Betfred joins in on early payout on league title for Man City12th December 2017 / lee
Betfred have joined Paddy Power in paying out early on Manchester City winning the Premier League title this season. That was after the Citizens took a 2-1 win at Old Trafford on the weekend against rivals United. The payout by Betfred will have hurt owner Fred Done who is an unabashed Red Devils fan.
“It’s a sad day but as far as I’m concerned the Blues are champions,” said the Betfred boss after seeing his side lose at home against the Citizens on the weekend in the Manchester derby. It will have been with a heavy heart when, at the final whistlem, he settled bets backing City to win the league title.
Done added: “This is painful both for the heart and the wallet but after winning at Old Trafford there is no way no one is closing that 11 point gap. This hurts but the Blues look unstoppable so I’m giving the punters who backed them an early Christmas present.”
The early payout from Betfred is expected to cost them around £800,000 and one of those receiving a payment is a punter who had backed the Citizens at 2/1 with a stake of £40,000 to win the league title. Back in 1989 Done paid out on Manchester United to win the league when they were 11 points clear of Arsenal, but it bit the bookmaker as the Gunners fought back to nick the league by a point.
That though was with just the ten games remaining for the season but this payout on City comes with 22 games remaining. In 2012 Done was hurt again as he paid out early on United again to win the league title, but then that iconic dramatic late action at the Etihad saw Man City win the title on goal difference after Sergio Aguero netted an injury time winner for the Citizens. The most recent occasion before this season’s payout was in 2016 when late into the season, he paid out in April on Leicester winning the title, the Foxes going on to lift the Premier League title for the first time so the bookmaker avoided a double payout that season on the Premier League title.
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