Political punter could make £1m if Scotland votes No

A political punter could make £1 million if Scotland votes No to independence, bookmaker William Hill said.

A political punter could make £1 million. Credit: PA

The customer had already put a record £600,000 on the outcome of the referendum and added a further £200,000 to his wager, meaning he stands to collect £973,333 should the outcome of the poll be a No vote.

This gentleman's stake of £600,000 was already a record for political betting, but his latest 'investment' as he calls it, takes his total wager up to £800,000 - the biggest amount ever gambled on the outcome of a political event.

– William Hill spokesman Graham Sharpe

The man, who cannot vote in the referendum, staked his initial bet of £400,000 at odds of 1/4 in June 2014, followed it up with an addition £200,000 at odds of 1/6 at the beginning of August, then added a third instalment on Saturday at odds of 1/5.