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

BARRY LICHTER
Last updated 05:00 22/12/2013

Relevant offers

Racing

Mark Purdon the record-breaking horseman looking for another Miracle Mile Filly could give Chris Wood joy in Matamata Breeders Stakes Picking five winners at Wairoa nets punter $39,000 from $12 multi Confirmation that Tony Lee is finally back in the commentator's box Brett Gray takes strong team to Winton Kawi can recapture Group I groove in Haunui Farm Classic Winx has Chipping Norton rivals running for second Peter McKay chooses Matamata debut for newcomer Stokers Rock Chris Waller and Hugh Bowman's 10-year association sealed with a Winx Further the better for Guineas winner La Bella Diosa in Australia

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.

Ad Feedback

- Sunday Star Times

Special offers
Opinion poll

How did you fare with your Melbourne Cup punting?

Nailed it, Protectionist you beauty

Not all bad, a nice little profit

Good and bad, I came out about even

Lost a little, but it could be worse

Crashed and burned, there's always next year though

Vote Result

Related story: (See story)

Featured Promotions

Sponsored Content