TIL That English sports betting site William Hill, who offered 5000-1 odds on Leiceister City winning the English Premier League in 2015, ended up losing $3 million. Because of this, they no longer offer odds higher than 1000-1 for bets on teams winning championships.

https://www.espn.com/chalk/story/_/id/15447878/putting-leicester-city-5000-1-odds-perspective-other-lo…
#til #todayilearned
https://www.reddit.com/r/todayilearned/comments/1gjn411/til_that_english_sports_betting_site_william_hill/