£5 to £500,000

i got sent that as a whattsapp message

it's on twitter

https://twitter.com/istabraq_king

punter stands to collect more than £500,000 from a £5 bet if hot favourite Envoi Allen wins at the Cheltenham Festival on Thursday.

Paul Dean has seen four legs of his five-horse accumulator triumph.

Now he has been offered the chance to cash out for £275,000 regardless of the final result.

"He told me he won't be able to sleep tonight. I'd say that's a massive understatement," said Betfair spokesman Barry Orr on Wednesday.

Tiger Roll claims fifth Cheltenham win - day two report
Racecards and results
A bet slip showing a bet with Golden Horde, Hello Youmzain, Shishkin, Bob Olinger and Envoi Allen
IMAGE SOURCE,@ISTABRAQ_KING/TWITTER
Image caption,
Paul Dean's betslip showing the odds he got the five horses at

Dean's winning run began with two winners at Royal Ascot nine months ago, and two more have followed at Cheltenham this week as he closes on a potential payday of £511,225.

''He could take the cash out offer and sit back safe in the knowledge that regardless of what happens in the race he is £275,000 better off," said Orr.

"Alternatively, he can reject the offer and hope Envoi Allen beats his seven opponents and also safely negotiates the 16 fences to land his incredible bet.

''Envoi Allen is 4-9 favourite so he may well stick and let the bet run.''

The winners so far:
Golden Horde (12-1) - Won Commonwealth Cup, Ascot, 19 June 2020

Hello Youmzain (10-1) - Won Diamond Jubilee Stakes, Ascot, 20 June 2020

Shishkin (4-1) Won Arkle Chase, Cheltenham, 16 March 2021

Bob Olinger (25-1) Won Ballymore Novices' Hurdle, Cheltenham, 17 March 2021

Waiting on:
Envoi Allen (4-1) - ??? Marsh Novices' Chase, Cheltenham, 18 March

11 plus bar on here,4 horses over 20,s plenty of scope to back the field and win a tidy amount whatever happens

5 er bet  ur Part cashing at least .

Cant belive thats the cash out they are offering Him , I would cash out 150 k Let the rest run only a lunatic wouldnt

i would take the 275 or try to negotiate for a bit more ,look what happened to politilogue today

Just like the one on here last night it doesn't add up, for a five pound acca he's got 90+K running on, even aside from the fact that it's an odds on shot now they wouldn't be offering him that amount.

would they let him  part cashout ? case

yeah duffy summit not right

Cash out half? Question is how much it would affect his life. Is £500,000 twice as significant as £250,000?

It is possible Envoi Allen might shorten up tomorrow morning which might increase the cash out offer.

Good luck to the bloke.

Absolutely: the old chestnut about "why put the last one in if you were going to cash out" doesn't apply here at all, because the value is generated by the fact it was 4s then and 2s on now.  Cash out all day long.  Festival novices' chase all sorts of silly things can and do happen.  You would have to be considerably richer than me not to grab the 275K without a moment's thought.

snatch thier bollax off for that offer ! think its a bookies pr stunt tbh

^^^duffy they will offer him what he would need to stake at the current price less their bit.  So if it is a genuine 2s on shot that 333K minus their 'bit' which is 58K.

That lets them lay the liability and lock in a big profit. 

It has nothing to do with what is 'running on' at the original odds.

If its on Sportsbook foyles there will be a slider on the bet .or should be ,someone saying hes got 20 bags in his account ,Perhaps he has already had an acca up

Imagine sitting watch the race u could have 275 k Its not happening he is cashing all day Long imvho
,As I say say 150 ,k you still have a lovely bet running imo

If it is genuine???? another thing to consider is this,

Would you want so much running on with a horse like Asterion Forlonge lining up alongside your horse....NO THANKS

Plus he's had a fiver on it, he'd take that offer all day long....but I don't believe it so it's all moot.

20 bags in his account and he has a £5 acca ? yeah right

Sounds Like a load of Shyte on Barry Bollixes twitter account as well

muse,

That's the doing it by the book routine, but this is deal or no deal and a temptation to a small gambler as this appears to be would make the offer much lower

ELG has made an offer,no reply yet!!!

glen,

this is another wicked tuna episode

He must have had another bet on the First selections to even contemplate not cashing

treble up today for 55k

who,d heard of bob ollinger whilst royals ascot was approaching

deserved 500 grand for knowing/guessing bob would go for ballymore and envoi a handicap,
itv should be chasing him down if its true

was shishkin 4/1 for the arkle after last years supreme?

If it was my bet and Betfair Barry had offered me 275k I'd have bitten BOTH his hands off ! Get it banked now the last thing you need to wake up in the morning and find out it's lame and been withdrawn !

according to chappers shishkin was 7/1 for a few mins arkle after crossing line in supreme .he must be nostradamus predicting where bob and envoi would go !

thats why its probably shoite,why offer 275 grand for something that doesnt get down to start,
stupid question but if its declared and is a non in an antepost acca does he get paid on winning legs acca

Simple answer is no 1st time,ante post rules are one in all in,one goes down they all go down unless a concession!!!

cheers

no A/P all in,run or not.

"Future Racing bets are subject to a maximum payment of £250,000" From Betfair T&cs ..That's why I use 365 and Hills for my crazy £1 million ante post multibets

So he won't be getting half a million or the cash out amount if bet is true

dont believe a word of it but had a stroke of luck it turning up after elliott affair so deffo a cash out

@giggitygiggity re max payout -- Barry Orr said the punter had been in touch to check the payout and Betfair confirmed they'd pay the full amount.

Of course they did ramruna,have you asked Baz the Bull shyster by any chance?

The customer service agent in Mumbai confirmed it so everything ok

Ask him why he did not pay out on Biden after the result if you trust him?

