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Reading: Punter wins £55,000 off £5 wonder bet on day one of Cheltenham
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Need To Know > U.K News > Punter wins £55,000 off £5 wonder bet on day one of Cheltenham
A Cheltenham punter turned a £5 bet into £55,253.50 with a lucky Placepot win, stunning bookies after picking surprise winners on the festival’s opening day.
U.K News

Punter wins £55,000 off £5 wonder bet on day one of Cheltenham

Charlie Watton
Last updated: March 12, 2025 11:28 am
Charlie Watton Published March 12, 2025
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Tom's winnings were too much for a standard payout. (Jam Press/@ToteRacing)
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A punter won £55,000 off a £5 wonder bet on day one of Cheltenham.

The racegoer – named Tom – staked a Placepot with Tote Racing.

The bet included miraculous winner Jango Baie and surprise runners-up William Munny, The Changing Man and Burdett Road.

READ MORE: Two men have fight on packed bus on busy high street as shocked passengers watch on

The bookies were left red faced after their till was emptied by an ecstatic customer.

Tom could not believe his luck after his punt paid off winning an astonishing £55,253.50.

A Cheltenham punter turned a £5 bet into £55,253.50 with a lucky Placepot win, stunning bookies after picking surprise winners on the festival’s opening day.
Tom winning at Cheltenham. (Jam Press/@ToteRacing)

The betting company offers a betting interest in six races on a card.

For a small stake, punters can land a share of big Placepot fund dividends.

Unfortunately for a large portion of betters their day took a huge hit after the shock double fall in the Champion Hurdle.

Favourite Constitution Hill and State Man dramatically fell during the race with the 25/1 Golden Ace going on to win.

A Cheltenham punter turned a £5 bet into £55,253.50 with a lucky Placepot win, stunning bookies after picking surprise winners on the festival’s opening day.
Tom’s winning ticket at Cheltenham. (Jam Press/@ToteRacing)

Punters applauded the jaw dropping winnings, as reported by Need To Know.

Dan Friel said: “Fair play to him.”

Dean Taylor said: “Just the 55 bags and change.”

One added: “If that’s true, it’s an incredible bet.”

Social media comment on the post of A Cheltenham punter turned a £5 bet into £55,253.50 with a lucky Placepot win, stunning bookies after picking surprise winners on the festival’s opening day.
Social media comment on the post. (Picture: Jam Press)

Another said: “Seeing bets like this makes me realise I haven’t a clue how to bet.”

A Tote Racing spokesperson: “We’ve been cleaned out at Cheltenham Races.

A Cheltenham punter turned a £5 bet into £55,253.50 with a lucky Placepot win, stunning bookies after picking surprise winners on the festival’s opening day.
GV – Cheltenham Race Course. (Jam Press/@ToteRacing)

“It was a Champion day for Placepot punters at the Cheltenham Festival.”

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