Leicester City wins EPL championship at 5000/1 in greatest sports betting upset ever

May 1, 2016 |
Back in August, when Ladbrokes released their odds to win the league title, Leicester City was listed at 5000/1 to finish at the top of the table.
Back in August, when Ladbrokes released their odds to win the league title, Leicester City was listed at 5000/1 to finish at the top of the table.
Leicester City has completed one of the most improbable league championship seasons in sports history, and brought some long-shot bettors along for the ride. The Foxes won the English Premier League and a handful of punters cashed in 5000/1 winning wagers.

Back in August, when Ladbrokes released their odds to win the league title, Leicester City was listed at 5000/1 to finish at the top of the table. As one of the longest shots for punters to take a stab at, most had them penciled in for relegation rather than shocking the entire world.

Now, after Tottenham have officially been eliminated from contention, Leicester have done exactly that.

The Foxes could have clinched the EPL title with a win against Manchester United at Old Trafford Sunday but a 1-1 draw left Monday's Chelsea vs. Tottenham match as the possible historic moment for Leicester City. A miraculous second half comeback by Chelsea proved to be the deciding factor as a 2-2 draw put the final nail in Tottenham's coffin.

Alex Donohue of Ladbrokes said, "The greatest sporting story of all time is no longer a dream. Leicester have officially landed the biggest upset ever seen and when it comes to this story going straight to Hollywood all bets are off."

Heading into Sunday's potential clinching game for the Foxes against Manchester United, there were 24 punters who had possible winning tickets at 5000/1 for Leicester City to win the Premier League. Prior to the start of that match, two of the 24 decided that accepting an early cash out offer from the sportsbook was their best option. Both fans had £1 wagers and, instead of sweating out some potential clinching games, took home a prize of £4381.

That left 22 Ladbrokes customers to sweat out Monday's game involving Tottenham - and potentially two more weeks if things didn't go the way of Leicester City.

One far-sighted Leicester City supporter is student Karishma Kapoor, 20, who rejected the offer to cash in her £2 bet before Sunday's kickoff and had her £10,000 ticket come in Monday.

"The first half did my nerves no favors," admitted Kapoor, "but I always had the faith we would do it at some point so I'm just ecstatic, not just due to the bet but for the team and the entire city. I'm on cloud 9 as a Leicester fan as it is and the bet is the icing on the cake. I'll pay for the drinks tonight, save some of the money and spend the rest on a European away day next season."

"We may be paying out record sums to Leicester backers but we do so with a smile and we have to applaud the handful of fans who took the mammoth odds at the start of the season," said Donohue, "It's been a thrill to be involved in this story from the off for a company which such a passion for sport."

Donohue added, "The days of 5000/1 are over. We'll never be so generous with odds again for an underdog, but we still forecast up to 50 times as much betting interest in outsiders for the title next season."

Leicester have already been installed at 100/1 to win the Champions League next term and 33/1 to win the Premier League title next season.

The historic underdog story has sparked a series of humorous "things that were more likely to happen" comparisons:

Simon Cowell elected next British Prime Minister

500/1



Loch Ness monster discovered

500/1



Elvis Presley to be found alive and well this year

2000/1



Pope Francis to suit up in a game for Queens Park Rangers this season

4000/1


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