Not a bad return on 20p

[Wizz 11]

TED'S ONLINE WINDFALL

 

A hospital worker has scooped more than £743,000 on an internet casino game after placing a 20p bet.

 

Ladbrokes confirmed that the windfall was the biggest pay-out in its 120-year history.

 

 

Ted Reid, 40, from Aberdeen, hit the jackpot while enjoying an online flutter on the bookmakers' Major Millions game on Saturday night.

 

The father-of-three said: "I just couldn't believe it. I sat staring at the screen thinking this must be a mistake."

 

Mr Reid said he did not want to wake his wife, Kathie, 46, as she was working early the next morning.

 

"I lay awake all night watching the clock and wondering what I was going to spend the cash on," he said.

 

Mr Reid, who heads the porters' department at Aberdeen Royal Infirmary, said he intends to carry on working.

 

But he has promised to treat his wife to a new car and hold a party to celebrate his win on the fruit-machine style game.

 

John O'Reilly, managing director of Ladbrokes e-Gaming, confirmed the £743,760.57 win, which is also a UK internet record.

 

Mr O'Reilly said: "We didn't know whether to laugh or cry when Ted won our biggest payout. But we're absolutely delighted for him."

[indosnm 0]

 Quote:

Originally posted by Wizz:

"I lay awake all night watching the clock and wondering what I was going to spend the cash on," he said.

That's his biggest mistake already! H will probably spend it just as fast as he won it and it.

[scoobydoo 0]

Come on I won so much money I would save the big bulk of it. But I would also buy myself something with some of it as well. I think he's aloud to be excited about that.

[grungy-gonads 54]

I'd have some instant fun with, hmmmmmmm, 43000 of that.

 

[indosnm 0]

Yeah of course most people would buy up if they won, but it's interesting to see the figures on poor people (poor because no idea about money matters) who win the lottery or get big lump sums and usually end up broke within a few years.

[NoFakie 45]

No-one who says they're going to continue working as a head porter is going spend all that money. The ones who spend it all are straight into work tell their boss where to stick it.

 

Heading off topic, but outside idiotic simplifications like Rich Dad Poor Dad, real "poor people" don't have money for a lot of reasons. Literally hundreds of thousands of ordinary British people lost a lot of money because they followed bad financial advice to opt out of occupational pensions in the 1990s. At the time, I would imagine the financial pages of every newspaper and magazine would have been telling them to do it. As another example, the major cause of personal bankrupcy in the USA is now medical bills. People lose everything simply because they get sick. Most of those people have insurance; it's the excesses on the insurance and extended periods out of work that wipe them out. This is happening to middle class people with good jobs.

[indosnm 0]

 Quote:

Originally posted by Mr Wiggles:
People lose everything simply because they get sick. Most of those people have insurance; it's the excesses on the insurance and extended periods out of work that wipe them out. This is happening to middle class people with good jobs.

Thats what Income Protection & Trauma Insurance is for. And that's how I can now sleep at night.
As for the poor, with or without Rich Dad I still think that it's in the mind..

[NutteyCubey 0]

Easy to say that.

[grungy-gonads 54]

I'd at least spend the initial 20p, splash out with that.

 

(I'm feeling more frugal today)

[echineko 1]

20p is like 40 yen, right?

[scouser 4]

Correct.