![]() ![]() Leicester’s run to the title seems to have emerged from a twilight zone where the odds against success are so huge that the normal rules of betting and bookmaking do not apply. So the biggest winning outsider of all time lands the Premier League title, is that not the ultimate skinner too?īut some outsiders, apparently, can take even the bookmakers by surprise. When a 100-1 chance wins the Grand National or the Open golf, it is described as a “skinner” for the books – an event when they keep all but a fraction of the total money staked. ![]() There is no doubt that bookies can, and frequently do, lose money on individual markets, but it is when the favourite wins, not the rank outsider.
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