Camelot has won the 2012 Epsom Derby and Coral will be paying heavily for his sensational victory.
Camelot's victory in this afternoon's Investec Derby has left Britain's bookmakers, including Coral
, facing a multi-million pound payout fueled by the earlier success of his stablemate St Nicholas Abbey in the Coronation Cup which ensured thousands of big race double bets were landed on the day.
"Camelot was a loser ante post, he was a massive loser on the day, and with thousands of customers doubling him up with St Nicholas Abbey, this year's Derby has left Coral nursing a sizeable seven figure hangover," said Simon Clare, Coral Spokesman.
"The upside on a costly day for bookies is that we now have another equine star to celebrate this season, alongside the likes of Frankel and Black Caviar, and the promotional value of that will hopefully offset some of today's losses," added Clare.
Coral are quoting 1-3 about Camelot winning the St Leger to become the first horse since Nijinsky to complete the Triple Crown after connections indicated that a tilt at the final Classic was a distinct possibility.
Camelot is 3-1 favourite to win the Prix De L'Arc De Triomphe.
** St Leger:
** Prix De L'Arc De Triomphe
3-1 Camelot (from 5-1), 10-1 St Nicholas Abbey, 12-1 Danedream, 14-1 Beauty Parlour, 16-1 Orfevre, 20-1 Bar