A Hampshire-based businessman who bet £50,000 on the fact that Spain would win the Euro 2008 with William Hill, won a sum of £315,000 at odds of 11/2.

He won an extra £55,000 on Spain beating Russia in the opening games of the championship. He made a profit of £275,000 from the outright bet and £40,000 from the match bet.

William Hill Spokesman Graham Sharpe stated, “The win of Spain has proved costly for bookies as their victory has cost the industry millions. All our staff have been banned from going on vacation in Spain in the coming future.”

While one of the companies clients had bet £40,000 on Germany winning the final, another had bet £20,000 on them to win the tournament. The company has now made Spain 13/2 third favorites to win the World Cup. The odds on Fernando Torres being the Premier League top scorer next season are 4/1 with the company.

In other news the company has stated that it has made a good start to this year after its profits rose 43 per cent last year. William Hill, which operates 1600 betting shops, stated pre-tax profits had risen to £201.7 million in the year from £141.4 million for the previous year.

This entry was posted on Monday, June 30th, 2008 at 10:28 pm and is filed under casino gambling, online casino news. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.