Mike Futter, a renowned gambler from Belfast, known for his audacious betting coup at the Grand National in 2003, has passed away. Futter's victory with Monty's Pass, a horse he backed at long odds, remains a legendary event in racing history.
Mike Futter , a legendary gambler from Belfast and a prominent businessman, has died. Futter was renowned for orchestrating one of the most audacious betting coups in the history of the Grand National , a horse race held annually at Aintree in England. In 2003, he placed a series of bets on Monty's Pass , a horse trained by Jimmy Mangan, at long odds of 66-1 three months before the race.
His unwavering belief in the horse paid off handsomely when Monty's Pass won the Grand National by a staggering 12 lengths, ridden by Barry Geraghty. Futter's meticulous betting strategy resulted in a profit of over €1 million.Futter's win was a landmark event in racing circles, making him a household name and cementing his legacy as a master of gambling. He consistently backed Monty's Pass in the weeks leading up to the race, carefully monitoring the odds that shifted to 16-1 by race day. His syndicate, Dee Racing, comprised of wealthy individuals from Donaghadee, County Down, also collected £348,000 in prize money. The triumph sent shockwaves through the betting industry, particularly impacting William Hill, a prominent bookmaker who faced their largest payout for the Grand National at the time, losing over £393,000.Futter, a man of 79 years, originally from Blackpool, was a well-known figure in the gambling world. Beyond his legendary Grand National win, he was known for owning a chain of bingo halls across Bangor and southern Ireland. He was a respected figure in racing circles, known for his long grey hair and beard, and he was a frequent sight at races and point-to-points. He is survived by his beloved wife Janet, his daughters Paula, Joanna, and Danielle, and his grandchildren Taylor, Natalie, Calvin, and Alex. A memorial service will be held in his honor at S. Clarke and Son's Funeral Church in Bangor on Wednesday, January 22nd, 2025, at 2:00 pm, followed by a private ceremony for the family
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