- Student alleges bookmaker has withheld $1.2 million from amazing horse race bet
- Counterclaim from betting group states that student did not stick to ‘third party betting rules’
bet365, the British betting company at the center of the storm, has flipped the suit around and states that the original wagers breached the site’s terms – so they are not liable to pay out on the bet. The Telegraph reports that a writ has been filed by the student with the Belfast High Court, Northern Ireland, naming the bookmaker’s parent company Hillside (UK Sports) LP.
Student placed audacious series of bets worth $32,000
These were all ‘Lucky 15’ bets – a four-place 15-way bet that increases the odds of winning and brings an accumulator effect to all related bets.
The savvy student used these each way bets – and a little luck – to net a whopping £985,000 profit on top of her starting stake of £24,960 ($32,170). However, bet365 is refusing to honor the win and McCann alleges that they have withheld not only her winnings, but her initial stake too. Following the win, McCann’s account has been closed, according to the Telegraph.
She has now sought legal action against the bookmaker to get her money back.
Fraud and cheating allegations
However, bet365 is not only contesting the suit, but it has raised its own counterclaim which accuses McCann of not following the bookmaker’s rules.
The bookmaker’s terms include a clause that states third party betting is not permitted in any form – and they strongly suspect a third party was involved in raising the initial stake for McCann’s bet.
In documents seen by the Telegraph, the betting company states that: “Our client has reasonable grounds to suspect your client to be guilty of criminal offences including fraud by false representation; cheating or attempted cheating.”
If the allegations are proved true, this would deem McCann’s bet invalid and bet365 would not be liable to pay the winnings – though the court could demand the return of the original stake.
However, the court will have to consider this issue carefully, as many bets are placed informally on behalf of a third party or with funds that came from another person – which could affect the legality of many current and future wagers.
The case against bet365 will be brought by Andrew Montague, who has previous experience in this area of the law. He was the successful attorney in the Barney Curley case of 2010, in which a racehorse trainer’s accumulator bets were eventually honored by the online bookmaker he placed them with – netting him a cool £3.9 million.
Want to try an online casino?
Choose an approved casino from our carefully selected list. VIEW CASINOS