Majority of bookmakers make known their maximum pay-out rather than the maximum amount that punters can stake.
The maximum pay-out of bookies and the rare limits on stake differ from one bookmaker to another. The table below shows these limits for some recommended bookmakers.
Online Bookmakers: Max Bet Amounts & Pay-Outs
- Date Established: 1997
- Location: Gibraltar
- Contact: [email protected]
- UK Customers: YES
- License: Malta United Kingdom
- Bonus: 100%
- Bonus Code: NL100
- USA Players: NO
- UK Players Accepted: YES
- License: Malta
- Software: Kambi group
Why The Limitation on Pay-Out Not Stake?
Bookies attitude towards limitation of pay-out in contrast to undeclared maximum limit that punters can stake is somewhat incredible. There are reasons for this unimaginable behaviour of bookmakers:
- To prevent the betting company from going bankrupt.
- To stay protected from losing huge money to users who engage in match fixing.
- To Prevent Punters and other bookmakers from large betting on small odds that may yield huge pay-out.
- Also allows them to place on smaller odds but pay-out remains the same.
What Are the most Controversial Bets Ever?
Many times, punters do show their gaming talents as they come up with big bets and claim handsome pay-outs.
Below is the list of top five past bet with regard to their stake and the final pay-out.
1. Leicester City to Win Premier League
One of the biggest bets ever won was associated with Leicester City lifting the EPL trophy; this kind of unusual long-term bet was staked by some die-hard Leicester fans. Funny enough, the odd was as high as 5000/1 as at the beginning of the 2015/2016 season. It paid off when Leicester finally claimed the title against all odds.
One of the Leicester City fans from Manchester who staked £20 finally received £100,000 which was the highest pay-out recorded on that bet. Also, Leicester City great display in that season made the UK bookies lose up to £25 million.
2. Saints Winning Super Bowl XLIV
Before the start of Super Bowl XLIV, many betting experts, analysts and fans backed the Indianapolis Colts for easy triumph over the New Orleans Saints. But the idea was opposite for one desperate bettor from Las Vegas, Billy Walter who staked $3.5 million in favour of the underdog Saints.
Fortunately for Billy, his bet played as the Saints unexpectedly triumphed over the favourite Indianapolis Colts and he finally claimed an unknown amount.
3. Monty’s Pass Wins the National
Mick Futter made headlines in 2003 after a wonderful display of his horse Monty’s Pass which came first at Grand National. The Blackpool born and owner of numerous bingo hall in Britain and Ireland including other four co-owner of the horse staked £5,000 and £10,000 with odds of 33/1 and 20/1 respectively. Both parties received £1 million+ after the horse race.
4.‘Money’ Mayweather
Floyd Mayweather came out bragging of his huge sport betting success on social media in 2015. Within four days, Mayweather staked a sum of $350,000 on an accumulator of NBA games and a Middleweight boxing event. All his four selections played and Mayweather revealed that he received a total of $827,272.73.
5. Frankie’s Magnificent Seven
At the 1996 Ascot meeting, Frankie Dettori completely won the seven races on the card. His winning was providential to starting his own online casino game and Darren Yeats also benefited some cash from Frankie’s smartness.
Yeats, a die-hard gambler form Morecambe staked Dettori’s seven mounts with £59 and collected £550,000 after the Italian completed the 25,000-1 odd seven-timer.
- Date Established: 1997
- Location: Gibraltar
- Contact: [email protected]
- UK Customers: YES
- License: Malta United Kingdom
- Bonus: 100%
- Bonus Code: NL100
- USA Players: NO
- UK Players Accepted: YES
- License: Malta
- Software: Kambi group