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Rugby World Cup 2015
RFU bet £250k on England to win the WC
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<blockquote data-quote="gingergenius" data-source="post: 393117" data-attributes="member: 33219"><p>It makes sense.</p><p></p><p>If England don't reach the semis, then the players get no bonuses and the RFU is £250k out of pocket on a lost bet.</p><p></p><p>If England do make the semis, then the RFU has to pay out £2m+ to the players and staff in bonuses. So they'll be a considerable amount out of pocket. But they'll have won their bet and made it all back.</p><p></p><p>Basically, they know they'll lose money either way, but 250k is a drop in the ocean compared to 2m+</p></blockquote><p></p>
[QUOTE="gingergenius, post: 393117, member: 33219"] It makes sense. If England don't reach the semis, then the players get no bonuses and the RFU is £250k out of pocket on a lost bet. If England do make the semis, then the RFU has to pay out £2m+ to the players and staff in bonuses. So they'll be a considerable amount out of pocket. But they'll have won their bet and made it all back. Basically, they know they'll lose money either way, but 250k is a drop in the ocean compared to 2m+ [/QUOTE]
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Rugby World Cup 2015
RFU bet £250k on England to win the WC
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