Oxfam celebrates £102,000 gambling windfall
By Rebecca Burn-Callander Monday, 09 July 2012
Stat of the day: £101,840. While thousands bawled on Murray Mount last night, following the Scotsman's defeat by the mighty Federer, over in Oxfam HQ, champagne corks were popping.
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No, no. The charity hasn't been engaging in gambling in order to fund its activities.
One of its donors has.
Ten years ago, gambler Nick Newlife placed a £1,520 bet that Roger Federer would win seven or more Wimbledon titles. He bequeathed the betting slip to Oxfam in his will, and this duly passed to the charity three years ago following his death. Last night, Federer came up with the goods, beating Andy Murray with a four-set victory. Oxfam can now claim £101,840 in winnings from William Hill. Which, to quote Roald Dahl, proves 'that gambling's not a sin, provided that you always win'. And give your spoils to charity, of course.
And this isn't Newlife's only winning wager for Oxfam. William Hill has already paid out £16,750 from a bet of £250 at 66/1 that Federer would win 14 Grand Slam events. Newlife could have even upped the odds on that one as the tennis champ has done that and more: he's now a 17-time Grand Slam champion.
Oxfam hasn't revealed whether any other bets were left in the legacy, but MT wagers that we haven't seen the end of Newlife's posthumous lucky streak...