£400,000 gambled on No vote

Horse Racing - 2014 William Hill Lincoln - Day One - Doncaster Racecourse
Horse Racing - 2014 William Hill Lincoln - Day One - Doncaster Racecourse

%VIRTUAL-SkimlinksPromo%A punter has placed a £400,000 bet on a No vote in the independence referendum in what is believed to be the largest political bet ever staked, bookmaker William Hill has revealed.

A middle-aged man from Surrey wagered £400,000 at odds of 1/4 that the Scottish independence referendum will produce a No result when he visited a betting shop in south west London today to place the bet via a banker's draft.