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Last Updated: Wednesday, 26 May, 2004, 10:57 GMT 11:57 UK
Pakistan fan's expensive dinner
Victorious Indian cricket team

A cricket fan has been forced to remortgage his house after losing a 50,000 bet with his mate on the outcome of the Pakistan-India series.

The man, a Pakistan supporter, is keeping his identity secret, but the winner of the wager - who knows nothing about cricket - has been only too keen to revel in his good fortune.

Jake Caratella, a 44-year-old club doorman from Leicester, scooped the cash after India won both the Test and one-day series. If it had been the other way around, he would have had to hand over 50,000.

Caratella suggested the bet after getting fed up with his pal's boasts about how both competitions were going to finish.

"My friend was saying Pakistan this and Pakistan that so I asked him to put his money where his mouth is," he explained.

"He shook my hand and we drew up a contract later that night.

"I did not watch the series because I am not into cricket. I just went around getting on with my life. But when India won the first game, I thought I was going to win."

The deal between the two men was struck over dinner at a local restaurant and witnessed by several friends.

Jake Caratella
Caratella is quids in

Caratella claimed the windfall when India won the Test series 2-1 in April, having already clinched the one-day equivalent.

The father-of-two, who described himself as "not a millionaire but quite wealthy", said he would put the money towards a new apartment in Dubai and servicing his Ferrari.

When asked if he felt guilty about taking the cash off his friend, he replied: "A bet's a bet."

And you can be sure that's just what the other man's family are saying.

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