Saturday, May 4, 2013

Long Shot Bet Pays Off Big

NYT:
Last spring, Conor Murphy was a hired hand who spent his days galloping racehorses, combing knotted manes and shoveling manure in a stable in Berkshire, England.
Mr. Murphy, 29, knew his horses well. He was able to tell which ones were on their toes and which ones needed a little more care. He also knew his way around a betting window. On a hunch, he bet $75 on five of his favorites. It was the sort of desperate stab that only a man who loves horses would make.
But he won — big. His $75 bet paid more than $1.5 million, enough for him to put down the shovel and become his own boss.
Now Mr. Murphy lives in Kentucky, training horses for some of the most prominent figures in racing. On Saturday, he will be at the Kentucky Derby, rooting for Lines of Battle, a horse owned by one of his clients.
“Pure luck,” Mr. Murphy said of his life-changing wager...
Trying not to let his fondness for the horses cloud his judgment, he played a five-horse accumulator through his online betting account.
Then he forgot about it.
The odds at the time of the bet were long on each horse: Sprinter Sacre (10-1), Simonsig (14-1), Bobs Worth (10-1), Finian’s Rainbow (8-1) and Riverside Theatre (9-1). That all five would win was, well, nearly impossible — about 163,350 to 1, said a spokesman for Paddy Power, an Irish bookmaking firm.
That is a great story. My derby picks: Verrazano, Overanalyze and Revolutionary, win, place and show.

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