I Am Maximus became the first horse since Red Rum to win the Grand National twice as one punter landed £800,000 from a sensational £100,000 bet
One punter found themselves £800,000 wealthier after a remarkable wager on I Am Maximus to secure the Grand National title for a second time.
I Am Maximus made history by becoming the first horse since Red Rum to reclaim the Grand National title, with jockey Paul Townend guiding him to victory.
The winning horse was a popular choice throughout the day and was the 9/2 favourite for Townend, trainer Willie Mullins and owner JP McManus.
However, one punter had more reason than most to celebrate after placing an enormous bet on the 10 year old gelding.
Before the race, ITV Racing revealed that on-course bookmakers Fitzwilliam Sports accepted a £100,000 bet on I Am Maximus at 8/1.
Johnny Dineen, a professional gambler who has been working with Fitzwilliam Sports at Aintree this week, shared details of the bet with ITV Racing.
Dineen stated: “It’s the biggest bet we’ve ever taken, £100,000 at 8/1.
“It’s our biggest bet by a mile and we’ll have to try to trade some of it off in the ring.
“It goes without saying it would be a bad result for us!”
Indeed, it proved to be a disastrous outcome for Fitzwilliam Sport, run by Irishman Paul Byrne, the bookmaker and racehorse owner whose blue silks were donned by the triumphant Soldier In Milan in last weekend’s Irish Grand National.
The lucky punter walked away with a staggering £800,000 from their audacious bet on one of the sport’s most unpredictable races.
With Dineen having departed to catch a flight home, Kieran Stokes was left to recount Fitzwilliam’s unfortunate story.
“We did lay some of it off but not enough!” he said.
“It was the money that followed after which made it worse as he went off 9-2, it was just a steady stream of support for him in the final hour.
“Grangeclare West was very popular, but we also laid a few quid on Jordans as well so when he shot clear and the only hope we had of getting him beat was I Am Maximus we knew we were in trouble!
“It’s been a great week, our first time here and it’s not put us off, we’ll be back next year to have another go. It’s the hardest race of the year for a reason.
“You grew up on stories of how good trade was in betting rings and this has been a throwback to that I suppose.
“There was an almighty gamble on the winner of the Irish National on Easter Monday as well, but we were on the right end of that as the owner of the horse, Paul Byrne, also owns our company!”
Overall, the outcome proved costly for bookmakers throughout the sector. Nicola McGeady from Ladbrokes remarked: “Hats off to the punters who stayed loyal to I Am Maximus; there was a massive wave of support for him all week.
“It was a result we didn’t want to see, and we can safely say it was a ‘Punters’ Grand National’ through and through.”
A representative from Betfair commented: “It was a bruising result. Punters have had much the better of it, getting involved in what was a mammoth public gamble.
“The winner represented the worst result in our book and the places offered little comfort. Well done to the maestro, JP McManus.”

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