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Man bets over £200k on Election result and loses it all

A man who bet £205,500 on the General Election result has lost it all, after he put his money on a Hung Parliament.

The William Hill client had put his money on a Hung Parliament. Credit: Rui Vieira/PA Wire/Press Association Images

The William Hill client had previously staked the biggest winning political bet of all time on the Scottish Referendum- placing £900,000 on the result and making a profit of £193,000.

However, he then staked £205,500 on the General Election result which proved to be the biggest losing political bet of all time.

He is philosophical about the setback and told me he will be keeping a low profile for the time being. It is a little like a heavyweight title fight in which we took a first round battering but managed to come back strongly in the second."

– William Hill's spokesman Graham Sharpe

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