John Singleton, one of Australia’s wealthiest businessmen and a known enthusiast of high-stakes wagers, made headlines with his bold $100,000 bet on the Penrith Panthers in the NRL grand final. His gamble paid off handsomely, resulting in a staggering $400,000 windfall.
With no shortage of real money gambling sites in Australia eager to take his bet, Singleton secured odds of 4:1, setting the stage for a substantial win if the Panthers triumphed. He placed his wager back in March, confidently backing Penrith to clinch their fourth consecutive premiership title—a risk that ultimately paid off in dramatic fashion.
The NRL Grand Final: A Thrilling Contest
The grand final match between the Penrith Panthers and the Melbourne Storm was a tense, thrilling contest, with both teams showcasing their talent and determination. Melbourne struck first with an early try from Harry Grant, putting the Panthers on the back foot. However, Penrith responded in kind, with Sunia Turuva leveling the score soon after.
Just before halftime, the dynamic duo of Jarome Luai and Nathan Cleary linked up to set up a crucial try by Liam Martin, giving the Panthers the edge going into the break. This key moment put Singleton’s $100,000 wager in a strong position as Penrith took control of the game.
Singleton’s Big Bet Pays Off
Melbourne had several opportunities to regain the lead as the second half got underway, but Penrith’s defense remained rock-solid. A pivotal try from Paul Alamoti extended the Panthers’ lead, and despite the Storm’s best efforts, they couldn’t break through the resilient Penrith defense. The Panthers secured a 14-6 victory, making Singleton’s gamble a resounding success.
This victory marked Penrith’s fourth consecutive NRL premiership, an extraordinary achievement that adds another chapter to the club’s impressive dynasty. For Singleton, the win was a personal triumph and a validation of his bold betting strategy.
A Tradition of Big Bets and Generosity
Singleton is no stranger to making headlines for his high-stakes bets and public displays of generosity. Throughout his career, he has participated in some of the biggest wagers in Australian sports and is known for celebrating his wins in style.
On this occasion, Singleton promised to shout drinks for patrons at the Railway Hotel in Gosford, where he watched his beloved Panthers clinch the title. His offer follows the tradition of his past betting wins, where he has shouted drinks for entire bars or racetracks to celebrate his success.
Penrith’s Victory: A Historic Moment
The Panthers’ win secured Singleton’s massive payout and solidified the team’s place in NRL history. Penrith has established itself as a true rugby league powerhouse with its fourth consecutive premiership title. The game was a testament to their dominance, with stars like Cleary, Luai, and Martin playing key roles in their success.
While Singleton could have cashed out half of his winnings before the game, the high-stakes gambler rode the bet for the full $400,000, adding even more excitement and drama to an already intense match. His love of the thrill and faith in the Panthers paid off in spectacular fashion.
A Legacy of Betting Wins
Singleton’s big win in the NRL Grand Final is the latest in many successful high-stakes wagers. From backing horses to betting on major sporting events, he has built a reputation for his bold approach to gambling. Whether at the racetrack or in the pub, Singleton has never shied away from placing large bets and sharing his good fortune with those around him.
For Singleton, the excitement of the bet is as important as the winnings, and his most recent success is a testament to his willingness to take risks. As the Panthers continue their reign in the NRL, Singleton’s gamble will become one of his most memorable—and lucrative—bets yet.
