Clueless punter somehow turns $7 into $400K

One extremely lucky woman has turned a day at the races into a life-changing windfall after walking away with over $400,000 from a tiny bet.

The single mother of two was at the Goodwood Festival in England recently when she placed a number of bets totalling $7.50 on horses she picked simply by their names.

She tipped winners Dark Red at odds of 12/1, Thechildren’strust at 100/1, Breton Rock at 50/1 and El Astronaute at 33/1.

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The remarkable lucky streak saw her pocket a cool $410,000 for her troubles.

Incredibly, she was agonisingly close to making the windfall $1.66 million, but her final selection Darkroom Angel led for most of its race before fading late and finishing 10th.

One of the races at Goodwood. Image: Getty

A spokesman for the bookmaker William Hill said: "Some of our racing traders have been in the game for 40 years and none of them can remember such an astonishing bet that so nearly cost us a million.

"A few were almost having heart attacks watching the final race, but the punter inside all of us was cheering on the lady’s last selection and it was in front for a long way.

"But I am not sure if the boss would approve of that. It was every punter’s bet of a lifetime — winning a fortune for less than a fiver (in British pounds).

"A few quid outlay and the lady has a new house — talk about finding your dream home."