Kiwi punter places $55,000 bet on previous champion to win FIFA World Cup

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A New Zealand punter has bet $55,000 (at $1.27) on a previous FIFA World Cup winner to take out this year's tournament.

FIFA World Cup trophy

Source: Photosport

Germany, Spain, Italy, Brazil, France, Argentina, England, and Uruguay are the eight teams to have won the World Cup.

They stand to win $69,850.

The TAB says New Zealanders bet more than $32.3m during the last world cup.

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