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Daily Mirror
Daily Mirror
Sport
Ben Parsons

Lucky punter turns 50p bet into £84,000 with four-fold at Australia's Melbourne Cup

One lucky punter in Australia is on cloud nine after cashing in £84,000 from an outlandish bet worth the equivalent of just 50p.

The Victorian punter had placed a single Australian dollar on four ambitious long-odds winners at the prestigious Melbourne Cup on Tuesday. And he can now count his extraordinary winnings after picking the four correct horses to win races 3-6 of the early quadrella in Melbourne.

Love Tap, High Approach, Renosu and Bartholomeu Dias all came in, meaning the punter was owed a remarkable payout of $154,759 (£84,000) by the Victorian pool. But the punter is not the biggest ever winner at the races in Melbourne. A retired New Zealander claimed a mind-blowing $1million (£560,000) total prize in 2020 from just a $112 (£62) initial stake.

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