beckham playing again for England and Louis Walsh quitting the X Factor would have paid out $335,521.

'Plenty of punters backed one or more of these eventualities but fortunately no-one bet on all of them,” said Sharpe.

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