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With club poised to win league...

Unluckiest fan proves it doesn’t pay to forget

Leicester City A former editor of The Economist is probably the unluckiest Leicester City supporter after last year forgetting to place his annual £20 bet on his team winning the league.

For 20 years the current boss of Bloomberg News John Micklethwait put a bet on the club, more in hope than expectation.

But last summer he was preoccupied with a move to New York and forgot to make his annual wager. Now, with Leicester just one win away from winning the Premier League, he looks like missing out on odds of 5,000/1 which would have paid out £100,000.

The 53-year-old first admitted that his oversight was £20 saved, given Leicester’s usual mid-table track record and the fact that a couple of seasons ago they playing the likes of Yeovil Town and Barnsley in the lower leagues.

Micklethwait wrote in a Bloomberg View column about his missed chance of a fortune and how he was often the subject of some amusement for his apparently misplaced faith in the Midlands club.

“The wall of my office at The Economist in London was festooned with the resulting betting stubs, to be mocked by my colleagues who followed more successful teams,” he wrote.

“Last summer, having moved to New York to work for Bloomberg, I missed making my routine bet; the odds being offered on Leicester winning the title were 5,000’1, but, somewhere deep down, I assumed it was £20 saved.”

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