- One punter was left shocked after winning the huge prize
- Outsider Knight’s Choice claimed victory in the Melbourne Cup
- The punter had staked $100 on the sensational wager
One lucky punter has turned $100 into a $3.2million windfall with a sensational bet on the Melbourne Cup.
It is understood that the punter had initially only thought their bet would return $780,000 but was left stunned upon learning of their full dividend.
A sensational afternoon of racing unfolded at Flemington on Tuesday as $81 outsider, Knight’s Choice, usurped favourites Buckaroo, Onesmoothoperator and the Willie Mullins-trained Vauban to clinch the Melbourne Cup.
The horse, who was ridden by Irish jockey Robbie Dolan, sped ahead of the rest of the field in the final seconds of the race and was crowned the victor by a photo finish.
And it appears multiple punters have cashed in on the outsider after the thoroughbred’s sensational feat.
On Tuesday, Ladbrokes revealed that the punter had sensationally picked the first four finishers in the Melbourne Cup.
The punter remarkably backed Knight’s Choice to finish first, Warp Speed to place second, Okita Soushi third and Zardozi in fourth to clinch the enormous prize pot.
According to Ladbroke’s odds prior to the race, Knight’s Choice had a 1.23 per cent chance of winning, with Warp Speed being priced at $26, Okita Souchi at $18 and Zardozi was backed to win at $14.
But the person managed to pick the final four placings for Australia’s great race, with Ladbrokes spokesperson Tom Hackett confirming the individual had staked $100 on the wager.
‘We congratulate one lucky Ladbrokes punter, who managed to find the first four in the Melbourne Cup,’ Hackett said.
Ladbrokes posted a betting slip on Twitter showing that one punter had won $3.2million off a $100 bet
The punter backed outsider Knight’s Choice to win the Melbourne Cup and picked the three horses to finish after him
‘They boxed Knight’s Choice, Warp Speed, Okita Soushi and Zardozi and have turned their $100 investment into $3.2 million, which is already in their Ladbrokes account.
‘The customer initially thought they had won $780,000, so you can imagine their surprise when the full dividend was revealed.
‘It is a life-changing result and shows that anything can happen in the Melbourne Cup!’
The punter’s wager sees them claim a 416.66 per cent payout.
Elsewhere, another lucky punter won big after another first four bet was placed on a $24 wager.
That forced bookeepers TAB to pay out a dividend of $728,000 while the betting firm also handed one punter $81,000 after the individual placed a sensational $1000 bet on Knight’s Choice.
One individual also clinched a whopping $28,491.70 payout from a $6 mystery trifecta – a bet where a punter’s horses are selected randomly by the bookkeeping firm’s systems.
Ladbrokes claimed that the punter had staked $100 on the wager, making a 416.66 per cent return on their stake
It was also a dream day for Dolan and Knight’s Choice, with the jockey claiming that he felt like he was dreaming after the race.
‘Pinch me, I’m dreaming… I can’t believe it,’ he told Nine News after the race.
‘I think I’ll be singing for the rest of my life after that. What the hell.’