September 19 2014, updated 5:00am

Octogenarian punter wins $110,000 on $5 bet

Last updated 12:25 05/09/2014

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An 80-year-old Masterton man who "bets to keep his brain active" has scored big, taking home more than $110,000 on a $5 bet.

The punter chose an eight-leg Multi, correctly picking the winners of eight races at the Christchurch Greyhounds last night.

He collected $111,565 at odds of 22,113 to 1.

"I'm in the industry, I race a few dogs and I've been betting since the legal age," says the man, who does not want to be identified.

"I pick my own bets and study the form to keep me sharp."

The punter says he won $11,000 ten years ago, but this is his first "big" win.

He recently came out of hospital and says he's going to spend some of the cash buying his kids a nice Christmas present.

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- The Dominion Post

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