Top UK bookmakers have posted around £30 million in operating losses as they had one of the worst weekends ever following a string of somewhat unexpected results.
A host of online punters were left laughing all the way to the bank after top 7 Premier League sides all won their weekend’s matches, causing a great deal of rich accumulators to win.
This has seen online bettors land payouts well in excess of £10,000 for very low stakes, causing UK bookmakers to dub the previous weekend one of the worst in history.
William Hill, one of UK’s largest bookmakers recorded a £13,000,000 loss over the weekend, as they had to pay out on a wide array of winning accumulators.
“It was another ‘magnificent seven’ for football customers over the weekend, with the top seven in the league all hammering the bookmakers with winning results,” William Hill spokeswoman Kate Miller said.
This was probably the worst weekend for UK bookmakers since the legendary Frankie Dettori won all seven races at the Ascot Festival back in 1996, which ended up costing the betting industry some £30 million.
Ladbrokes was another high-profile bookie that took quite a hit last weekend, with Arsenal’s 2-1 triumph over Aston Villa on Monday ensuring all top 7 sides in the Premier League have recorded victories.
“This is as bad a weekend as there’s ever been,” said Ladbrokes spokesman Ciaran O’Brien.
This just goes to show that online punters can beat bookmakers in their own game, and even if these kinds of weekends do not happen too often, it is certainly good to know that even betting on football favourites can see you turn a nice profit.