• Home
  • News
  • Entertainment
  • LAD Originals

U OK M8?
Free To Be
Extinct
Citizen Reef

To make sure you never miss out on your favourite NEW stories, we're happy to send you some reminders

Click 'OK' then 'Allow' to enable notifications

Not now
OK
Advert

Man To Win At Least £250,000 After He Partially Cashes Out Amazing £5 Acca

Published 
| Last updated 

Man To Win At Least £250,000 After He Partially Cashes Out Amazing £5 Acca

One lucky punter is set to win at least £250,000 ($349,000) on a £5 ($7) accumulator he put on for the Cheltenham Festival.

Paul Dean could have collected more than half a million pounds on the bet, which he has now partially cashed out.

If he had decided to let the bet run on to odds-on favourite Envoi Allen in today's opening race, he could have been in with a chance of doubling his £250k win.

Advert

But, after a long night of deciding what is best to do, he took Betfair up on its offer of a payout before the Marsh Novices' Chase at 1.20pm.

Dean documented his journey on Twitter, with thousands rooting for him.

The offer means that if Envoi Allen wins, he will scoop £300,000, but if the 'banker' is defeated, he'll still get a tidy £250,000.

Advert

He said: "So after celebrations last night, 4 hours sleep, an hours walk at 5am I've decided to take a partial cash out offer of 300 Envoi / 250 the field.

"With other bets my position on the race is £322,000 Envoi or £250,000 the field."

The accumulator has consisted of 12-1, 10-1, 4-1 and 25-1 winners so far.

Advert

Betfair spokesman Barry Orr said: "At Paul's request we gave him a partial cash out offer which reflected his desire to have a portion of his bet still running on Envoi Allen, while also ensuring a substantial profit on his incredible bet.

"The offer sees Paul receive £250k if anything other than Envoi Allen wins the Marsh Novices' Chase today at 1.20 and an additional £50k should Envoi Allen win.

"Giving him a total of £300k and fulfilling his wish of being able to cheer home Envoi Allen with gusto."

Featured Image Credit: PA

Topics: UK News

Amelia Ward
More like this
Advert
Advert
Advert

Chosen for YouChosen for You

News

Kate Moss Says Johnny Depp Never Pushed Or Kicked Her Down The Stairs

3 hours ago

Most Read StoriesMost Read

News

Kate Moss Says Johnny Depp Never Pushed Or Kicked Her Down The Stairs

3 hours ago