'Lucky' punter failed to claim HK$118m prize

Last updated 05:00 22/12/2013

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It's quite possibly the strangest punting story you'll ever hear.

How a punter raked in HK$118 million (A$28.8 million) from the Triple Trio in Hong Kong - and failed to collect the money.

It was 2001 and everyone was chasing the big $200 million jackpot at Happy Valley.

The computer syndicates spent millions chasing one of the biggest racing prizes in history, coupling up multiple horses in hundreds of thousands of combinations.

But most were taking percentage units, as will be offered when the TT starts here next month, to cover as many combinations as possible without paying the HK$10 per full unit.

Weirdly, while this one punter adopted the popular strategy of using bankers to reduce the outlay, he took his bet in $30 units.

In the first two legs he chose one banker and six other horses and in the final leg the punter had two bankers and six other horses running for him.

With 15 combinations in the first leg, 15 in the second and six in the third, his total number of combinations was 1350 (15 x 15 x 6).

Multiply that times his $30 unit and the total spend was HK$40,500.

When outsiders rolled home in the first two legs the punter was set up for a huge collect and despite the favourites coming in in the final leg the payout was still a massive $38,577,504 for each $10 unit.

Unbelievably, no one came forward to claim the HK$118 million in the 60-day time frame which the Hong Kong Jockey Club allows and the money was given to charity.

The second biggest Triple Trio in Hong Kong was on March 28, 1998, when two $5 units shared HK$133 million.

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- Sunday Star Times

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