@glentoby -- my guess is the low Betfair limit is from the old days when Betfair was running on a shoestring. £500k is peanuts to Paddy Power (who now own Betfair). Check the T&Cs for updated limits in a week or so imo.

btw good to have a positive punting story on the BBC site alongside the ex-cricketer gambling addict.

Positive punting on BBC,will they invite an Appleby on for a trainers view iyo?

"Future Racing bets are subject to a maximum payment of £250,000" from Paddy Power t&cs

OK you got me. Maybe that's why I don't bet with Paddy Power! 

Anyway, for this bet they've confirmed they'll pay the full half a million and a bit.

Before Royal Ascot last year Bob Olinger had won a PTP and a bumper - if anyone was confident enough on that evidence to back him at 25/1 for the Ballymore in almost a year's time, well, they are an absolute genius.

- t&c's are final.. bar any fantasy PR stunt we dream up..

GL to the fella but surely when you have
these bets you know what it comes to,
Especially A/P bets.
Comes to £1/2M and then you ask what
their max payout is.

FFS you bunch of barstewards why did nobody tell me PP had bought BF?

Hold on. Paddy Power max payout is £1 million on top races.

UK - Classes 1 & 2    £1,000,000
https://www.paddypower.com/aboutUs/Betting.Rules/

Penzance has the fishing really got so bad in the West Country that the pilchards can no longer recognise a net?

Ramruna,have you checked with Barry? Btw who is employed by PPBF and not PP? Maybe he should check his contract for severance limits IYO?

@glentoby are you offering a price on Orr being sacked tomorrow for paying out too much on this bet?

Strange how a photo of the bet on display in the Daily Mail lists the first two as ante post bets but not the last three which still had 9 months left to go before the races

Ramruma it says underneath that the exceptions to the £1 million payout.. "Future Racing bets are subject to a maximum payment of £250,000"

You would think his jumping was safer than Monkfish, but even so it seems a no-brainer to cash-out.

carrot1960 17 Mar 21 20:43 
Strange how a photo of the bet on display in the Daily Mail lists the first two as ante post bets but not the last three which still had 9 months left to go before the races


I thought that but I checked and an antepost bet now on next years festival doesn't state antepost on the bet

@giggitygiggity -- you are right. Lucky I don't bet with PP or win half a million on accas.

Anyway for this bet it is moot because they've said they'll pay up.

Funny how on a positive story for racing we've had two pages of negativity.

I will be happy to lay your missus ramruna,providing A.Under 40 B.Better shape than Miss Piggy aka Norfolk trainer C. Less wrinkles and D.You deny me the opportunity due to travel restrictions!!!!

All that apart try and stick to the theme of fishing rather than contractual law and Baz's agreement with BF?

And btw just to dispel doubt E.Female!!! Many thanks.

Anyway, time for Masterchef!

It's on the racing post website now

Enjoy ramruna,all just jest which at least you get,some do not!!!

I hope he's an understanding bank manager. If so, just 'lay' the beast at 1/2: 'lay' £200k/£250k to win mega bucks regardless.

gavin lynch tipped bob olinger for the ballymore at 33\1

both him and david jennings gave an horse for this years cheltenham  week after last years festival.....so if he watched the show its possible to have backed it

think gavin lynch tipped envoi allen as well but sure it was bigger than 9\2 for the marsh but its possible by june the price would be shorter

A few queries:

a) Why are they offering to cover the full odds, despite their max payout? It is virtually double. That is a hefty bit of advertising.
b) I presume it was done online. Do you not get an online warning, that your accumulator odds surpass their max payout?
c) With the cashout facility, can you vary the amounts you can take or is it just take this or let it ride'?
d) Staggered at picking the right races. The odds of that alone, must have been fairly large

Never really done this sort of thing, so no idea

me ma always telt iz..son,bleeve fck all unless you see it with your eyes..me ma is correct.

just done a fiver  each way acca wiv billys it pays 1 million so i tried putting a tenner each way stake still a  million

Just out of interest, when did Gavin Lynch tip it at 33/1?

According to his screenshot of the bet he had over 20k in the account when he placed the bet , since when did punters with 20k in the account put on £5.00 acc's

aye but its not really a bet is it..its a chuck away fiver on a whim.

Mar 17, 2021 -- 5:46PM, carrot1960 wrote:

According to his screenshot of the bet he had over 20k in the account when he placed the bet , since when did punters with 20k in the account put on £5.00 acc's

That made me question it when I first saw it but I just think he's probably had some of the horses in other accas that have already copped. Somebody earlier in the thread said he'd already had a 55k treble up but I've not seen any evidence of that (not disputing it has happened).

In the full story he won loads before, not sure why he would have 20k sitting in a betting account but then again it is probably safer than a bank.

Ah right. Hope he's got 2 stage authentication turned on...

goonie....straight after last years cheltenham.....he then tipped this year the mullins horse that finished 2nd.....he told david jennings despite taking 33\1 fpr bob olinger the mullins was better financially for him

i think also david jennings tipped shiskin......i think those are the 3 i remember being tipped so its not his great tipping but following someone else

don't matter who tipped 'em,he put those together
with others in an acca and won.
GL to the fella.

Does anyone know if he posts on here?

https://twitter.com/itvracing/status/1372482965675118592

he's decided to cash out..£250k the field..£322 Envoi

https://www.racingpost.com/news/latest/decision-made-punter-to-win-250000-after-cashing-out-amazing-5-acca/479299

fooookin ell

Thanks portmanpark, that removes the doubt I had about this whole story. Bob Olinger was tipped for the Ballymore after last year's Festival on the strength of his Gowan bumper win and the advice was followed in this amazing acca. I question it no more.