Irish News

Friday 25 July 2014

€40,000-a-day bets were more than his annual salary

BRENDAN FURLONG

Published 20/12/2012|05:00

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POST office manager Tony O'Reilly is believed to have been gambling up to €40,000 every day – more than his annual salary.

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During the course of his sentencing, Wexford Circuit Court heard he had placed a single bet of €40,000 on the Norwegian women's soccer team – a gamble that failed when they lost.

Operating a 'Tony Ten' account at Paddy Power, his gambling took on a global nature with O'Reilly particularly losing the run of himself in the final weeks.

He placed €5,000 on Russian tennis ace Maria Sharapova – ranked 2nd in the world – in the Wimbledon final, which she lost to Germany's Sabine Lisicki (ranked 15th).

He also had a €3,000 gamble on Sizing Ireland, but the highly-rated Irish racehorse failed to deliver.

Irish Independent

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