Sydney man remorseful after ‘foolproof’ betting scheme loses $1.2 million
Despite his “foolproof” sports-betting scheme haemorrhaging money, Michael Pryde recklessly invited his friends and family to gamble their money. In the end, he lost over $1 million of their money in the failed scheme as he tried to beat the odds and recoup his losses. Pryde ran the Simply The Bets scheme with a promise…