Bookmakers LADBROKES today turned down a £1 million bet from a ‘senior music industry figure’ for the BAND AID 20 single hitting the Christmas Number One.
They claim the anonymous figure tried to put the million on the track – recorded over the weekend at London’s Air Studios – even though its odds are only 1/5.
Spokesman Warren Lush said: “The customer tried to stake £1million on Band Aid at odds of 1/5 but we turned down the bet. We offered him the opportunity to place a smaller bet but he said it was £1million or nothing.
“If he were to have had the bet he would have won £200,000, taking home £1.2million. he remarked that it was better interest than that offered by a bank or building society.
“We didn’t take the bet as it seems like it will take a miracle for it not to go to Number One. The customer wishes to stay anonymous at this stage.”
The current odds for Christmas Number One are:
Band Aid 20 – 1/8 from 1/5.
Ronan Keating and Cat Stevens – 10/1
‘The X Factor’ winner – 16/1
The Undertones – 25/1
Ricky Gervais and Noel Gallagher – 25/1
Kylie Minogue – 25/1
Madonna – 25/1
Paul Holt – 25/1
Westlife – 25/1
Girls Aloud – 25/1
Bar – 33/1