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Biggest Parlay Bet Wins in History

Ruth Medley by Ruth Medley
July 8, 2022
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For the longest time, betting has been one of the most popular and well-loved pastimes as it brings both thrill and relaxation to participants. In addition, you can even win some cash while you are enjoying your favorite sport or game. 

This is why many gamblers have started taking betting seriously and established a career in this industry. These professional gamblers have developed solid strategies and learned what they play. And you can witness this in SG bet casino houses or sports betting.

For this reason, it is only understandable to get intimidated, especially if you are a first-timer. But do you know that you do not always have to build a strategy to win? Some people bagged thousands and even millions of dollars just by luck, like what happened to the biggest parlay bet wins in history.

Parlay betting is placing two or more wagers in sportsbooks, such as M8bet, and tying those stakes into one same bet. The rules of parlay are simple – if one parlay loses, then the entire parlay loses. On the contrary, if a parlay wins, the bettor will win and get a high payout. 

This simple rule, however, makes parlay one of the riskiest betting strategies one can ever make. But some people, like Steve Whiteley, have won massive amounts of money by using parlay as their strategy. 

Steve Whiteley, a heating engineer from North Tawton, won £1,445,671.71 in a horse racing parlay. Whiteley is one example of those who have won out of pure luck as he knows nothing about horse racing and has only visited the track a few times per year. 

But despite his lack of knowledge about the sport, Whiteley placed his wagers based on the horses or jockeys’ names when he betted on the Tote Jackpot. The goal of the jackpot was to predict six winners on a card, and Whiteley placed six stakes at random.

Other people, such as Fred Craggs, BetMGM Bettor, and an anonymous bettor, have also won enormous amounts of money by participating in parlay betting. If you want to know more about them and their winning stories, you may continue reading this infographic by CM2BET. 

Biggest Parlay Bet Wins in History

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