Dunstable punter's £1m Ascot bet falls on final furlong

Jockey Ryan Moore on Caravaggio (L) wins the Commonwealth Cup

A horse racing fan who placed a seven-race accumulator bet on Royal Ascot has lost out on a £1m payout after his final prediction proved wrong.

The £40 bet was placed earlier this week at Ladbrokes in Dunstable, Bedfordshire.

The first six predictions all came in, leaving a £1m payout resting on an 8-1 shot in the Commonwealth Cup.

But the punter's final horse - Bound for Nowhere - came fourth behind winner and race favourite Caravaggio.

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The £40 accumulator could have won the punter £1m

Before the race, the punter had already beaten these odds:

• Lady Aurelia 7-2

• Barney Roy 5-2

• Qemah 5-2

• Highland Reel 11-4

• Coronet 7-1

• Big Orange 8-1

Nicola McGeady, from Ladbrokes, said the punter had made "incredible predictions" during the week.