Michael Phelps Creates Bookies Nightmare

15 August 2008

After winning six gold medals, swim master Michael Phelps has become “the bane of bookmakers,” Reuters reported on Thursday.

Due to his record-breaker reputation, the American champion has garnered many online bets in his favor, which has led to a winning streak for gamblers with winning odds down to about 5/2 on.

"Although he has been at short odds to win he has being doing the right thing by the punters who are getting back more than they get on bank interest," Phil Hannah, general manager at SportsBet, told the news service. "He really has become a thorn in the bookmakers' side."

As a quick aside, click here for a peek at Michael Phelps’ diet.