Betting markets in everything

A Buckinghamshire man diagnosed with terminal
cancer is to collect a second winning payout of £5,000 after betting he
would stay alive.

Jon Matthews, 59, from Milton Keynes, was
diagnosed with mesothelioma, a cancer linked to asbestos, in 2006 and
told he had months to live.

He placed two bets, each with a £100 stake at odds of 50/1, that he would be alive in June 2008 and in June 2009.

A third wager will earn him a further £10,000 if he lives until 1 June 2010.

The widower will collect his second lot of £5,000 winnings on Monday.

The full story is here and I thank Leonard Monasterio for the pointer.  Of course you are implicitly betting on your life each time you make an investment or a long-range plan.


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