So, winning £1.5 million on a £2 bet, eh?
Mr Whiteley, a heating engineer who only goes to the races twice a year, put his money on the Tote Jackpot, which requires punters to pick every winning horse in six races.
Yesterday, 363,000 tickets picked the winner in the first leg, but just 9,076 tickets then repeated their success in the second. The field was slashed again after the third race, which saw 571 punters go through. Only seven people picked the fourth winner, and Mr Whitley was the only ticket left for both of the final races.
As each race takes place, those who did not pick the winner are eliminated and the field of gamblers rapidly thins. If no one picks all six winners, the winning pot rolls over to the following event.
That\’s a tontine, not an accumulator.
Last man in scoops the pot, rather than it being about the odds of the horses actually running (which I think were 368,640 to one).