Why bookies are fearing Foxes

Leicester can complete arguably the greatest achievement in sporting history at the weekend, but the bookmakers certainly won’t be celebrating.

A Super Sunday victory for Claudio Ranieri’s men at Manchester United or a failure to gain ground by Tottenham in their Monday Night Football clash at Chelsea will see the Foxes crowned Premier League champions, having started the season as the biggest-priced outsiders available.

Only 128 Sky Bet punters took advantage of the 5,000/1 odds, but bookmakers across the industry are prepared to pay out on an estimated £20m liability in total, which represents a biggest-ever single market cost.

Sky Bet have already paid £1.1m to customers opting to Cash Out their bets and are set to fork out another £3.6m, making them the biggest losers in the industry from Leicester’s triumph.

Sky Bet’s Dale Tempest explains: “As Football League sponsor, we’ve probably got the largest base of Leicester fans, which make up the vast majority …

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