BLOOMBERG EDITOR, JOHN MICKLETHWAIT RUES MISSED 5,000-1 BET

BLOOMBERG EDITOR, JOHN MICKLETHWAIT RUES MISSED 5,000-1 BET

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–  Bloomberg editor, John Micklethwait rues missed 5,000-1 bet

– Bloomberg’s news editor, John Micklethwait, has failed to get richer by $146,730 for failing to place a bet on 5,000 -1 Leicester game odds.

 

Bloomberg editor, John Micklethwait rues missed 5,000-1 bet
John Micklethwait

Ahead of the Chelsea-Tottenham title deciding Premier League match on Monday, a 5,000 to 1 odds best was placed on the chance of Leicester City winning the title.

However, Chelsea football club forced Tottenham to a 2-2 tie in the Monday night football, thereby giving Claudio Granieri’s men room to cruise to league victory even with two games still go.

More as Tottenham might be the most disappointed for failing to make it count, there is one man who will be more disappointed and pained.

That man is John Micklethwait, an editor of Bloomberg news. On Monday, Leicester soccer club beat 5,000 to 1 odds to win Premier title, the first time in 20 years the Bloomberg editor in chief John Micklethwait didn’t place a 20 pound bet.

However,  John will on some part be happy that his perennial loser soccer team, Leicester City Football Club, won the Premier League championship.

Here’s the bitter part in Micklethwait’s own words:

For around 20 years, every August I have bet 20 pounds on Leicester City to win their league,” Micklethwait, an Englishman, wrote in a column last week. “Last summer, having moved to New York to work for Bloomberg, I missed making my routine bet…but, somewhere deep down, I assumed it was 20 pounds ($29) saved.”

On Monday, six days after Micklethwait’s column was posted, Leicester cinched the England’s Premier League title — beating 5,000 to 1 odds.

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His 20 pounds would have made him 100,000 pounds ($146,730) richer. But he has missed out of that luck for failing to palce a usual 20 pound bet on the Foxes.