So it’s the 87th minute of the World Cup match between Slovakia and New Zealand, and the TAB bookmakers are about to shut live betting down, when a bet comes in for $40k on Slovakia to maintain its 1-0 lead. At that late stage, the winning bet will only pay off a mere $800, so it’s a bit like someone had $40K just lying around, and decided he’d rather not have to tap into it to pay next month’s rent, so why not put it out there on a sure thing? Sure… And then Winston Reid scores three minutes into stoppage time, and suddenly the only sure thing is that you need to find another way to make the rent next month. Read more.
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