Last week I wrote about some drunken sod who’d won 3 grand by punting on two favourites and got lucky. A quick update on that story is that he did lose the lot but not before his wad was up to 5 grand. You can read that story here.
I did promise though at the end of the article, the story of how my grandfather won the value of his house from one bet and it was merely a matter of business not money secured from his savings. It almost sounds too good to be true I imagine and technically you’d be right!
My grandparents bought their house in 1948 which was 3 years after the war for £2000. It was a 3 bed bungalow that had around 1 acre of ground attached to it. I often remember spending many a Christmas there as a kid and it was idyllic. After the war my grandad who had played his part with mathematics in terms of the deployment of airborne defence and had even flown over occupied Germany took his expertise to studying the horses.
In a hiatus the family spent a 6 year period over in Australia where my mother was born from 1952 till 1958. It was there that my grandad blessed with a musical career that had afforded them a good lifestyle decided that the family return to the UK as he could make more money exploiting this “new found concept of value and applied mathematics” within the ever popular horse racing industry.
They returned to their original house after renting it to a local milkman of all trades! It was from this house and a few quid behind him that my grandfather set up his business. He spent hours studying the form and used to travel all over the country spending time with various trainers and owners. He had something called a phone tree. He’d call one person about a horse and they would have to call two people. They in turn would have to call two people and so on and so on. He could make one phone call and have 50 people made aware in the next 30 minutes of a horses chance.
The money would be down and my Grandad would be sitting in the comfort of his own home without having to attend the course, although it was something he loved to do. 1967 was his favourite year when he pulled off the perfect punt he used to tell me!
The horse was Royal Palace. A two-year old at the time had fluffed his first start under the training regime of Noel Murless a trainer my Grandad held in high regard. He went on to win the Acomb Stakes at York. Being entered into Ascot’s Royal Lodge Stakes two months later he fluffed the start and seemed to be nowhere. In-running he would of it existed at the time touched a 999/1 chance but soon founded a turn of foot that enabled him to win by one and a half lengths.
That was that my Grandfather thought. He was the winner of the next 2000 Guineas. He raised 600 quid which was a small fortune in those days and managed to get the full amount down via his telephone tree. The horse won by a neck and secured my Grandad a 2 grand victory. He always told me he’d won enough from that win to pay off his mortgage and take my Grandma out for dinner!
So she was happy and my Grandfather paid the mortgage off. I wonder to this day if he really did or if even he already had. It’s something I do now and always pay a percentage of the mortgage off with any large wins that I have. My Grandfather taught me a lot about that and I hope that any readers will do the same.
MATR continues to make money for its members and a good start has seen the usual losers but we’re in a good position to rake it all back and make January a cracking month.
Join now and get the inside information that has been given to me from over 36 years and all the tricks of the trade given to me by my Grandfather!
I’ll be back next week with another story or insight into the gambling world.