Betfred to Debt Fred – Bookie kisses £500,000 goodbye.
A fervent Manchester United supporter, bookie Fred Done must be finding it hard to put a smile on his face this morning. Having half a million quid riding on the last two minutes of a football game would be enough to make anyone lose their last strands of hair!
Back on April 3rd I got a press release email from bookies Betfred claiming that the title race was over and that Manchester United would not be caught. They had a five point lead and City would never catch them.
Betfred paid out all bets on Man united winning the title early.
It's not the first time though and you would think Fred would have learned an expensive lesson!
When United lost the title by a solitary point to Arsenal in 1998 Betfred had already paid out on Man United winning the title.
Sir Alex told him to never do it again but he wouldn't listen.
This time he has lost half a million quid on goal difference.
It's not often you can laugh at a bookies but this is one of those occasions so make the most of it.
This outcome was always on the cards though especially as the two teams had yet to play each other in the Manchester derby and that was a potential three point swing to City. Also Manchester City had Carlos Tevez back by then and whilst he didn't have a great game yesterday he made the difference for City in the last few games.
After Fred made his announcement United lost away at Wigan, drew at home to Everton, and then lost the Manchester derby.
This is why you don't bet on your own team when you are compiling accumulators or football betting.
Your emotion clouds your judgement and it's exactly the same reason why this weekends football accumulator went down the pan.
What would be worse? Losing half a million quid that you could afford to lose or having a City Crest tattoed on your upper arm with the words "premiership Champions 2012" before the final game had kicked off?
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