Leicester City Wins the Premiership

There's a city in England called Leicester and their team is Leicester City. They just got up to the premiership, the top league a few seasons ago. This season, when the bookmakers were doing the odds, the odds of Leicester City winning the premiership was literally 5,000 to one. The way that betting on football works now has changed in recent years. So if you bet on something, and that thing looks like it's becoming increasingly likely, bookmakers give you this chance to cash out your bet at lower odds.