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British bettor Paul Dean took a cash-out offer for a quarter-million pounds on a bet that would have won him more than Â£511,000. Dean looked like a savant after his chosen horse fell in Cheltenham's first race. (Image: Teesside Live)

Dean’s List: British Bettor’s Smart Cash-Out Brings Him Â£250,000

Brian Robin - March 18, 2021 3 min read

Almost immediately after favorite Envoi Allen crashed out of the Marsh Novicesâ€™ Chase, punters and journalists around the world were calling Paul Deanâ€™s decision the greatest cash-out in the history of wagering. Dean, who stood to win Â£511,225 if Envoi Allen won the Cheltenham Festivalâ€™s Thursday opener, instead took a […]

One British bettor is making a leap of faith on unbeaten jumper Envoi Allen. He stands to win more than Â£511,000 pounds if the 4/9 favorite wins the Marsh Novices' Chase at Cheltenham Thursday. (Image: Healy Racing)

To Hedge or Not to Hedge: British Bettor Dean’s Six-Figure Decision

Brian Robin - March 17, 2021 2 min read

Paul Dean is staring at the ultimate hedge on a race with 16 hedges to clear. Will the English bettor take the money and run? Or will he let it ride on the favorite in one of the Cheltenham Festivalâ€™s Thursday races? Dean holds a $5, five-race accumulator ticket he […]