News of yet another massive horse racing payout has come to light in recent days, as a handicapper that wagered roughly $33 has reaped an enormous payout of more than $1.45 million.

According to a report by the Daily Star, a middle-aged British handicapper that wishes to remain anonymous placed a £19 wager – which works out to $33.70 Canadian – on an accumulator wager on Punchestown races via Coral.

The handicapper, whose father was a bookie, has played the horses for more than 30 years. "I've been placing these accumulator bets pretty much every day for 20 years,” he said, “and winning this bet is the realization of a lifetime dream.”

The Daily Star piece explains that the handicapper made his wagers and then went out for the night. He checked his wagers the next morning and realized that he had a seven-figure return coming his way.

The handicapper’s five-horse accumulator turned out to be a life-changing wager, as Das Mooser (who won at odds of 10-1), Woodland Opera (9-2), Definite Ruby (7-1), Bacardys (10-1) and Canardier (33-1) each won their respective races.

The payoff, £822,972.75, works out to be $1,459,864 in Canadian funds.

“I don't know what I'm going to do with the money, as it's only just sinking in,” the handicapper said, “but I have a few ideas and it is going to change my life."

The handicapper went on to say, “I don't know if I'll even carry on betting after this, as I feel I've achieved my goal."

Coral’s PR Director, Simon Clare, has commented on the big win, stating that "This is the most incredible big-win story that we have ever encountered and a just-reward for our customer for 20 years of perseverance placing these 'small-stake big-win' bets day-in day-out.”

Clare later went on to say that "…this inspired customer has landed the biggest ever horse-racing win with Coral of over £800k for just £19.”

This past March, the Standardbred Canada website featured a story about a retired accountant in London, England that placed £2 worth of wagers and nailed a £457,067.52 six-horse accumulator.

(With files from the Daily Star)